Topic “C-SAM”

MasterCard Acquires Mobile Wallet Vendor C-SAM

BARCELONA, Spain– MasterCard Worldwide announced it has acquired U.S.-based mobile wallet vendor C-SAM, a company in which it had made a sizable investment in late 2012.

Platform Providers Predict Demand for White-Label Wallets; Some Merchants See Room for Improvement

While mobile-wallet platform providers see demand for white-label wallets, some merchants say they see room for improvement in current offerings.

France Deals with Interoperability Doubts, as It Gears for National Rollout

French mobile operators, banks and vendors say they are finally ready for a nationwide launch of NFC payments this year, a move that follows years of preparations. 

People on the Move: Early Isis Planner Bierbaum Departs Sprint; NFC Veterans from Citi, Orange Join C-SAM

Chris Bierbaum, who played a role in early development of the U.S. telco joint venture that would become Isis, has left Sprint as head of mobile commerce to lead mobile initiatives globally for UK-based directories and Internet services company hibü.

Orange Group NFC Veteran Barnaud Departs for Wallet Vendor C-SAM

Jun 30 2013

U.S.-based mobile-wallet provider C-SAM has hired Vincent Barnaud, the long-serving contactless services head at France Telecom-Orange group.

U.S. Merchant Group MCX Chooses Gemalto as Wallet Supplier

France-based Gemalto today announced it has been hired by U.S. merchant group MCX to build the group's mobile wallet, which will support payment and other mobile-commerce applications.

Isis to Change Wallet Design; Hires New Wallet App Developer

The Isis mobile operator joint venture plans to introduce a new design for its mobile wallet and is changing the supplier of its device software, NFC Times has learned.

MasterCard and Wallet Software Provider C-SAM Announce Partnership, Investment

MasterCard Worldwide and U.S.-based mobile-wallet software supplier C-SAM today announced a partnership and investment by MasterCard, expanding on their earlier working relationship.

Vivotech Announces New Funding Round as it Seeks to Capitalize on M-Commerce Buzz

Contactless reader and NFC software vendor Vivotech announced today a new funding round, which it said brings the amount of its total venture capital financing to nearly $100 million over more than 10 years.

Nokia’s Head of NFC Leaves; Latest Departure from Handset Maker's NFC Team

The head of NFC at Nokia, Jeremy Belostock, has left the handset maker, the latest departure from Nokia’s NFC staff

HEADLINE NEWS

Xiaomi Announces Plans to Join Crowded ‘Pays’ Club, but Offers Few Details on Launch, Issuers

Apr 27 2016

NFC Times Exclusive Insight – Chinese smartphone maker Xiaomi is the latest OEM to announce plans to join the “Pays” club, working with payments network China UnionPay to launch an NFC-enabled mobile payments service in China, although giving no details on a launch date or participating banks.

SIMalliance Reports NFC SIM Shipments were ‘Static’ in 2015 but Refuses to Release Global Figures

NFC Times Exclusive Insight –  It is perhaps a measure of just how big of a hit SIM suppliers took from the closing of the Softcard wallet in the U.S. early last year that their SIMalliance vendor trade group is refusing to release NFC SIM shipment figures publicly for either the North American market or globally for 2015.

Three Major Singaporean Banks Agree to Support Apple Pay; Samsung Follows

Apr 20 2016

NFC Times Exclusive Insight – Three of Singapore’s largest banks will soon launch mobile payments with Apple Pay, Apple disclosed Tuesday, as it launched Apple Pay in its sixth country.

Many U.S. Merchants Continue to Balk at Accepting NFC Wallets; One Reason: Suspicions that Wallet Providers Could Get Their Data

NFC Times Exclusive – Few industry sources agree on the size of the contactless-acceptance footprint in the U.S. that enables merchants to accept Apple Pay and other NFC-enabled wallets; but one thing most of them do agree on is that contactless acceptance is not sufficient to support any kind of significant adoption of the wallets.

Restructuring Helps G&D Turn Around Financial Results from Gloomy 2014

NFC Times Exclusive Insight – Germany-based Giesecke & Devrient turned around its financial results in 2015, including its money-losing banking and SIM card unit, thanks mainly to restructuring and higher shipments of EMV bank cards to China and the U.S., the privately held company disclosed Tuesday. 

Singaporean Telcos Try NFC Transit Ticketing Following Failed NFC Payments Rollout

NFC Times Exclusive Insight –  Singapore’s three major mobile operators are giving SIM-based NFC services another try, hoping that the offer of mobile transit fare collection will encourage more consumers to use their NFC phones to tap to pay, following the flop of the country’s NFC retail payments rollout that began in 2012.

French Payments Scheme Gears Up to Provide Tokenization for HCE, OEM Pay and Tokens on SIMs

Apr 5 2016

NFC Times Exclusive Insight –  France’s domestic debit scheme Cartes Bancaires has been gearing up for the past year to launch a tokenization service for French issuers, with commercial service expected in coming months, including in support of HCE apps launched by banks and possibly for “OEM Pay” services.

Samsung Launches in China, Trailing Apple and Huawei

NFC Times Exclusive Insight – Samsung’s announcement today of its move into China with Samsung Pay helped the OEM make good on its objective of launching in China by the first quarter, though the launch has happened well after rival device makers Apple and Huawei launched their own mobile payments services in China.

OTI Cuts Costs, Reports New Orders, but Road to Profitability Remains Long

NFC Times Exclusive Insight – Six months after taking the helm of Israel-based On Track Innovations, CEO Shlomi Cohen is seeking to convince investors he can turn around the contactless reader and NFC vendor, which has been struggling despite greater global demand for the company’s main product, contactless readers.

Analysis: Poland's Bank Pekao First to Launch HCE for Windows 10, but Others Slow to Follow

NFC Times Exclusive Insight – While Poland has among the highest concentrations of contactless point-of-sale terminals globally, NFC mobile payments has not yet taken off.

China UnionPay Confirms Support For Huawei Pay

NFC Times Exclusive Insight – Chinese payment network China UnionPay has announced support for Huawei Pay, a deal that could substantially expand the number of banks and payments cards that Huawei could enable for its NFC payments service as it seeks to compete with Apple and Apple Pay.

Analysis: Visa Provides One of Canada’s Largest Banks Tokenization and Apparently Some HCE Services

NFC Times Exclusive Insight – Toronto-Dominion Bank, one of Canada’s largest banks, is the first in the country to adopt Visa's tokenization technology and the third outside the U.S. that have been announced so far using the payment scheme’s tokenization service.