Topic “CaixaBank”

Top 10 Misses for NFC in 2014; Project Backers Look to Recover Momentum in 2015

Jan 7 2015

NFC Times Exclusive – While the NFC industry saw a breakthrough in 2014 with the launch of Apple Pay, the year also was marked by a number of disappointments and missed opportunities.

Will Apple Watch Drive Adoption for Payments Wearables?

By: 
Kiona Smith-Strickland

NFC Times Exclusive: The NFC-enabled Apple Watch, Apple’s first smartwatch, may drive a significant increase in adoption for wearable devices, say analysts, although it remains to be seen whether that adoption will bring with it more mobile-payments applications for wearables.

BBVA’s Pioneering HCE Service: Payments Innovation Head Talks Tokens, Reasons for Shunning SIMs

NFC Times Exclusive: Host-card emulation represents an “inflection point” for driving the rollout of NFC mobile payments and could also help the SIM-based NFC ecosystem to become more efficient and less costly, the head of payments innovation for major Spanish bank BBVA told NFC Times.

Spanish Bank BBVA Announces Commercial Launch of HCE-Based Payments

Jul 1 2014

Spanish bank BBVA is claiming to be the first bank to commercially launch payments with host-card emulation, announcing today an upgrade of its Android mobile-wallet app incorporating Visa’s HCE specifications.

Visa and MasterCard: HCE Can be as Secure as Secure Elements

NFC Times Exclusive: While continuing to support their applications on secure elements in NFC phones, Visa and MasterCard Worldwide confirmed their firm support for host-card emulation the past week, as they continue to fast-track new HCE specifications to the market.

Spanish Contactless Market Continues to Heat Up with POS Terminal Rollout by Large Retail Chain

Large Spanish department store chain El Corte Inglés has deployed 5,200 contactless terminals in its stores, the company announced on Tuesday, adding more momentum to one of Europe’s top contactless markets.

One of Europe's Top Contactless Banks to Offer NFC Payments with Three Major Telcos in Spain

Large Spanish retail bank CaxiaBank has announced plans to launch NFC payments with the country’s three largest mobile operators, in what the bank bills as a first of its kind NFC project for Europe.

CaixaBank, Telefónica to Trial NFC Payment Again at Mobile World Congress; Part of ‘NFC Experience’

Spain’s CaixaBank, mobile operator Telefónica and Visa Europe, along with technology vendor Gemalto, plan to demonstrate NFC payment at next week’s big Mobile World Congress in Barcelona.

Spanish Telcos Near Deal on NFC Working Group; PayPal Interested in Platform

BARCELONA – Spain’s three major operators, Telefónica, Vodafone Spain and Orange Spain, are finally ready to sign a memo of understanding to work together on a common platform for introduci

Spanish Bank Plans To Turn Barcelona into Contactless-Payment City

Large Spanish retail bank La Caixa will begin rolling out 1 million contactless cards along with more than 15,000 point-of-sale terminals and 500 contactless ATMs in Barcelona this month.

HEADLINE NEWS

Profits Remain Elusive for Contactless Reader and NFC Tech Supplier OTI

NFC Times Exclusive Insight – Israel-based On Track Innovations reported continued negative adjusted EBITDA and didn’t announce any new major reader sales during a recent conference call to discuss the company’s first quarter earnings. Despite a recent patent case win, investors appear to be getting impatient.

Identiv Reports Drop in Q1 Sales and Full-Year Guidance; but Says Demand for NFC Tags for IoT Up

NFC Times Exclusive Insight – Identiv reported lower-than-expected revenue for its first quarter and continued losses, though CEO Jason Hart said the company is se

Telco-Led NFC Payments Continue as Niche Market, but Growth Prospects Uncertain

NFC Times Exclusive Insight – Orange in Spain is the latest telco to announce the launch of a co-branded mobile-payments service using SIM cards and NFC phones, one of about 15 or so operators to launch globally so far. But it remains to be seen how many more will follow suit.

ICBC Launches HCE Mobile Payments with China UnionPay and Visa, as Chinese NFC-Payments Market Gears Up

NFC Times Exclusive Insight –Chinese banking giant Industrial and Commercial Bank of China has launched a mobile-payments service using host-card emulation, supporting credit cards branded by China UnionPay and Visa. 

Vendor Group Confirms 30% Growth in NFC Secure Elements in 2014; Revises 2015 Growth Rate

NFC Times Exclusive Insight – Smart card vendor association Eurosmart has confirmed its estimate that vendors shipped 350 million NFC secure elements last year, up 30% from the year before, fueled by embedded chips in Apple’s iPhones and what is probably the last significant growth spurt in NFC SIM card shipments. It predicts shipments of 550 million secure elements in 2015, up 57% from 2014, though revised downward from an earlier projection.

Qualcomm Strikes Deal to Use NFC Technology from NXP; Drops In-House NFC Program

NFC Times Exclusive Insight – Qualcomm, the largest supplier of processor chips for mobile phones globally, has made a deal to integrate NFC technology from NXP Semiconductors for its reference designs for OEMs featuring its Snapdragon processors.

Samsung Pay Head: Interest in Embedded Chips Grows for Payments and Nonpayments; eSE Won't be Limited to Samsung Pay

May 4 2015

NFC Times Exclusive –  Besides payments, Samsung is targeting nonpayment applications, and is seeing “growing interest” in its embedded chips, Samsung Pay director Victor Kim told NFC Times.

Gemalto CEO: TSM Revenue to Fall in 2015; Won't Pick Up Until Next Year, Likely with New Technologies

NFC Times Exclusive Insight – Gemalto CEO Olivier Piou said revenue from the vendor’s trusted service management business fell in the first quarter and would stay down for the rest of the year, while indicating Gemalto is no longer seeing many TSM tenders from telcos.

Giesecke & Devrient, Oberthur Hit by Falling Prices, SIM Sales

Apr 30 2015

NFC Times Exclusive – Falling SIM card prices among other challenges have forced such major smart card and NFC vendors as Giesecke & Devrient and Oberthur Technologies to restructure, though strong growth in shipments of EMV cards to Asia and the United States helped them record growth in overall revenue in 2014.

PayPal Doing NFC Trials, but Says It Will Not Rely Solely on NFC Technology

NFC Times Exclusive Insight – PayPal is trialing NFC mobile payments, CEO-designee Dan Schulman said during eBay’s first quarter earnings call, but the company continues to be cautious about embracing NFC.

Fourth U.S. Payments Network to Support Apple Pay; Discover Financial to Launch NFC Commercially after False Starts

NFC Times Exclusive Insight – Payment network Discover Financial Services announced its support for Apple Pay on Monday, becoming the fourth major payment networks in the U.S. to join Apple Pay.

Broadcom Says Little About NFC in Q1 Earnings Call

Apr 23 2015

NFC Times Exclusive Insight – U.S.-based Broadcom reported continued growth for its connectivity segment during its first quarter 2015 earnings call, but made almost no mention of NFC.