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Topic “CaixaBank”

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.

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.

HEADLINE NEWS

TI’s NFC Sensor Transponder Latest Product to Target Wearables, IoT Markets

Dec 20 2014

U.S-based Texas Instruments said it expects to see prototype launches of devices using its recently launched NFC sensor transponder in the first quarter of 2015, as the U.S.-based chip maker seeks a larger stake in the promising markets for wearables, Internet of Things and industrial applications that sometimes require an NFC interface.

NFC SIMs in Short Supply for Chunghwa Telecom's NFC Rollout

NFC Times Exclusive – TAIPEI, Taiwan – Gemalto announced this week that it is providing NFC SIM cards for Chunghwa Telecom’s commercial launch of NFC services, but availability of the SIMs to the telco’s subscribers are extremely limited and none of the telco’s shops or service centers currently have the cards, NFC Times has learned.

Magyar Telekom Launches Hungary’s First NFC Payments Service; Hopes to Avoid Threats to SIM-Based NFC

Dec 11 2014

NFC Times Exclusive – Hungary’s largest telco, which last week launched NFC payments commercially, believes it can avoid problems and threats encountered by other telcos launching

People on the Move: Awad Returns to Broadcom’s NFC Program as Chip Maker’s NFC Business Lags Behind Chief Rivals

Dec 4 2014

NFC Times Exclusive – Mohamed Awad, who formerly headed Broadcom’s NFC business, has returned to oversee the program, among other duties, as Broadcom looks to reinvigorate a progra

NFC Telco Pioneer Turkcell Pulls Back on Support for Technology

NFC Times Exclusive – Turkey’s largest mobile operator, Turkcell, one of the first telcos globally to launch NFC service commercially, has pulled back from the technology, having seen too little take-up for NFC retail payments, NFC Times has learned.

Gemalto Seeks to Reposition TSM Offer as ‘Hub,’ as It Tries to Counter Threats to Its NFC Business; but is It Really a Hub?

Dec 1 2014

NFC Times Exclusive – With the role of the TSM coming under increasing pressure for being too complex and costly, Gemalto, the world’s largest TSM, is seeking to reposition its TSM offer–promoting it as being part of a large “trusted services hub,” as the France-based vendor tries to convince more banks to provision their credit and debit cards on NFC SIMs.

NXP Seeks to Open Up Access to Embedded Chips in Android Phones

Nov 20 2014

With interest growing again in embedded secure elements in NFC phones to store applications, thanks to Apple Pay, NXP Semiconductors is trying to drive demand for its embedded chips in Android phones by making it easier for service providers to load their applications on the silicon.

Orange NFC Chief: We Want to Talk to Apple about Putting Orange Cash on iPhone

NFC Times Exclusive: The head of mobile payments for France-based mobile operator Orange Group said he wants to talk to Apple about enabling the telco’s co-branded payment application, Orange Cash, on the Apple Pay platform. 

Visa, MasterCard: Secure In-App Payments with Apple Pay a ‘Game Changer,’ but Card-Not-Present Rates Remain

NFC Times Exclusive: While the thought of more consumers tapping their phones to pay in stores is attracting the most attention with the launch of Apple Pay, it’s the prospect of users paying for purchases in mobile apps with Apple Pay that could be the real breakthrough, say representatives of Visa and MasterCard Worldwide. 

OTI Reduces Growth Estimate and Pushes Back Positive EBITDA Prediction

Israeli-based NFC and contactless company On Track Innovations pushed back its prediction for positive adjusted EBITDA back to the third quarter of 2015 and reduced its estimate for 2014 revenue growth to 10%, down from the 30% it had predicted previously, the company reported in its quarterly earnings call.

DeviceFidelity Acquired by mPOS and Reader Component Supplier Kili

Canada-based Kili Technology, which supplies hardware modules, firmware and IP for mobile point of sale, readers and other payment-acceptance devices, has acquired NFC-accessories vendor DeviceFidelity.

Subway Eschews Exclusivity, Supports Multiple Mobile Wallets

NFC Times Exclusive: LAS VEGAS, Nev. – While a number of major U.S. merchants have pledged to only accept one mobile-payments service, that is not the case for giant Subway sandwich chain, which has now introduced at least three major options for its customers to pay with their smartphones.