Topic “Cathay United Bank”

Taiwanese Banks to Get Approval from Regulators; Clears Way for Mobile-Payment Launches

Five banks in Taiwan are expected to receive approval from regulators by next month that would allow them to issue mobile credit cards that could be downloaded over the air to SIM cards in NFC phones.

Taiwan: Taiwan’s No. 1 Telco To Trial SIM-based NFC Wallet

Scope: 
Trial
Status: 
Planned
Launch: 
Oct 2012
Main Application: 
Payment
Users: 
About 100

Chunghwa Telecom’s NFC wallet trial will test two payment applications and a Chunghwa T

Taiwan’s Largest Telco to Launch Android M-Payment Trial As Island Gears Up for NFC

Oct 8 2012

Taiwan’s largest mobile operator, Chunghwa Telecom is expected to announce the launch of an NFC wallet pilot Monday, with plans to test two payment applications stored on NFC SIMs and running in a trio of high-end Android phones.

MicroSD Vendor Announces Taiwanese M-Payment Trial Using HTC NFC Phones

Aug 8 2012

Giesecke & Devrient Secure Flash Solutions has announced a trial launched last month in Taiwan by Cathay United Bank of mobile payment applications running on microSD cards in full NFC phones.

Taiwanese Bank to Launch PayPass on microSDs in HTC NFC Phone

Jun 18 2012

Handset maker HTC and Cathay United Bank of Taiwan, among other parties, are expected to announce plans to launch an NFC mobile-payment project putting a MasterCard PayPass credit application on microSD cards that can run in a full NFC phone model from HTC.

Taiwanese Banks Plan to Launch M-Payment on iPhone and SWP microSD Cards

Three Taiwanese banks are seeking to enable their customers to tap their mobile phones to make purchases with MasterCard PayPass using microSD cards in a full Android NFC phone from HTC, as well as an iPhone attachment with an embedded chip, as part of separate NFC mobile-payment projects.

Asia-Pacific Banks Gear Up for HCE; Likely Site of Some of the First Issuer-Led Launches

NFC Times Exclusive: Despite the interest in host-card emulation in North America and, to some extent, Europe grabbing the spotlight, there is a good chance that banks and other issuers in Asia-Pacific could generally commercialize the technology first, sources told NFC Times.

Taiwan: Bank Tries Out MicroSDs in Full NFC Phones

Scope: 
Trial
Launch: 
Jun 2012
Main Application: 
Payment
Users: 
2,000

Cathay United customers are able to tap their phones to make contactles

Taiwan: Residents Tap Phones With Mobile Door Keys

Scope: 
Trial
Launch: 
Sep 2008
Est. Launch: 
Main Application: 
Access control
Users: 
3,000-6,000

The large trial, scheduled to end in January 2010, distributed two BenQ NFC phones apiece to up to 3,000 families in apartment complexes owned by Farglory Realty.

HEADLINE NEWS

Vendor Blames Certification Woes for Slow Rollout of Payments Wearables

NFC TIMES Exclusive – A costly and time-consuming payments wearables certification process is a major contributor to delays in payments wearables getting into the hands of more consumers, Israel-based On Track Innovations’ director of marketing and head of innovations Nir Barr told NFC Times.

With Apple’s NFC Technology Locked, Denmark Tries BLE for Payments

NFC TIMES Exclusive – With Apple showing no signs of backing off its policy of restricting use of its NFC technology to Apple Pay only, banks and payments services providers are looking for ways to enable their iPhone-packing customers to pay with their phones in stores, especially in countries where Apple Pay hasn’t yet launched.

Analysis: Fall in NFC SIM Card Shipments Years in the Making

NFC TIMES Exclusive Insight – SIM card vendor trade group the SIMalliance acknowledged for the first time that NFC SIM shipments are dropping and blamed disappointing take-up by consumers, as well as the tail end of the impact of the closing of the Softcard joint venture in early 2015. The group again declined to release global NFC SIM shipment figures, however.

Exclusive: Group of Major U.S. Banks Presses Visa to Open up Tokenization

NFC TIMES Exclusive – Some of the largest banks in the U.S. have been pressing Visa to allow them to tokenize their Visa-branded cards for mobile payments through a token service provider set up by their trade group, The Clearing House, which is owned by such major U.S. issuers as JPMorgan Chase, Wells Fargo, Capital One and Bank of America, NFC Times has learned.

Major French Banks Roll Out HCE as They Warily Await Expansion of ‘Pays’ in France

NFC TIMES Exclusive Insight – There are markets where the major banks welcome Apple Pay and other “Pays” wallets, such as Taiwan, the most recent country to launch Apple Pay. And then there are countries where banks hold back.

As PayPal and Visa Extend Agreement to Asia-Pacific, PayPal Wallet Users Still Wait for In-Store Payments with NFC

NFC Times Exclusive – Visa and PayPal on Tuesday announced an extension to Asia-Pacific of last year’s agreement to work together on digital payments in the U.S., including opening up Visa tokenization and Visa payWave-enabled terminals to PayPal users for in-store NFC transactions.

Australian Antitrust Regulators: Apple’s Lock on NFC Technology Doesn’t Hurt Competition

NFC TIMES Exclusive Insight – As expected, Australian antitrust regulators shot down a request by four major banks for permission to bargain collectively with Apple to try to gain access to the tech giant’s NFC technology in its iPhones and to jointly boycott participation in Apple Pay during the negotiations.

Apple Pay Launches in Taiwan; Banking Group Announces Local Token Service Provider, Though TSP Not Ready Yet

Apr 3 2017

NFC TIMES Exclusive Insight – TAIPEI, Taiwan: Apple launched its mobile payments service in Taiwan today, before the end of the month as expected, as the tech giant expands Apple Pay to its 15th market globally.

Taiwan’s Domestic Debit Network to Launch Token Service Provider

Mar 29 2017

NFC TIMES Exclusive – A number of Taiwanese banks plan to enable customers to load their debit card credentials into an HCE-enabled mobile wallet app starting this month, following the launch last year by the banks of HCE-enabled credit card payments, NFC Times has learned.

Samsung Launches Support for QR Code-Based Payments in India, as It Seeks to Broaden Merchant Acceptance

NFC TIMES Exclusive Insight – Samsung has expanded its mobile payments service to India, where Samsung Pay will integrate a QR code-based mobile wallet service, along with conventional NFC bank card payments and Samsung’s proprietary mobile mag-stripe payments technology, MST.

Gemalto’s Shares Tumble as it Warns of Lower Revenue and a Bigger Miss of Its 2017 Profit Goal

NFC TIMES Exclusive Insight – Shares in France-based vendor Gemalto fell sharply today as it issued warnings before markets opened that its revenue and profit would badly miss projections this year.

Exclusive: Visa Locks Out Third-Party Token Service Providers; Sets Dates for Ending Support for Alternate PANs

NFC TIMES Exclusive – Unlike at least some other major networks, including Mastercard, Visa has shown no intention of allowing third-party token service providers to tokenize Visa-branded cards, requiring nearly all issuers to use Visa’s own Visa Token Service, or VTS, sources told NFC Times.