Topic “Cathay United Bank”

Taiwanese Bank Gets Approval for NFC-Enabled Credit Cards; Okay for Other Banks Expected

Taiwanese banking regulators, as expected, have approved the first bank to issue mobile credit cards that could be downloaded over the air to SIM cards.

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

Apple Launches P2P Payments Featuring Own Digital Payment Card; Should Banks Worry?

NFC TIMES Exclusive Insight – A key part of Apple’s new Apple Pay Cash peer-to-peer payments service is its digital prepaid debit card–which can be used for in-store NFC purchases and other transactions–a first for the tech giant.

Target Shuns NFC and Apple Pay as Expected with New Wallet; Service Features Private-Label Card

NFC TIMES Exclusive Insight – Target has added its long-anticipated 2-D bar code-based wallet to its mobile app, following rival Wal-Mart Stores in launching its own payments service and shunning NFC and contactless, as expected.

Belgian Domestic Debit Network Seeks to Expand Use of Mobile Payments, Though Consumer Habits Hard to Break

Dec 1 2017

NFC TIMES Exclusive Insight – Belgium’s domestic debit network Bancontact is offering both QR code and NFC-based mobile payments services with 20 banks in the country, as backers seek to expand use by consumers of mobile and contactless payments, which each make up only around 1% of total Bancontact transactions.

Korean and Taiwanese Banks Test Loyalty Points Exchange Using Blockchain

NFC TIMES Exclusive Insight – KEB Hana Bank of South Korea and Taishin International Bank of Taiwan have demonstrated the transfer of bonus points and purchase of coupons using Blockchain technology, with KEB Hana Bank planning to launch initial service for visitors to the Winter Olympics next February in Pyeongchang, South Korea.

Norwegian Banks Move to Defend Against Global Tech Giants by Uniting Payments Services

NFC TIMES Exclusive Insight –  The “Pays” wallets, such as Apple Pay and Android Pay, have not yet launched in Norway, but Norwegian banks are not waiting for tech giants Apple and Google or other outside behemoths, such as Facebook, to try to gain a foothold.

Shared and Limited-Use Tokens and Other Changes: Tokenization 2.0 Explained

NFC TIMES Exclusive Insight – The second version of EMVCo’s payment tokenization technical framework adds two new token use cases aimed primarily for e-commerce and in-app payments, along with a few new assurance and authentication features, but much of the focus of the version 2.0 has been on restructuring and clarifying issues from the first version of the tokenization framework released more than three years ago, according to EMVCo in a webinar.

First Data Expected to Begin Tokenizing Mastercard-Branded Cards Next Year; Visa More Restrictive

NFC TIMES Exclusive –  Big U.S. acquirer and processor First Data plans to generate its own tokens for Mastercard-branded card accounts next year, NFC Times has learned, and a source says First Data is also in discussions with Visa to do the same, but Visa may not allow the processor to tokenize Visa-branded cards in place of the network’s own Visa Token Service.

Visa Launches Program to Promote Contactless Transit Payments

NFC TIMES Exclusive Insight – Visa has formed a unit to promote use of Visa-branded contactless cards and accounts on NFC phones and other devices, seeing an opportunity to expand on the success of open-loop fare collection in London and plans for the move by transit authorities in a growing number of cities, including New York, to accept contactless credit, debit and prepaid bank cards for fares.

USA Technologies Seeks to Bolster Services, Markets with Acquisition of Cantaloupe Systems

NFC TIMES Exclusive Insight – Unattended point-of-sale vendor USA Technologies expects to close its $85 million deal to acquire competitor Cantaloupe Systems next week, telling NFC Times the deal will add to USAT’s suite of services and expand its international reach.

Orange Cash Gets New Life as Part of Orange Bank App

NFC TIMES Exclusive Insight – As expected, Orange will continue offering its NFC-enabled Orange Cash Visa-branded card with the launch of its Orange Bank mobile service.

First HCE-Enabled JCB Cards to Hit Market in Taiwan in First Quarter

Nov 14 2017

NFC TIMES Exclusive Insight – Japanese credit card company JCB will participate early next year in a mobile wallet from the Taiwan Mobile Payment banking joint venture, marking the first time JCB will support host card emulation in a mobile payments service.

Canadians Take to Contactless Cards, but NFC Wallets? Not So Much

NFC TIMES Exclusive Insight – While a well-developed contactless card and POS terminal infrastructure and strong consumer take-up of contactless card payments has often been touted as the gateway to use of mobile payments, that is often not the case. Take Canada, for instance.