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Topic “China UnionPay”

TSM Hubs and Aggregators–Can They Help Banks Roll Out NFC?

NFC Times Exclusive: The cost and complexity of loading and provisioning applications on secure elements in NFC phones has held back mobile-payments rollouts and added to the growing interest of such alternatives as host-card emulation, Bluetooth low energy, even QR codes, observers agree.

China UnionPay Signs up 30 Banks to Use TSM Platform; Works with NFC SIMs and Embedded Chips

China UnionPay has announced that 15 banks now have access to its TSM platform, while a total of 30 banks have signed a cooperation agreement to eventually use the platform.

China Merchants Bank Launches Payment on Samsung Embedded Chips

Scope: 
Rollout
Status: 
In progress
Launch: 
Nov 2013
Main Application: 
Payment
Users: 
N/A

China Merchants Bank, one of China’s largest commercial banks, enables customers to download its CMB mobile wallet on three Samsung NFC devices and recharge the payment application stored on the embed

Popular Chinese Smartphone Maker Incorporates Embedded Secure Element

France-based Oberthur Technologies has announced its embedded secure element is included in the newest Android handset, the Mi3, from China’s popular smartphone maker Xiaomi, and predicted the chip will enable NFC mobile payment in China.

China Mobile to Miss NFC Handset and User Goals This Year; Plans Measures to Accelerate Rollout

New York, NY – China Mobile will miss its goal of rolling out 10 million NFC phones and signing up three million users by the end of 2013, citing problems with handset makers implementing NFC on enough phones, among other issues.

China UnionPay Introduces Mobile Wallet, Though Not Yet Supporting NFC

Chinese payment card network China UnionPay has launched its own mobile wallet for Android phones and the iPhone, enabling users to add their payment cards and loyalty cards, coupons and eventually e-tickets.

China Unicom and Merchants Bank Announce Plans for NFC Payments Launch

Dec 3 2012 (All day)

China’s No. 2 mobile operator China Unicom, along with China Merchants Bank, today announced plans to launch an NFC payments service next month in Shanghai.

China Mobile Plans Commercial NFC Launch in 2013

China Mobile reportedly plans to sell 10 million 3G NFC phones next year and to sign up 3 million users, according to a presentation by the telco’s vice general manager for e-commerce Wednesday at the NFC & Mobile Money Summit.

Chinese Bank Launches NFC Payment on Embedded Secure Element in HTC Phones

Handset maker HTC and China Merchants Bank have officially announced the launch of a mobile-payment service that puts a contactless payment application on an embedded secure chip in HTC Android phones.

China Mobile Gears Up For Major NFC Trial with Wallet, SIMs

China’s largest mobile operator, China Mobile, is gearing up for a major trial of SIM-based NFC services next February, which could extend to several cities and use five or more Android-based NFC phones.

HEADLINE NEWS

Giesecke & Devrient Reports Falling Sales, Lower Profits for 2013

Germany-based Giesecke & Devrient was no doubt glad to close the books on 2013, a year in which it saw substantial job cuts and changes in management and–as it reported Wednesday–lower sales and profitability.

Inside Secure Acquires Security Vendor Metaforic with Eye Toward Host-Card Emulation Market

France-based Inside Secure has acquired encryption and software security company Metaforic in a cash deal worth at least $11.6 million, which Inside Secure says will help equip it to offer security services for host-card emulation-based mobile payments.

China Telecom Chooses NFC SIM Vendors for Large Planned Procurement

Apr 18 2014 (All day)

China’s No. 3 mobile operator, China Telecom, has selected a list of six SIM vendors for its large planned rollout of NFC services.

Intel Buys Inside Secure’s NFC Modem Technology; Expands License of Inside's NFC Patents

Apr 2 2014 (All day)

Inside Secure is selling its next generation NFC controller technology to chip maker Intel, as well as an expanded license, for $19.2 million, though will keep most of its NFC patents and embedded chip technology.

Big French Bank Announces Nationwide Rollout of NFC-Payments Service on SIMs

Apr 4 2014 (All day)

BNP Paribas, one of France’s largest banks, today announced its long-anticipated nationwide rollout of NFC payments, making Visa-branded debit cards available to customers on SIM cards issued by France’s two largest mobile operators and a couple of smaller brands.

OTI Lowers Losses as It Continues Turnaround Efforts but Offers No Time Frame for Turning a Profit

In the first full year since a takeover ousted former CEO and co-founder Oded Bashan, Israel-based NFC and contactless company On Track Innovations showed some progress in its efforts to turn around the chronically unprofitable company, in part by focusing on sales of contactless point-of-sale terminals.

Australia’s Westpac to Launch First Project with Visa on Samsung Embedded Chips; HCE Gears Up in Market

A second of Australia’s big four banks, Westpac Banking Corp., said it will finally be ready to launch its long-planned NFC contactless payments service with Visa using embedded chips in Samsung phones by the end of April, the bank told NFC Times.

NFC SIM Volumes Projected to Show Moderate Growth in 2014, Though Impact of HCE Remains Unknown

NFC Times Exclusive: Mobile network operators will take delivery of at least two-thirds more NFC SIMs this year than in 2013, predicts operator trade association, the GSMA, though the impact of host-card emulation remains to be seen.

Identive Narrows Losses; Reports More Restructuring

U.S.-based Identive reported significant restructuring and job cuts in the fourth quarter, along with increased sales for NFC and other RFID tags–but still no profit.

NFC Forum Issues Statement Supporting HCE as Means to 'Accelerate' Market Growth

The NFC Forum has issued a statement of support for host-card emulation at its all-member meeting this week in San Francisco, calling HCE a “promising addition to the portfolio of NFC solutions that could potentially accelerate market growth.”

Tenders Due for TSM Platform Planned by Taiwanese Banking Joint Venture

NFC Times Exclusive: Tenders are due tomorrow from vendors in response to a request for proposal for Taiwan’s second planned centralized trusted service management platform–this one from Taiwanese banking groups, which formed a mobile-payments joint venture late last month.

Former Safran Morpho e-Documents No. 2 Named CEO of Contactless Vendor ASK

Former Safran Morpho e-Documents’ No. 2 man Julien Zuccarelli has been named CEO of France-based ASK, as the contactless vendor continues its turnaround and expansion efforts.