HEADLINE NEWS

OTI to Supply Contactless and NFC Readers for Gasoline Stations in North America

Published: May 21 2013

Israel-based contactless and NFC vendor On Track Innovations announced Monday it had received an order for 30,000 readers for point-of-sale terminals at retail gasoline stations in North America.

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Taxis in Major U.S. Cities to Get NFC-Enabled Video Ads

Published: May 16 2013

Riders in 5,000 taxicabs in the U.S. would be able to tap on NFC tags on video advertising screens to download apps, brand information, coupons, maps, music and videos, according to technology suppliers that have equipped the taxis for potential advertising campaigns.

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Analyst: Banks Have More to Fear from Cloud-Based Technologies Than NFC

Published: May 13 2013

Banks have much more to fear from cloud-based mobile payment than from NFC, even if mobile operators control the secure elements that hold the banks’ payment applications.

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GSMA Proposes Global Standard for NFC-Enabled Loyalty and Couponing–Using SIM Cards

Published: May 9 2013
May 10 2013 (All day)

The GSMA mobile operator trade group is proposing a global standard for how point-of-sale terminals talk to NFC-enabled mobile wallets to enable consumers to redeem coupons and rewards.

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

Published: May 9 2013

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.

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UK Retailer Marks & Spencer Sees Growing Use of Contactless

Published: May 7 2013

Marks & Spencer, one of the UK’s largest retailers, announced today it had rolled out contactless payment to 644 of its UK stores and said 14% of its card transactions under £20 (US$30.97) are contactless.

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Identive Reports Growing NFC Business; Blames Flat Sales, Losses, on U.S. Budget Cuts

Published: May 3 2013

U.S.-based Identive Group reported growing NFC and smart card reader business, but fell back into the red during for the first quarter, a loss it largely blamed on U.S. federal government budget cuts.

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German Bank and Telco Hold Small NFC Trial; Larger Launches Planned in Country This Year

Published: May 2 2013

As Germany gears up for NFC, German bank Dortmunder Volksbank along with Telefónica (O2) Germany have launched a small pilot putting a credit application onto SIM cards in Western Germany.

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Cashless Technology Company Announces Rollout of Isis SmartTap on Vending Machines

Published: May 1 2013

Vending technology company USA Technologies plans to integrate the SmartTap mobile-commerce software into all of the company’s nearly 100,000 NFC-enabled terminals on vending machines nationwide.

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Infineon Introduces New Embedded Secure Element, Hoping to Tap Growing Market

Published: Apr 30 2013

Germany-based Infineon Technologies today introduced a new embedded secure element, targeting the growing market for chips that handset makers are including in their NFC-enabled devices.

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Vendor Group: NFC Secure Element Market to Grow by Two-Thirds This Year

Published: Apr 29 2013

Smart card vendor association Eurosmart has substantially increased its estimate for NFC secure element shipments for 2012–by 50% to 150 million units–and forecasts that secure element shipments will grow by another 67% in 2013 to 250 million units.

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Gemalto Reveals Some Details of MCX Deal; Vendor Will Earn Fees for Transactions

Published: Apr 25 2013

France-based smart card and security vendor Gemalto will operate the mobile-payment platform for U.S. merchant group MCX, earning a fee for every transaction, in addition to what appears to be a hosting fee it says is worth tens of millions.

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Topic “Cloud-based wallet”

Google to Introduce New Version of Wallet Next Month; iPhone App Possible

Published: Oct 23 2012
Oct 24 2012 (All day)

UPDATE: LAS VEGAS, Nev. – Google plans to announce a new version of its Google Wallet by mid-November, which would include a greater role for offers and expansion of the platform to other devices, including a possible app for the iPhone, NFC Times has learned. END UPDATE.

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Gemalto CEO: Google Wallet 2.0 Won’t Hurt TSM Business

Published: Aug 31 2012

Google’s new cloud-based wallet will not hurt demand for trusted service management services, contends Gemalto CEO Olivier Piou, who also said he sees little threat to NFC rollouts from such cloud-based mobile-payment services as those planned by Square and PayPal.

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Google: More Issuers to Integrate with Wallet; Could Pose Threat to Telco Business Case

Published: Aug 29 2012
Aug 31 2012 (All day)

Google Wallet product manager Robin Dua said the company expects more payment card issuers to soon announce support for the wallet–enabling their customers to easily add their cards to the NFC-enabled cloud-based wallet.

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Google Unveils Cloud-Based Revamp of Wallet But Keeps NFC Technology

Published: Aug 1 2012

Google has unveiled the much-anticipated revamp of its struggling Google Wallet–a cloud-based version that opens up the wallet to cards from all major U.S. payment brands, but which continues to use NFC to enable consumers to tap to pay and redeem offers in physical stores.

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