Topic “DeviceFidelity”

Square Acquires Payment Processing Tech Vendor Kili; May be Planning NFC mPOS, but Will it Keep DeviceFidelity?

Mar 13 2015

NFC Times Exclusive Insight – UPDATED: Mobile point-of-sale device supplier Square has acquired payment processing component vendor Kili Technology, the same vendor that purchased NFC accessory vendor DeviceFidelity in November, but Square does not plan to keep DeviceFidelity, a source connected with Square told NFC Times.

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.

NFC Booster Chip in New iPhones One Key to Apple Pay Performance, Though Not Yet Standardized

NFC Times Exclusive: In what is believed to be one of the first uses for NFC booster technology in NFC phones, the new iPhone 6 and iPhone 6 Plus feature an amplifier chip enabling a unique antenna design by Apple for its Apple Pay service that launched Monday.

Makers of NFC Accessories Targeting iPhone Contend Their Market is Not Lost

NFC Times Exclusive: Despite the announcement by Apple of its first NFC-enabled iPhone, released Friday, promoters of NFC-enabled attachments targeting the iPhone contend they will not lose business.

Cashwrap iPhone Cases for Isis Mobile Wallet Make Debut with Verizon

Incipio’s Cashwrap NFC case to enable iPhone owners to use the Isis Mobile Wallet is available for Verizon Wireless, the accessories maker announced Thursday.

Isis iPhone Cases Launch Following Delays; Only for AT&T Customers So Far

Isis telco AT&T is making the first NFC-enabled cases for the iPhone available for use with the Isis Mobile Wallet this week, a move expected to be followed by Verizon Wireless soon.

Platform Providers Predict Demand for White-Label Wallets; Some Merchants See Room for Improvement

While mobile-wallet platform providers see demand for white-label wallets, some merchants say they see room for improvement in current offerings.

DeviceFidelity Prepares to Launch iPhone 5 Case; Product is Crucial for Company

NFC Times Exclusive: A long-anticipated but delayed launch of an NFC case for the iPhone 5 is finally ready to go forward, following remaining approvals needed from Visa and Apple, NFC Times has learned.

U.S.: Bank Launches Beta Test of microSDs with iPhone

Jan 2013
Main Application: 

U.S. Bank, the No. 5 commercial bank in the U.S.

U.S. Bank Launches ‘Go Mobile’ Beta in Two Cities with iPhone NFC Add-On

U.S. Bank has announced the “beta” launch of its Go Mobile service in two cities, using microSDs and an NFC-enabled case for the iPhone.


Caps on Contactless Transactions to be Thing of the Past for European Consumers

NFC Times Exclusive Insight – With contactless card payment growing more popular in Europe and high-profile NFC mobile-payments services such as Apple Pay starting to gain a foothold there, payment schemes are preparing to significantly raise or eliminate caps on transaction value to try to encourage even more growth in contactless and NFC payments.

China Construction Bank Launches NFC Payments Using Host Card Emulation, Following ICBC

Oct 3 2015

NFC Times Exclusive Insight – At least one more of China’s big four banks, and perhaps two, have reportedly introduced mobile payments with host card emulation, following Industrial and Commercial Bank of China, which launched HCE-based service in May.

Mozido Tops Gemalto to Win Taiwanese HCE and Tokenization Contract

NFC Times Exclusive A joint venture of Taiwanese banks and banking groups has chosen U.S.-based Mozido to supply it with host card emulation, tokenization and wallet technology, a surprise win for Mozido, which bought the U.S. mobile commerce arm of South Korean IT services firm SK C&C less than a year ago, NFC Times has learned. 

USA Technologies: Nearly 300,000 Vending Machines Accept NFC; Apple Pay, Android Pay Drive Demand

NFC Times Exclusive Insight – U.S.-based unattended retail payments company USA Technologies had nearly 300,000 NFC-enabled cashless payment terminals connected to its network as of the end of the 2015 fiscal year and expects that to grow strongly next year, as mobile-payments services such as Android Pay roll out, the company said.

Contactless Payments Pioneer Barclaycard Announces Plans to Launch HCE; Builds Technology In-House

NFC Times Exclusive Insight – Barclaycard, one of the top payment card issuers in the UK, plans to launch NFC payments from its mobile-banking app in November using host card emulation, which will allow the issuer to avoid putting its payment applications on secure elements to roll out mobile payments.

Google Launches Android Pay as HCE Alternative to Rival Apple Pay Service

NFC Times Exclusive Insight – Google officially launched Android Pay in the U.S., its host card emulation-based rival to Apple Pay and its second stab at rolling out NFC payments for in-store payments, following its little-used Google Wallet.

MasterCard Tokenization Launch Matches Visa’s, as Both Schemes Make Play for Mobile Transactions

NFC Times Exclusive Insight – MasterCard Worldwide Tuesday announced its hub-like commercial tokenization program, Digital Enablement Express, a widely expected move that matches a similar service that rival Visa introduced in late May, Visa Digital Enablement Program, or VDEP. Like VDEP, MasterCard’s new tokenization program has signed up Google and Samsung for their respective payments services, though neither MasterCard nor Visa has announced that Apple would join.

Trustonic Says Funding for Joint Venture Increasing Despite Divestiture by G&D

NFC Times Exclusive – Mobile security company Trustonic says its two remaining owners are increasing funding for the joint venture, and it plans to get into new markets, as the company seeks to capitalize on growing interest in securing mobile payment services, among other applications.

SIM-Based NFC Payments Pioneer CaixaBank Launches New App Supporting HCE

NFC Times Exclusive Insight – CaixaBank, Spain’s large savings bank and one of the most important early adopters globally among financial institutions of SIM-based NFC payments, has introduced a mobile-payments app based on host card emulation.

Shutdown of Softcard Costs Major Technology Supplier Gemalto Millions

Aug 28 2015

NFC Times Exclusive Insight – France-based Gemalto estimates it is losing around €30 million (US$33.8 million) in revenue per quarter from the closing of the Softcard mobile-payments service in the U.S. last March–a setback that will end up costing the vendor nearly €100 million in lost sales this year and around €50 million in profit.

EMVCo to Release Overdue Tokenization Updates This Year; But Unclear if Major Update Planned for 2015

NFC Times Exclusive – Commercial standards organization EMVCo says it will publish what are considered overdue updates to its tokenization specification before the end of the year, though the organization is releasing few specific details overall, and it’s unclear whether there will be a major update to the specification this year, NFC Times has learned.

Tokenization from Visa and MasterCard Will be Tough Sell in Such Markets as Turkey, which Could Opt for Alternate PANs

NFC Times Exclusive – Turkish banking group BKM and at least some Turkish banks are among those planning to support their own form of tokenization–alternate PANs–for early and perhaps later rollouts of NFC mobile payments–a move that could put a crimp in the tokenization plans of the major payments schemes, Visa and MasterCard Worldwide.