Topic “Discover Financial Services”

AmEx and Discover Weigh In On HCE, Tokenization and Acceptance

Las Vegas, Nev. – No single mobile payments provider or platform will dominate the market in the long run, so card networks should adopt a flexible approach, CEOs of two major payment networks, American Express and Discover Financial Services, told attendees at this week’s Money 2020 conference.

Verizon, Discover Join NFC Forum as Principal Members

Verizon Wireless, the largest mobile operator in the U.S., along with U.S. payment brand Discover Financial Services have joined the NFC Forum as principal members, giving them a say in developing NFC standards and forum policy.

As Google Readies New Wallet Version, Sprint Gears Up with ‘Open’ Approach

As Google readies the launch of the next version of its wallet, expected to feature the addition of a physical payment card, other mobile-commerce players, including Google Wallet partner Sprint, are gearing up with their own offers.

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

Oct 24 2012

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.

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

Aug 31 2012

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.

Discover Financial’s Emerging Payments Chief Departs for Barclaycard

Jun 18 2012

Farhan Ahmad, who headed U.S.-based Discover Financial Services’ prepaid and emerging payments units, including its nascent NFC and contactless programs, has left Discover for UK-based issuer Barclaycard, NFC Times has learned.

The Year Ahead for NFC: Major M-Commerce Rollouts Unlikely Until 2013

By: 
Dan Balaban

2012 was going to be the year that the new era of NFC-based mobile commerce had finally arrived–with Google Wallet rolling out widely, mobile operators in the U.S. and Europe making significant inroads with their own mobile wallets and big Asian m-commerce players generally commercializing NFC, as well.

Discover to Launch Employee Pilot with NFC-enabled iPhone Attachment

Discover Financial Services plans to conduct a large employee pilot starting this month with an NFC-enabled iPhone attachment, iCarte, NFC Times has learned.

Google Wallet Launches as Other Payment Networks Sign On

Visa, American Express and Discover Financial Services have agreed to work with Google to enable consumers to put their payment applications into future versions of the Google Wallet, which the Web giant launched today.

Four Major U.S. Payment Networks to Support Isis

Jul 20 2011

The four major U.S. payment networks will work with mobile carrier joint venture Isis as it rolls out NFC-based mobile commerce in the United States, it was announced today.

HEADLINE NEWS

Broadcom Says Little About NFC in Q1 Earnings Call

Apr 23 2015

NFC Times Exclusive Insight – U.S.-based Broadcom reported continued growth for its connectivity segment during its first quarter 2015 earnings call, but made almost no mention of NFC.

Unlike Apple, Samsung Appears Willing to Open Embedded Chips to Banks for Their Own Apps

NFC Times Exclusive – Samsung’s NFC payments platform, Samsung Pay, is due to launch in the summer in the U.S. and South Korea. But it’s not the only payments service planned for Samsung’s new flagship smartphone, the Galaxy S6.

Small Australian Bank Says It Sees HCE as Offering ‘Wider Reach’ Than Other Technologies

Apr 8 2015

NFC Times Exclusive Insight – Australia’s AMP Bank said it chose to launch mobile-payments with host-card emulation over other NFC technologies because of the “wider reach” the technology offers, since it’s “available to all NFC-enabled Android mobile phones running KitKat or later,” the bank’s director digital, Michael Weeding, told NFC Times.

New Zealand Joint Venture Launches SIM-Based NFC Wallet Amid Growing Interest in HCE

NFC Times Exclusive Insight – New Zealand joint venture Semble has launched its SIM-based NFC mobile wallet, after delays and the decision by of two of the country’s big four banks to launch mobile payments from their own apps using host-card emulation.

Vodafone Seeks to Revamp Wallet with Tokenization and Apple Pay Technology Model

NFC Times Exclusive Insight – Vodafone Group is relaunching its NFC-based Vodafone Wallet with tokenized payment applications, as it seeks to attract more users and issuers to the mobile wallet.

Under Threat, Mainstream TSMs Rebrand as ‘Credential Managers,’ Embracing Tokenization and Accepting HCE

NFC Times Exclusive – Is the TSM, as we know it, dying? Predictably, the three major global trusted service managers say no.

UPDATED: OTI Gets Favorable Ruling in NFC Patent Infringement Case; Reports Continued Losses for 2014

Mar 31 2015

NFC Times Exclusive Insight – A U.S. district court judge has ruled that T-Mobile USA infringed an NFC patent held by Israel-based On Track Innovations.

Second Kiwi Bank Snubs SIMs for HCE with ANZ’s Planned NFC Launch; Bell ID Gets Nod as Vendor

Mar 31 2015

NFC Times Exclusive Insight – Another major New Zealand bank has announced plans to launch NFC payments with host-card emulation, snubbing a joint venture set up to launch SIM-based NFC on the island nation.

Microsoft Jumps on HCE Bandwagon Though Meager Windows Market Share for Smartphones Mutes Impact

Mar 26 2015

NFC Times Exclusive Insight – Windows 10 for phones, set to be released later this year, will support host card emulation, or HCE, based NFC payments, Microsoft revealed at a recent Windows event in China.

G&D Supplies HCE Technology for Commonwealth Bank HCE Service

Mar 25 2015

NFC Times Exclusive Insight – Germany-based Giesecke & Devrient confirmed it is providing the host-card emulation technology for Commonwealth Bank’s commercial HCE launch this month of Tap & Pay from the bank’s Android-based mobile-banking app.

Identiv Plays Up IoT Tag Business, but Losses Continued in 2014

Identiv CEO Jason Hart sounded optimistic tones about the company’s NFC tag business, particularly in “Internet of Things” applications or tags for consumer goods, during a conference call last week to discuss Identiv’s fourth quarter and full year 2014 earnings, but investors responded with less optimism.

Gemalto Claims 25% of U.S. EMV Market; Seeks to Take Spotlight Off SIM

NFC Times Exclusive Insight – France-based Gemalto, which is keen to take the spotlight off its SIM business, projects EMV cards to represent perhaps the largest expected source of revenue growth in the coming year.