Topic “DnB Nor”

Norwegian Telco and Bank Latest to Announce Plans to Try NFC Payment

Norway’s largest telco, Telenor, and its biggest bank, DNB, plan to launch their planned NFC-enabled wallet commercially before the end of the year, the telco told NFC Times.

Norway’s Largest Telco and Bank to Launch NFC Commercially

Norway’s largest mobile operator and its biggest bank plan to announce plans next week to commercially launch NFC payments, NFC Times has learned.

Norwegian Bank and Telco Launch New NFC Trial

Norway’s largest bank, DnB NOR, and its biggest mobile operator, Telenor, have launched a new NFC trial in the capital Oslo, putting a MasterCard PayPass application on SIM cards from the telco.

Norway: Country’s Largest Bank and Telco Launch New Payment Trial

Scope: 
Trial
Launch: 
Jun 2011
Est. Launch: 
Q2 2009 (first phase)
Main Application: 
Payment
Users: 
About 250 (second phase)

The new phase of the trial is testing a service dubbed “Tap2Pay,” involving about 250 consumers.

Results: 

The phone used in the first phase of the trial, a Nokia 6131 modified to support applications on the the SIM via the the single-wire protocol ran into some problems because of an overly "sensitive connection." The small number of internal users "had to keep the handset a certain way for a certain period of time and for a certain distance from the reader," for the transaction to register, according to a source.

 

 

* Trusted Service Manager: Defined loosely to include companies or other organizations securely distributing, provisioning and managing applications, generally over the air, on secure elements in NFC mobile phones; or licensing their platforms for this purpose.
N/A: Not available or not applicable.
Last update: July 2011

Giesecke & Devrient

Headquarters: 
Germany

German smart card supplier Giesecke & Devrient has been interested in contactless-mobile technology for years.

HEADLINE NEWS

Identiv Reports Q2 Results and ‘Disappointing’ Start to 2015; but Cites New Customer Wins

Aug 18 2015

NFC Times Exclusive Insight – U.S.-based Identiv revised its full-year revenue guidance downward during its second quarter earnings call on Thursday, but the compa

Apple’s Seat on NFC Forum Board Rounds out Representation from Three Major Device and Platform Players Rolling Out NFC

NFC Times Exclusive Insight – With the addition of U.S.-based tech giant Apple on the board of the NFC Forum industry trade and standards association, the group now counts among its members all three major device or platform players rolling out NFC payments.

Samsung Announces Dates for Payments Launch; Signs Up for Visa Tokenization Program

NFC Times Exclusive Insight – Samsung Electronics today released exact dates for when it plans to launch its mobile-payments service, Samsung Pay–Aug. 20 in South Korea and the U.S. on Sept. 28–while saying it also intends to roll out the service in the UK, Spain and China.

Besides MST Technology, Samsung Seeks to Differentiate New Payments Service from Apple Pay with More Flexible Architecture

NFC Times Exclusive – Besides touting its much larger base of acceptance points, Samsung Electronics appears to be emphasizing what it says is a more “agnostic” approach to its technology for its forthcoming Samsung Pay platform, as compared with rival Apple Pay.  

UPDATED: Losses Continue in Second Quarter for OTI as New CEO Takes Reins

Aug 11 2015

NFC Times Exclusive Insight – The new CEO of Israel-based On Track Innovations, Shlomi Cohen, is starting his tenure with the announcement by the company of declining revenue and continuing losses for the second quarter of 2015.

OTI Names New CEO, as Two Key Board Members Resign and Share Price Struggles

NFC Times Exclusive Insight – Israel-based On Track Innovations is undergoing a major change of leadership after its board of directors named a new CEO yesterday and two major players on the board abruptly resigned.

NXP Reports Sequential Drop in NFC Business; Delay in Apple Pay Launch in China Blamed

NFC Times Exclusive Insight – NXP Semiconductors reported its NFC-based mobile transactions business fell in the second quarter compared with the first quarter, with CEO Rick Clemmer apparently blaming the delayed launch of Apple Pay in China, which he indicated is hurting its sales of NFC chips to Android handset makers in the country. 

TSM Banking Group Joint Venture Accepts Bids for HCE and Tokenization

Aug 5 2015

NFC Times Exclusive – Taiwan’s TSM banking joint venture has received proposals from at least four vendors to supply a wallet platform with host-card emulation, as well as tokenization technology, as the group seeks to expand its thus far little-used TSM platform to offer its member banks the ability to launch cloud-based NFC payments by the end of 2015, NFC Times has learned.

Hong Kong Telco Launches NFC Payments Service and App; Requires Users to Change SIMs

NFC Times Exclusive Insight – Hong Kong Telecom is the latest telco to introduce its own prepaid mobile payments service and wallet app, which supports MasterCard PayPass for in-store purchases, along with online payments and a peer-to-peer funds transfer service–the latter initiated by NFC P2P mode.

UnionPay Continues Talks with Apple; China Mobile Maintains Support for NFC SIMs

NFC Times Exclusive – SHANGHAI, China: China UnionPay is continuing negotiations with Apple and some sources told NFC Times it is gearing up for a planned launch of Apple Pay in China.

Deutsche Telekom Payments Chief Departs; Telco to Revamp Struggling Wallet, Including Planned Support for HCE

NFC Times Exclusive – Deutsche Telekom has appointed a new head of payments and plans to support host-card emulation among other technologies as it seeks to revamp its struggling NFC mobile wallet, NFC Times has learned.

People on the Move: Sequent Software CEO Steps Down; Interim CEO Appointed

NFC Times Exclusive – Sequent Software, a supplier of mobile wallets, TSM and host-card emulation products, has appointed an interim CEO, replacing Robb Duffield, who stepped down earlier this month after having served as CEO for the Silicon Valley-based vendor for just under three years.