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

Apple Strikes Back at Australian Banks Seeking to Bargain Collectively, Branding Them a ‘Cartel’

NFC Times Exclusive Insight – Apple has responded to a request to regulators by four major Australian banks to jointly negotiate terms for their adoption of Apple Pay and to boycott participation during the negotiations with a strongly worded letter, branding the group’s proposed action worthy of a “cartel” that would “harm consumers, lead to less competition and less innovation and set a troubling precedent.”

Reports: ZTE Pay to Join Crowded Mobile Payments Market in China

NFC Times Exclusive Insight – Credible reports say that Chinese smartphone manufacturer ZTE plans to join the “OEM Pay” club, and that the company has signed an agreement with payments network China UnionPay to deploy an NFC-enabled mobile payments service in China.

STMicroelectronics Sees Booster Technology as Way to Become Competitive in NFC Wearables, Smartphone Markets

NFC Times Exclusive Insight – Chip maker STMicroelectronics is hoping its $77.8 million-plus acquisition of the NFC assets of Austria-based ams AG will help it accelerate its move into the Internet of Things market, especially for wearables.

Taiwan Banks to Launch Mobile Payments with HCE, but Only with Mastercard-Branded Cards, Using Local Tokenization

Aug 4 2016

NFC Times Exclusive Insight –  More than a dozen Taiwanese banks and their mobile payments joint venture along with Mastercard plan to announce Thursday the launch of mobile payments using host card emulation, with more banks to follow.

NXP Reports Growth in NFC Revenue for Second Quarter Thanks to OEM Pay, Transit Ticketing in China

NFC Times Exclusive Insight – NXP Semiconductors reported growth in its Secure Connected Devices unit, which includes its NFC chips and secure elements, as the Netherlands-based chip maker is benefitting from the rollout of mobile payments services by smartphone OEMs and renewed interest in NFC transit ticketing in China.

Analysis: Apple Pay U.S. Transactions Growing but Base ‘Very Small’; and Rivals Not Apparently Catching Up

NFC Times Exclusive Insight – Apple’s boast this week that its mobile payments service accounts for three out of four contactless payments in the U.S. says little about the number of contactless transactions it is recording stateside, but does indicate that Apple has maintained its lead over rival NFC-enabled wallets.

Swiss Competition Officials Decline to Investigate Apple Pay Antitrust Complaint for Now

NFC Times Exclusive – A few days ahead of the official launch of Apple Pay in Switzerland earlier this month, Swiss consumer protection group Konsumentenschutz SKS filed a complaint with the Swiss competition officials, contending that Apple’s policy of locking down the embedded chips in its NFC devices is “monopolistic” and is a violation of the country’s antitrust laws. The regulator, however, has declined to launch a formal investigation, deciding to continue to observe the market for now, NFC Times has learned.

Australian Banks Form Bloc to Counter Apple’s ‘Divide-and-Conquer Strategy

Aug 10 2016

NFC Times Exclusive Insight – In an unprecedented move, four major Australian banks, including three of the country’s big four financial institutions, have asked the

Mastercard’s Planned Acquisition of VocaLink Could Speed Up Commercial Launch of Zapp’s Mobile Payments Service

NFC Times Exclusive –  Mastercard’s planned acquisition of UK payments company VocaLink may offer the final boost needed for VocaLink’s Zapp unit to launch its long overdue mobile payments service, the Pay by Bank app.

HCE Mobile Wallet is a Must-Have, Says Polish Bank, But Usage Still Low

NFC Times Exclusive – The high penetration of contactless point-of-sale terminals and high use of contactless bank cards in Poland has spurred the launch of HCE mobile wallets by some Polish banks, but use does not appear to be taking off yet–at least if one bank’s project is any guide.

Apple Pay Launches In Hong Kong, Where Other NFC Services Have Failed to Take Off

NFC Times Exclusive Insight – Apple followed its launch of Apple Pay in France Tuesday with a launch in Hong Kong today, its ninth market globally and fourth in the Asia-Pacific region.

Apple Pay Launches in France with Few Issuers and Tokenization from Visa and Mastercard

Jul 20 2016

NFC Times Exclusive Insight – Apple Pay, as expected, has launched in France, its eighth market globally and third in Europe after the UK and Switzerland; but it launches with only one major bank in France, Groupe BPCE.