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Topic “European Commission”

ARM, Gemalto and G&D Launch Joint Venture to Try to Capitalize on Mobile Security

ARM, Gemalto and Giesecke & Devrient today launched their joint venture, Trustonic, seeking to encourage broad deployment of technology that puts smart card-like security right on the main application processor of smartphones and other devices.

European Commission Approves Proposed ARM Joint Venture with Gemalto and G&D

European antitrust regulators have approved a planned joint venture by UK-based chip designer ARM and smart card and security companies Gemalto and Giesecke & Devrient.

EU Regulators Approve UK Telco Joint Venture; Clears Way for NFC-Based Wallet Platform

The European Commission announced today it has unconditionally approved the creation of a proposed mobile-commerce joint venture by the three largest operators in the UK, Everything Everywhere, Telefónica UK and Vodafone UK.

Doubts Raised for Proposed NFC JVs in Europe as Regulators Probe UK’s Project Oscar

Apr 17 2012 (All day)

A decision by the European Commission to launch an in-depth investigation into the proposed NFC m-commerce joint venture by the United Kingdom’s three largest mobile operators could create delays in NFC rollouts in the UK and problems in other European countries, where telcos are planning similar joint ventures.

HEADLINE NEWS

Apple Announces Bold Move into Mobile Payments Using NFC Technology

Sep 9 2014 (All day)

Apple, as predicted, is taking the NFC plunge, adopting the technology in its next iPhones and Apple Watch to enable a mobile-payments service, Apple Pay, and disclosing partnerships with the three largest U.S. payment networks, issuers representing more than 80% of U.S. credit card volume and major national merchants.

OTI Names Reader Customers; Discusses Wave Pilots; Possible iPhone Impact

NFC Times Exclusive: Ofer Tziperman, CEO of Israel-based NFC reader maker OTI, has named two of its largest reader customers in the North American market in an interview with NFC Times.

NFC Tags with I²C Interface Could Allow More Complex Device Pairing

NXP Semiconductors said its NTAG I²C tags, which combine an NFC Forum Type 2 NFC tag with an IC contact serial interface, will allow more complex device interfaces between smartphones and consumer electronics, such as home appliances, wearable devices, and health and fitness monitors

Canada’s Desjardins Expects Gradual Adoption of New SIM-Based NFC Payments; Interested in HCE

Quebec-based credit union Desjardins says that it expects gradual, or what it calls “progressive,” adoption of the SIM-based NFC mobile payments service, which it launched commercially this week, following an earlier soft launch.

Your Preview of Apple’s NFC Launch: Yes to SE, No to HCE, Tag Reading Unlikely

NFC Times Exclusive: Apple’s scheduled announcement Tuesday of its next iPhone is expected to make it the last and also the most prominent of the major smartphone makers to adopt NFC.

Isis and MCX Announce New Brands as Apple's Planned Mobile-Payments Service Looms

The telco-owned joint venture behind the Isis Wallet announced a new name for the wallet, while the merchant-led MCX consortium finally released its consumer-facing brand and a timeframe for a planned rollout, as the U.S. mobile-payments landscape heats up.

Gemalto Reports Lackluster First Half Though Notes Strong TSM Revenue Growth

Gemalto reported flat revenue and a drop in profit for the first half of 2014, though noted that sales for its TSM and NFC SIM business were strong, and its EMV card business in the U.S. was ramping up.

LG Licenses NFC Patents from Inside Despite NXP Suit Calling Patents Invalid

Aug 19 2014 (All day)

LG Electronics has signed a global licensing deal for NFC technology patents from Inside Secure, an initial win for Inside and its strategy to try to cash in on its NFC IP.

Contactless Reader and NFC Vendor OTI Reports Higher Sales

Israel-based On Track Innovations reported new orders for its NFC and contactless readers in North America, along with the first shipments of its NFC-enabled Wave attachment, driving higher revenue, though the vendor’s quarterly losses continued.

Identiv Reports Higher Revenue; NFC a Key Driver

U.S.-based Identiv reported higher revenue and narrowed losses for the second quarter, predicting a breakeven or positive result by the end of the year, as the company’s restructuring program draws to a close.

Gemalto Plans to Acquire SafeNet; Gives Vendor Network Security; Possible HCE Technology

France-based Gemalto has announced plans to acquire U.S.-based data security firm SafeNet in a cash and debt deal worth $890 million, its biggest acquisition since Gemalto was created in 2006 with the merger of what was then the two largest smart card companies, Gemplus and Axalto.

Inside Sees First-Half Revenue Fall, but Says Strategic Shift on Track

Aug 5 2014 (All day)

France-based Inside Secure reported a 9% drop in revenue in the first half, which it blamed on the end of shipments of NFC chips to BlackBerry and lower sales of “legacy” EMV chips to Europe.