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Topic “Eurosmart”

EMV Card and Terminal Rollouts Up Globally, Slowly Increasing in U.S.

EMV bank card shipments, including dual-interface cards that support contactless payments, are increasing globally, but the future of the contactless infrastructure in the U.S. remains to be seen.

Vendor Group Confirms Strong Growth in Secure Elements and Contactless in 2013, but 2014 SE Forecast Likely in Flux

Vendor association Eurosmart has confirmed its estimate of 250 million secure elements shipped in 2013, up from 150 million units in 2012, and reported strong growth for contactless EMV cards; but it's not clear whether the group will stick with its projection made last November of 435 million secure elements for this year.

Vendor Group Projects Secure Element Shipments Will Grow by More Than 60% in 2014

Smart card vendor association Eurosmart today confirmed its earlier projection that industry suppliers would ship at least 250 million secure elements for NFC devices in 2013, and predicted shipments would grow by 64% next year to 435 million units.

NFC SIM Shipments Hit 30 Million in H1–Matching Full-Year 2012, as Isis Gears Up; 80 million Projected This Year

NFC Times Exclusive: SIM vendors shipped a little more than 31 million NFC SIM cards to mobile operators during the first half of 2013–equaling the number of NFC SIMs during all of 2012–and shipments are projected to hit 80 million for all of 2013, according to figures and forecasts obtained by NFC Times.

Analyst: Banks Have More to Fear from Cloud-Based Technologies Than NFC

Banks have much more to fear from cloud-based mobile payment than from NFC, even if mobile operators control the secure elements that hold the banks’ payment applications.

Infineon Introduces New Embedded Secure Element, Hoping to Tap Growing Market

Germany-based Infineon Technologies today introduced a new embedded secure element, targeting the growing market for chips that handset makers are including in their NFC-enabled devices.

Vendor Group: NFC Secure Element Market to Grow by Two-Thirds This Year

Smart card vendor association Eurosmart has substantially increased its estimate for NFC secure element shipments for 2012–by 50% to 150 million units–and forecasts that secure element shipments will grow by another 67% in 2013 to 250 million units.

Vendor Group Projects Nearly 100 Million Secure Elements in 2012; Forecasts Growth to Double Next Year

Apr 29 2013 (All day)

PARIS, France – Smart card vendor association Eurosmart estimates the industry will have shipped nearly 100 million NFC-enabled SIM cards and embedded secure elements by the end of 2012–a figure it projects will double in 2013.

Vendor Group Forecasts Up to 120 Million NFC Secure Elements for 2012

Smart card association Eurosmart forecasts that vendors will ship 80 million to 120 million secure elements in 2012, as chip and card vendors begin their first significant shipments of NFC-enabled SIMs and embedded secure elements for NFC phones.

Contactless Bank Cards Forecasted To Continue Strong Growth in 2011

Jan 6 2011 (All day)

Shipments of contactless bank payment cards will grow by almost 30% in 2011, following a nearly 50% jump in 2010, as the U.S. market recovers and banks in Europe and Asia ship more dual-interface cards, according to vendor group Eurosmart.

HEADLINE NEWS

Spain’s Bankinter Launches HCE Commercially

Spanish bank Bankinter has launched its long-anticipated mobile-payments service based on host-card emulation, after being one of the first banks to propose an HCE-enabled service.

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.