Topic “Eurosmart”

Apple, Samsung Drive Growth of NFC Secure Elements: Vendor Group

Nov 18 2015

NFC Times Exclusive Insight – PARIS: Vendor trade group Eurosmart is projecting that NFC secure element shipments will grow by 20% in 2016 to 590 million, mainly fueled by increased shipments of embedded secure elements for NFC phones.

Vendor Group Confirms 30% Growth in NFC Secure Elements in 2014; Revises 2015 Growth Rate

NFC Times Exclusive Insight – Smart card vendor association Eurosmart has confirmed its estimate that vendors shipped 350 million NFC secure elements last year, up 30% from the year before, fueled by embedded chips in Apple’s iPhones and what is probably the last significant growth spurt in NFC SIM card shipments. It predicts shipments of 550 million secure elements in 2015, up 57% from 2014, though revised downward from an earlier projection.

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

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.

HEADLINE NEWS

Samsung Pay Launches in Spain and Australia Won't Support MST for Bank Payment, but Singapore Will

Jun 15 2016

UPDATED: NFC Times Exclusive Insight – Following the launch of Samsung Pay in South Korea, the U.S., and China, Samsung’s launches of its mobile payments service in two new markets, Spain and Australia, both contactless and EMV payments hot spots, will not support the device maker's proprietary Magnetic Secure Transmission technology, which is designed to make nearly all mag-stripe POS terminals potential acceptance points, NFC Times has learned. But in Singapore, Samsung Pay is expected to support MST technology.

Seamless Turns to HCE and Proxy-Card Architecture to Boost Its Acceptance Network Worldwide

NFC Times Exclusive – Sweden-based Seamless Distribution told NFC Times it will use a proxy-card architecture, along with host card emulation, to enable NFC payments from its SEQR mobile wallet, a move the company hopes will help it greatly expand the acceptance network for its wallet.

Wells Fargo Seeks to Streamline Enrollment and Set Up of Mobile Payments with Planned HCE App

NFC Times Exclusive Insight –  Wells Fargo’s announcement this week that it plans to launch mobile payments from its own app this summer using host card emulation technology would make it the second major U.S. issuer to offer HCE-enabled service from its own Android app, following Capital One, though Wells Fargo plans to make the payments service part of its mobile-banking app.

Samsung Seeks to Fulfill Promise of Widespread Acceptance of Samsung Pay; Terminal Upgrades Will be Needed

NFC Times Exclusive – Certain point-of-sale terminals from a variety of device manufacturers aren’t yet compatible with Samsung’s proprietary Magnetic Secure Transmission technology, with Samsung Electronics’ promise of universal acceptance of Samsung Pay at card-accepting merchant locations still apparently a far-off target.

With Alipay Deal, Samsung Seeks to Outflank Apple and Other Providers of NFC-Only Wallets in China

NFC Times Exclusive Insight – In an effort to deliver on the promise of a "true mobile wallet" and, of course, boost its flagging smartphone market share in China, Samsung has struck a deal with Alibaba affiliate Ant Financial Services to enable the Alipay QR code-based payments service in China through Samsung Pay.

Barclays: No Plans to Support Android Pay or Samsung Pay; Sees Own HCE Apps as Only Android Payments Option Needed

NFC Times Exclusive Insight – Barclays has no current plans to support Google’s Android Pay service or Samsung Pay because by adding the Contactless Mobile functionality to the Barclays Mobile Banking app, the company “removed the need to do something else,” a Barclays spokeswoman confirmed to NFC Times.

OTI Takes Steps to Reach Profitability, But Remains Mum on Guidance

NFC Times Exclusive Insight – On Track Innovations CEO Shlomi Cohen sought to reassure investors that the company he took over nine months ago is more competitive and is moving toward profitability, though he declines to predict when it will turn its first yearly profit since its founding in 1990.

Apple Breaks Resistance of Big Five Banks in Canada; Debit Scheme Interac among TSPs to Tokenize Cards

NFC Times Exclusive Insight – Apple has cracked the big five banks in Canada, with two of the country’s largest banks, including Royal Bank of Canada, today announcing they are participating in Apple Pay, with the three others to follow.

Officials Seek to Welcome Apple Pay and Other ‘Pays’ to Taiwan; but Call on Visa to Create Level Playing Field for TSPs

May 6 2016

NFC Times Exclusive Insight – The issue over availability of tokenization services and whether the major global networks, such as Visa, are allowing for a level playing field among token service providers has reached Taiwanwith a former prime minister and chief banking regulator weighing in on the topic–as Taiwanese officials decide how best to expedite the arrival of such mobile payments services as Apple Pay, Samsung Pay and Android Pay.

NXP Semiconductors CEO Still Sees Transit Fare Collection as Main NFC Growth Engine in China

NFC Times Exclusive Insight – Despite providing the NFC technology for three “OEM Pays” that have launched in China or which are scheduled to do so, NXP Semiconductors CEO Richard Clemmer still says he sees transit fare collection as the main opportunity going forward for the chip maker’s NFC technology in China.

Yandex.Money Uses HCE to Enable NFC Payments in Russia

NFC Times Exclusive insight – Yandex.Money, sometimes called the “Russian PayPal,” is using host card emulation for its new NFC-enabled payments service, a Yandex.Money representative told NFC Times. PayPal earlier told NFC Times it also plans to use HCE for its app in the U.S.

Networks Continue to Dominate Tokenization as Vendors Wait for Token Service Provider Specs

May 10 2016

NFC Times Exclusive – More than two years after EMVCo released its tokenization guidelines, there are still few token service providers operating besides those of the major payments networks, and there are no specifications yet from top networks Visa and MasterCard to help vendors to tokenize cards supporting their brands.