Topic “Eurosmart”

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.

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

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.

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.

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

NFC Times Exclusive: SIM vendors shipped just over 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 2013, according to figures and forecasts obtained by NFC Times.

HEADLINE NEWS

NXP Continues to Promote ‘Loader Service’ Targeting Wearables Market, Seeking to Sell More Embedded Chips

NFC TIMES Exclusive Insight – In addition to the NFC secure elements that NXP Semiconductors is providing to wearables maker Garmin for its vívoactive 3 and forthcoming Forerunner 645 smartwatches supporting Garmin Pay, NXP is also supplying its “Loader Service,” a technology that the chip maker has been pushing for more than three years.

Popular Messaging App Most-Used Mobile Payments Service in Taiwan: Survey

NFC TIMES Exclusive Insight – There’s more evidence that social media and messaging apps are proving to be valuable platforms for promoting mobile payments, at least in Asia.

Can Cryptocurrency Work at the Point of Sale? Some Vendors Want to Try

NFC TIMES Exclusive – As cryptocurrencies gain momentum online, some payments vendors and even a handful of national banks are making the first moves toward bringing those currencies into the world of brick-and-mortar retail with mobile payments, but it will likely be some time before those efforts gain a significant foothold in the market.

More U.S. Transit Authorities Plan to Accept Open-Loop Payments, but Some Cities are Opting Out

NFC TIMES Exclusive – Interest continues among a number of transit authorities globally to move toward acceptance of contactless bank cards and NFC phones for fares, but rollouts have been happening in fits and starts in such countries as the U.S., where some cities there are deciding against accepting open-loop payments.

Could China Lead Way in Using QR Codes for Mobile Transit Ticketing Instead of NFC? Shanghai Metro Could Provide Answer

NFC TIMES Exclusive Insight – While the rollout hasn’t gone quite as smoothly as planned, the Shanghai Metro’s launch of a large trial of QR code-based payments could mark a turning point for use of the technology for transit fare collection.

Amazon Launches No-Register Concept Store but Stays Mum on Expansion Plans

NFC TIMES Exclusive Insight – Amazon opened its no-register-no-checkout Amazon Go store to the public today near its headquarters in Seattle–but those expecting a general rollout of the technology or expansion to the supermarket chain, Whole Foods Market, that the e-commerce giant bought last year will have to wait much longer.

As Luster Fades on Mobile Wallets, Start-Ups Seek to Enable Digital Payments with Physical Cards

Jan 20 2018

NFC TIMES Exclusive Insight – While UK consumers are taking to contactless payments, they appear to have no intention of replacing their physical cards with mobile wallets, says UK-based digital payments start-up Curve.

Japan’s NTT DoCoMo, First Major Backer of Contactless-Mobile Payments, to Launch QR Code-Based Payments

NFC TIMES Exclusive Insight – Japan’s largest mobile operator, NTT DoCoMo, the world’s first major backer of contactless-mobile payments–using a forerunner to NFC technology–is planning to launch a separate QR code-based payments service this spring.

Dutch Banks Expand into Payments Wearables, HCE Wallets

NFC TIMES Exclusive Insight – Dutch bank ABN Amro plans to put its Mastercard-branded debit cards onto passive wearable devices, such as rings, bracelets and an analog watch from a major watchmaker, after the devices are in the hands of consumers.

Garmin Unveils Second High-End Smartwatch, Forerunner 645, Supporting Garmin Pay

Jan 10 2018

NFC TIMES Exclusive Insight – Wearables maker Garmin has unveiled its second major smartwatch supporting its Garmin Pay service, the Forerunner 645, a high-end device that follows the Vívoactive 3 in enabling users to tap to pay.  

Google Adopts New Payments Brand, but No New Strategy Announced to Catch Up to Apple Pay

NFC TIMES Exclusive Insight – Google's latest rebranding move for payments is certainly not its first, and involves no new products.

Payments Wearables in 2017: Market Makes Progress but Continues to Move Slowly

Dec 20 2017

NFC TIMES Exclusive Insight – While major smartwatch makers are enabling payments from their high-end devices, and there might be an announcement of another major wearables maker supporting payments at next month’s CES trade event, progress is slow for the technology to move to the range of lower-end smartwatches, fitness bands and such passive devices as rings, fobs and bracelets.