Topic “Far Eastern International Bank”

Taiwan’s No. 2 Telco Launches SIM-Based NFC But Not with Its Own TSM Joint Venture

Mar 22 2016

NFC Times Exclusive Insight – TAIPEI, Taiwan: Taiwan’s second largest mobile operator, Taiwan Mobile, Tuesday launched support for credit and debit card payments on NFC SIM cards–but the telco is using an outside trusted service manager to manage its NFC SIM cards, not the TSM platform it set up with other Taiwanese telcos as part of a joint venture.

Taiwan’s Telco Joint Venture Finally Ready to Launch TSM, but is It Too Late?

NFC Times Exclusive Insight – Taiwan’s telco-led TSM joint venture, Alliance Digital Tech Co., finally says it is ready to launch its TSM platforms–nearly two years after it hired a TSM vendor to build them. But the launch may have come too late for the market.

Taiwan’s Telco TSM Joint Venture Announces Launch Plans, but Faces Market Challenges

Dec 30 2014

NFC Times Exclusive Insight: TAIPEI, Taiwan – Taiwan’s mobile operator TSM joint venture Thursday announced plans to launch NFC service in the second quarter, following a trial within the next few months–though it remains to be seen when the JV will be ready for a full-scale commercial launch.

Taiwanese NFC Payment Pilots Expected to Lead to Rollouts

Taiwan’s major mobile operators have been gearing up for their final pilots before NFC commercial launches, which are expected to begin on the island nation by early next year.

Taiwan: Telco to Launch Multiapplication NFC Trial with Help from Conglomerate Parent

Scope: 
Trial
Status: 
Planned
Est. Launch: 
Q3 2013
Main Application: 
Payment, transit fare collection, loyalty
Users: 
About 1,000

Taiwan’s No.

Taiwanese Mobile Operator To Launch Large Multiapplication NFC Trial

Far EasTone, one of Taiwan’s top three mobile operators, Monday announced plans for a large multiapplication NFC pilot among employees of its large conglomerate owner, Far Eastern Group.

HEADLINE NEWS

Australian Transit Agency to Launch Mobility-as-a-Service Trial as It Pursues Long-Term MaaS Strategy

Plans by Transport for New South Wales, Australia’s largest transit agency, to launch a trial enabling users to plan, book and pay for multimodal rides is the next step toward the agency’s long-ter

Updated: U.S. Transit Agency Seeks to Reduce–Though Not Eliminate–Cash Acceptance with New Fare-Collection System

Updated: The Spokane Transit Authority in Washington state confirmed that its new fare-collection system will include contactless open-loop payments–with a beta test planned for next October, a spokesman told NFC Times' sister publication Mobility Payments.

UK Government Seeks to Bring London-Style Contactless Fare Payments System to Other Regions

The UK government’s plan to equip 700 rail stations over the next three years to accept contactless open-loop payments is a major initiative, as it seeks to replicate the success of London’s contactless pay-as-you go fare payments system elsewhere in the country–a goal that has proved elusive in the past.

More Cities in Finland Expected to Move to Open-Loop Fare Payments

A fourth city in Finland is beginning to roll out contactless open-loop payments, with “more in the pipeline,” according to one supplier on the project, making the Nordic country one of the latest hotspots for the technology.

Moscow Metro Expands Test of ‘Virtual Troika’ in Pays Wallets, as It Continues to Develop Digital-Payments Services

Moscow Metro is recruiting more users to test its “Virtual Troika” card in two NFC wallets, those supporting Google Pay and Samsung Pay, as one of the world’s largest subway operators continues to seek more ways for its customers to pay for rides.

Ohio Transit Agency Expects Significant Revenue Loss as it Builds Equity with Fare Capping

The Central Ohio Transit Authority, or COTA, officially launched its new digital-payments service Monday, including a fare-capping feature that the agency estimates will cost it $1.8 million per year in lost fare revenue, the agency confirmed to Mobility Payments.

Special Report: Interest Grows in ‘White-Label EMV’ for Closed-Loop Transit Cards

As more transit agencies introduce open-loop fare payments, interest is starting to grow in use of white-label EMV cards that agencies can issue in place of proprietary closed-loop cards for riders who don’t have bank cards or don’t want to use them to pay fares.

Swedish Transit Agency Launches Express Mode Feature for Apple Pay, though Most Ticketing Still with Barcode-Based App

Skånetrafiken, the transit agency serving one of Sweden’s largest counties, announced today it has expanded its contactless open-loop payments service to include the Express Mode feature for Apple Pay.

Major Bus Operators in Hong Kong Now Accepting Open-Loop Payments–Adding More Competition for Octopus

Two more bus operators in Hong Kong on Saturday launched acceptance of open-loop contactless fare payments, with both also accepting QR code-based mobile ticketing–as the near ubiquitous closed-loop Octopus card continues to see more competition.

Moscow Metro Launches Full Rollout of ‘Face Pay;’ Largest Biometric Payments Service of Its Kind

Touting it as the largest rollout of biometric payments in the world, Moscow Metro launched its high-profile “Face Pay” service Friday, as expected, and predicted that 10% to 15% would regularly us

Indonesian Capital Seeks to Expand to Multimodal Fare Collection and MaaS

Indonesia’s capital Jakarta, whose metropolitan area is home to more than 30 million people, is notorious for its stifling traffic congestion. In response, the government metro and light-rail networks and now it is funding an expansion of the fare-collection system to enable more multimodal payments and to build a mobility-as-a-service platform.

Exclusive: NFC Wallets Grow as Share of Contactless Fare Payments and Not Only Because of Covid

Transit agencies that have rolled out open-loop contactless payments are seeing growing use of NFC wallets to pay fares, as Covid-wary passengers see convenience in tapping their phones or wearables to pay.