Topic “Giesecke & Devrient”

Analysis: STMicroelectronics Seeks to Stay Competitive in Payments Wearables Market with Provisioning Partnership

Jan 14 2017

NFC Times Exclusive Insight Chip maker STMicroelectronics has been gearing up to make a play for the payments wearables market, an initiative punctuated by its announcement last week that it is working with Germany-based Giesecke & Devrient and payments wearables technology start-up FitPay to streamline provisioning of card credentials on its embedded chips.

Restructuring Helps G&D Turn Around Financial Results from Gloomy 2014

NFC Times Exclusive Insight – Germany-based Giesecke & Devrient turned around its financial results in 2015, including its money-losing banking and SIM card unit, thanks mainly to restructuring and higher shipments of EMV bank cards to China and the U.S., the privately held company disclosed Tuesday. 

Did Low-Cost HCE Project in Taiwan Get a Low-Cost Vendor?

NFC Times Excusive – When Taiwan’s No. 3 credit card issuer, E.Sun Commercial Bank, held a press conference with Visa Dec. 28 to announce it was the first bank on the island nation to launch HCE-based mobile payments commercially, it also presented Hewlett Packard Enterprise as its technology supplier for the project.

Provisioning Companies for Payments Wearables Say Devices Headed to Market; Tokenization Key to Achieving Scale

By: 
Dan Balaban

NFC Times Exclusive Insight – As payments companies pin their hopes on wearables becoming the next wave of portable payments devices, not surprisingly there is more hype than substance when it comes to commercial launches.

No. 3 Taiwanese Issuer Seeks to Outflank Larger Rivals with Own HCE Service; Picks Visa Over MasterCard to Sponsor Launch

Dec 29 2015

NFC Times Exclusive Insight – TAIPEI, Taiwan: Taiwan’s third largest credit card issuer, E.Sun Commercial Bank, today announced the launch of mobile payments with host card emulation, the first bank on the island nation to launch HCE commercially. NFC Times had reported the planned launch Dec. 3.

Oberthur Sales Expected to Grow This Year Following Flat 2014; Vendor Seeks Higher Profits to Reduce Debt

NFC Times Exclusive – Oberthur Technologies, the No. 2 smart card vendor globally and a major bank card and SIM supplier, had flat sales in 2014, blamed mainly on lower revenue in its telecom business unit from falling prices for lower-end SIM cards, slow sales of NFC SIMs and a hiatus in its contract to supply embedded chips to Samsung.

Gemalto CEO: TSM Revenue to Fall in 2015; Won't Pick Up Until Next Year, Likely with New Technologies

NFC Times Exclusive Insight – Gemalto CEO Olivier Piou said revenue from the vendor’s trusted service management business fell in the first quarter and would stay down for the rest of the year, while indicating Gemalto is no longer seeing many TSM tenders from telcos.

Giesecke & Devrient, Oberthur Hit by Falling Prices, SIM Sales

Apr 30 2015

NFC Times Exclusive – Falling SIM card prices among other challenges have forced such major smart card and NFC vendors as Giesecke & Devrient and Oberthur Technologies to restructure, though strong growth in shipments of EMV cards to Asia and the United States helped them record growth in overall revenue in 2014.

Under Threat, Mainstream TSMs Rebrand as ‘Credential Managers,’ Embracing Tokenization and Accepting HCE

NFC Times Exclusive – Is the TSM, as we know it, dying? Predictably, the three major global trusted service managers say no.

G&D Supplies HCE Technology for Commonwealth Bank HCE Service

May 25 2015

NFC Times Exclusive Insight – Germany-based Giesecke & Devrient confirmed it is providing the host-card emulation technology for Commonwealth Bank’s commercial HCE launch this month of Tap & Pay from the bank’s Android-based mobile-banking app.

HEADLINE NEWS

Top 10 Misses: Wallet Take-Up, Bank Recruitment, Payments Wearables Rollouts Led List of Disappointments in Past Year

Jan 5 2017

NFC Times Exclusive – The rollout of digital payments, including services using NFC technology, are undoubtedly making progress, especially compared with just a few years ago.

More Chinese Smartphone Makers Enable NFC Transit Ticketing

NFC Times Exclusive – More Chinese OEMs have launched support for NFC transit ticketing, following earlier launches by Xiaomi and Huawei, NFC Times has learned, with at least five more device makers enabling service in one to two Chinese cities, or planning to do so.

Moscow Commuter Line Supports Open-Loop Fare Collection; Promotes Payments by Apple Pay

NFC Times Exclusive Insight - All stations on Moscow’s new commuter rail line, the Moscow Central Circle, or MCC, and some Moscow Metro stations linked with the new line, accept open-loop payments, including with Apple Pay, the Russian transit authority confirmed to NFC Times, adding that the authority is looking forward to accepting a range of other NFC-enabled wallets, including Samsung Pay.

Samsung Takes Two-Speed Approach to Launches of Samsung Pay

NFC Times Exclusive – In line with its October promise, Samsung has launched its mobile payments service in two additional markets, Malaysia and Thailand, bringing the number of markets to 12, counting Puerto Rico. Still, in some of the markets where Samsung Pay has launched, the device maker adopted a different rollout strategy, which it calls “early access.”

Huawei Enables More Cities for Transit Ticketing, as OEM Pay Providers Begin to Expand NFC Fare Collection Services

Dec 22 2016

NFC Times Exclusive Insight – Huawei and NXP Semiconductors have announced that the Chinese smartphone maker has added three cities to its transit-ticketing service from its Huawei Pay wallet, as Chinese OEMs continue to lead in enabling NFC fare collection from their devices.

NFC Secure Element Shipments to Miss Vendor Forecasts; Trade Group Eurosmart Declines to Release Details

NFC Times Exclusive – NFC secure element shipments for 2016 will be lower than earlier forecasts by card and chip vendor trade association Eurosmart, although the group is not saying by how much.

How It Works: Android Pay Launches in Japan Without HCE, Backed by One Closed-Loop Payments Service

NFC Times Exclusive Insight – Google is using an embedded secure element to enable users to tap to pay in its latest Android Pay market, Japan–the first time since launching Android Pay that the search giant is not using host card emulation to enable payments.

Taiwanese Telco Launches Wallet Supporting Both NFC and QR Codes, with HCE Coming

NFC Times Exclusive Insight – Far EasTone, one of Taiwan’s three major telcos, officially launched its mobile wallet Tuesday, offering a range of services and technologies as it prepares to compete with the coming of the “Pays” wallets, including Apple Pay, which is expected to launch in Taiwan in the first quarter.

Wirecard Sees Insuring In-Store Purchases as ‘Innovative’ Feature for Boon Payments App, but Will It Help App Stand Out in the Crowd?

Dec 19 2016

NFC Times Exclusive Insight – Germany-based white-label payments software and prepaid payments services provider Wirecard hopes to make its mobile payments app boon more attractive to German users by giving them the option of insuring their in-store purchases.

Apple Pay Chief: Ensuring Consistent User Experience Prompted Apple to Lock NFC Chip, Shun QR Codes

NFC Times Exclusive Insight – In case anyone is still wondering, Apple didn’t launch Apple Pay for the transaction fees it earns from banks, even if the iPhone maker still doesn’t publicly acknowledge it charges the fees to begin with.

Sony Pay? Sony Mobile Unlikely to Join ‘OEM Pay’ Club; Looking Instead to Local Deals to Enable Mobile Payments

NFC Times Exclusive – Sony Mobile has no plans to introduce its own payments service, choosing instead to work with local mobile payments service providers market by market, NFC Times has learned.

Scotiabank Updates Mobile Payments Service to HCE and Plans American Express and Mastercard Support for New Year

NFC Times Exclusive Insight – By switching from NFC SIM-based to host card emulation mobile payments service at the end of November, one of Canada's top five banks, Scotiabank, is hoping to “build adoption” at a “higher magnitude” for its My Mobile Wallet service, a bank spokeswoman told NFC Times.