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Topic “Giesecke & Devrient Secure Flash Solutions”

Secure MicroSD Venture Led by Giesecke & Devrient Liquidates

Germany-based smart card company Giesecke & Devrient and Taiwan-based flash memory chip supplier Phison Electronics have dissolved their joint venture that had targeted the market for microSD cards to store mobile-payment applications.

MicroSD Vendor Announces Taiwanese M-Payment Trial Using HTC NFC Phones

Aug 8 2012 (All day)

Giesecke & Devrient Secure Flash Solutions has announced a trial launched last month in Taiwan by Cathay United Bank of mobile payment applications running on microSD cards in full NFC phones.

Taiwanese Bank to Launch PayPass on microSDs in HTC NFC Phone

Jun 18 2012 (All day)

Handset maker HTC and Cathay United Bank of Taiwan, among other parties, are expected to announce plans to launch an NFC mobile-payment project putting a MasterCard PayPass credit application on microSD cards that can run in a full NFC phone model from HTC.

Some Banks Continue to Look for Alternatives to SIM-based NFC

By: 
Dan Balaban

While mobile operators continue to push for the SIM card to become the de facto secure element in NFC phones, some banks and other service providers are still seeking alternatives.

Taiwan: Bank Tries Out MicroSDs in Full NFC Phones

Scope: 
Trial
Launch: 
Jun 2012
Main Application: 
Payment
Users: 
2,000

Cathay United customers are able to tap their phones to make contactles

HEADLINE NEWS

Giesecke & Devrient Reports Falling Sales, Lower Profits for 2013

Germany-based Giesecke & Devrient was no doubt glad to close the books on 2013, a year in which it saw substantial job cuts and changes in management and–as it reported Wednesday–lower sales and profitability.

Inside Secure Acquires Security Vendor Metaforic with Eye Toward Host-Card Emulation Market

France-based Inside Secure has acquired encryption and software security company Metaforic in a cash deal worth at least $11.6 million, which Inside Secure says will help equip it to offer security services for host-card emulation-based mobile payments.

China Telecom Chooses NFC SIM Vendors for Large Planned Procurement

Apr 18 2014 (All day)

China’s No. 3 mobile operator, China Telecom, has selected a list of six SIM vendors for its large planned rollout of NFC services.

Intel Buys Inside Secure’s NFC Modem Technology; Expands License of Inside's NFC Patents

Apr 2 2014 (All day)

Inside Secure is selling its next generation NFC controller technology to chip maker Intel, as well as an expanded license, for $19.2 million, though will keep most of its NFC patents and embedded chip technology.

Big French Bank Announces Nationwide Rollout of NFC-Payments Service on SIMs

Apr 4 2014 (All day)

BNP Paribas, one of France’s largest banks, today announced its long-anticipated nationwide rollout of NFC payments, making Visa-branded debit cards available to customers on SIM cards issued by France’s two largest mobile operators and a couple of smaller brands.

OTI Lowers Losses as It Continues Turnaround Efforts but Offers No Time Frame for Turning a Profit

In the first full year since a takeover ousted former CEO and co-founder Oded Bashan, Israel-based NFC and contactless company On Track Innovations showed some progress in its efforts to turn around the chronically unprofitable company, in part by focusing on sales of contactless point-of-sale terminals.

Australia’s Westpac to Launch First Project with Visa on Samsung Embedded Chips; HCE Gears Up in Market

A second of Australia’s big four banks, Westpac Banking Corp., said it will finally be ready to launch its long-planned NFC contactless payments service with Visa using embedded chips in Samsung phones by the end of April, the bank told NFC Times.

NFC SIM Volumes Projected to Show Moderate Growth in 2014, Though Impact of HCE Remains Unknown

NFC Times Exclusive: Mobile network operators will take delivery of at least two-thirds more NFC SIMs this year than in 2013, predicts operator trade association, the GSMA, though the impact of host-card emulation remains to be seen.

Identive Narrows Losses; Reports More Restructuring

U.S.-based Identive reported significant restructuring and job cuts in the fourth quarter, along with increased sales for NFC and other RFID tags–but still no profit.

NFC Forum Issues Statement Supporting HCE as Means to 'Accelerate' Market Growth

The NFC Forum has issued a statement of support for host-card emulation at its all-member meeting this week in San Francisco, calling HCE a “promising addition to the portfolio of NFC solutions that could potentially accelerate market growth.”

Tenders Due for TSM Platform Planned by Taiwanese Banking Joint Venture

NFC Times Exclusive: Tenders are due tomorrow from vendors in response to a request for proposal for Taiwan’s second planned centralized trusted service management platform–this one from Taiwanese banking groups, which formed a mobile-payments joint venture late last month.

Former Safran Morpho e-Documents No. 2 Named CEO of Contactless Vendor ASK

Former Safran Morpho e-Documents’ No. 2 man Julien Zuccarelli has been named CEO of France-based ASK, as the contactless vendor continues its turnaround and expansion efforts.