Topic “HCE”

Analysis: Google Buys Home Screen Space with Softcard Acquisition, While SIM-based NFC Takes Another Hit

NFC Times Exclusive Analysis – Google purchased Softcard for one reason, really, to get its Google Wallet app preinstalled on Android phones sold by the Softcard mobile carriers.

MasterCard Europe Touts Growth of Contactless in Europe and Promotes HCE for Mobile Payments

NFC Times Exclusive Insight – Contactless payments in Europe, almost exclusively from cards, increased by more than 170% in the fourth quarter of 2014, MasterCard Europe has announced, and the payment network cited NFC payments projects in Europe as a positive sign, while promoting the prospect for host-card emulation-based launches.

Mozido Founder: Interest in HCE Running ‘9-to-1’ Over Secure Elements

Feb 12 2015

NFC Times Exclusive –U.S.-based white-label mobile payments and commerce vendor Mozido told NFC Times it is seeing significant interest in host-card emulation among prospective customers, though did not release any details on service providers considering the technology.

Mozido Invests $2.5 million in HCE Vendor SimplyTapp, Adding to its TSM and Wallet Technology

Feb 6 2015

NFC Times Exclusive Insight – U.S.-based Mozido, a supplier of cloud-based, white-label mobile payments and commerce products, upped its stake in NFC technology, making a $2.5 million investment in host-card emulation start-up SimplyTapp.

Large Russian Bank, Like Other Issuers, Finding HCE Not So Easy to Roll Out

NFC Times Exclusive – Last May, when the venture capital arm of Russia’s largest bank, Sberbank, and vendor Sequent Software publicized plans for launching NFC mobile payments with both embedded chips and host-card emulation, the publically stated plan was for short pilots leading to launches before the end of the year.

Wirecard Has Much to Prove with Prototype HCE Wristband, but ‘Smart Band’ Wearable a Market First

NFC Times Exclusive Insight – Germany-based white-label payments software and prepaid payments services provider Wirecard is not taking sides in the debate between SIM-based mobile payments and HCE, despite its recent launch of the first wearable device to support HCE, executive vice president Joern Leogrande told NFC Times.

Bank Card Group BKM Throws Support Behind HCE, as Turkey Continues to Move Away from SIM-Based NFC

Jan 23 2015

NFC Times Exclusive Insight – Turkish payment card organization and network BKM has chosen HCE payments over the SIM-based service it had launched previously, with a representative telling NFC Times that the banking group believes HCE will be simpler to deploy and more popular with consumers than SIM-based services, which have seen low consumer take-up in the country.

Poland Seen as Testing Ground for HCE, Though Timetable for Commercial Launches Uncertain

NFC Times Exclusive Insight – With its high penetration of contactless POS terminals and strong use of contactless cards, payment networks, banks and telcos have seen Poland as a t

Top 10 Misses for NFC in 2014; Project Backers Look to Recover Momentum in 2015

Jan 7 2015

NFC Times Exclusive – While the NFC industry saw a breakthrough in 2014 with the launch of Apple Pay, the year also was marked by a number of disappointments and missed opportunities.

RBC: HCE Pilot to Lead to 2015 Commercial Launch; But Bank Says it Will Keep Hybrid Payments Service

NFC Times Exclusive – The Royal Bank of Canada plans a commercial launch of host-card emulation in 2015 following a small employee pilot of HCE payments, but declined to specify a date, head of payments innovation Jeremy Bornstein told NFC times in an interview.

HEADLINE NEWS

Japanese Megabank Mizuho Plans to Launch New Digital Currency Soon for Mobile Payments Service

NFC TIMES Exclusive Insight – Japanese megabank Mizuho will reportedly move forward with its planned launch of a new digital currency to enable QR code-based mobile payments in stores and for funds transfers–with plans to cut the fees merchants will pay to accept the new payments scheme, as compared with credit cards.

More QR Code Payments Services Planned for Japan, Home of Original Contactless-Mobile Rollouts

NFC TIMES Exclusive Insight – Japan, the first market globally to adopt contactless-mobile payments, in 2004, with a technology similar to NFC, will see its two largest convenience store chains introduce their own mobile payments services this year–both using bar codes or QR codes instead of NFC.

Analysis: Commonwealth Bank’s Agreement to Support Apple Pay Could Mark Turning Point for Apple’s Bank Recruitment Efforts

NFC TIMES Exclusive Insight – With its capitulation last week to Apple and agreement to participate in the tech giant’s payments service, Australia’s largest financial institution, Commonwealth Bank–which had once vowed not to support Apple Pay–shows that Apple is making headway with major banks that had once resisted supporting the NFC wallet.

Major Bus Company Stagecoach Finishes Contactless Rollout as UK Moves Toward Transit Ticketing Interoperability

NFC TIMES Exclusive Insight – The UK’s largest bus operator has announced that it has completed its rollout of open-loop payments acceptance on 7,400 buses in the country, declaring itself the “single largest contactless transit merchant in Europe outside London.”

In-Depth: Australian Transit Authority Rolls Out Open-Loop Payments After Lengthy Trial

NFC TIMES Exclusive Insight – Transport for New South Wales, Australia–the transit authority that oversees trains, buses and ferries in and around Sydney–decided to roll out its open-loop payments service to all train services following an extensive trial.

Canadian Transit Authority Introduces Low-End Wearable for Closed-Loop Payments

NFC TIMES Exclusive Insight – When Vancouver-area transit authority TransLink introduced open-loop fare payments last May, it was clear that the agency was not planning to phase out its closed-loop Compass Card anytime soon.

In-Depth: Swedish Hybrid Watch Brand Kronaby to Launch Payments Wearables with Innovative Provisioning System

NFC TIMES Exclusive – In one of the first implementations of its kind, Sweden-based hybrid smartwatch brand Kronaby plans to enable personalization of tokenized payment cards over the air using a Bluetooth connection to what is essentially a passive contactless chip in its watches.

Analysis: Apple Again Touts Apple Pay Growth, While Still Not Releasing Details on Transactions

NFC TIMES Exclusive Insight – Apple again reported a tripling of transactions for its payments service, Apple Pay, during its fiscal quarter ending in September, while noting other achievements. But the growth is believed to be off of a relatively low base, and four years after launching the payments service, Apple is still not releasing detailed numbers about its transactions.

In-Depth: Chinese Payments Players Accelerate Rollouts of Transit Fare Payments

NFC TIMES Exclusive Insight – While mobile payments are rolling out slowly at metro gates and aboard buses in the West, Chinese mobile payments players are accelerating deployments of their services that enable consumers to tap–or more likely scan–to ride.

Major U.S. Networks Promote Online Commerce Spec, Seeking to Keep Digital Transactions on Their Networks, but Not All Merchants are On Board

NFC TIMES Exclusive Insight – Major U.S.-based global networks, including Visa, Mastercard and American Express–hoping to keep transactions on their networks as more commerce goes online and digital–amplified their push for the Secure Remote Commerce specification, which is being drafted by their jointly owned payments specifications group, EMVCo.

Major UK Bus Operators Complete Contactless Rollouts, With More to Come

NFC TIMES Exclusive – At least 13,000 buses in the UK outside of London now accept open-loop contactless payments, and more rollouts are underway as part of a plan by UK bus operators to roll out contactless on all 32,000 buses operating in the UK outside of the capital, NFC Times has learned.

Transport for London Proposes Extending Licensing Deal with Cubic for Open Payments Technology

NFC TIMES Exclusive Insight – London transit authority Transport for London is proposing to extend an agreement with U.S.-based fare collection system vendor Cubic Transportation Systems to license the authority’s technology used in its pioneering contactless open-loop payments system.