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Topic “Identive”

Restructuring Expected to Continue Through 2014 for Identive

U.S.-based Identive Group, a supplier of NFC tags and ID equipment, reported continued business divestitures and hinted at the possibility of more job cuts, in reporting its first quarter earnings.

Financial Review: Publicly Traded NFC Vendors Show Mixed Results for 2013

NFC Times Exclusive: All publicly traded vendors across the NFC ecosystem have filed their year-end earnings reports, and the results show a mixed bag of promising sales for contactless and EMV technology, continued restructuring and expected challenges ahead with the advent of host-card emulation.

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.

Identive to Sell NFC Tagtrail Platform; Insists NFC Tags Remain Core to Its Business

Identive will sell its Tagtrail platform for tag campaign management, but the company says NFC tags remain a core part of its business.

Losses Continue for Identive in Q3, Though NFC a Bright Spot

Nov 14 2013 (All day)

Identive Group showed higher revenue in the third quarter, thanks to a jump in NFC and RFID sales, but took a large impairment charge and will sell some “noncore assets,” as its share price continues to hover around historic lows.

Ashour Steps Down as Identive CEO; Company to Focus on Cloud-Based ID, but NFC Support Continues

Sep 9 2013 (All day)

The board of U.S.-based Identive Group has replaced its CEO, signaling a new direction for the ID, reader and NFC tag supplier toward more authentication services and cloud-based technologies, especially targeting mobile devices. The vendor said it would support NFC for the authentication products or services as well as continued support for tags.

Identive Raises $7 million in Stock Placement; Seeks to Expand Tags, Bolster Balance Sheet

Identive Group’s losses narrowed in the second quarter, and the company recorded strong growth in sales of NFC tags, including tags for interactive toys for video games.

Tag Marketing Platforms Gain Momentum as More NFC-Enabled Smartphones Roll Out

By: 
Kiona Smith-Strickland

As NFC-enabled mobile devices reach the market in larger numbers, announcements of commercial-grade NFC-enabled advertising campaigns have also increased, demonstrating that the market for NFC-enabled marketing is beginning to materialize.

NFC Tag Shipments Continue to Grow Though Profits Remain Elusive for Identive

U.S.-based Identive Group reported an 81% year-over-year growth in transponder sales but a loss for the quarter overall, in preliminary second quarter results the vendor released Friday.

Identive Reports Growing NFC Business; Blames Flat Sales, Losses, on U.S. Budget Cuts

U.S.-based Identive Group reported growing NFC and smart card reader business, but fell back into the red during for the first quarter, a loss it largely blamed on U.S. federal government budget cuts.

HEADLINE NEWS

Contactless Reader and NFC Vendor OTI Reports Higher Sales

Israel-based On Track Innovations reported new orders for its NFC and contactless readers in North America, along with the first shipments of its NFC-enabled Wave attachment, driving higher revenue, though the vendor’s quarterly losses continued.

Identiv Reports Higher Revenue; NFC a Key Driver

U.S.-based Identiv reported higher revenue and narrowed losses for the second quarter, predicting a breakeven or positive result by the end of the year, as the company’s restructuring program draws to a close.

Inside Sees First-Half Revenue Fall, but Says Strategic Shift on Track

Aug 5 2014 (All day)

France-based Inside Secure reported a 9% drop in revenue in the first half, which it blamed on the end of shipments of NFC chips to BlackBerry and lower sales of “legacy” EMV chips to Europe.

Westpac NZ Product Chief: HCE Offers Bank More Simplicity, Control

Aug 1 2014

NFC Times Exclusive: Westpac New Zealand’s product chief told NFC Times he believes host-card emulation will reduce costs and increase flexibility, while ensuring the bank can use its own branded wallet.

With HCE Threat Looming, Telcos and Their Trade Group Seek to Cut Cost and Complexity of SIM-Based NFC

NFC Times Exclusive: With interest in host-card emulation continuing to grow and SIM-based NFC rollouts in need of a boost, mobile operators and their global trade association, GSMA, are pushing for significant cuts in the cost and complexity of TSMs and lowering other hurdles that have discouraged service providers from provisioning their applications on SIM cards.

Broadcom Discusses Connectivity Chip Wins but Makes No Mention of NFC Following Q2 Results

U.S.-based Broadcom did not mention NFC in its recent conference call with analysts following release of its second quarter results, in which it announced cuts to its global workforce of 20% by exiting the baseband mobile processor business.

People on the Move: Group of Visa Vets Form Start-Up, Tapping NFC and BLE Technologies

A group of former top managers in Visa’s mobile program have formed a start-up that plans to use NFC and BLE to deliver coupons, rewards and other offers to consumers in stores, using the branded apps of retailers or other marketers.

Visa Offers New Details of Planned Tokenization Service

Visa Inc. has released a few more details of its planned tokenization service, which it announced last week as part of its Visa Digital Solutions “suite of offerings.”

Transport for London to Accept Bank Cards, NFC Phones on Underground, Other Transit Modes

Transport for London today announced it would launch acceptance for open-loop bank cards and other contactless payment on its heavily traveled London Underground and other modes of transit in September, while the UK’s largest mobile operator, EE, announced customers could begin to tap their NFC phones to pay fares at the same time.

Visa Announces Plans to Introduce Token Service as Part of Mobile Revamp

Jul 25 2014 (All day)

Visa Inc. announced Thursday it would launch a tokenization service in September, as part of what it calls its Visa Digital Solutions “suite of offerings.”

NXP Reports Higher NFC Sales, Offers No Hints on NFC-Enabled iPhone

Jul 30 2014 (All day)

NXP Semiconductors said sales in its emerging ID business–mainly made up of its NFC chips–increased by 22% in the second quarter, compared with the first quarter, and CEO Richard Clemmer insisted the chip maker’s secure element business would continue to remain a strong contributor.

Westpac New Zealand Launches HCE Trial, Snubbing Country's Planned TSM Platform

Westpac New Zealand has announced a small trial of host-card emulation-based payments, with plans to introduce the technology to customers early next year.