Topic “Infineon Technologies”

Samsung Pay Unpacked: Details on Samsung’s Planned Business Model, Architecture and Unannounced Banks Revealed

NFC Times Exclusive – NFC Times has learned new details about how Samsung intends to make money from its planned payments service, Samsung Pay; as well as the technology architecture the OEM will use and the identity of two unannounced banks, along with a new category of issuer that is planning to participate.

Galaxy S6 to Carry Embedded Secure Element; Samsung Splits NFC Controller Contract

Mar 2 2015

BARCELONA, Spain – NFC Times Exclusive (UPDATED): The Galaxy S6 will carry an embedded secure element, mainly to enable nonpayment applications, while supporting NFC payments with host-card emulation and storing payment tokens in a secure area on the processor, an ARM-based TrustZone, a representative of Samsung told NFC Times. The embedded secure element also could be used to store tokens outside of the U.S. 

Amid High-Profile Win with Apple, NXP Quietly Loses NFC Business for Samsung’s Galaxy Handsets

NFC Times Exclusive: While NXP Semiconductors won the coveted contract to supply NFC chips and secure elements to Apple for its new iPhone models, it has been cut out of the recent business for Samsung Galaxy handsets, including the Note 4.

Contactless Vendor ASK Launches Initial Public Offering

France-based ASK, the maker of contactless transit cards and components for electronic passports, has launched an initial public offering, seeking to raise about €25 million (US$36 million).

China Telecom to Roll Out SIM-based NFC; Merchants Bank Announces Launch of Payment on Samsung Embedded Chips

China’s NFC market continues to gather steam, with No. 3 telco, China Telecom, announcing a nationwide launch Thursday and one of China’s largest commercial financial institutions, China Merchants Bank, introducing mobile payment on embedded chips in three Samsung NFC devices.  

Inside to Support Mifare on New Embedded Chip without License; Will NXP Try to Stop It?

NFC Times Exclusive: Chip supplier Inside Secure plans to support Mifare Classic on its new embedded secure element for NFC phones and contends it does not need a license from Mifare owner NXP Semiconductors because the technology is in the public domain. A representative of NXP warned against the move.

Infineon Introduces New Embedded Secure Element, Hoping to Tap Growing Market

Germany-based Infineon Technologies today introduced a new embedded secure element, targeting the growing market for chips that handset makers are including in their NFC-enabled devices.

Inside Secure to Cut up to 20% of Its Workforce To Stem Losses

Mar 7 2013

France-based NFC chip supplier Inside Secure said it would cut up to 20% of its global workforce following the loss of more than $30 million in 2012.

BlackBerry Maker Unveils First BlackBerry 10 Devices with NFC Technology

Research In Motion has unveiled its new NFC-enabled BlackBerry 10 operating system and the first two devices running the software, along with a new corporate name.

Vendor Group Projects Nearly 100 Million Secure Elements in 2012; Forecasts Growth to Double Next Year

Apr 29 2013

PARIS, France – Smart card vendor association Eurosmart estimates the industry will have shipped nearly 100 million NFC-enabled SIM cards and embedded secure elements by the end of 2012–a figure it projects will double in 2013.

HEADLINE NEWS

Xiaomi's Mi Pay Joins Crowded ‘OEM Pay’ Market in China, as Device Maker Seeks to Slow Slide in Sales

NFC Times Exclusive Insight – Adding mobile payments capabilities to flagship smartphones appears to be a must-have feature as OEMs fight for market share in China’s hotly contested phone market.

OTI Continues to Cut Costs and Position Itself for Growth, but Won’t Project When It Will Finally Turn Profit

NFC Times Exclusive Insight – Contactless reader and NFC vendor On Track Innovations reported lower expenses and says it has positioned itself to earn more revenue from services in addition to its reader sales and possible NFC patent income–all in hopes of making the company profitable for the first time in its history. The question of when that will happen remains unanswered, however, and OTI doesn’t provide guidance.

Apple Strikes Back at Australian Banks Seeking to Bargain Collectively, Branding Them a ‘Cartel’

NFC Times Exclusive Insight – Apple has responded to a request to regulators by four major Australian banks to jointly negotiate terms for their adoption of Apple Pay and to boycott participation during the negotiations with a strongly worded letter, branding the group’s proposed action worthy of a “cartel” that would “harm consumers, lead to less competition and less innovation and set a troubling precedent.”

Visa Policy on Alternate PANs Leaves Cardholders Out in the Cold in Taiwan

NFC Times Exclusive – Fourteen banks in Taiwan launched mobile payments using host card emulation late last week or plan to do so in coming weeks, but none of the cards that the banks’ customers can load into their new Android wallet apps will sport the Visa logo–one of the two main bank card brands in Taiwan. 

Reports: ZTE Pay to Join Crowded Mobile Payments Market in China

NFC Times Exclusive Insight – Credible reports say that Chinese smartphone manufacturer ZTE plans to join the “OEM Pay” club, and that the company has signed an agreement with payments network China UnionPay to deploy an NFC-enabled mobile payments service in China.

STMicroelectronics Sees Booster Technology as Way to Become Competitive in NFC Wearables, Smartphone Markets

NFC Times Exclusive Insight – Chip maker STMicroelectronics is hoping its $77.8 million-plus acquisition of the NFC assets of Austria-based ams AG will help it accelerate its move into the Internet of Things market, especially for wearables.

Taiwan Banks to Launch Mobile Payments with HCE, but Only with Mastercard-Branded Cards, Using Local Tokenization

Aug 4 2016

NFC Times Exclusive Insight –  More than a dozen Taiwanese banks and their mobile payments joint venture along with Mastercard plan to announce Thursday the launch of mobile payments using host card emulation, with more banks to follow.

NXP Reports Growth in NFC Revenue for Second Quarter Thanks to OEM Pay, Transit Ticketing in China

NFC Times Exclusive Insight – NXP Semiconductors reported growth in its Secure Connected Devices unit, which includes its NFC chips and secure elements, as the Netherlands-based chip maker is benefitting from the rollout of mobile payments services by smartphone OEMs and renewed interest in NFC transit ticketing in China.

Analysis: Apple Pay U.S. Transactions Growing but Base ‘Very Small’; and Rivals Not Apparently Catching Up

NFC Times Exclusive Insight – Apple’s boast this week that its mobile payments service accounts for three out of four contactless payments in the U.S. says little about the number of contactless transactions it is recording stateside, but does indicate that Apple has maintained its lead over rival NFC-enabled wallets.

Swiss Competition Officials Decline to Investigate Apple Pay Antitrust Complaint for Now

NFC Times Exclusive – A few days ahead of the official launch of Apple Pay in Switzerland earlier this month, Swiss consumer protection group Konsumentenschutz SKS filed a complaint with the Swiss competition officials, contending that Apple’s policy of locking down the embedded chips in its NFC devices is “monopolistic” and is a violation of the country’s antitrust laws. The regulator, however, has declined to launch a formal investigation, deciding to continue to observe the market for now, NFC Times has learned.

Australian Banks Form Bloc to Counter Apple’s ‘Divide-and-Conquer Strategy

Aug 10 2016

NFC Times Exclusive Insight – In an unprecedented move, four major Australian banks, including three of the country’s big four financial institutions, have asked the

Mastercard’s Planned Acquisition of VocaLink Could Speed Up Commercial Launch of Zapp’s Mobile Payments Service

NFC Times Exclusive –  Mastercard’s planned acquisition of UK payments company VocaLink may offer the final boost needed for VocaLink’s Zapp unit to launch its long overdue mobile payments service, the Pay by Bank app.