Topic “Inside Secure”

Inside Secure Undertakes More Restructuring Following Dismal 2015 Results

NFC Times Exclusive Insight – Inside Secure, once a supplier of NFC controllers, is also exiting the market for NFC embedded secure elements, a product for which it never gained any traction. But the France-based vendor says it will continue to supply security for HCE payments apps.

Inside Secure Names New CEO; Seeks to Stem Losses, Falling Share Price

NFC Times Exclusive Insight – Inside Secure, an early NFC chip supplier, which has since focused on embedded security, has replaced its long-serving CEO Rémy de Tonnac with smart card industry veteran Amedeo D’Angelo, hoping to turn around chronic losses and a plunging share price.

NXP Semiconductors Sues Marvell for Alleged Patent Infringement

Netherlands-based chip maker NXP Semiconductors has filed a patent infringement suit against rival chip maker, U.S.-based Marvell Semiconductor, which claims that Marvell infringed on four of its U.S. patents in chips sold to Microsoft for its Xbox One gaming console.

LG Licenses NFC Patents from Inside Despite NXP Suit Calling Patents Invalid

Aug 19 2014

LG Electronics has signed a global licensing deal for NFC technology patents from Inside Secure, an initial win for Inside and its strategy to try to cash in on its NFC IP.

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

Aug 5 2014

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.

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.

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

Apr 2 2014

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.

Inside Secure Improves Earnings; Writes Off NFC Chip Inventory

France-based Inside Secure reported smaller operating losses for 2013, though mainly on an adjusted basis, and wrote off $3.6 million in NFC controller chips it had on hand as it continues to exit the market for the chips.

Inside Modifies Corporate Structure, as It Continues to Pull Back from NFC Controller Market

NFC Times Exclusive: Inside Secure has reorganized its business units, as it continues to refocus its strategy toward embedded security while pulling back from the NFC controller market.

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.

HEADLINE NEWS

HCE Mobile Wallet is a Must-Have, Says Polish Bank, But Usage Still Low

NFC Times Exclusive – The high penetration of contactless point-of-sale terminals and high use of contactless bank cards in Poland has spurred the launch of HCE mobile wallets by some Polish banks, but use does not appear to be taking off yet–at least if one bank’s project is any guide.

Apple Pay Launches In Hong Kong, Where Other NFC Services Have Failed to Take Off

NFC Times Exclusive Insight – Apple followed its launch of Apple Pay in France Tuesday with a launch in Hong Kong today, its ninth market globally and fourth in the Asia-Pacific region.

Apple Pay Launches in France with Few Issuers and Tokenization from Visa and Mastercard

Jul 20 2016

NFC Times Exclusive Insight – Apple Pay, as expected, has launched in France, its eighth market globally and third in Europe after the UK and Switzerland; but it launches with only one major bank in France, Groupe BPCE.

Analysis: Two NFC Wallets from Telco Joint Ventures to Close as SIM-Based NFC Takes Another Big Hit

NFC Times Exclusive Insight – Telco joint ventures on opposite sides of the globe announced within hours of each other plans to pull the plug on their respective NFC wallets, marking another big hit for the future of SIM-based NFC.

Android Pay Launches in Australia with ANZ but Not Yet with Westpac or Other Big Four Banks

NFC Times Exclusive Insight – Google has launched Android Pay in its fourth country, Australia, with one of the country’s big four banks, ANZ, but the launch was beset by delays that have kept another of the big four, Westpac, on the sidelines for now.

Analysis: Apple Sees Familiar Pattern with Apple Pay Launch in Switzerland

NFC Times Exclusive – Apple’s expansion into Switzerland late last week with its Apple Pay service followed a familiar pattern, as in many of the other new markets the tech giant has expanded its payments service in: support first comes from relatively small issuers while major banks hold out.

As Apple Pay Launch Looms, French Telcos Continue to Push SIM-Based NFC with TSM Hub

NFC Times Exclusive Insight – With the launch of Apple Pay imminent in France, telcos there are continuing to push SIM-based NFC technology, hiring a trusted service manager for their new NFC SIM “hub”–although No. 1 telco Orange will also support Apple Pay.

Taiwanese Telco Joint Venture Steers Course Away from TSM; JV President Blames Vendor Safran

Jul 11 2016

NFC Times Exclusive – Alliance Digital Technology Co., the joint venture of five Taiwanese mobile operators and transit fare-collection operator EasyCard Corp., is steering away from the TSM business, which was the reason it formed three years ago, NFC Times has learned. It will add a focus on providing mobile ID and authentication, the JV told NFC Times.

French Domestic Network to Provide Tokenization for ‘Pays’ Service; Seeks to Take on Visa and MasterCard

Jul 19 2016

NFC Times Exclusive – French banks and their bank-owned domestic payments network STET plan to launch mobile payments in the first quarter of next year with a “large smartphone vendor” using the domestic payment network’s own token service provider, STET told NFC Times.

Samsung Deal with Alipay in China Angered UnionPay; Device Maker Gears Up to Enable Transit Ticketing

NFC Times Exclusive – SHANGHAI, China: While Apple has signed up more banks and is believed to have more cards registered in China for its Apple Pay service–around 10 million, according to a source–Samsung is seeking to outflank its rival with more acceptance points and more applications for Samsung Pay, NFC Times has learned.

Analysis: Microsoft Considers NFC Wallet App a Must-Have for Flagging Smartphone Business

NFC Times Exclusive Insight – Microsoft, which has written off more than $8 billion from its failed Nokia acquisition and which is expected to fully pull the plug on its consumer smartphone hardware business, nonetheless believes a viable wallet app is a must-have to keep its Windows 10 operating system for phones viable–although its announcement this week of Microsoft Wallet is surrounded by unknowns, including exactly when the service will generally launch.

Reality Check: MasterCard Misses Big on Goal to Bring International NFC Acceptance to Japan

NFC Times Exclusive – Three years ago, in June of 2013, MasterCard announced it would “deploy a target” of 410,000 MasterCard PayPass-enabled point-of-sale terminals, to be rolled out “throughout Japan over the next three years.”