HEADLINE NEWS

OTI to Supply Contactless and NFC Readers for Gasoline Stations in North America

Published: May 21 2013

Israel-based contactless and NFC vendor On Track Innovations announced Monday it had received an order for 30,000 readers for point-of-sale terminals at retail gasoline stations in North America.

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Taxis in Major U.S. Cities to Get NFC-Enabled Video Ads

Published: May 16 2013

Riders in 5,000 taxicabs in the U.S. would be able to tap on NFC tags on video advertising screens to download apps, brand information, coupons, maps, music and videos, according to technology suppliers that have equipped the taxis for potential advertising campaigns.

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Analyst: Banks Have More to Fear from Cloud-Based Technologies Than NFC

Published: May 13 2013

Banks have much more to fear from cloud-based mobile payment than from NFC, even if mobile operators control the secure elements that hold the banks’ payment applications.

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GSMA Proposes Global Standard for NFC-Enabled Loyalty and Couponing–Using SIM Cards

Published: May 9 2013
May 10 2013 (All day)

The GSMA mobile operator trade group is proposing a global standard for how point-of-sale terminals talk to NFC-enabled mobile wallets to enable consumers to redeem coupons and rewards.

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Taiwanese Bank Gets Approval for NFC-Enabled Credit Cards; Okay for Other Banks Expected

Published: May 9 2013

Taiwanese banking regulators, as expected, have approved the first bank to issue mobile credit cards that could be downloaded over the air to SIM cards.

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UK Retailer Marks & Spencer Sees Growing Use of Contactless

Published: May 7 2013

Marks & Spencer, one of the UK’s largest retailers, announced today it had rolled out contactless payment to 644 of its UK stores and said 14% of its card transactions under £20 (US$30.97) are contactless.

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

Published: May 3 2013

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.

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German Bank and Telco Hold Small NFC Trial; Larger Launches Planned in Country This Year

Published: May 2 2013

As Germany gears up for NFC, German bank Dortmunder Volksbank along with Telefónica (O2) Germany have launched a small pilot putting a credit application onto SIM cards in Western Germany.

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Cashless Technology Company Announces Rollout of Isis SmartTap on Vending Machines

Published: May 1 2013

Vending technology company USA Technologies plans to integrate the SmartTap mobile-commerce software into all of the company’s nearly 100,000 NFC-enabled terminals on vending machines nationwide.

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

Published: Apr 30 2013

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.

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Vendor Group: NFC Secure Element Market to Grow by Two-Thirds This Year

Published: Apr 29 2013

Smart card vendor association Eurosmart has substantially increased its estimate for NFC secure element shipments for 2012–by 50% to 150 million units–and forecasts that secure element shipments will grow by another 67% in 2013 to 250 million units.

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Gemalto Reveals Some Details of MCX Deal; Vendor Will Earn Fees for Transactions

Published: Apr 25 2013

France-based smart card and security vendor Gemalto will operate the mobile-payment platform for U.S. merchant group MCX, earning a fee for every transaction, in addition to what appears to be a hosting fee it says is worth tens of millions.

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Topic “Inside Secure”

Inside Secure Confident of Android NFC Design Win, but Slump to Continue This Year

Published: Aug 9 2012

Inside Secure is confident it will be able to announce a design win for an Android NFC phone before the end of the year, according to Rémy de Tonnac, CEO of the struggling No. 2 NFC chip maker.

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Walton to Depart Inside Secure to Head Canadian Security Company

Published: Jul 27 2012

The top NFC executive at struggling chip maker Inside Secure, Charlie Walton, has left the company after seven years to become CEO of Canada-based SecureKey Technologies.

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NFC Joint Patent Program Ends; No Disruption to Licensing, Say Chip Makers

Published: Jun 22 2012

A joint NFC patent licensing program set up more than five years ago to make key NFC technology available to device makers has been discontinued.

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Giesecke & Devrient Latest to License Mifare Technology for NFC SIMs

Published: Jun 12 2012
Jun 14 2012 (All day)

Germany-based Giesecke & Devrient is the latest major smart card vendor to license Mifare technology from NXP Semiconductors, enabling G&D to put the transit fare-payment technology

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Inside Sees Fall in First Quarter Sales, Share Price

Published: Apr 23 2012

NFC and contactless chip supplier Inside Secure reported revenue fell by 12% during the first quarter to just over $34 million, with its ID and banking chip units accounting for the declines.

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Inside Gets Contract for Nokia’s First NFC Windows Phone; Microsoft to Weigh in Later

Published: Apr 12 2012
Apr 16 2012 (All day)

MONACO – Inside Secure is expected to announce as early as Friday that Nokia has selected it as NFC chip supplier for the handset maker’s first NFC-enabled Windows Phone, to be introduced in the third quarter.

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Inside Secure Seeks to Broaden Customer Base, but Pins 2012 Profit Hopes on RIM

Published: Mar 30 2012

Despite efforts to diversify its customer base for its NFC chips, France-based Inside Secure will rely on sales to BlackBerry maker Research In Motion for the bulk of its revenue in 2012 and for its goal to become profitable by the end of the year.

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Inside Raises €69 million in Initial Public Offering

Published: Feb 17 2012
Feb 20 2012 (All day)

Inside Secure today announced it has raised €69 million (US$90 million) in its initial public offering, pricing its shares at €8.30 ($10.82) apiece.

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NXP Discloses Design Wins for More than 130 NFC Handsets and Tablets

Published: Feb 10 2012

NXP Semiconductors CEO Rick Clemmer said the chip maker has notched design wins for more than 130 handsets and tablets, giving it an “Intel-like” market share for the number of devices being designed with NFC chips.

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Inside Relaunches IPO; Seeks to Branch Out Beyond BlackBerrys

Published: Feb 7 2012

France-based NFC chip supplier Inside Secure has relaunched its initial public offering, planning to raise up the €79 million (US$103.4 million), as it seeks to stay competitive in an increasingly crowded NFC market.

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