Topic “Joint ventures”

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.

Taiwanese Regulators Approve NFC Joint Venture, but with Conditions

Jan 29 2013

Taiwan’s Fair Trade Commission has approved a joint venture among Taiwan’s five mobile operators and its major contactless payments service provider, EasyCard Corp., to build an NFC payments platform, but with conditions.

ARM, Gemalto and G&D Launch Joint Venture to Try to Capitalize on Mobile Security

ARM, Gemalto and Giesecke & Devrient today launched their joint venture, Trustonic, seeking to encourage broad deployment of technology that puts smart card-like security right on the main application processor of smartphones and other devices.

EU Regulators Approve UK Telco Joint Venture; Clears Way for NFC-Based Wallet Platform

The European Commission announced today it has unconditionally approved the creation of a proposed mobile-commerce joint venture by the three largest operators in the UK, Everything Everywhere, Telefónica UK and Vodafone UK.

Dutch Telcos and Banks Drop Plans for NFC Joint Venture

Jul 20 2012

Dutch mobile operators and banks have decided not to form a joint venture to roll out NFC services together, saying “developments in the market” were responsible for ending the deal that was nearly three years in the making.

Doubts Raised for Proposed NFC JVs in Europe as Regulators Probe UK’s Project Oscar

Apr 17 2012

A decision by the European Commission to launch an in-depth investigation into the proposed NFC m-commerce joint venture by the United Kingdom’s three largest mobile operators could create delays in NFC rollouts in the UK and problems in other European countries, where telcos are planning similar joint ventures.

New Zealand Telcos and Bank-Owned Processor Plan NFC Joint Venture

Apr 3 2012

New Zealand’s three mobile operators and its bank-owned payments processor have announced plans to form a joint venture to launch a centralized trusted service manager for the rollout of NFC services.

HEADLINE NEWS

Mastercard Backs Open-Loop Transit Payments in Taiwan’s No. 2 City

NFC TIMES Exclusive Insight – Kaohsiung, Taiwan’s second-largest city, plans to enable riders to enter subway gates by tapping contactless EMV credit cards and NFC wallets by the end of the year, working with Mastercard.

Traditional Watchmaker Fossil Adds NFC Payments, Heart Monitor to Smartwatch Line, as It Seeks to Reverse Earnings Slump

NFC TIMES Exclusive Insight – Struggling U.S.-based watchmaker Fossil has introduced NFC for the first time, in its Q line of smartwatches, hoping the support for Google Pay and other smartwatch applications will help the mainly traditional watchmaker to stay competitive as more consumers turn away from traditional watches.

Analysis: Apple Touts Growth, as It Releases First Global Transaction Figure for Apple Pay; but Service Continues to Face Challenges

NFC TIMES Exclusive Insight – Apple released the number of global transactions for its Apple Pay service–believed to be the first time it has done so–as the tech giant touted a tripling of transactions to more than 1 billion for the latest quarter. Apple also disclosed plans by two more large U.S. retailers to accept contactless payments and announced that another major country, Germany, would support Apple Pay, later this year.

Japan’s SoftBank Group Plans Digital Payments Service; Can It Convince Consumers to Part with Their Cash?

NFC TIMES Exclusive Insight –  SoftBank Group’s reported plans to launch a mobile digital payments service in Japan by year’s end–collaborating with Indian mobile payments provider Paytm–is an attempt by SoftBank Group founder Masayoshi Son to do what other large companies have tried and failed to do: wean Japanese consumers off of cash.

Garmin Unveils New Smartwatch Series Supporting Garmin Pay

NFC TIMES Exclusive Insight – U.S.-based wearables maker Garmin has introduced a fourth smartwatch to its lineup of devices supporting its NFC-enabled payments service, Garmin Pay, the high-end D2 Delta watch series targeted at aviators or aviator wannabes.

Hong Kong Subway Operator and Majority Owner of Octopus Pursues QR Code-Based Transit Payments

NFC TIMES EXCLUSIVE Insight – Hong Kong’s MTR Corp., which runs the city’s subway system, next month will accept tenders from technology and payments providers for a QR code-based fare collection service that will serve as an alternative to its much-used contactless Octopus card.

Open-Loop Payments Connected with Campus ID Cards Not to be Included in Apple Wallet

NFC TIMES Exclusive – NFC-based student ID cards provisioned to Apple Wallet beginning this fall won’t include the open-loop debit payments that are often part of plastic student ID cards, NFC Times has learned.

Milan Launches Support for Open-Loop Transit Payments; Other Cities Move Toward Accepting EMV Payments

NFC TIMES Exclusive Insight – Milan is the latest city to enable collection of fares by contactless bank cards and NFC phones, with public transport company Azienda Trasporti Milanesi, or ATM, rolling out the service to more than 100 stations on its metro system. The company plans to expand the open-loop payment service to buses and other surface transport modes it manages.

Google Launches First Major Pays Wallet in Germany, but Growth Prospects Appear Dim

Jun 27 2018

NFC TIMES Exclusive Insight – Google Pay launched today in Germany, making Google the first of the major backers of a Pays mobile wallet to launch service in the country. Yet, prospects for Google and any of the other international Pays that decide to launch in Europe’s largest economy are not promising.

UnionPay Pushes Open-Loop Transit Payments, as It Seeks to Stay Competitive with Alipay and WeChat Pay

NFC TIMES Exclusive – China’s major bank card network China UnionPay is badly losing the battle for mobile payments market share against Ant Financial and Tencent Holdings, and now the two Internet giants have turned their attention to enabling mobile transit ticketing across the country.

Taiwan’s EasyCard Gives Stark Example of Problems Some Major Transit and E-Money Payments Providers Face in Enabling Mobile Payments

NFC TIMES Exclusive – HANOI, Vietnam: For several years, EasyCard Corp. of Taiwan has been seeking to enable its popular transit fare collection and retail e-money service for mobile and other digital payments, but it has hit several roadblocks along the way.

Launch of Apple Pay in Japan Boosts User Numbers for Mobile Suica, but Most Transactions Still Use Cards

Jun 9 2018

NFC TIMES Exclusive – HANOI, Vietnam: Since Apple Pay launched in Japan in the fall of 2016, the number of users for the Mobile Suica transit and retail payments application has grown by 50%, although the vast majority of transactions for Suica are still conducted with cards.