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Topic “MCX”

Gemalto CEO: It’s a ‘Race’ between Isis and MCX, Though Both to Get Head Start on M-Payments in U.S.

Oct 25 2013 (All day)

NFC Times Exclusive: France-based Gemalto today reported higher revenue in the third quarter for its mobile-payments platforms as well as increased shipments of NFC SIMs and dual-interface banking cards.

MCX Merchant Group to Enable Payments Through Individual and Core Apps

NFC Times Exclusive: The U.S. MCX merchant consortium will introduce its own mobile-commerce app, as well as making much of the same functionality available in individual apps from its members–including a proprietary mobile-payments service based on QR codes.

Barclaycard US Sees Higher Use of QR-Code M-Payment When Combined with Offers; but Commercial Plans Unclear

NFC Times Exclusive: Payment transactions increased significantly for several merchants trialing a QR-code-based mobile-payment app from Barclaycard US when the merchants added offers, though overall take-up of the bPay app has been modest, according to interviews with merchants conducted by NFC Times.

Gemalto Needs Market Momentum on Mobile Payments to Hit Ambitious Profit Goals

NFC Times Exclusive Analysis: France-based Gemalto has set an ambitious goal of doubling its operating profits by 2017, and the ramping up of trusted service management business is key to hitting that objective.

As Isis Moves to National Stage, Take-Up in Two-City Pilot Shows Much Work Lies Ahead for Telco Joint Venture

By: 
Kiona Smith-Strickland and Dan Balaban

NFC Times Exclusive: As the Isis joint venture gears up for its planned national rollout, NFC Times looks at the view on the ground in its pilot cities of Austin, Texas, and Salt Lake City, Utah, from the perspective of merchants and consumers.

Isis Announces Plans for National NFC Rollout for This Year

The Isis joint venture has announced its long-anticipated U.S. national rollout, which is to begin later this year, with the JV and its member mobile carriers–Verizon Wireless, AT&T Mobility and T-Mobile USA–deeming the NFC ecosystem and their own Isis mobile-commerce platform ready for a large-scale expansion.

U.S. Merchant Group MCX Names CEO as It Continues to Gear Up for Mobile-Wallet Launch

The MCX merchant consortium, which is gearing up to launch a mobile-wallet platform and bar-code based mobile-payment services in the U.S. has named the former head of mobile commerce for Barclaycard US as CEO, following a long search.

Google Wallet Chief Bedier Departs Company as Wallet Continues to Struggle

May 13 2013 (All day)

Google’s vice president of wallet and payments has left the company, following a difficult tenure for the former PayPal executive, who had tried to establish the Google Wallet for physical world payments and offers.

U.S. Merchant Group MCX Chooses Gemalto as Wallet Supplier

France-based Gemalto today announced it has been hired by U.S. merchant group MCX to build the group's mobile wallet, which will support payment and other mobile-commerce applications.

U.S. Merchant Group MCX to Launch with Bar-Code, Cloud Technologies; Not NFC Initially

The MCX consortium, the group of major U.S. merchants planning to roll out their own mobile wallet, will primarily use bar codes and cloud-based technologies to start off with, not NFC.

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.

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.

Taiwan Telco Group Goal of 2014 TSM Launch May be Hard to Reach; NFC SIM Footprint Also Small

Jul 24 2014 (All day)

Taiwanese mobile operators have sold a combined 4.2 million NFC-enabled phones and hope to launch their joint TSM platform by the end of the year.