Topic “NFC tags”

Identiv Reports Drop in Q1 Sales and Full-Year Guidance; but Says Demand for NFC Tags for IoT Up

NFC Times Exclusive Insight – Identiv reported lower-than-expected revenue for its first quarter and continued losses, though CEO Jason Hart said the company is se

Longer-Range NFC Tags Could Bring in More Applications but Also More Privacy and Security Concerns

By: 
Kiona Smith-Strickland

NFC Times Exclusive – As the NFC Forum develops its tag Type 5 specification based on the ISO/IEC 15693 protocol, industry sources say that NFC tags using the longer-range protocol could see demand in medical, industrial, and supply chain applications, and most handsets and readers on the market can currently read the tags, although there are still concerns about interoperability and security.

Identiv Plays Up IoT Tag Business, but Losses Continued in 2014

Identiv CEO Jason Hart sounded optimistic tones about the company’s NFC tag business, particularly in “Internet of Things” applications or tags for consumer goods, during a conference call last week to discuss Identiv’s fourth quarter and full year 2014 earnings, but investors responded with less optimism.

Survey: NFC Trumps QR Codes and Beacons for Connecting to Nonpayments Applications in Stores

By: 
Kiona Smith-Strickland

NFC Times Exclusive Insight – Between two-thirds and three-quarters of U.S. consumers say they are interested in using NFC for nonpayment retail applications, according to a study funded by the NFC Forum by research firm Strategy Analytics.

TI’s NFC Sensor Transponder Latest Product to Target Wearables, IoT Markets

Dec 20 2014

U.S-based Texas Instruments said it expects to see prototype launches of devices using its recently launched NFC sensor transponder in the first quarter of 2015, as the U.S.-based chip maker seeks a larger stake in the promising markets for wearables, Internet of Things and industrial applications that sometimes require an NFC interface.

NFC Forum Launches ‘Tap Into NFC’ Developer Program, Though Apple’s Platform Remains Closed

As the NFC Forum launches a new program to attract more application developers to the NFC ecosystem, the organization told NFC Times that it is encouraged by Apple’s adoption but considers it likely that the NFC developer community will focus on Android for the near future.

NFC Tags with I²C Interface Could Allow More Complex Device Pairing

NXP Semiconductors said its NTAG I²C tags, which combine an NFC Forum Type 2 NFC tag with an IC contact serial interface, will allow more complex device interfaces between smartphones and consumer electronics, such as home appliances, wearable devices, and health and fitness monitors

First U.S. Campaigns on Clear Channel Outdoor’s NFC Platform Set for Fall; More ‘Challenging’ BLE Expected in 2015

By: 
Kiona Smith-Strickland

The first two campaigns in the U.S. on Clear Channel Outdoor’s NFC-enabled out-of-home advertising network, called Connect, will launch in the San Francisco area in September, representatives of the company told NFC Times, and they expect nationwide campaigns to go live by the fourth quarter.

The Push and Pull of Proximity-Marketing Campaigns

By: 
Kiona Smith-Strickland

NFC Times Exclusive: Proximity marketing firms in the U.S. and Europe say that their most successful campaigns see tens of thousands of taps or scans, but amid growing interest in Bluetooth low energy, they say that it is important not to over-use push advertising.

Clear Channel Outdoor Bases Planned Global Rollout of NFC-Enabled Panels on Encouraging ‘Engagement Rates’

By: 
Kiona Smith-Strickland

The vice president for digital product for Clear Channel Outdoor has told NFC Times the company’s recent announcement of plans to expand its NFC-enabled outdoor advertising network to several more countries is based on “engagement rates” by consumers that justify the larger deployment.

HEADLINE NEWS

CASE STUDY: Asia-Pac’s First HCE Launch–Higher Transaction Value, Though User Numbers Remain Small

Jun 23 2015

UPDATED: NFC Times Exclusive – Australian credit union CUA has seen a 16% increase in value of transactions for mobile payments since the launch of its host-card emulation mobile-payments app last summer, though user numbers have remained small 11 months after one of the first HCE commercial launches globally.

Vendors Say Mobile Payments at Vending Machines on the Rise

NFC Times Exclusive Insight – Suppliers of cashless payment for vending machines predict the rollout of Apple Pay, along with planned introduction of Android Pay, will continue to reduce the use of cash at U.S. vending machines and will also lead to higher transaction amounts, though did not release actual figures.

Taiwan Banking Joint Venture to Request Tenders for HCE and Tokenization Platform

NFC Times Exclusive Insight – Taiwan’s banking joint venture, Taiwan Mobile Payment Co., has disclosed that it will issue a request for tenders for a host-card emulation and tokenization platform, with plans calling for the technology to be made available to Taiwanese banks for mobile-payments launches by the end of the year.

Apple, Transport for London Face Potential Problems Enabling Apple Pay for Fare Collection

NFC Times Exclusive – Both Apple and Transport for London are trumpeting the coming use of Apple Pay to pay fares on various modes of mass transit in London, including the fast-paced London Underground. But they face a couple of problems.

Apple Announces Addition of Nonpayments Applications, First International Expansion for Apple Pay

Jun 11 2015

NFC Times Exclusive Insight – Apple today announced major new updates to Apple Pay, including the addition of store credit, debit and loyalty cards in the U.S., expansion of the mobile-payments service to its first overseas market, the UK, and a renaming of the wallet app itself from Passbook to Wallet.

Dateline Australia: Reality Check for Apple in Efforts to Expand Apple Pay

Jun 7 2015

MELBOURNE, SYDNEY, Australia – NFC Times Exclusive: On the face of it, Australia would seem like an ideal market for Apple to expand its Apple Pay service outside of the U.S. After all, iPhone market share here now hovers around 40%, usage rates of contactless payment at retail are the highest in the world and major banks are eager to roll out mobile payment.

UPDATED: Visa, MasterCard Tout Tokenization as Android Pay Gears Up; Likely Long-Term Play for Schemes

Jun 5 2015

UPDATED: NFC Times Exclusive Insight – Relatively little noticed amid the widespread coverage of Google’s unveiling of its new Android Pay platform last week are the continued tokenization plays by major payment networks, Visa and MasterCard Worldwide, including Visa’s announcement of a new tokenization program and pricing policies, geared toward such platforms as Android Pay. 

Google Unveils Response to Apple Pay, Pitching Android Pay as ‘Open Platform’; Visa, MasterCard See Tokenization Opportunity

Jun 5 2015

NFC Times Exclusive Insight – Google announced its much-anticipated response to Apple Pay, with an updated host-card-emulation-based payments platform, Android Pay, that will incorporate tokenization,  fingerprint biometrics and in-app payments, in addition to in-store tapping to pay. 

RadioShack CIO: Apple Pay Succeeds Where Google Wallet ‘Flopped’

MELBOURNE, Australia – NFC Times Exclusive: U.S. retail electronics chain RadioShack is seeing 10% of its transactions from Apple Pay in its stores equipped with contactless readers, Michael Carper, CIO for the financially troubled retailer said.

Samsung to Work with Established Trusted Service Managers for Samsung Pay

NFC Times Exclusive Insight – Samsung is hiring established TSM vendors to assist with the provisioning and secure element management for its forthcoming Samsung Pay service, at least in some markets, sources told NFC Times.

Profits Remain Elusive for Contactless Reader and NFC Tech Supplier OTI

NFC Times Exclusive Insight – Israel-based On Track Innovations reported continued negative adjusted EBITDA and didn’t announce any new major reader sales during a recent conference call to discuss the company’s first quarter earnings. Despite a recent patent case win, investors appear to be getting impatient.

Oberthur Sales Expected to Grow This Year Following Flat 2014; Vendor Seeks Higher Profits to Reduce Debt

NFC Times Exclusive – Oberthur Technologies, the No. 2 smart card vendor globally and a major bank card and SIM supplier, had flat sales in 2014, blamed mainly on lower revenue in its telecom business unit from falling prices for lower-end SIM cards, slow sales of NFC SIMs and a hiatus in its contract to supply embedded chips to Samsung.