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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.

Taiwan Banking Group Chooses TSM Vendor to Build Third Major TSM Platform for Island Nation

NFC Times Exclusive: A mobile-payments joint venture in Taiwan led by banking groups has chosen a trusted service manager, which could act as an aggregation service for a number of large and small banks in the country wanting to provision their applications on NFC phones, NFC Times has learned.

More French Banks Prepare for Commercial Launches of NFC Payments

Scope: 
Rollout
Status: 
In progress
Est. Launch: 
Q2-Q4 2014
Main Application: 
Payment
Users: 
N/A

Although separate projects, major French banks and telcos are all expected to commercialize NFC t

Australia’s Westpac to Launch First Project with Visa on Samsung Embedded Chips; HCE Gears Up in Market

A second of Australia’s big four banks, Westpac Banking Corp., said it will finally be ready to launch its long-planned NFC contactless payments service with Visa using embedded chips in Samsung phones by the end of April, the bank told NFC Times.

NFC SIM Volumes Projected to Show Moderate Growth in 2014, Though Impact of HCE Remains Unknown

NFC Times Exclusive: Mobile network operators will take delivery of at least two-thirds more NFC SIMs this year than in 2013, predicts operator trade association, the GSMA, though the impact of host-card emulation remains to be seen.

Gemalto CEO: HCE Not Secure for EMV Payments Unless Tokens Stored on Secure Elements or TEE

France-based vendor Gemalto Thursday confirmed its growth projections for 2014 and its longer-term forecast for 2017, despite the recent announcements of support for host-card emulation by Visa and MasterCard Worldwide.

NXP Wins Back NFC Controller Business for Samsung Flagship But Misses on Embedded Chip

NFC Times Exclusive: Samsung Electronics has switched back to an NFC controller chip from NXP Semiconductors for most of the planned shipments of its new flagship, the Galaxy S5, but the phones will not pack NXP’s embedded secure element, NFC Times has learned.

TSM Hubs and Aggregators–Can They Help Banks Roll Out NFC?

NFC Times Exclusive: The cost and complexity of loading and provisioning applications on secure elements in NFC phones has held back mobile-payments rollouts and added to the growing interest of such alternatives as host-card emulation, Bluetooth low energy, even QR codes, observers agree.

Market Spotlight: Banks Take Active Role in Coming Commercial Launches in Hong Kong

Two of Hong Kong’s largest banks, HSBC and Hang Seng, have announced plans to launch NFC mobile payments on SIM cards with Hong Kong’s major mobile operators, but using their own Android apps. Meanwhile, interest in embedded secure elements among banks remains high in the market.

China Telecom to Roll Out SIM-based NFC; Merchants Bank Announces Launch of Payment on Samsung Embedded Chips

China’s NFC market continues to gather steam, with No. 3 telco, China Telecom, announcing a nationwide launch Thursday and one of China’s largest commercial financial institutions, China Merchants Bank, introducing mobile payment on embedded chips in three Samsung NFC devices.  

HEADLINE NEWS

OTI Reduces Growth Estimate and Pushes Back Positive EBITDA Prediction

Israeli-based NFC and contactless company On Track Innovations pushed back its prediction for positive adjusted EBITDA back to the third quarter of 2015 and reduced its estimate for 2014 revenue growth to 10%, down from the 30% it had predicted previously, the company reported in its quarterly earnings call.

DeviceFidelity Acquired by mPOS and Reader Component Supplier Kili

Canada-based Kili Technology, which supplies hardware modules, firmware and IP for mobile point of sale, readers and other payment-acceptance devices, has acquired NFC-accessories vendor DeviceFidelity.

Subway Eschews Exclusivity, Supports Multiple Mobile Wallets

NFC Times Exclusive: LAS VEGAS, Nev. – While a number of major U.S. merchants have pledged to only accept one mobile-payments service, that is not the case for giant Subway sandwich chain, which has now introduced at least three major options for its customers to pay with their smartphones.

AmEx and Discover Weigh In On HCE, Tokenization and Acceptance

Las Vegas, Nev. – No single mobile payments provider or platform will dominate the market in the long run, so card networks should adopt a flexible approach, CEOs of two major payment networks, American Express and Discover Financial Services, told attendees at this week’s Money 2020 conference.

Softcard Touts Rewards to Increase Wallet Activations; Insists it Will Support Wallet on iPhone SIMs

LAS VEGAS, Nev. – Softcard CEO Michael Abbott was selling the value of rewards in the telco-owned mobile wallet today during a keynote address at the Money 2020 conference in Las Vegas.

Despite Talk of NFC and BLE, QR Codes Expected as Main Technology for MCX Launch

Although Dekkers Davidson, CEO of the big MCX mobile-commerce consortium in the U.S., said the group is working on Bluetooth low energy and NFC, the main technology MCX is expected to launch with next year will still be QR codes.

MCX Weighs in on Exclusivity Clause as Merchant Group Battles Apple Pay

The MCX Merchant group has confirmed what most insiders already knew: That it has an exclusivity clause for members to only accept mobile payments from its own payments platform.

Taiwan’s NFC Banking Joint Venture Gets Set to Launch TSM Service Amid Crowded Field of Platforms

Nov 18 2014 (All day)

NFC Times Exclusive: More than 25 Taiwanese banks have signed up to potentially launch NFC mobile-payments services using a TSM platform being launched by a joint venture of three domestic processing and interbank groups.

Small Issuers Sign Up for Apple Pay but Want to Keep Customers Using the Issuers' Own Applications

NFC Times Exclusive: Small financial institutions want their members to be able to use Apple Pay, but would prefer to keep transactions in their own branded mobile applications instead, sources at participating credit unions have told NFC Times.

NXP Reports NFC Sales Soar on Shipments to Apple

NXP Semiconductors reported a big jump in sales from its emerging ID unit in the third quarter, thanks to shipments of NFC chips and secure elements to Apple for the tech giant’s new iPhones.

Amid High-Profile Win with Apple, NXP Quietly Loses NFC Business for Samsung’s Galaxy Handsets

NFC Times Exclusive: While NXP Semiconductors won the coveted contract to supply NFC chips and secure elements to Apple for its new iPhone models, it has been cut out of the recent business for Samsung Galaxy handsets, including the Note 4.

NFC Booster Chip in New iPhones One Key to Apple Pay Performance, Though Not Yet Standardized

NFC Times Exclusive: In what is believed to be one of the first uses for NFC booster technology in NFC phones, the new iPhone 6 and iPhone 6 Plus feature an amplifier chip enabling a unique antenna design by Apple for its Apple Pay service that launched Monday.