Topic “Olivier Piou”

Gemalto Seeks to Reposition TSM Offer as ‘Hub,’ as It Tries to Counter Threats to Its NFC Business; but is It Really a Hub?

Dec 1 2014

NFC Times Exclusive – With the role of the TSM coming under increasing pressure for being too complex and costly, Gemalto, the world’s largest TSM, is seeking to reposition its TSM offer–promoting it as being part of a large “trusted services hub,” as the France-based vendor tries to convince more banks to provision their credit and debit cards on NFC SIMs.

Gemalto Reports Lackluster First Half Though Notes Strong TSM Revenue Growth

Gemalto reported flat revenue and a drop in profit for the first half of 2014, though noted that sales for its TSM and NFC SIM business were strong, and its EMV card business in the U.S. was ramping up.

Gemalto Plans to Acquire SafeNet; Gives Vendor Network Security; Possible HCE Technology

France-based Gemalto has announced plans to acquire U.S.-based data security firm SafeNet in a cash and debt deal worth $890 million, its biggest acquisition since Gemalto was created in 2006 with the merger of what was then the two largest smart card companies, Gemplus and Axalto.

Gemalto: European Delays, HCE, Won’t Hurt NFC SIM Sales for 2014

France-based Gemalto, the largest supplier of NFC SIMs globally, says it is not scaling back its projections for shipments of the cards this year, despite delays in orders by European mobile operators and other factors, such as host-card emulation.

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.

Vallée Named COO, as Gemalto Tweaks Internal Structure; TSM Pioneer Chua Departs Morpho

Mar 3 2014

NFC Times Exclusive–People on the Move:
France-based vendor Gemalto has completed internal changes to its corporate structure, creating a separate unit for platforms and services and one for smart card products and appointing executive Philippe Vallée as chief operating officer.

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

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.

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.

Gemalto Sees Future in Platforms and Services, Including TSM Business

Mar 21 2013

France-based Gemalto is forecasting double-digit growth in revenue this year, following a strong 2012, in which it reported gains in both sales and profit and the first significant returns for its trusted service management business.

Gemalto Joins Blue-Chip CAC 40 Index as CEO Piou Cashes in Shares

Dec 29 2012

Smart card and security company Gemalto this week joined the CAC 40 index in Paris, which counts as members such blue-chip French companies as Total, BNP Paribas, Carrefour and Airbus jet maker EADS.

HEADLINE NEWS

MasterCard Touts Host-Card Emulation Projects, as Buzz Returns to HCE

NFC Times Exclusive Insight – Following a lull in attention on host-card emulation with the announcement and launch of Apple Pay in the latter half of last year, the buzz appears to be back on HCE, and among the latest organizations promoting it is MasterCard Worldwide.

MasterCard Europe Touts Growth of Contactless in Europe and Promotes HCE for Mobile Payments

NFC Times Exclusive Insight – Contactless payments in Europe, almost exclusively from cards, increased by more than 170% in the fourth quarter of 2014, MasterCard Europe has announced, and the payment network cited NFC payments projects in Europe as a positive sign, while promoting the prospect for host-card emulation-based launches.

Samsung to Acquire LoopPay to Launch Apple Pay Rival; Expected to Continue to Support NFC

NFC Times Exclusive Insight – Samsung Electronics has signed an agreement to acquire mobile-payments start-up LoopPay, setting up a battle between Apple and Samsung in the U.S. over rival mobile-payments platforms, while raising the prospect for more fragmentation in the U.S.

On Track Innovations CEO Resigns; Failed to Cut Losses or Significantly Increase Share Value

NFC Times Exclusive Insight – Israel-based contactless reader and NFC company On Track Innovations Tuesday announced the resignation of CEO Ofer Tziperman after less than two years on the job, with observers chalking up the exit to insufficient progress Tziperman has made in turning around the company’s finances and its low share price since a board takeover by dissident shareholders in late 2012.

LA Metro Plans to Launch Mifare-Based Mobile Ticketing on NFC Phones; Challenges Lie Ahead

NFC Times Exclusive – The Los Angeles County Metropolitan Transportation Authority has issued a request for proposal with plans to launch an NFC pilot this year followed later by a rollout, putting the authority’s Mifare-based fare-collection application mainly on Android NFC phones.

Visa: Other Device Makers Besides Apple to Support Tokenization for Mobile Payments

NFC Times Exclusive Insight – Visa today announced that other leading device manufacturers besides Apple would begin deploying its Visa Token Service this year, to “deliver secure mobile payments through their phones, tablets and other connected devices.”

Dutch Bank Launches NFC Payments on Embedded Secure Elements

NFC Times Exclusive Insight – Dutch bank Rabobank has launched an NFC-enabled mobile wallet, storing a debit application on embedded secure elements in two older Samsung Android devices, which the bank claims is the first NFC mobile payments launch in the country.

Mozido Founder: Interest in HCE Running ‘9-to-1’ Over Secure Elements

Feb 12 2015

NFC Times Exclusive –U.S.-based white-label mobile payments and commerce vendor Mozido told NFC Times it is seeing significant interest in host-card emulation among prospective customers, though did not release any details on service providers considering the technology.

NXP Reports Big Jump in NFC Sales on Shipments to Apple; Looks to China for Added Growth in NFC Business

Sales in NXP Semiconductor’s emerging ID business, which mainly includes its NFC chips, soared in the fourth quarter, growing by more than 200%, compared with the same period a year earlier, thanks mainly to the roll out of Apple Pay.

Mozido Invests $2.5 million in HCE Vendor SimplyTapp, Adding to its TSM and Wallet Technology

Feb 6 2015

NFC Times Exclusive Insight – U.S.-based Mozido, a supplier of cloud-based, white-label mobile payments and commerce products, upped its stake in NFC technology, making a $2.5 million investment in host-card emulation start-up SimplyTapp.

Broadcom Shows Strong Interest in IoT and Wearables; Still Sees NFC as an Opportunity

NFC Times Exclusive Insight – Broadcom made only passing reference to NFC during a conference call Thursday to discuss the company’s fourth quarter and full-year earnings, although CEO Scott McGregor listed NFC as one of the technologies expected to help lead to growth in the company’s high-end connectivity business.

Large Russian Bank, Like Other Issuers, Finding HCE Not So Easy to Roll Out

NFC Times Exclusive – Last May, when the venture capital arm of Russia’s largest bank, Sberbank, and vendor Sequent Software publicized plans for launching NFC mobile payments with both embedded chips and host-card emulation, the publically stated plan was for short pilots leading to launches before the end of the year.