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Topic “Rémy de Tonnac”

Inside Secure Acquires Security Vendor Metaforic with Eye Toward Host-Card Emulation Market

France-based Inside Secure has acquired encryption and software security company Metaforic in a cash deal worth at least $11.6 million, which Inside Secure says will help equip it to offer security services for host-card emulation-based mobile payments.

Inside Secure Improves Earnings; Writes Off NFC Chip Inventory

France-based Inside Secure reported smaller operating losses for 2013, though mainly on an adjusted basis, and wrote off $3.6 million in NFC controller chips it had on hand as it continues to exit the market for the chips.

Inside Modifies Corporate Structure, as It Continues to Pull Back from NFC Controller Market

NFC Times Exclusive: Inside Secure has reorganized its business units, as it continues to refocus its strategy toward embedded security while pulling back from the NFC controller market.

Inside to Support Mifare on New Embedded Chip without License; Will NXP Try to Stop It?

NFC Times Exclusive: Chip supplier Inside Secure plans to support Mifare Classic on its new embedded secure element for NFC phones and contends it does not need a license from Mifare owner NXP Semiconductors because the technology is in the public domain. A representative of NXP warned against the move.

Inside Secure Shows Signs of Turning Corner; Reduces Focus on NFC Modem Chips

France-based chip supplier Inside Secure cut its operating losses during the first half, as it continues its transition to offering more security products and moving away from its past emphasis on contactless and NFC controllers.

Inside Secure to Cut up to 20% of Its Workforce To Stem Losses

Mar 7 2013 (All day)

France-based NFC chip supplier Inside Secure said it would cut up to 20% of its global workforce following the loss of more than $30 million in 2012.

Inside Secure Completes Acquisition of AuthenTec Embedded Security Unit

France-based chip supplier Inside Secure announced today it has completed its acquisition of the AuthenTec Embedded Security Solutions unit for $41.6 million in cash.

Inside Seeks to Broaden Customer Base with Acquisition of AuthenTec Security Unit

France-based chip supplier Inside Secure has agreed to acquire the Embedded Security Solutions unit of U.S.-based AuthenTec, which designs software and hardware products used for digital rights management, virtual private networks and other network security.

Inside Secure Confident of Android NFC Design Win, but Slump to Continue This Year

Inside Secure is confident it will be able to announce a design win for an Android NFC phone before the end of the year, according to Rémy de Tonnac, CEO of the struggling No. 2 NFC chip maker.

Walton to Depart Inside Secure to Head Canadian Security Company

The top NFC executive at struggling chip maker Inside Secure, Charlie Walton, has left the company after seven years to become CEO of Canada-based SecureKey Technologies.

HEADLINE NEWS

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

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.

China UnionPay Strikes Deal with ZTE to Use Embedded Chips for Payments

Payment network China UnionPay and China-based handset maker ZTE have disclosed an agreement to enable contactless payment on embedded chips in two of ZTE’s latest high-end Android phones.

Hungary Concludes Year-Long NFC Trial, Prepares for Commercial Launches

As the Hungarian Mobile Wallet Association prepares to enable its members to commercially launch NFC mobile payments, it has released the results of its 12-month NFC payments and loyalty pilot along with a survey of users.

Swiss Telcos to Share Tapit NFC Mobile Wallet Platform

Swiss telco Swisscom has launched an NFC mobile wallet app called Tapit, with the country’s two other major telcos expected to follow later in 2014.

Airlines Continue to Test NFC for Boarding; BLE Piloted for Airport Navigation

France-based telco Orange and Air France, along with airline industry and information technology services provider SITA have launched a trial of an NFC boarding pass application for the airline’s route from Toulouse to Paris, and SITA is also piloting Bluetooth low energy beacons at Dallas/Fort Worth International Airport.

Visa, MasterCard to Offer HCE Services to Banks, as They Seek to Expedite Rollout of Technology

NFC Times Exclusive: Both Visa and MasterCard plan to offer their own HCE services to banks and other issuers to help the financial institutions launch host-card emulation, as the payment networks continue to try to expedite the rollout of HCE technology for NFC mobile payments, NFC Times has learned.

BBVA’s Pioneering HCE Service: Payments Innovation Head Talks Tokens, Reasons for Shunning SIMs

NFC Times Exclusive: Host-card emulation represents an “inflection point” for driving the rollout of NFC mobile payments and could also help the SIM-based NFC ecosystem to become more efficient and less costly, the head of payments innovation for major Spanish bank BBVA told NFC Times.

Canada Sees More NFC Commercial Launches with SIMs, but Market Remains Unsettled

Jul 15 2014 (All day)

NFC Times Exclusive: With its high rate of smartphone ownership, strong contactless-payment infrastructure and well-developed NFC ecosystem, Canada is increasingly seen as a market to watch for NFC commercial deployments.

Spanish Bank BBVA Announces Commercial Launch of HCE-Based Payments

Jul 1 2014 (All day)

Spanish bank BBVA is claiming to be the first bank to commercially launch payments with host-card emulation, announcing today an upgrade of its Android mobile-wallet app incorporating Visa’s HCE specifications.

Russian Bank Launches Delayed PayPass Service on Embedded Chips in Two Samsung NFC Models

Russian Standard Bank launched its long-planned NFC-payments service on embedded chips in Samsung NFC devices, under an earlier partnership deal between Samsung Electronics and MasterCard Worldwide.

Next Android Operating System to Support Enhancements to HCE

The next major Android upgrade, code-named Android L, includes changes to the way host-card emulation handles default applications for payment, according to a developer preview.

French Group Drops Cityzi Mark; Incorporates EMVCo Contactless Symbol in New Logo

Jun 27 2014 (All day)

France’s mobile-operator-led NFC association, AFSCM, has dropped its long-held NFC logo and touchpoint symbol for nonpayment services, Cityzi, in favor of on logo based on EMVCo’s contactless-payment acceptance mark.