Topic “Samsung Electronics”

Samsung Pay Unpacked: Details on Samsung’s Planned Business Model, Architecture and Unannounced Banks Revealed

NFC Times Exclusive – NFC Times has learned new details about how Samsung intends to make money from its planned payments service, Samsung Pay; as well as the technology architecture the OEM will use and the identity of two unannounced banks, along with a new category of issuer that is planning to participate.

Samsung to Launch Apple Pay Rival in Summer Using Proprietary Technology and NFC

Mar 2 2015

BARCELONA, Spain – NFC Times Exclusive Insight: Samsung Electronics has unveiled its Apple Pay rival, which it calls Samsung Pay, a mobile-payments service that, as expected, supports technology from Samsung’s recent acquisition of LoopPay combined with NFC. 

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.

Russia’s Largest Bank Plans to Launch HCE; Continues to Pursue Embedded Chips in Parallel

Russia’s largest bank, Sberbank, said it plans to launch NFC-mobile payments with host-card emulation this fall, the first major bank to disclose plans for an HCE launch.

Samsung’s New Flagship Supports NFC, as Expected, Along with Fingerprint Sensor Securing PayPal

BARCELONA, Spain – Samsung Electronics today unveiled its fifth-generation Galaxy S flagship smartphone, the Galaxy S5, which will support NFC, as expected, and also feature a fingerprint sensor in the home button that can secure mobile payments. PayPal has announced it will be the first payments company to support the fingerprint authentication feature on the device.

MasterCard Announces Deal with Samsung to Use Embedded Chips; Australian Bank First to Launch

Dec 12 2013

MasterCard Worldwide announced its anticipated agreement with Samsung Electronics to enable PayPass applications on embedded chips in Samsung NFC devices and, as expected, named Commonwealth Bank of Australia as the first bank to launch under the deal.

MasterCard Does Deal with Samsung for Embedded Chips; Seeks to Outflank Visa with First Launch

Dec 12 2013

NFC Times Exclusive: MasterCard Worldwide has moved forward with its deal with Samsung Electronics to enable its PayPass application on embedded chips in Samsung NFC phones, NFC Times has learned.

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.  

Australian Bank Likely First to Launch Payment on Samsung Embedded Chips; Other Banks Interested

NFC Times Exclusive: Australia’s Commonwealth Bank has disclosed plans to put a MasterCard PayPass application onto an embedded secure element in selected Android NFC phones, the first major bank to disclose plans for launching commercial NFC payments on embedded chips since Google Wallet.

Samsung Splits Supply Contracts for NFC Chips for Galaxy Note 3 Between Broadcom and NXP

NFC Times Exclusive: Samsung Electronics has split the NFC chip supply contracts for its new Galaxy Note 3, possibly the first major NFC device that has multiple chip suppliers, NFC Times has learned.

HEADLINE NEWS

OTI Gets Favorable Ruling in NFC Patent Infringement Case; Reports Continued Losses for 2014

NFC Times Exclusive Insight – A U.S. district court judge has ruled that T-Mobile USA infringed an NFC patent held by Israel-based On Track Innovations.

Gemalto Claims 25% of U.S. EMV Market; Seeks to Take Spotlight Off SIM

NFC Times Exclusive Insight – France-based Gemalto, which is keen to take the spotlight off its SIM business, projects EMV cards to represent perhaps the largest expected source of revenue growth in the coming year.

Square Acquires Payment Processing Tech Vendor Kili; May be Planning NFC mPOS, but Will it Keep DeviceFidelity?

Mar 13 2015

NFC Times Exclusive Insight – UPDATED: Mobile point-of-sale device supplier Square has acquired payment processing component vendor Kili Technology, the same vendor that purchased NFC accessory vendor DeviceFidelity in November, but Square does not plan to keep DeviceFidelity, a source connected with Square told NFC Times.

Samsung Pay Unpacked: Details on Samsung’s Planned Business Model, Architecture and Unannounced Banks Revealed

NFC Times Exclusive – NFC Times has learned new details about how Samsung intends to make money from its planned payments service, Samsung Pay; as well as the technology architecture the OEM will use and the identity of two unannounced banks, along with a new category of issuer that is planning to participate.

Analysis: Gemalto Abandons Hard-Line Stance on NFC in Embracing Tokenization, Supporting HCE

NFC Times Exclusive – The public relations debacle Gemalto faced following revelations last month that U.S. and UK spy agencies had stolen keys from its SIM cards is not the only problem the France-based vendor has had to deal with regarding SIMs.

People on the Move: MasterCard Makes Executive Changes to Mobile Team

NFC Times Exclusive – MasterCard Worldwide has named James Anderson group executive for platforms, a key position inside the payment network, which is seeking to secure its role in the ecosystem as mobile payments start to gather steam, NFC Times has learned.

Commonwealth Bank Launching HCE; Other Australian Banks Expected to Follow

NFC Times Exclusive Insight – One of Australia’s largest banks, Commonwealth Bank, is launching NFC payments from its mobile-banking app using host-card emulation, having earlier tried embedded secure elements, contactless stickers and iPhone attachments.

Android Pay Expected to Support HCE, Targeted to Encourage More Third-Party Payments Apps

NFC Times Exclusive Insight ­– Google’s recently announced API for NFC payments applications, Android Pay, is expected to support apps using host card emulation, or HCE, but also likely will support storage of keys on hardware.

Apple Releases Launch Date, More Details for Smartwatch; Set to Become Premier Payments Wearable

NFC Times Exclusive Insight – Apple’s new wearable, Apple Watch, will support Apple Pay as well as mobile keys for hotel rooms, the company announced Monday.

Galaxy S6 to Carry Embedded Secure Element; Samsung Splits NFC Controller Contract

Mar 2 2015

BARCELONA, Spain – NFC Times Exclusive (UPDATED): The Galaxy S6 will carry an embedded secure element, mainly to enable nonpayment applications, while supporting NFC payments with host-card emulation and storing payment tokens in a secure area on the processor, an ARM-based TrustZone, a representative of Samsung told NFC Times. The embedded secure element also could be used to store tokens outside of the U.S. 

Samsung to Launch Apple Pay Rival in Summer Using Proprietary Technology and NFC

Mar 2 2015

BARCELONA, Spain – NFC Times Exclusive Insight: Samsung Electronics has unveiled its Apple Pay rival, which it calls Samsung Pay, a mobile-payments service that, as expected, supports technology from Samsung’s recent acquisition of LoopPay combined with NFC. 

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

Mar 1 2015

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.