Topic “Sixpack”

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.

Possible Fragmentation an Issue as Dutch Banks and Telcos Prepare for NFC, Post ‘Sixpack’

NFC Times Exclusive: Whereas three years ago, major banks and telcos in the Netherlands looked like they would move forward together on NFC mobile payments, with plans to form a first-of-its kind joint venture, the situation today promises to be much different.

Dutch Banks Form Group to Launch Large NFC Payment Pilot

The three major banks in the Netherlands, ING, ABN AMRO and Rabobank, have formed a temporary group to launch a large NFC trial in the Dutch city of Leiden with mobile operator KPN.

Dutch Telcos and Banks Drop Plans for NFC Joint Venture

Jul 20 2012

Dutch mobile operators and banks have decided not to form a joint venture to roll out NFC services together, saying “developments in the market” were responsible for ending the deal that was nearly three years in the making.

Product Safety and Testing Company UL Buys Consultant for Isis, Project Oscar

U.S.-based global product safety and testing company UL has acquired Netherlands-based NFC and smart card consulting and test tools firm Collis, which has worked with NFC joint ventures that have formed or are planned in the United States, United Kingdom and the Netherlands.

UK Telcos File Formal Request to EU; Await Crucial Decision on NFC JV

Mar 12 2012

The United Kingdom’s three largest mobile operators have filed their application with European antitrust regulators, seeking approval for their proposed joint venture to help them roll out NFC mobile wallets and services.

Dutch Telcos, Banks Delay NFC Launch Until 2013; T-Mobile Drops Out of Project

Major mobile operators and banks in the Netherlands say they plan to launch their NFC mobile-payment project in early 2013 as they await approval from European regulators for their planned joint venture.

Possible Fragmentation an Issue as Dutch Banks and Telcos Prepare for NFC Post ‘Sixpack’

NFC Times Exclusive: Whereas three years ago, major banks and telcos in the Netherlands looked like they would move forward together on NFC mobile payments, with plans to form a first-of-its kind joint venture, the situation today promises to be much different.

HEADLINE NEWS

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.

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

ICBC Launches HCE Mobile Payments with China UnionPay and Visa, as Chinese NFC-Payments Market Gears Up

NFC Times Exclusive Insight –Chinese banking giant Industrial and Commercial Bank of China has launched a mobile-payments service using host-card emulation, supporting credit cards branded by China UnionPay and Visa. 

Vendor Group Confirms 30% Growth in NFC Secure Elements in 2014; Revises 2015 Growth Rate

NFC Times Exclusive Insight – Smart card vendor association Eurosmart has confirmed its estimate that vendors shipped 350 million NFC secure elements last year, up 30% from the year before, fueled by embedded chips in Apple’s iPhones and what is probably the last significant growth spurt in NFC SIM card shipments. It predicts shipments of 550 million secure elements in 2015, up 57% from 2014, though revised downward from an earlier projection.

Qualcomm Strikes Deal to Use NFC Technology from NXP; Drops In-House NFC Program

NFC Times Exclusive Insight – Qualcomm, the largest supplier of processor chips for mobile phones globally, has made a deal to integrate NFC technology from NXP Semiconductors for its reference designs for OEMs featuring its Snapdragon processors.

Samsung Pay Head: Interest in Embedded Chips Grows for Payments and Nonpayments; eSE Won't be Limited to Samsung Pay

May 4 2015

NFC Times Exclusive –  Besides payments, Samsung is targeting nonpayment applications, and is seeing “growing interest” in its embedded chips, Samsung Pay director Victor Kim told NFC Times.

Gemalto CEO: TSM Revenue to Fall in 2015; Won't Pick Up Until Next Year, Likely with New Technologies

NFC Times Exclusive Insight – Gemalto CEO Olivier Piou said revenue from the vendor’s trusted service management business fell in the first quarter and would stay down for the rest of the year, while indicating Gemalto is no longer seeing many TSM tenders from telcos.

Giesecke & Devrient, Oberthur Hit by Falling Prices, SIM Sales

Apr 30 2015

NFC Times Exclusive – Falling SIM card prices among other challenges have forced such major smart card and NFC vendors as Giesecke & Devrient and Oberthur Technologies to restructure, though strong growth in shipments of EMV cards to Asia and the United States helped them record growth in overall revenue in 2014.

PayPal Doing NFC Trials, but Says It Will Not Rely Solely on NFC Technology

NFC Times Exclusive Insight – PayPal is trialing NFC mobile payments, CEO-designee Dan Schulman said during eBay’s first quarter earnings call, but the company continues to be cautious about embracing NFC.

Fourth U.S. Payments Network to Support Apple Pay; Discover Financial to Launch NFC Commercially after False Starts

NFC Times Exclusive Insight – Payment network Discover Financial Services announced its support for Apple Pay on Monday, becoming the fourth major payment networks in the U.S. to join Apple Pay.

Broadcom Says Little About NFC in Q1 Earnings Call

Apr 23 2015

NFC Times Exclusive Insight – U.S.-based Broadcom reported continued growth for its connectivity segment during its first quarter 2015 earnings call, but made almost no mention of NFC.

Apple Drives Nascent NFC Payments Wearables Market with Arrival This Week of Apple Watch

NFC Times Exclusive Insight – With the first Apple Watch units set to be delivered this week, NFC payments for wearable devices becomes a budding market, though it remains to be seen whether consumers want to tap their watches or wristbands to pay.