Topic “U.S. Bank”

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. 

DeviceFidelity Prepares to Launch iPhone 5 Case; Product is Crucial for Company

NFC Times Exclusive: A long-anticipated but delayed launch of an NFC case for the iPhone 5 is finally ready to go forward, following remaining approvals needed from Visa and Apple, NFC Times has learned.

U.S.: Bank Launches Beta Test of microSDs with iPhone

Scope: 
Trial
Launch: 
Jan 2013
Main Application: 
Payment
Users: 
N/A

U.S. Bank, the No. 5 commercial bank in the U.S.

U.S. Bank Launches ‘Go Mobile’ Beta in Two Cities with iPhone NFC Add-On

U.S. Bank has announced the “beta” launch of its Go Mobile service in two cities, using microSDs and an NFC-enabled case for the iPhone.

MicroSDs: After Two Years of Trials, Questions Remain About Marketability

By: 
Dan Balaban

Bank of America has not yet tipped its hand about how it plans to roll out mobile payment in the U.S., but it is unlikely to use microSD cards–that is, if a recent evaluation of the technology by a bank representative is any guide.

Isis Names First Three Banking Issuers; Keeps Focus on Soft Launch

BARCELONA – Isis, as expected, has named the first three banks planning to issue payment applications for its Isis Mobile Wallet, JPMorgan Chase, Capital One and Barclaycard US.

The Year Ahead for NFC: Major M-Commerce Rollouts Unlikely Until 2013

By: 
Dan Balaban

2012 was going to be the year that the new era of NFC-based mobile commerce had finally arrived–with Google Wallet rolling out widely, mobile operators in the U.S. and Europe making significant inroads with their own mobile wallets and big Asian m-commerce players generally commercializing NFC, as well.

U.S. Bank to Issue Dual-Interface EMV Cards

In a first for the U.S. market, one of the country’s largest banks plans to begin issuing dual-interface EMV cards targeted at international travelers.

Another U.S. Bank Plans to Test Payment with Contactless microSDs

Wells Fargo bank will reportedly test contactless-mobile payment this fall in association with Visa Inc., using microSD cards and a payWave application onboard.

DeviceFidelity Prepares to Launch iPhone 5 Case; Product is Crucial for Company

NFC Times Exclusive: A long-anticipated but delayed launch of an NFC case for the iPhone 5 is finally ready to go forward, following remaining approvals needed from Visa and Apple, NFC Times has learned.

HEADLINE NEWS

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

Mar 31 2015

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.

Second Kiwi Bank Snubs SIMs for HCE with ANZ’s Planned NFC Launch; Bell ID Gets Nod as Vendor

Mar 31 2015

NFC Times Exclusive Insight – Another major New Zealand bank has announced plans to launch NFC payments with host-card emulation, snubbing a joint venture set up to launch SIM-based NFC on the island nation.

Microsoft Jumps on HCE Bandwagon Though Meager Windows Market Share for Smartphones Mutes Impact

Mar 26 2015

NFC Times Exclusive Insight – Windows 10 for phones, set to be released later this year, will support host card emulation, or HCE, based NFC payments, Microsoft revealed at a recent Windows event in China.

G&D Supplies HCE Technology for Commonwealth Bank HCE Service

Mar 25 2015

NFC Times Exclusive Insight – Germany-based Giesecke & Devrient confirmed it is providing the host-card emulation technology for Commonwealth Bank’s commercial HCE launch this month of Tap & Pay from the bank’s Android-based mobile-banking app.

Identiv Plays Up IoT Tag Business, but Losses Continued in 2014

Identiv CEO Jason Hart sounded optimistic tones about the company’s NFC tag business, particularly in “Internet of Things” applications or tags for consumer goods, during a conference call last week to discuss Identiv’s fourth quarter and full year 2014 earnings, but investors responded with less optimism.

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.