Topic “Verizon”

OTI Files New NFC Patent Suits, Targeting AT&T and Verizon

NFC Times Exclusive Insight – NFC and contactless vendor On Track Innovations has filed new patent infringement lawsuits against U.S. telcos AT&T and Verizon Wireless, less than a week after announcing a settlement with T-Mobile USA in a patent infringement suit it filed in 2012.

Shutdown of Softcard Costs Major Technology Supplier Gemalto Millions

Aug 28 2015

NFC Times Exclusive Insight – France-based Gemalto estimates it is losing around €30 million (US$33.8 million) in revenue per quarter from the closing of the Softcard mobile-payments service in the U.S. last March–a setback that will end up costing the vendor nearly €100 million in lost sales this year and around €50 million in profit.

Isis Launches Nationwide, Though Reveals No New Issuer or Retail Backers

NFC Times Premium Content (Free): The Isis joint venture and member mobile operators officially launched their Isis Mobile Wallet today, with the new Android wallet app now available for subscribers of all three Isis telcos and NFC SIMs in thousands of carrier shops.

As Isis Moves to National Stage, Take-Up in Two-City Pilot Shows Much Work Lies Ahead for Telco Joint Venture

By: 
Kiona Smith-Strickland and Dan Balaban

NFC Times Exclusive: As the Isis joint venture gears up for its planned national rollout, NFC Times looks at the view on the ground in its pilot cities of Austin, Texas, and Salt Lake City, Utah, from the perspective of merchants and consumers.

People on the Move: Early Isis Planner Bierbaum Departs Sprint; NFC Veterans from Citi, Orange Join C-SAM

Chris Bierbaum, who played a role in early development of the U.S. telco joint venture that would become Isis, has left Sprint as head of mobile commerce to lead mobile initiatives globally for UK-based directories and Internet services company hibü.

Isis Gears Up for National Launch Despite Challenges Ahead

The Isis joint venture continues to gear up for a nationwide launch of its NFC-enabled Isis Mobile Wallet this year and has been in discussions with major U.S. banks along with merchants, NFC Times has learned.

As Google Readies New Wallet Version, Sprint Gears Up with ‘Open’ Approach

As Google readies the launch of the next version of its wallet, expected to feature the addition of a physical payment card, other mobile-commerce players, including Google Wallet partner Sprint, are gearing up with their own offers.

Isis Trial Snapshot: Telcos Issue NFC SIMs, but Transactions Still Scarce

It's been nearly a month since the launch of the large Isis Mobile Wallet trial in Austin, Texas, and Salt Lake City, Utah, and so far merchants are reporting limited use of Isis by consumers, interviews by NFC Times have found.

Isis Releases Long-Awaited Launch Date for Two-City Trial

The Isis joint venture has finally released a launch date for its much-anticipated two-city NFC trial, which is scheduled to begin on Oct. 22.

Paying to Play: Planned Isis Fees Rankle Some Issuers

One or more issuers are privately complaining about fees that the Isis joint venture is seeking to charge to host their payment applications in the Isis Wallet, NFC Times has learned.

HEADLINE NEWS

Barclays Embeds Contactless Chips in Bands for Brand-Name Watchmakers, Hoping to Boost Payments Wearables

NFC TIMES Exclusive Insight ­– The first contactless payments wearables resulting from UK-based Barclays partnerships with seven mostly analog watchmakers are beginning to roll out, with more planned–all using the bank’s bPay contactless chips and payments service.

Google Makes Progress Signing up Merchants in India for Tez Payments Service, but Penetration Still Low

NFC TIMES Exclusive – Google has signed up 640,000 small merchants in India to use its mobile payments service, Tez, a Google spokesman told NFC Times.

Vancouver’s TransLink Launches Open-Loop Ticketing, Though Offers Daily Riders Few Incentives to Tap Bank Cards to Pay

NFC TIMES Exclusive Insight – Vancouver is the latest major city to enable riders to tap to pay fares with contactless bank cards, including card credentials loaded into such NFC-enabled mobile payments services as Apple Pay, Google Pay and Samsung Pay.  

Walmart Quietly Ends Trial of App that Would Have Enabled Customers to Avoid Checkout Lanes in Supercenters

NFC TIMES Exclusive Insight – Walmart Inc. has ended a trial of its Mobile Express Scan & Go app in its Walmart stores in the U.S., which had enabled shoppers to scan their items themselves and pay with a stored credit or debit card, then leave the store, after having a greeter scan a bar code in their apps to briefly check the receipt.

Another Large Chinese City Supports QR Code-Based Transit Ticketing

NFC TIMES Exclusive Insight – Another major Chinese city is accepting QR code-based payments for transit fare collection, with riders of the Shenzhen Metro now able to use WeChat Pay to cover the fares.

Deutsche Bank Plans to Expand New Payments Service for Airlines to Other Industries, Though No Rollouts Yet Scheduled

NFC TIMES Exclusive Insight – Germany’s largest bank, which announced plans Monday to pilot a new payments system for airlines that would enable travelers to buy tickets without pulling out their credit or debit cards, is also planning to expand the scheme to other industries, a bank spokesman told NFC Times.

Apple Touts Strong Growth of Apple Pay Globally, though Again Fails to Release Actual Transaction Figures

NFC TIMES Exclusive Insight – Apple said the number of Apple Pay users doubled globally while transactions tripled during the last quarter, but the company did not release many details explaining reasons for the increases and again released no actual figures on Apple Pay usage.

Contactless Payments Continues to Grow for Transport for London, Helped by Fare Capping

NFC TIMES Exclusive Insight – Transport for London this week was again trumpeting its move to open-loop fare collection with contactless credit and debit cards and applications on NFC phones–noting that contactless payments now accounts for half of all pay-as-you-go metro and rail rides in and around the UK’s capital.

Visa and Mastercard Hope New Online Payments Spec Will Accelerate Rollout of Tokens; U.S. Merchant Group Blasts Network Move as Anticompetitive

Apr 26 2018

NFC TIMES Exclusive Insight – Major card networks Visa and Mastercard hope a new technical framework for online transactions they are backing from their jointly owned EMVCo specifications group will help them keep more transactions on their networks, amid growing competition for mobile and other digital payments and lackluster take-up of the networks’ respective online digital wallets, Visa Checkout and Masterpass.

Second Smartwatch Supports Fitbit Pay, but Payments Service Remains Fragmented

NFC TIMES Exclusive Insight – Struggling wearables maker Fitbit on Monday began selling its second smartwatch, the Fitbit Versa, supporting its NFC-enabled Fitbit Pay service, but not all versions of the new device support NFC in the U.S.

WeChat Pay Touts Access by Merchants to Consumer Data, Messaging Channel

Apr 10 2018

NFC TIMES Exclusive Insight – Both Ant Financial and Tencent Holdings have used their hundreds of millions of users, ready access to Chinese bank accounts, billions of yuan in subsidies for merchants and consumers and protected market status in China against Western competitors to build a combined mobile payments business valued in the trillions of U.S. dollars in transactions.