Latest News

Inside Contactless, Sagem Orga, TazTag create new NFC device

Inside Contactless, Sagem Orga, a global smart card applications developer, and TazTag, a provider and creator of contactless products, have teamed up to develop a new method of delivering Near Field Communication (NFC) payment functionality. (The Paypers)

Aconite Partners with Traderoot on South African System

Aconite Technology, a provider of software and consulting for managing business applications on chips in smart cards, tokens or mobiles, has announced that it has signed contracts with Traderoot Africa of South Africa, to supply a prepaid contactless chip card system for South Africa's new integrated public transit network. (Finextra)

Innovision Clinches Major NFC Contract

Innovision Research & Technology has won a major contract for its NFC IP in a leading semiconductor corporation's range of chips. (Business Financial Newswire)

Rio Gets A Few More Fobs, But Contactless Lags in Latin America

France-based Inside Contactless said it has received a follow-up order for 100,000 chips for contactless key fobs in Rio de Janeiro, Brazil–one of Latin America’s few contactless bank-payment projects to make it out of the trial stage.

Inside’s NFC Technology Gets Nod for Sagem Cosyphone

French handset maker Sagem Wireless plans to introduce an NFC phone targeted at the older generations, in what NFC vendor Inside Contactless said would be the first commercial use of its technology.

GlobalPlatform Enables Multiapplication Contactless

International smart card specifications body GlobalPlatform has released an amendment to its Card Specification version 2.2 to advance the management of multiple contactless applications within a SIM, a memory card/embedded element in a mobile device or a simple contactless card.

Aloft Lets Guests Skip the Check-in Desk

Aloft Hotels is pilot-testing a service that enables guests to avoid the check-in line and head directly to their room. The service is being tested at the Aloft in Lexington, Mass., U.S.

Sagem Wireless Cosyphone Uses NFC for Shortcuts

Sagem Wireless today introduced the Cosyphone. As its name implies, the Cosyphone is meant to be a simpler, more comfortable device aimed at the over 50's market.

Could Visa’s New No-Signature Rule Hurt Contactless Payments?

Visa Inc.’s announcement this week that starting this summer it will no longer require signatures for transactions of $25 or less at most U.S. merchants heralds a policy that will result in faster and smoother transactions but could also undermine the payments industry’s move toward contactless technology.

OTP Bank Opts for VeriFone for Contactless Rollout in Hungary

U.S. secure electronic payment services provider VeriFone has closed a deal with Hungarian credit institution OTP Bank to provide the latter with electronic payment systems in Hungary.

Carrefour to Deploy Contactless Technology Hypercom

Global retailer Carrefour has closed a deal with payment technology company Hypercom.

Electronic Purse Expected to Become Operational in March

The EasyCard, a contactless smartcard system for use on the Taipei MRT system, will soon become an electronic purse that can be used to purchase small-value items, the card's issuer, Taipei EasyCard Corp., said Friday.

Talks Under Way to Use Mobile Phones as Debit Cards

Mobile phones will soon be heard ringing at the tills as plans are finalized so that they can be used as debit cards.

Former NXP Exec Duverne Joins FCI

Christophe Duverne, former head of NXP Semiconductor’s contactless chip unit, has been named head of the Microconnections division of France-based FCI.

Orange Moves into Financial Services Space

As a prelude to their planned introduction of mobile payment, mobile operator France Telecom-Orange UK and credit card issuer Barclaycard have launched a contactless credit card.

G&D Says Venyon Buyout Shows NFC Commitment

Dec 10 2009

In buying out its joint venture partner Nokia, German smart card maker Giesecke & Devrient said it remains committed to the trusted service management business, despite delays in rollouts of Near Field Communication services.

RIM Supports BlackBerry Contactless Sticker Trial

Research In Motion, maker of BlackBerry smartphones, is participating in a mobile-payment trial with contactless MasterCard PayPass stickers and a tie-in to its e-mail service.

NXP Licenses Contactless IC Technology to ST

European chip vendors NXP BV and STMicroelectronics NV have announced a licensing agreement for NXP's Mifare contactless IC technology.

HEADLINE NEWS

Cubic Expands Agreement with Moovit, Seeking to Drive More Use of Mobile Apps by Transit Agencies

NFC TIMES Exclusive Insight – U.S.-based Cubic Transportation Systems and Israel-based trip planning app provider Moovit, now owned by Intel, have expanded their partnership to develop mobile services for transit agencies, seeking to enable transit customers to “look, book and pay” for multimodal journeys.

Brussels Latest European Capital to Launch Open-Loop Fare Payments

NFC TIMES Exclusive Insight – Major Brussels transit operator STIB-MIVB plans to begin accepting contactless EMV credit and debit cards and NFC wallets on Wednesday, the latest European capital to launch open-loop payments following the success of the technology as demonstrated in London.

In-Depth: Boston Transit Agency Seeks to Put Massive Fare-Collection Project Back on Track

NFC TIMES Exclusive Insight – The massive new fare-collection system planned by Boston’s Massachusetts Bay Transportation Authority, or MBTA, which will include open-loop contactless payments and an expanded closed-loop program, has had trouble getting off the ground. Late last week, the transit agency finalized its “reset” of the project, agreeing to increase the contract by nearly 30% to just over $935 million and to add two more years to the rollout schedule–all in hopes of getting the project back on track.

With E-Commerce Skyrocketing, Tokenized Transactions Expected to Soar, as Well

NFC TIMES Exclusive Insight – As more consumers buy online, and to a lesser extent use mobile wallets for in-store purchases, because of the coronavirus pandemic, tokenized card transactions are expected to increase dramatically.  

Software-as-Service Platforms for Transit Agencies Begin to Support Open-Loop Payments

NFC TIMES Exclusive Insight – In what is believed to be a first, a transit agency in Europe plans to accept contactless credit and debit cards using a third-party software-as-a-service platform this summer, UK-based platform provider Masabi told NFC Times, although the company declined to name the agency. The project is expected to begin as a pilot.

Apple Launches Overdue Octopus Payments Service in Hong Kong, as It Continues to Seek More Transit Applications for Wallet

NFC TIMES Exclusive Insight – Apple today finally launched its Octopus transit payments service in Hong Kong on Apple Pay, nearly a year after the service was originally announced and more than two years after rival Samsung introduced a similar service in the market.

Mastercard: Contactless Payments in Europe Approach 80% of Card Transactions; Pandemic Causes More Consumers to Shun Cash

NFC TIMES Exclusive Insight – While contactless payments in Europe were already commonplace and continue to grow, the Covid-19 pandemic has created even more interest in the technology among consumers, according to a report released Thursday by Mastercard. The report includes a survey showing that consumers in eight major European markets say they use NFC-enabled smartphones and wearables for a combined 32% of all contactless transactions, a spokeswoman confirmed to NFC Times.

UPDATED: Ohio-Based Transit Agency Group Planning to Enable Mobile Ticketing Through Uber App

Jun 3 2020

NFC TIMES Exclusive – A consortium of 13 small and mid-tier transit agencies in Ohio and Northern Kentucky plans to enable customers to buy public transit tickets directly in the Uber app as early as this summer, following two other U.S. transit agencies, in Denver and Las Vegas, which have already integrated with Uber.

Samsung Details Planned Mobile-Money Service as It Seeks to Keep Pace with Rival Apple Pay

NFC TIMES Exclusive Insight – Samsung offered more details today about its Samsung Money debit card and “mobile-first” money management service for its Samsung Pay app, which it plans to launch in the U.S. this summer with personal finance fintech SoFi. Samsung had disclosed plans for the new service earlier this month.

Networks: Contactless Transactions Soar as Pandemic Takes Toll on Cash

NFC TIMES Exclusive Insight – In announcing their respective quarterly results this week, both Visa and Mastercard, as expected, discussed the major disruption that Covid-19 is wreaking on the payments business. But they also noted that there is one unexpected victim of the pandemic: cash.

Prompted by Pandemic Fears, Last of Australia’s Big Four Banks Ends Apple Pay Holdout

May 12 2020

NFC TIMES Exclusive Insight – Citing the increased demand for cashless payments because of the Covid-19 pandemic, Westpac today became the last of Australia’s big four banks to adopt Apple Pay, ending a four-year holdout that had lasted months, even years longer than its major rivals.

Insight: MaaS Backers Believe New Mobility Platforms Could Help Transit Providers Win Back Their Customers’ Trust

NFC TIMES Exclusive Insight – With Covid-19 lockdowns causing mass transit ridership in many cities to virtually fall off a cliff–with such cities as London, New York and San Francisco reporting drops of more than 90%–transport providers worry that some riders may not come back, even after the pandemic ends.