Topic “Capital One”

Capital One Reveals Reasons for Quitting Isis, Early Role in Promoting HCE

Capital One Financial’s vice president of digital commerce has spelled out publicly for the first time why the large U.S. credit card issuer dropped its support for the Isis Wallet and also revealed the bank’s early role with MasterCard Worldwide in developing host-card emulation for payments.

HCE Moves Forward with Promise and Not a Little Hype

NFC Times Special Report, Part Two: 
Interest continues to run high in host-card emulation since Google announced it would support the technology in its new version of Android, but with few if any public pilots of open-loop payment and no waivers or certifications yet granted by the major payment schemes, the technology has some maturing to do.

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.

SPECIAL REPORT: Google Backs Host-Card Emulation, but Visa and MasterCard Could Hold Keys to Success

Nov 15 2013

NFC Times Special Report, Part One: In a move with potentially far-reaching implications for the NFC industry, Google has built support for host-card emulation into its new Android operating system, which could enable payments and other “secure” applications without a secure element.

Isis Provides Peek at New Wallet; Offers Simplified Interface for National Launch

NFC Times Exclusive: As it prepares to launch its national rollout, the Isis joint venture seeks to simplify the user interface for consumers to conduct payments and redeem offers and rewards with the second version of its mobile wallet.

Isis Delays Two-City NFC Trial; Asserts Telco, Issuer Support Remains Strong

The Isis joint venture has disclosed it will miss its deadline for launching its much-anticipated two-city NFC trial in the U.S., blaming small problems that it says could prevent it from “getting the customer experience right.”

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.

Isis Names First Set of Merchants for Trials in Two Cities

The Isis joint venture announced its first set of merchants for the planned trials of its NFC mobile wallet this summer in Salt Lake City, Utah, and Austin, Texas.

American Express Onboard for Isis Two-City Launch

American Express and Isis have announced that AmEx plans to participate in the two large NFC pilots Isis plans to launch this summer in Salt Lake City, Utah, and Austin, Texas.

Isis Announces Terminal Vendors as It Seeks to Spotlight M-Commerce Applications

Mar 9 2012

The Isis mobile operator joint venture has announced that four major point-of-sale terminal and contactless reader vendors have licensed its mobile-commerce application, as the venture gears up for its soft launch in two cities this summer.

HEADLINE NEWS

‘No Way We were Going to Ask for Half a Billion Dollars…’

Unlike other major transit agencies in the U.S., which have spent hundreds of millions of dollars replacing or upgrading their fare-collection systems, the Los Angeles County Metropolitan Transportation Authority has taken a different approach.

UK Bus Operator Go-Ahead Reports Cash Usage has Plummeted Because of Covid, While Contactless Transactions have Surged

The Go-Ahead Group, one of the big five privately owned public bus operators in the UK, said today it has seen cash usage on board the nearly 3,000 buses it runs in England outside of London fall to 23% of transactions, down from 53% three years ago.

Transit Operator Arriva Launches MaaS App in Netherlands; Hints at Expansion to Other European Countries

Arriva, one of the largest private transit operators in Europe, has launched a mobility-as-a-service app in the Netherlands, using white-label software from Israel-based trip-planning app provider

Cal-ITP: Agencies in California Could Hold ‘Several More’ Open-Loop Fare Payments Pilots

The California Integrated Travel Project, or Cal-ITP, is “on track to have at least several more” open-loop pilots or demonstration projects, a spokeswoman for the program told Mobility Payments.

Exclusive: Australia’s Transport for New South Wales Sees ‘Significant Increase’ in Use of Mobile Wallets by Riders

Mobile wallets now make up more than half of all contactless payments for Transport for New South Wales, Australia’s largest transit agency, the agency confirmed to Mobility Payments.

Start-Up Aims to Encourage More Taxi Drivers to Accept Bank Cards for Fares in Turkey

A Turkish start-up hopes to entice more taxi drivers to accept contactless credit and debit cards using SoftPOS terminals on Android smartphones, under a scheme being rolled out by the local fintec

Moscow Metro Launches Test of Facial Recognition Fare Payments Ahead of Rollout; Agency Says Masks Can Slow Verification

Moscow Metro announced that it is officially testing facial recognition-based fare payments at turnstiles, with plans to roll out the technology by the end of the year.

Major Transit Agency to Test Virtual Closed-Loop Cards with Google Pay

Aug 8 2021

Moscow Metro is launching a trial of a virtual version of its closed-loop Troika card that will be added to the Google Pay wallet, the agency announced Wednesday.

WMATA in D.C. Rolling Out New Terminals but has No Immediate Plans to Support Open Loop

The Washington (D.C.) Metropolitan Area Transit Authority last month started to replace 1,200 aging fare gates for its 91-station metro system and starting next year will do the same with 20-plus year-old fareboxes on board 1,500 buses, including upgraded readers for its closed-loop SmarTrip cards.

Visa Touts Growth in Contactless, Continues to Push Open-Loop Payments

Visa reported this week that contactless payments continued to climb as a percentage of all face-to-face transactions with its brand, mainly at retail, and among the uses the network is continuing to push for contactless is to pay for transit fares.

MaaS Global CEO: Transit Agencies Should Not Control MaaS Platforms

Sampo Hietanen, founder and CEO of Finland-based MaaS Global, agrees with most other industry experts that public transit should form the “core” of the mobility services on offer in any MaaS app or platform. But he contends that it would be a mistake for the agency itself to control the platform.

Case Study: German City First to Go Live with Check-in/be-out System in Country

Despite the growing popularity of contactless, NFC and QR-code technologies for electronic fare-collection, some transit agencies are experimenting with other technologies to collect fares.