NFC Times Exclusive: France-based Gemalto today reported higher revenue in the third quarter for its mobile-payments platforms as well as increased shipments of NFC SIMs and dual-interface banking cards.
NFC Times Exclusive: French mobile operators are delaying their nationwide rollout, citing interoperability problems among TSMs and SIMs provided by different vendors, among other issues, NFC Times has learned.
NFC Times Exclusive Analysis: France-based Gemalto has set an ambitious goal of doubling its operating profits by 2017, and the ramping up of trusted service management business is key to hitting that objective.
While not a replacement for the embedded chip or other secure elements in NFC phones, the trusted execution environment on ARM-based smartphone processors can complement security of NFC applications, noted U.S.-based Qualcomm.
Canadian mobile operator Telus Communications has developed an NFC-based physical- and logical-access control service, which it plans to trial with 500 employees this year before launching an offer.
France-based Gemalto today announced it has been hired by U.S. merchant group MCX to build the group's mobile wallet, which will support payment and other mobile-commerce applications.
France-based Gemalto is forecasting double-digit growth in revenue this year, following a strong 2012, in which it reported gains in both sales and profit and the first significant returns for its trusted service management business.
A MasterCard NFC payment pilot in Brazil, launched last week with Itaú bank, mobile operator TIM Brasil, point-of-sale terminal supplier Redecard, and France-based Gemalto, is expected to lead to a full rollout of mobile PayPass services in Brazil.
Research In Motion continues to promote its own trusted service management service–the only handset maker to offer one–announcing Wednesday approval by Visa of the service to manage secure elements on NFC phones.
Plans by Transport for New South Wales, Australia’s largest transit agency, to launch a trial enabling users to plan, book and pay for multimodal rides is the next step toward the agency’s long-ter
Updated: The Spokane Transit Authority in Washington state confirmed that its new fare-collection system will include contactless open-loop payments–with a beta test planned for next October, a spokesman told NFC Times' sister publication Mobility Payments.
The UK government’s plan to equip 700 rail stations over the next three years to accept contactless open-loop payments is a major initiative, as it seeks to replicate the success of London’s contactless pay-as-you go fare payments system elsewhere in the country–a goal that has proved elusive in the past.
A fourth city in Finland is beginning to roll out contactless open-loop payments, with “more in the pipeline,” according to one supplier on the project, making the Nordic country one of the latest hotspots for the technology.
Moscow Metro is recruiting more users to test its “Virtual Troika” card in two NFC wallets, those supporting Google Pay and Samsung Pay, as one of the world’s largest subway operators continues to seek more ways for its customers to pay for rides.
The Central Ohio Transit Authority, or COTA, officially launched its new digital-payments service Monday, including a fare-capping feature that the agency estimates will cost it $1.8 million per year in lost fare revenue, the agency confirmed to Mobility Payments.
As more transit agencies introduce open-loop fare payments, interest is starting to grow in use of white-label EMV cards that agencies can issue in place of proprietary closed-loop cards for riders who don’t have bank cards or don’t want to use them to pay fares.
Skånetrafiken, the transit agency serving one of Sweden’s largest counties, announced today it has expanded its contactless open-loop payments service to include the Express Mode feature for Apple Pay.
Two more bus operators in Hong Kong on Saturday launched acceptance of open-loop contactless fare payments, with both also accepting QR code-based mobile ticketing–as the near ubiquitous closed-loop Octopus card continues to see more competition.
Touting it as the largest rollout of biometric payments in the world, Moscow Metro launched its high-profile “Face Pay” service Friday, as expected, and predicted that 10% to 15% would regularly us
Indonesia’s capital Jakarta, whose metropolitan area is home to more than 30 million people, is notorious for its stifling traffic congestion. In response, the government metro and light-rail networks and now it is funding an expansion of the fare-collection system to enable more multimodal payments and to build a mobility-as-a-service platform.
Transit agencies that have rolled out open-loop contactless payments are seeing growing use of NFC wallets to pay fares, as Covid-wary passengers see convenience in tapping their phones or wearables to pay.
