Smart card and security company Gemalto this week joined the CAC 40 index in Paris, which counts as members such blue-chip French companies as Total, BNP Paribas, Carrefour and Airbus jet maker EADS.
ARM, Gemalto and Giesecke & Devrient today launched their joint venture, Trustonic, seeking to encourage broad deployment of technology that puts smart card-like security right on the main application processor of smartphones and other devices.
France-based Gemalto has announced its trusted service management contract with Telecom Italia, as Italy's largest telecom gears up for the launch of its NFC mobile wallet.
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.
European antitrust regulators have approved a planned joint venture by UK-based chip designer ARM and smart card and security companies Gemalto and Giesecke & Devrient.
PARIS, France – Smart card vendor association Eurosmart estimates the industry will have shipped nearly 100 million NFC-enabled SIM cards and embedded secure elements by the end of 2012–a figure it projects will double in 2013.
One of Hong Kong’s largest banks and a major telco have announced plans to commercially launch NFC payments during the first half of 2013, putting a MasterCard PayPass credit application onto SIM cards issued by PCCW mobile.
Vendors announced Monday they are supplying UK-based Vodafone Group with trusted service management services and mobile-wallet software, respectively, as the UK-based telco gears up for NFC commercial launches.
Gemalto CEO Olivier Piou predicted the France-based vendor would begin to see substantial recurring revenue from its trusted service management business starting in 2014 as mobile payment starts to roll out globally over the next three to five years.
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.
