Topic “Giesecke & Devrient”

Analysis: It's Likely Too Little, Too Late for LG Pay

Jul 25 2019

NFC TIMES Exclusive Insight – It was the fall of 2015, and interest in the Pays wallets was burgeoning. Google and Samsung had each launched their respective payments services in September of 2015 in the U.S., following introduction of Apple Pay a year earlier.

Golden Globes Trophies Get Provisioned Like Payments Wearables to Ensure Authenticity

NFC TIMES Exclusive – The 76th Annual Golden Globes held Sunday featured the usual share of Hollywood celebrities preening for the cameras, showing off their new designer gowns and latest nips and tucks, while holding their trophies high if they won.

Swatch Pay One of the First Low-Tech Payments Wearables That Can be Provisioned After the Sale: How It Works

Jul 21 2017

NFC TIMES Exclusive Insight – While such smartwatches as the Apple Watch are routinely provisioned with payments cards after they are in the hands of consumers, that hasn’t been the case for low-tech analog watches. Swatch Pay could change that.

Analysis: STMicroelectronics Seeks to Stay Competitive in Payments Wearables Market with Provisioning Partnership

Jan 14 2017

NFC Times Exclusive Insight Chip maker STMicroelectronics has been gearing up to make a play for the payments wearables market, an initiative punctuated by its announcement last week that it is working with Germany-based Giesecke & Devrient and payments wearables technology start-up FitPay to streamline provisioning of card credentials on its embedded chips.

Restructuring Helps G&D Turn Around Financial Results from Gloomy 2014

NFC Times Exclusive Insight – Germany-based Giesecke & Devrient turned around its financial results in 2015, including its money-losing banking and SIM card unit, thanks mainly to restructuring and higher shipments of EMV bank cards to China and the U.S., the privately held company disclosed Tuesday. 

Did Low-Cost HCE Project in Taiwan Get a Low-Cost Vendor?

NFC Times Excusive – When Taiwan’s No. 3 credit card issuer, E.Sun Commercial Bank, held a press conference with Visa Dec. 28 to announce it was the first bank on the island nation to launch HCE-based mobile payments commercially, it also presented Hewlett Packard Enterprise as its technology supplier for the project.

Provisioning Companies for Payments Wearables Say Devices Headed to Market; Tokenization Key to Achieving Scale

By: 
Dan Balaban

NFC Times Exclusive Insight – As payments companies pin their hopes on wearables becoming the next wave of portable payments devices, not surprisingly there is more hype than substance when it comes to commercial launches.

No. 3 Taiwanese Issuer Seeks to Outflank Larger Rivals with Own HCE Service; Picks Visa Over MasterCard to Sponsor Launch

Dec 29 2015

NFC Times Exclusive Insight – TAIPEI, Taiwan: Taiwan’s third largest credit card issuer, E.Sun Commercial Bank, today announced the launch of mobile payments with host card emulation, the first bank on the island nation to launch HCE commercially. NFC Times had reported the planned launch Dec. 3.

Oberthur Sales Expected to Grow This Year Following Flat 2014; Vendor Seeks Higher Profits to Reduce Debt

NFC Times Exclusive – Oberthur Technologies, the No. 2 smart card vendor globally and a major bank card and SIM supplier, had flat sales in 2014, blamed mainly on lower revenue in its telecom business unit from falling prices for lower-end SIM cards, slow sales of NFC SIMs and a hiatus in its contract to supply embedded chips to Samsung.

Gemalto CEO: TSM Revenue to Fall in 2015; Won't Pick Up Until Next Year, Likely with New Technologies

NFC Times Exclusive Insight – Gemalto CEO Olivier Piou said revenue from the vendor’s trusted service management business fell in the first quarter and would stay down for the rest of the year, while indicating Gemalto is no longer seeing many TSM tenders from telcos.

HEADLINE NEWS

Insight: Apple’s Long Game Pays Off, Conquering Resistance to Apple Pay from Banks in Europe and Beyond

NFC TIMES Exclusive Insight – It’s coming up on six years since Apple announced its groundbreaking digital-payments service, Apple Pay. And while consumer adoption remains a work in progress, Apple has had considerable success gaining participation from banks and other issuers in what is now more than 50 countries worldwide.

Transit Agency in Canada Plans to Launch Mobile Ticketing, Citing Covid Fears

NFC TIMES Exclusive Insight – Another transit agency in Canada has announced it will enable mobile ticketing, along with reloadable contactless cards, citing in part the Covid-19 pandemic and the desire to reduce the use of cash, vending machines and customer interaction with agency staff.

Biggest U.S. Supermarket Chain Trials Contactless as Covid-19 Fears Increase Demand for ‘No-Touch Payments’

NFC TIMES Exclusive Insight – The announcement by The Kroger Co., the largest supermarket chain in the U.S., that it has begun trialing contactless payments in a subsidiary indicates that one of the last major holdouts among big U.S. merchants will eventually accept such NFC payments services as Apple Pay and Google Pay, as well as contactless bank cards.

Southern California Transit Agency to Sell Tickets Via Google Maps and Google Pay; Others Expected to Follow

NFC TIMES Exclusive Insight – There’s more evidence that popular trip-planning apps Transit, Moovit and Google Maps are seeking to expand further into mobile ticketin

Insight: Apple Buys Mobile-POS Firm as It Seeks to Expand Acceptance of Contactless Payments

NFC TIMES Exclusive Insight – In a move seeking to expand the base of merchants that can accept its payments service, Apple Pay, Apple has reportedly acquired Montreal, Canada-based mobile POS company Mobeewave, which could enable small shop owners, restaurants and street vendors, among others, to more easily accept contactless EMV cards and NFC mobile wallets.

Exclusive: Google Tests Mobile Ticketing Initiated in Maps App; Could Lead to Mobility-as-a-Service Offer?

Jul 23 2020

NFC TIMES Exclusive – Three small public transit agencies in the U.S. are quietly testing use of Google Maps and Google Pay to enable customers to first plan then pay for tickets. It’s believed to be the first pilots of its kind for Google, a move that could mean the search giant plans to compete with such popular trip-planning apps as Transit and Moovit, which are starting to enable public transit ticketing and payments, NFC Times reports.

Los Angeles Transit Authority to Support Closed-Loop TAP Card in Both Apple Pay and Google Pay

Jul 17 2020

NFC TIMES Exclusive Insight – The Los Angeles County Metropolitan Transportation Authority, or Metro, plans to introduce an Android version of its TAP closed-loop fare card, with a virtual TAP card for the Google Pay wallet, a Metro spokesman confirmed to NFC Times.

Uber Expands Mobile Ticketing to More U.S. Public Transit Agencies

NFC TIMES Exclusive – As expected, Uber today has expanded support for public transit ticketing in its app again, this time to a consortium of 13 small and mid-tier transit agencies in Ohio and Northern Kentucky–following two other U.S. transit agencies, in Denver and Las Vegas, which have already integrated with Uber–it was announced today. NFC Times had reported the planned move in late May. 

Open-Loop Fare Payments Rollouts Continue Post-Lockdowns, with Italy’s Fourth Largest City Latest to Launch Service

NFC TIMES Exclusive Insight – Another of Italy’s major cities has launched open-loop fare collection, with Turin enabling customers to pay for rides on its one-line metro and certain bus routes by tapping their contactless EMV credit and debit cards, along with smartphones and smartwatches supporting NFC payments services.

Calgary Transit Launches Mobile-Ticketing Service with Plans to Expand to Open Loop

NFC TIMES Exclusive Insight – Canada’s third largest city, Calgary, has introduced its first electronic fare payments service, offering mobile ticketing from a software-as-a-service platform provider, with plans to enable customers to pay for fares with their contactless EMV credit and debit cards and NFC wallets.

As E-Commerce Surges, Major U.S. Payments Networks Announce Plans to Expand Click to Pay Globally

NFC Times Exclusive Insight – As e-commerce continues to grow in importance as Covid-19 lockdowns ease, four major U.S. payments networks announced today they are laying the groundwork to expand their uniform e-commerce checkout platform internationally.

Transit Payments Company Head: Apple and Google Positioned to Take Bigger Piece of Payments Industry

NFC TIMES Exclusive Insight – The head of transit payments gateway and processor Littlepay said he believes that Apple and Google are well-positioned to take a “big bite out of the payment chain,” which could change their relationship with payments networks Visa and Mastercard from one of collaboration to one of competition.