Topic “Inside Secure”

Inside Secure CEO: Greek Financial Crisis Delayed IPO

Jun 28 2011

Inside Secure CEO Rémy de Tonnac said the chip supplier’s decision to postpone its planned initial public offering was based solely on the financial crisis in Greece and the uncertainty it is creating on world markets.

Inside Secure Announces Plans to Go Public

May 17 2011

France-based NFC chip supplier Inside Secure took its first official step toward an initial public offering, filing registration papers with French regulators for its planned listing on the NYSE Euronext exchange in Paris later this year.

Inside Secure Reportedly Hires Banks for Planned IPO

France-based NFC chip supplier Inside Secure has reportedly hired two investment banks to help it prepare for an initial public offering.

NXP CEO: Google Has High Hopes for Android NFC Shipments

NFC phone shipments could approach 100 million units this year if Google’s rosy projections for Android NFC smartphone shipments come to pass, NXP Semiconductors CEO Richard Clemmer said during a conference call following release of the chip maker’s first quarter results.

RIM Announces First NFC-Enabled BlackBerrys

Research in Motion, as expected, has announced its first two NFC-enabled BlackBerrys, as it kicks off its BlackBerry World conference scheduled for this week in Orlando, Fla.

U.S. Contactless Card Vendor Adds NXP as Chip Supplier

CPI Card Group, the largest supplier of contactless payment cards in the U.S. market, has announced it would begin buying contactless chips from NXP Semiconductors, which would represent a new second source of supply.

ZTE Chief: No Plans Yet for NFC Rollout

BARCELONA – The head of China-based telecom equipment maker ZTE told NFC Times the company will supply NFC-enabled phones in response to orders from mobile operators, but does not plan to include the technology in phones as a default feature.

Inside Secure Improves Earnings; Writes Off NFC Chip Inventory

France-based Inside Secure reported smaller operating losses for 2013, though mainly on an adjusted basis and wrote off $3.6 million in NFC controller chips it had on hand as it continues to exit the market for the chips.

Inside Modifies Corporate Structure, as It Continues to Pull Back from NFC Controller Market

NFC Times Exclusive: Inside Secure has reorganized its business units, as it continues to refocus its strategy toward embedded security while pulling back from the NFC controller market.

Inside to Support Mifare Classic on New Embedded Chip without License; Will NXP Try to Stop It?

Aug 27 2013

NFC Times Exclusive: Chip supplier Inside Secure plans to support Mifare Classic on its new embedded secure element for NFC phones and contends it does not need a license from Mifare owner NXP Semiconductors because the technology is in the public domain. A representative of NXP warned against the move.

HEADLINE NEWS

Australian Transit Agency to Launch Mobility-as-a-Service Trial as It Pursues Long-Term MaaS Strategy

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: U.S. Transit Agency Seeks to Reduce–Though Not Eliminate–Cash Acceptance with New Fare-Collection System

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.

UK Government Seeks to Bring London-Style Contactless Fare Payments System to Other Regions

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.

More Cities in Finland Expected to Move to Open-Loop Fare Payments

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 Expands Test of ‘Virtual Troika’ in Pays Wallets, as It Continues to Develop Digital-Payments Services

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.

Ohio Transit Agency Expects Significant Revenue Loss as it Builds Equity with Fare Capping

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.

Special Report: Interest Grows in ‘White-Label EMV’ for Closed-Loop Transit Cards

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.

Swedish Transit Agency Launches Express Mode Feature for Apple Pay, though Most Ticketing Still with Barcode-Based App

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.

Major Bus Operators in Hong Kong Now Accepting Open-Loop Payments–Adding More Competition for Octopus

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.

Moscow Metro Launches Full Rollout of ‘Face Pay;’ Largest Biometric Payments Service of Its Kind

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

Indonesian Capital Seeks to Expand to Multimodal Fare Collection and MaaS

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.

Exclusive: NFC Wallets Grow as Share of Contactless Fare Payments and Not Only Because of Covid

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.