Topic “Joint ventures”

Taiwanese Telco Joint Venture Steers Course Away from TSM; JV President Blames Vendor Safran

Jul 11 2016

NFC Times Exclusive – Alliance Digital Technology Co., the joint venture of five Taiwanese mobile operators and transit fare-collection operator EasyCard Corp., is steering away from the TSM business, which was the reason it formed three years ago, NFC Times has learned. It will add a focus on providing mobile ID and authentication, the JV told NFC Times.

Taiwanese Regulators Approve NFC Joint Venture, but with Conditions

Jan 29 2013

Taiwan’s Fair Trade Commission has approved a joint venture among Taiwan’s five mobile operators and its major contactless payments service provider, EasyCard Corp., to build an NFC payments platform, but with conditions.

ARM, Gemalto and G&D Launch Joint Venture to Try to Capitalize on Mobile Security

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.

EU Regulators Approve UK Telco Joint Venture; Clears Way for NFC-Based Wallet Platform

The European Commission announced today it has unconditionally approved the creation of a proposed mobile-commerce joint venture by the three largest operators in the UK, Everything Everywhere, Telefónica UK and Vodafone UK.

Dutch Telcos and Banks Drop Plans for NFC Joint Venture

Jul 20 2012

Dutch mobile operators and banks have decided not to form a joint venture to roll out NFC services together, saying “developments in the market” were responsible for ending the deal that was nearly three years in the making.

Doubts Raised for Proposed NFC JVs in Europe as Regulators Probe UK’s Project Oscar

Apr 17 2012

A decision by the European Commission to launch an in-depth investigation into the proposed NFC m-commerce joint venture by the United Kingdom’s three largest mobile operators could create delays in NFC rollouts in the UK and problems in other European countries, where telcos are planning similar joint ventures.

New Zealand Telcos and Bank-Owned Processor Plan NFC Joint Venture

Apr 3 2012

New Zealand’s three mobile operators and its bank-owned payments processor have announced plans to form a joint venture to launch a centralized trusted service manager for the rollout of NFC services.

HEADLINE NEWS

Smaller Slovakian Bus Agencies Support Virtual Cards in Google Pay

Two mid-tier bus operators in Slovakia are among the latest to enable their customers to tap virtual closed-loop transit cards in Google Pay to pay fares, using a provisioning service from NXP Semiconductors.

Case Study: BONNsmart Project Seeks to Introduce Open-Loop Payments to Cash-Loving Germany

SWB Bus and Bahn, the transit agency serving the city of Bonn, is the first such operator in Germany to accept contactless EMV payments.

Moovit Moves Forward to Enable Ticketing and Payments in App with More Transit Agencies

NFC TIMES Exclusive – Large trip-planning app provider Moovit has enabled customers of more than 50 mostly small transit agencies in the U.S. to buy mobile tickets it its app, with more agencies to come, the company confirmed to Mobility Payments.

Cubic: Recent MaaS Company Failures among Signs Pointing to Need for ‘MaaS 2.0’

There is little disputing the fact that mobility as a service has not yet lived up to its hype. And the industry’s largest automated fare collection system provider, Cubic Transportation Systems, said it believes that going forward, public transit services need to form the backbone of MaaS platforms, along with enabling more demand-responsive transport.

State of California Seeks to Change Way Transit Agencies Procure Fare Systems

As the California Department of Transportation, or Caltrans, sees it, the state’s more than 300 local transit agencies offer a fragmented and inefficient mix of fare collection systems–a fact it says discourages many potential riders among the state’s nearly 40 million residents from taking public transit.

Google Launches Ticketing in Maps after Delays; but Search Giant Says It has No Plans to Build MaaS App

Google has finally enabled users to initiate purchases of public transit tickets from its Maps app, following delays. Meanwhile, rival trip-planning app providers Moovit and Transit have been quietly moving forward with signing up most of the same small U.S. transit agencies to sell tickets in their apps.

Washington, D.C.’s, SmarTrip Latest Closed-Loop Fare Card Added to Pays Wallet

NFC TIMES Exclusive Insight – The Washington Metropolitan Area Transit Authority, or WMATA, as expected, has added its closed-loop fare card SmarTrip to Google Pay, following support by Apple Pay for the card last year.

Open-Loop Payments Trial at Small California Transit Agency Could Lead to More Rollouts in Giant State

NFC TIMES Exclusive Insight – California public bus agency Monterey-Salinas Transit on Tuesday officially launched a six-month “demonstration” project to pilot contactless open-loop payments. While the agency is very small, providing only around 3,500 rides per day last year, the launch holds much greater significance.

Cubic Announces Two More Small Transit Agencies Launching Umo, as Company Seeks to Broaden Market Reach

NFC TIMES Exclusive Insight – U.S.-based Cubic Transportation Systems has announced contracts with two more small U.S. transit agencies to move to Cubic’s Umo ticketing platform, as the large automated fare-collection system vendor seeks to broaden its market reach.

In-Depth: Transit Agency Sells Passes for Bikes and Buses through Trip-Planning App, though Cash Still Reigns

NFC TIMES Exclusive Insight – RTC of Southern Nevada, the main transit agency serving Las Vegas and the surrounding region, now enables customers to buy passes for bike share in addition to tickets for buses through the trip-planning Transit app. Although the implementation is relatively small, project backers say Las Vegas is the first U.S. city to launch bike share and transit passes in the same app.

Budding MaaS App Hits Milestone for Public Transit Tickets but Share of Total Rides Still Low

NFC TIMES Exclusive Insight – U.S.-based trip-planning app Transit announced it has enabled 500,000 rides from its app for a group of 13 small to mid-tier transit agencies based in the state of Ohio, though mobile ticketing still makes up a small percentage of total rides provided by the agencies.

Insight: Apple Pay Launch of Virtual Closed-Loop Virtual Clipper Card Follows Emerging Trend

NFC Times Exclusive Insight – Although the trend for transit agencies to support open-loop fare payments, including with Apple Pay, Google Pay and other Pays wallets, has continued unabated–even accelerated–during the pandemic, another trend is taking shape: That of agencies adding virtual versions of their closed-loop fare cards into the Pays wallets.