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Telefónica in Talks with Card Schemes; Seeks Slice of Payments

Mobile operator group Telefónica and Visa Europe have an agreement to promote the rollout of co-branded cards and later mobile payment with NFC phones, according to a Telefónica executive, who said the telco seeks a share of transaction revenue.

Contactless Loyalty Scheme Gets Boost From Deal with Acquirer

A deal between loyalty-scheme operator Zapa Technology and Ireland’s largest merchant acquirer, AIB Merchant Services, could see Zapa’s contactless stickers rolled out more widely in Ireland and also gain a foothold in the United Kingdom.

NatWest Bank Drops Out of O2 Money Partnership

NatWest bank is dropping out of its O2 Money partnership with mobile operator Telefónica O2, leaving the telco looking for a new partner with which to offer prepaid payment cards and, later, NFC services in the competitive UK market, NFC Times has learned.

Innovision CEO Steps Aside as Acquisition by Broadcom Moves Forward

UK-based NFC technology company Innovision announced today its CEO, David Wollen, has left the company, as the acquisition of Innovision by U.S.-based chip maker Broadcom moves forward.

Smartphone Chip Maker Announces Intent to Buy Innovision

U.S.-based Broadcom, which reportedly supplies wireless chips for Apple’s iPhone and iPad, among other devices, announced plans to acquire UK-based NFC technology company Innovision Researc

Inside Confirms Agreement to Buy Atmel Chip Unit

Jul 3 2010

Inside Contactless today announced it has agreed to purchase U.S.-based Atmel Corp.’s smart card chip unit for an undisclosed price–a move that is expected to triple Inside’s sales and give it much-needed technology to stay competitive with its larger European rivals.

HID Global and Inside Contactless to Offer NFC Corporate Badges

U.S.-based HID Global, a major supplier of contactless access-control cards, plans to introduce its high-end corporate ID application on NFC phones using chips from Inside Contactless, the companies announced today.

French Vendor Hopes to Make Noise with Sound-Based M-Payment

You might call it the un-NFC technology.

Inside Contactless Plans to Acquire Atmel Smart Card Chip Unit

France-based Inside Contactless plans to acquire the smart card chip business of Atmel Corp., enabling the struggling contactless and NFC chip supplier to enter new markets, including chips for EMV banking cards, even SIMs, NFC Times has learned.

Innovision Notches a New Contract; Seeks to Broaden Reach for Its NFC IP

UK-based NFC chip technology and tag company Innovision today announced another contract for its NFC chip designs with what the company described as a major semiconductor supplier.

Profiles

Citi has never been sold on contactless-card payment like rival New York-based bank JPMorgan Chase. But Citi has made up for it with its interest in NFC.

It seems just a matter of time before Telefónica O2 UK launches NFC commercially.

MasterCard spearheaded the move to contactless-card payment in the U.S. with its PayPass technology.

A designer of NFC chip technology and maker of NFC tags, Innovision has a relatively low profile in the NFC industry. But that could change in a couple of years if the company’s vision pays off.

The U.S.-based card company Visa Inc. and its separate bank-owned affiliate, Visa Europe, share a brand and intellectual property on contactless payments and NFC.

France-based fabless chip supplier Inside Contactless had an inside track to the NFC market a couple of years ago as the first supplier of NFC chips supporting early versions of the single-wire protocol.

While contactless retail payment in the UK has been slow to take off, don’t blame Barclaycard or its parent Barclays PLC.

To those who criticize Nokia for the rather bland handsets it has outfitted with NFC and put onto the market, the handset maker responds–with some justification–that it has done more than any other phone maker to advance NFC technology.

No one can say Japan’s dominant mobile operator, NTT DoCoMo, lacks vision or the determination to transform the Japanese market.

Billing itself as one of Turkey’s largest privately held bank by assets, Garanti has been the most aggressive when it comes to rolling out contactless payment in Turkey’s innovative banking market.

German smart card supplier Giesecke & Devrient has been interested in contactless-mobile technology for years.

Twinlinx CEO Jacek Kowalski was too far ahead of his time when he co-founded contactless chip supplier Inside Contactless in late 1995.

The French have been doing a lot of deep thinking about how NFC should work when it’s rolled out.

The most important trade group promoting Near Field Communication, the NFC Forum sets standards for the technology and evangelizes its uses.

The European Telecommunications Standards Institute sets standards for the mobile technology used in nearly 4 billion mobile phones worldwide, and each one requires a SIM card.

Since its creation in 2006 from the merger of the two largest smart card makers at the time, Gemalto has billed itself as “the world leader in digital security.”

Co-creator of NFC with Sony and still the dominant supplier of contactless chips for transit cards worldwide, the Netherlands-based chip maker has taken a few hits of late.

Discover’s Zip contactless application is accepted at 70,000 merchant locations in the U.S. But you won’t have seen anyone tapping with Zip to pay.

Cassis International is one of the earliest entrants in the gold rush to offer trusted service management services and platforms.

While it launched NFC with Philips (now NXP) Semiconductors in 2002, Sony Corp. has produced few actual NFC chips.

Latest News

Another U.S. Bank Plans to Test Payment with Contactless microSDs

Wells Fargo bank will reportedly test contactless-mobile payment this fall in association with Visa Inc., using microSD cards and a payWave application onboard.

China Brewing Mobile-Payment Standard

The Ministry of Information Technology and Industry is looking to rally its nascent mobile payment industry around a single technology standard with the hope of cashing in on the world's largest mobile population. (TMCnet)

Broadcom Sees Innovision Acquisition as ‘Perfect Timing’

U.S.-based Broadcom, a maker of chips for smartphones and other consumer electronics, has finalized its acquisition of UK-based NFC company Innovision and will likely have a product announcement by early next year.

Consumers Union Calls for Mobile-Payment Regulations

Consumers Union, the nonprofit publisher behind Consumer Reports magazine, is calling on federal regulators to take measures guaranteeing that existing consumer protections are applied to new mobile payment solutions. (FierceMobileContent)

Bank of America to Test Contactless microSD Cards with Visa

Aug 20 2010

Another bank in the United States has disclosed plans to test contactless-mobile payment using microSD cards. (Updated).

Contactless Loyalty Scheme Gets Boost From Deal with Acquirer

A deal between loyalty-scheme operator Zapa Technology and Ireland’s largest merchant acquirer, AIB Merchant Services, could see Zapa’s contactless stickers rolled out more widely in Ireland and also gain a foothold in the United Kingdom.

Standard Seeks to Create More Secure PIN Entry for NFC Payment

As prospects for NFC-based mobile payment heat up, banks and payment brands are left with the problem of how to secure high-value transactions.

U.S. Telco Joint Venture Now Looking for Phones, CEO

Major U.S. mobile carriers planning to launch an NFC-based payment service have been ramping up hiring and are preparing to order NFC phones, but are still looking for a CEO, sources told NFC Times.

Turkish Bank Seeks to Launch microSDs with Visa payWave

Aug 5 2010

Turkey’s Akbank is planning to launch contactless microSD cards to customers with Visa payWave onboard, which would be a first in Europe.

U.S. Mobile Operators Plan For 2011 Launch of NFC Payment

Aug 3 2010

U.S mobile carriers Verizon, AT&T and T-Mobile USA hope to launch precommercial trials of their planned mobile-payment service in the third quarter of 2011, sources told NFC Times.

NatWest Bank Drops Out of O2 Money Partnership

NatWest bank is dropping out of its O2 Money partnership with mobile operator Telefónica O2, leaving the telco looking for a new partner with which to offer prepaid payment cards and, later, NFC services in the competitive UK market, NFC Times has learned.

Hong Kong E-Payment Firm Admits Selling Customer Data

Aug 5 2010

Hong Kong's Octopus Holdings has admitted to selling its customers' personal information since January 2006 and pocketing HK$44 million (US$5.7 million) from doing so. (ZDNet Asia)

U.S. Telcos and Banks Attend Informal Meetings Convened by Fed

Aug 2 2010

While major U.S. banks and mobile operators are not apparently working together on mobile payment, they have attended meetings together convened by U.S. central bank officials, who want the parties to reach common ground on standards, infrastructure and business models.

Innovision CEO Steps Aside as Acquisition by Broadcom Moves Forward

UK-based NFC technology company Innovision announced today its CEO, David Wollen, has left the company, as the acquisition of Innovision by U.S.-based chip maker Broadcom moves forward.

Man Behind Toronto Transit's Push for 'Open Payment' Sticks to His Guns

The New York-based transit guru behind the Toronto Transit Commission's controversial move toward “open payment” says he believes the electronic fare system would cost Toronto “a small fraction” of the cost of adopting the province’s Presto smart card. (Toronto Star)

First Forum on NFC Bridge Technologies Planned for Taipei

With interest growing in NFC but few NFC phone models yet on the market, such NFC bridge technologies as contactless stickers, microSDs and SIMs with flexible antennas are attracting more and more attention from service providers and telcos.

Thai Bank and Telco Involved in Follow-Up NFC M-Payment Trial

Jul 21 2010

France-based Gemalto announced it is serving as trusted service manager for what appears to be a small NFC mobile-payment trial in Thailand involving a bank and mobile operator.

M-Payment Start-Up Trades MicroSDs for Passive Stickers

U.S.-based mobile-payment start-up RFinity is adopting passive-contactless stickers for its payment project in and around a university campus in Idaho, changing an earlier plan to expand its pilot using contactless microSD cards.

Korean and Japanese Telcos Plan Interoperable NFC Services

South Korea’s No. 1 mobile operator SK Telecom today announced an agreement with Japan’s second and third largest telcos for interoperable NFC payment and loyalty services.

U.S. Retailer Group: NFC Could Boost Store-Branded Cards

Near Field Communication could help give retailers a new edge in the “wallet-share war” they have been losing for years to banks and their open-loop payment card brands, according to a new report from the giant National Retail Federation.

HID Global and Inside Contactless to Offer NFC Corporate Badges

U.S.-based HID Global, a major supplier of contactless access-control cards, plans to introduce its high-end corporate ID application on NFC phones using chips from Inside Contactless, the companies announced today.

French Minister of Industry Confirms Support for NFC Cities

Christian Estrosi, France’s minister of industry, has confirmed government support for three to five more cities to launch NFC services in France next year, following the precommercial NFC launch in Nice this spring.

Dutch Banks and Telcos to Move Forward on M-Payment Project

Jul 8 2010

Three major Dutch banks and three mobile operators have decided to move forward with planning for an NFC mobile-payment launch in the Netherlands, NFC Times has learned.

French Vendor Hopes to Make Noise with Sound-Based M-Payment

You might call it the un-NFC technology.

Visa Europe: UK Contactless Card Growth Exceeds Expectations

Jul 7 2010

Visa Europe today predicted the number of Visa-branded contactless cards on issue in the United Kingdom will reach 12 million by the end of the year, about 2 million more than previously projected.