Topic “Gemalto”

Apple Pay Launch in Japan Features New Tokenization Providers

NFC Times Exclusive Insight ­– Apple Pay launched Monday in Japan as Apple’s 12th market for its mobile payments service and the first to support closed

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.

Gemalto Suffers Hit in 2015 from Softcard Closure; Restructures U.S. TSM Unit

NFC Times Exclusive Insight – Although reporting positive overall results for 2015, France-based Gemalto today said SIM revenue fell by 17% and mobile-financial services revenue dropped by 8% for the year, both of which it blamed at least in part on the closing of the U.S. Softcard joint venture last year.

Gemalto Continues to Promote Cloud-Based Payments Offer, Though No Commercial Projects Launched Yet

Jan 20 2016

NFC Times Exclusive Insight – France-based Gemalto, which has been heavily invested in trusted service management and NFC SIM cards in the past, is continuing to push cloud-based payments, announcing certification by MasterCard for its full host card emulation offer–with the help of technology from Moroccan-based payments software company HPS.

Case Study: Norway’s Valyou Wallet–What Went Wrong

NFC Times dissects the challenges and problems that killed the once-touted Valyou wallet service after only 13 months of operation.

NFC Times Exclusive – When Norway’s largest telco, Telenor, and its biggest bank, then called DnB NOR, announced plans to form an NFC joint venture in April of 2008, the future of NFC payments using SIM cards looked promising, but it was too early to launch service.

While Competition Heats Up Among HCE Vendors, Published Certification Lists Remain Thin on the Ground

Nov 6 2015

NFC Times Exclusive – MasterCard has released its first list of certified vendors for host card emulation products supporting its cloud-based payments specifications, though the list includes relatively few suppliers so far. Meanwhile, neither Visa nor MasterCard has apparently certified tokenization suppliers.

Mozido Tops Gemalto to Win Taiwanese HCE and Tokenization Contract

NFC Times Exclusive A joint venture of Taiwanese banks and banking groups has chosen U.S.-based Mozido to supply it with host card emulation, tokenization and wallet technology, a surprise win for Mozido, which bought the U.S. mobile commerce arm of South Korean IT services firm SK C&C less than a year ago, NFC Times has learned. 

Shutdown of Softcard Costs Major Technology Supplier Gemalto Millions

Aug 28 2015

NFC Times Exclusive Insight – France-based Gemalto estimates it is losing around €30 million (US$33.8 million) in revenue per quarter from the closing of the Softcard mobile-payments service in the U.S. last March–a setback that will end up costing the vendor nearly €100 million in lost sales this year and around €50 million in profit.

TSM Banking Group Joint Venture Accepts Bids for HCE and Tokenization

Aug 5 2015

NFC Times Exclusive – Taiwan’s TSM banking joint venture has received proposals from at least four vendors to supply a wallet platform with host-card emulation, as well as tokenization technology, as the group seeks to expand its thus far little-used TSM platform to offer its member banks the ability to launch cloud-based NFC payments by the end of 2015, NFC Times has learned.

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

Apple Pay Launches in Spain with Support from Santander, Mastercard and American Express

NFC Times Exclusive Insight – Apple has continued to expand its NFC payments service, today launching Apple Pay in Spain, with participation from one of the country’s biggest banks, Banco Santander, and two payments networks, Mastercard and American Express.

Australian Antitrust Regulators Reject Big Banks’ Request for Collective Negotiations With Apple

NFC Times Exclusive Insight – In a draft decision, the Australian Competition and Consumer Commission has denied a request from four major banks for permission to negotiate collectively with Apple and boycott participation in Apple Pay during the discussions, with regulators expressing concern that such a position “could reduce or distort competition in a number of markets.”

ABN AMRO Launches HCE Wallet Commercially Following Pilot; Manager: Testing Vital to Ensure NFC Phones Work with POS Terminals

NFC Times Exclusive - AMSTERDAM, the Netherlands: ABN AMRO is the third and last of the Netherlands’ big three banks to launch its own mobile wallet, launching service today for its Maestro debit cardholders, the bank confirmed to NFC Times.

Exclusive: Two More Polish Banks Prepare to Launch HCE Payments

Nov 24 2016

NFC Times Exclusive – Two more Polish banks plan to launch mobile payments using host card emulation technology, NFC Times has learned, adding to a growing list of mobile payments services in Poland, which saw the launch of its first “Pays” service last week with the introduction of Android Pay.

Android Pay Launches in Contactless Hot Spot Poland, but Cards from Only One Major Bank Available to Start

NFC Times Exclusive Insight – Google has expanded its mobile payments service into a sixth market, Poland, targeting the country’s high penetration of contactless point-of-sale terminals. In-app payments will follow, according to the search giant.

Long-Struggling OTI Makes Progress Toward Achieving Profitability; Still Refuses to Give Guidance

NFC Times Exclusive Insight – After years of effort, Israel-based contactless reader and NFC vendor On Track Innovations achieved a rare quarterly operating profit from continuing operations, thanks to cost cutting and a high gross margin, helped by a onetime licensing fee. But it still showed a net loss and the cost reductions may have bottomed out.

Citigroup Announces Citi Pay HCE App as Expected; Launch in U.S. Delayed until Early Next Year

NFC Times Exclusive Insight – As NFC Times reported a month ago, U.S.-based Citigroup is the latest bank with plans to launch an HCE-enabled mobile wallet for Android phones, “Citi Pay,” which will launch in Asia-Pacific first then in the U.S., using Masterpass technology.

Intesa Sanpaolo Expands HCE Mobile Payments Services to Five Countries

NFC Times Exclusive Insight – Intesa Sanpaolo, Italy's largest retail bank, launched its HCE-enabled mobile wallet service in a fifth market, Serbia, in October through its local subsidiary Banca Intesa Beograd and claimed a country first by deploying an HCE-based payments service branded as Wave2Pay.

Samsung Pay Launches Quietly in Canada with ‘Early-Access’ Service from One Major Bank, CIBC

NFC Times Exclusive Insight – One of Canada’s big five banks, CIBC, launched Samsung Pay this week, making its Visa-branded credit cards available as part of an “early-access” launch that Samsung itself hasn’t yet announced.

Samsung Discloses Plans for Samsung Pay Launch in Taiwan; Apple Pay Launch Expected on Island Nation Soon

Nov 9 2016

NFC Times Exclusive Insight – Samsung today disclosed plans in a local forum to launch Samsung Pay in Taiwan next year with several banks and a closed-loop payments service, iPASS, which could be used for transit fare collection. The launch is expected around the first quarter.

Samsung Seeks Global Reach for NFC Transit Ticketing But Must Overcome Tech Challenges, Lack of Standards

NFC Times Exclusive – Samsung has been considering introducing NFC transit ticketing in every market where it has launched Samsung Pay, including the U.S., an

Square Plans to Make Square Cash Available in Apple Pay Wallet to Enable Customers to Tap to Pay in Stores

NFC Times Exclusive – Payments company Square is preparing to make its Square Cash service available as a prepaid payment application for Apple Pay in the U.S., which would enable Square Cash money-transfer users to tap for purchases in stores, NFC Times has learned.