Topic “Infineon Technologies”

In-Depth: As Mifare Alternative Cipurse Nears 10th Anniversary, Major Rollouts Prove Elusive So Far

Jul 12 2019

NFC TIMES Exclusive – The mid-tier city of Vinnytsia in the Ukraine is rolling out its first transit smart cards for payment of fares on buses and trams this summer, replacing cash, which riders have used for years.

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.

Samsung Pay Unpacked: Details on Samsung’s Planned Business Model, Architecture and Unannounced Banks Revealed

NFC Times Exclusive – NFC Times has learned new details about how Samsung intends to make money from its planned payments service, Samsung Pay; as well as the technology architecture the OEM will use and the identity of two unannounced banks, along with a new category of issuer that is planning to participate.

Galaxy S6 to Carry Embedded Secure Element; Samsung Splits NFC Controller Contract

Mar 2 2015

BARCELONA, Spain – NFC Times Exclusive (UPDATED): The Galaxy S6 will carry an embedded secure element, mainly to enable nonpayment applications, while supporting NFC payments with host-card emulation and storing payment tokens in a secure area on the processor, an ARM-based TrustZone, a representative of Samsung told NFC Times. The embedded secure element also could be used to store tokens outside of the U.S. 

Amid High-Profile Win with Apple, NXP Quietly Loses NFC Business for Samsung’s Galaxy Handsets

NFC Times Exclusive: While NXP Semiconductors won the coveted contract to supply NFC chips and secure elements to Apple for its new iPhone models, it has been cut out of the recent business for Samsung Galaxy handsets, including the Note 4.

Contactless Vendor ASK Launches Initial Public Offering

France-based ASK, the maker of contactless transit cards and components for electronic passports, has launched an initial public offering, seeking to raise about €25 million (US$36 million).

China Telecom to Roll Out SIM-based NFC; Merchants Bank Announces Launch of Payment on Samsung Embedded Chips

China’s NFC market continues to gather steam, with No. 3 telco, China Telecom, announcing a nationwide launch Thursday and one of China’s largest commercial financial institutions, China Merchants Bank, introducing mobile payment on embedded chips in three Samsung NFC devices.  

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

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.

Infineon Introduces New Embedded Secure Element, Hoping to Tap Growing Market

Germany-based Infineon Technologies today introduced a new embedded secure element, targeting the growing market for chips that handset makers are including in their NFC-enabled devices.

Inside Secure to Cut up to 20% of Its Workforce To Stem Losses

Mar 7 2013

France-based NFC chip supplier Inside Secure said it would cut up to 20% of its global workforce following the loss of more than $30 million in 2012.

HEADLINE NEWS

Lax Security Blamed for Hack of 7-Eleven’s Mobile Payments Service in Japan

NFC TIMES Exclusive Insight – Japan’s popular 7-Eleven convenience store chain reported Thursday a major hack of its QR code-based mobile-payments app, but the breach appears to be due to poorly designed security protections in the app. 

In-Depth: More Nordic Banks Support Payments on Passive Wearables with Provisioning after Sale

NFC TIMES Exclusive Insight – Two more large Nordic banks, Nordea and Swedbank, have launched contactless payments on analog watches, using technology from Swedish provisioning company Fidesmo that enables consumers to buy the watches and provision them with tokenized Mastercard-branded cards after the sale by tapping the watches on Android NFC phones.

Insight: Apple Pay’s Expansion to 13 New European Countries Won’t Add Much Transaction Volume but Follows Familiar Strategy

NFC TIMES Exclusive Insight – Apple’s expansion this week into 13 new European countries may not look so good on paper, but it follows a divide-and-conquer strategy that Apple has used effectively before.

Visa Deepens Push into Tokenization with Planned Acquisition of Rambus Payments and Ticketing Unit

NFC TIMES Exclusive Insight – Visa plans to buy the payments and ticketing unit of U.S.-based chip company Rambus for $75 million, as the payments network seeks to expand tokenization beyond Visa cards, including to bank accounts used for real-time payments, as well as to transactions processed by domestic networks.

With Contactless Payments Ready to Take Off in U.S., Payments Trade Group Concerned ‘Fragmented POS Experience’ Could Hinder Growth

NFC TIMES Exclusive Insight – While contactless payments in the U.S. is “expected to accelerate in the near future,” merchants and issuers must improve the “POS experience” for consumers, the U.S. Payments Forum, a payments industry trade group, said today.

Melbourne Transit Agency Touts Successful Launch of Closed-Loop Payments with Google Pay; Plans to Add Support with Apple Pay

Jun 17 2019

NFC TIMES Exclusive Insight – Following a successful launch of its closed-loop Mifare-based transit payments service, myki, with Google Pay, Melbourne, Australia, transit authority Public Transport Victoria has allocated AU$1 million to expand the service onto other smartphone platforms, including iOS and the iPhone, an agency spokeswoman confirmed to NFC Times.

Analysis: BBVA’s ‘Global Payment Platform' Unlikely to Make Much Impact

NFC TIMES Exclusive Insight – The recent announcement by large Spain-based banking group BBVA of plans to enable more banks across its footprint in Latin America to roll out the NFC-enabled BBVA Wallet as part of their banking apps could run into problems, given trends for low take-up of bank-issued NFC wallets. 

In North America, Many Cities Not Ready for Open-Loop Payments

May 31 2019

NFC TIMES Exclusive Insight – While open-loop transit payments services, such as one being launched this week by New York’s Metropolitan Transportation Authority, get most of the attention, most public transit agencies and operators do not plan to accept credit and debit cards directly for payment of fares anytime soon.

Visa and Chase Seize on Launch of New York City Transit Payments Service to Try to Build ‘Momentum’ for Contactless

NFC TIMES Exclusive Insight – Unlike in most developed countries in Europe and Asia, in the U.S., only a small percentage of the population regularly uses mass transit. But New York City is an exception, with more than 4 billion transit trips per year in the metropolitan area–seven times greater than in the next largest U.S. city in terms of transit use, Chicago.

As Their Resistance Crumbles, Australia’s Big Four Banks have Found that Opposing Apple Pay Too Costly, Despite Tech Giant’s Fees

NFC TIMES Exclusive Insight – Another one of Australia’s big four banks, National Australia Bank, has given in to pressure from customers and has agreed to support Apple Pay.

In-Depth: Ticketmaster Embraces Digital Ticketing to Cut Fraud and Improve Communication with Ticket Purchasers and Fans

NFC TIMES Exclusive Insight – U.S.-based sports and entertainment ticketing vendor Ticketmaster sees its new digital-ticketing technology–supporting bar codes and NFC–as a way to reduce fraud and stay in touch with both ticket purchasers and event attendees.

Japanese Payments Players Expand Support for QR Code-Based Payments

May 20 2019

NFC TIMES Exclusive Insight – Japan’s mobile payments market is expanding, but the talk is not about NFC payments services, such as Apple Pay, Google Pay or the pioneering FeliCa wallet services originally pushed by NTT DoCoMo and rail operator JR East.