Topic “Internet of Things”

IoT Payments Backers Say Devices Will Range from the Familiar to the Far-Fetched

Published: Nov 1 2017
By: 
K.N. Smith

NFC TIMES Exclusive Insight – With the buzz around the Internet of Things growing ever stronger, the payments ecosystem is determined not to be left out.

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After False Start, NXP Adds Wearables as Target for Embedded Chip Loader Service

Published: Nov 6 2015

NFC Times Exclusive Insight – NXP Semiconductors will take another crack at rolling out its “loader service,” which seeks to make it easier for service providers to load payment and other applications on the chip maker’s embedded secure elements by managing keys on the chip.

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Broadcom Says Little About NFC in Q1 Earnings Call

Published: Apr 22 2015
Apr 23 2015

NFC Times Exclusive Insight – U.S.-based Broadcom reported continued growth for its connectivity segment during its first quarter 2015 earnings call, but made almost no mention of NFC.

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Identiv Plays Up IoT Tag Business, but Losses Continued in 2014

Published: Mar 18 2015

Identiv CEO Jason Hart sounded optimistic tones about the company’s NFC tag business, particularly in “Internet of Things” applications or tags for consumer goods, during a conference call last week to discuss Identiv’s fourth quarter and full year 2014 earnings, but investors responded with less optimism.

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Broadcom Shows Strong Interest in IoT and Wearables; Still Sees NFC as an Opportunity

Published: Feb 3 2015

NFC Times Exclusive Insight – Broadcom made only passing reference to NFC during a conference call Thursday to discuss the company’s fourth quarter and full-year earnings, although CEO Scott McGregor listed NFC as one of the technologies expected to help lead to growth in the company’s high-end connectivity business.

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TI’s NFC Sensor Transponder Latest Product to Target Wearables, IoT Markets

Published: Dec 18 2014
Dec 20 2014

U.S-based Texas Instruments said it expects to see prototype launches of devices using its recently launched NFC sensor transponder in the first quarter of 2015, as the U.S.-based chip maker seeks a larger stake in the promising markets for wearables, Internet of Things and industrial applications that sometimes require an NFC interface.

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HEADLINE NEWS

Apple Pay Finally Enables Transit Ticketing in Beijing and Shanghai, but It May be Too Late to Turn Back QR Code-Based Wallets

Published: Mar 30 2018

NFC TIMES Exclusive Insight – After being beaten by rival handset makers Huawei, Xiaomi and even Samsung to the launch of NFC transit ticketing in China, Apple today finally began enabling riders in two major cities, Beijing and Shanghai, to tap to pay fares using closed-loop transit ticketing cards.

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China UnionPay Seeks to Bolster Use of Brand for Mobile Payments Overseas; Will It Make a Difference?

Published: Mar 28 2018

NFC TIMES Exclusive Insight – China’s dominant bank card network, UnionPay, which is badly losing its battle for mobile payments market share among Chinese consumers to rivals Ant Financial and Tencent Holdings–both at home and abroad–is taking steps to try to gain some ground.

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Japan Begins Overdue Move to Standard NFC Acceptance

Published: Mar 27 2018

NFC TIMES Exclusive Insight – Japan was the first country to roll out contactless-mobile payments–starting in 2004–but it still does not accept standard, internationally interoperable NFC payments to any real extent, unlike most developed markets.

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Google Seeks to Sign Up More Merchants for Tez App in India as Competition Heats Up

Published: Mar 20 2018
Mar 21 2018

NFC TIMES Exclusive Insight – SINGAPORE: Google is seeking to sign up more small merchants and encourage more retail payments with its Tez mobile payments service in India, an app now mainly used for peer-to-peer funds transfers.

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Apple Pay Could Get More Single-Tap Rewards in Next Few Months but Technology is Not Proving Easy to Roll Out

Published: Mar 13 2018

NFC TIMES Exclusive – Restaurant loyalty platform vendor Punchh could enable its delayed single-tap loyalty and rewards service with Apple Pay in the second quarter of this year at as many as six quick-service and fast-casual restaurant chains, the vendor told NFC Times.

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Visa Sees Range of Use Cases for QR Code-Based Payments, as It Seeks to Address Threat from New Payments Players

Published: Mar 12 2018

NFC TIMES Exclusive – Visa, which last summer announced it would introduce QR code-based payments to Taiwan by the end of this year, has recently briefed Taiwanese bankers on the planned architecture, use cases and some other details of the technology, NFC Times has learned.

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Russian Telco MegaFon Makes Play in Mobile Payments Market With Virtual Bank Cards

Published: Mar 2 2018

NFC TIMES Exclusive Insight – Russian telco MegaFon began issuing virtual Mastercard-branded bank cards yesterday, which its users can add to Apple Pay or Samsung Pay mobile wallets.

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Google Gets Support for Its Underused Smart Tap Technology from POS Terminal Supplier Ingenico

Published: Feb 28 2018

NFC TIMES Exclusive Insight – Google has not yet given up on technology it bought from the now defunct Softcard joint venture more than three years ago to try to boost use of its rebranded NFC mobile wallet, Google Pay, formerly Android Pay.

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Analysis: Google Launches Google Pay Rebrand, as It Seeks to Enable Payments Across Multiple Channels and Devices

Published: Feb 21 2018

NFC TIMES Exclusive Insight – Google began rolling out its previously-announced set of Google Pay services Tuesday in what is primarily a rebrand of Android Pay and other Google payments features. The initiative supports Google’s long-held goal of making payments seamless across its various products and access points.

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Can Luxury Watchmaker TAG Heuer Sell Swiss Precision Along with NFC Payments? Its Latest Smartwatch Again Supports Android Pay

Published: Feb 15 2018

NFC TIMES Exclusive Insight – While payments wearables, in general, are taking off more slowly than expected, a number of manufacturers are incorporating the feature in their high-end watches and that includes Switzerland-based luxury watchmaker TAG Heuer.

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Hong Kong Banking Group JETCO–Former Backer of NFC–Launches QR Code Payments Service

Published: Feb 13 2018

NFC TIMES Exclusive Insight – Hong Kong ATM and interbank group JETCO is the latest provider to launch a QR code-based payments service for in-store transactions in Asia, with payments coming out of the consumers’ bank accounts. But the group has few if any merchants live yet.

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Vendor Hopes to ‘Flip’ Bitcoin Holders into Users of Cryptocurrency for Retail Purchases

Published: Feb 9 2018

NFC TIMES Exclusive Insight – While Bitcoin and other cryptocurrencies are mainly seen as assets for speculative investments these days rather than currencies for making payments, U.S.-based provisioning and mobile wallet platform company Fit Pay Thursday released a second announcement about its planned contactless device that would enable holders of Bitcoin to make purchases at brick-and-mortar stores.

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