Topic “Isis”

Softcard Cuts Jobs, Restructures, in Sign that Telco Owners are Losing Patience with Joint Venture

NFC Times Exclusive Insight – Softcard’s jobs cuts are more severe than earlier reported, and the layoffs are a sign that the mobile carriers making up the joint venture have rejected a 2015 budget proposed by management of the struggling NFC wallet, NFC Times has learned.

Softcard Touts Rewards to Increase Wallet Activations; Insists it Will Support Wallet on iPhone SIMs

LAS VEGAS, Nev. – Softcard CEO Michael Abbott was selling the value of rewards in the telco-owned mobile wallet today during a keynote address at the Money 2020 conference in Las Vegas.

UPDATED: U.S.: Isis Reports Higher Activations after Six Months, but Many Challenges Lie Ahead

Scope: 
Rollout
Status: 
In progress
Launch: 
Nov 2013
Main Application: 
Payment
Users: 
N/A

Isis launched nationwide in November following a two-city trial in Austin, Texas, and Salt Lake City, Utah, and has made NFC SIMs and Isis-ready phones available in shops of the Isis joint venture

Capital One Reveals Reasons for Quitting Isis, Early Role in Promoting HCE

Capital One Financial’s vice president of digital commerce has spelled out publicly for the first time why the large U.S. credit card issuer dropped its support for the Isis Wallet and also revealed the bank’s early role with MasterCard Worldwide in developing host-card emulation for payments.

AT&T Gears Up to Enable Nonpayment NFC Services, Apart from Isis

AUSTIN, Texas – U.S. mobile carrier AT&T plans to enable nonpayment NFC services, which could run alongside payment applications on its NFC SIMs, but would not be part of the Isis Wallet.

Isis Sets Up Service Provider TSM, as It Seeks to Bring in More Issuers

AUSTIN, Texas – The Isis joint venture will offer a TSM service to banks, which Isis says would enable the issuers to avoid hiring their own trusted service managers to download and manage their applications for the Isis Wallet.

Isis Reports Increased Wallet Activations; No Data Yet on Transactions

Activations of the Isis Mobile Wallet were up substantially in the past month, meaning more users are registering their email addresses and setting up wallet PINs after either downloading the wallet app or using a preloaded app, though Isis remains coy about how often users are actually tapping to pay six months after the wallet’s national launch.

Wells Fargo Joins Isis Mobile Wallet for Pilot

Wells Fargo bank has announced it will make a Visa credit card available in the Isis Mobile Wallet, but only as a trial phase for now.

Isis Launches Nationwide, Though Reveals No New Issuer or Retail Backers

NFC Times Premium Content (Free): The Isis joint venture and member mobile operators officially launched their Isis Mobile Wallet today, with the new Android wallet app now available for subscribers of all three Isis telcos and NFC SIMs in thousands of carrier shops.

Gemalto CEO: It’s a ‘Race’ between Isis and MCX, Though Both to Get Head Start on M-Payments in U.S.

Oct 25 2013

NFC Times Exclusive: France-based Gemalto today reported higher revenue in the third quarter for its mobile-payments platforms as well as increased shipments of NFC SIMs and dual-interface banking cards.

HEADLINE NEWS

Samsung Pay Launches in UK Without Major Banks or MST Technology

NFC TIMES Exclusive Insight – Samsung today finally launched its Samsung Pay mobile payments service in the UK, well behind rival payments services Apple Pay and Android Pay.

Wal-Mart Still Balks at Accepting NFC; Nordstrom Wants Right to Refuse Some NFC Wallets

NFC TIMES Exclusive – LAS VEGAS, Nev.: It’s been more than two and a half years since Apple Pay launched in the U.S., and retail giant Wal-Mart Stores still is no closer to accepting NFC at its 4,000-plus stores in the U.S. then when Apple began rolling out its NFC-enabled mobile payments service in October of 2014.

Apple Testing Loyalty Feature; Google Expected to Expand Payments for Home Device

NFC TIMES Exclusive – As they struggle with low user adoption of their respective wallets in the U.S., Apple and Google are seeking to add more features, hoping to increase transactions, NFC Times has learned.

Taiwan Chief Banking Regulator Reveals Apple Pay Card Adds; Samsung Launches Early Access in Country

NFC TIMES Exclusive Insight – The chairman of Taiwan’s banking regulator, the Financial Supervisory Commission, Wednesday revealed just how fast a start Apple Pay got on the island nation, following its launch of the mobile payments service there in late March.

Analysis: Cook Touts Apple Pay's 'Phenomenal Traction,' but Figures–or Lack of Them–Tell Another Tale

NFC TIMES Exclusive Insight – Apple CEO Tim Cook, with typical enthusiasm, touted Apple Pay’s “phenomenal traction” yesterday in a conference call with analysts. But with one exception, he again failed to release any actual transaction figures for the mobile payments service, while also apparently overstating the contactless and NFC acceptance footprint in the U.S.

Analysis: Enabling HCE Payments in Stand-Alone Wallet Vs. Mobile-Banking App? A Look at Ukraine

NFC TIMES Exclusive – Banks planning to launch host card emulation-based mobile payments have a decision to make: Should they incorporate the payments feature in their mobile-banking apps or introduce a separate wallet app.

Samsung ‘Officially’ Launches First Pays Service in Nordics and Middle East; Expands Beta to Two More Countries

NFC TIMES Exclusive Insight – Samsung today said it had “officially” launched its mobile payments service, Samsung Pay, in Sweden and the United Arab Emirates after “early-access launches” in these countries, making it the first of the global “Pays” wallets to fully launch in either the Nordics or the Middle East.

‘Pays’ Not Enough: Two Singaporean Banks to Expand P2P Apps to In-Store Payments Using QR Codes

NFC TIMES Exclusive Insight – Two of Singapore's major banks–both of which are participating in all three of the “Pays” wallets–Apple Pay, Samsung Pay and Android Pay–are expanding their peer-to-peer payments services to in-store payments using QR codes.

More German Banks to Commercially Launch HCE-Enabled Payments

NFC TIMES Exclusive – At least two German banks plan to follow the country's largest bank by assets, Deutsche Bank, in offering host card emulation-based mobile payments to their customers, NFC Times has learned.

PayPal Will Use Discover Acceptance Infrastructure and Tokenization for In-Store Payments with Android Pay

NFC TIMES Exclusive – PayPal will use the Discover Financial Services acceptance infrastructure and tokenization for its move to in-store payments with Android Pay, NFC Times has confirmed.

Samsung Pay Nears Launch in Taiwan; Android Pay Expected to Follow

NFC TIMES Exclusive – Samsung Pay is expected to launch next month in Taiwan, followed by Android Pay, as the two global “Pays” wallets gear up to compete with Apple Pay on the island nation, NFC Times has learned.

Analysis: Following Delays, PayPal ‘Soon’ to Launch Next Attempt at In-Store Payments using Host Card Emulation

NFC TIMES Exclusive Insight – PayPal and Google announced a deal that promises to finally bring HCE payments to U.S. PayPal account holders, after delays–enabling users to pay with PayPal through Android Pay.