Topic “TWMP”

First HCE-Enabled JCB Cards to Hit Market in Taiwan in First Quarter

Nov 14 2017

NFC TIMES Exclusive Insight – TAIPEI, Taiwan: Japanese credit card company JCB will participate early next year in a mobile wallet from the Taiwan Mobile Payment banking joint venture, marking the first time JCB will support host card emulation in a mobile payments service.

Taiwan’s Domestic Debit Network to Launch Token Service Provider

Mar 29 2017

NFC TIMES Exclusive – TAIPEI, Taiwan: A number of Taiwanese banks plan to enable customers to load their debit card credentials into an HCE-enabled mobile wallet app starting this month, following the launch last year by the banks of HCE-enabled credit card payments, NFC Times has learned.

Two Major Taiwanese Telcos Plan to Adopt HCE, as They Deal with TSM Troubles and Imminent Arrival of OEM Pay

Sep 26 2016

NFC Times Exclusive –  In the first cases of its kind to come to light, two of Taiwan’s largest telcos are planning to support host card emulation in their wallets, as they seek to overcome problems with their joint TSM and to prepare for the coming of OEM Pay to Taiwan, expected in the first quarter of next year, NFC Times has learned.

Taiwan Banks to Launch Mobile Payments with HCE, but Only with Mastercard-Branded Cards, Using Local Tokenization

Aug 4 2016

NFC Times Exclusive Insight –  TAIPEI, Taiwan: More than a dozen Taiwanese banks and their mobile payments joint venture along with Mastercard plan to announce Thursday the launch of mobile payments using host card emulation, with more banks to follow.

Taiwan’s No. 2 Telco Launches SIM-Based NFC But Not with Its Own TSM Joint Venture

Mar 22 2016

NFC Times Exclusive Insight – TAIPEI, Taiwan: Taiwan’s second largest mobile operator, Taiwan Mobile, Tuesday launched support for credit and debit card payments on NFC SIM cards–but the telco is using an outside trusted service manager to manage its NFC SIM cards, not the TSM platform it set up with other Taiwanese telcos as part of a joint venture.

No. 3 Taiwanese Issuer Seeks to Outflank Larger Rivals with Own HCE Service; Picks Visa Over MasterCard to Sponsor Launch

Dec 29 2015

NFC Times Exclusive Insight – TAIPEI, Taiwan: Taiwan’s third largest credit card issuer, E.Sun Commercial Bank, today announced the launch of mobile payments with host card emulation, the first bank on the island nation to launch HCE commercially. NFC Times had reported the planned launch Dec. 3.

Taiwan’s Telco Joint Venture Finally Ready to Launch TSM, but is It Too Late?

NFC Times Exclusive Insight – Taiwan’s telco-led TSM joint venture, Alliance Digital Tech Co., finally says it is ready to launch its TSM platforms–nearly two years after it hired a TSM vendor to build them. But the launch may have come too late for the market.

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. 

With Slow NFC SIM Take-Up and Apple Pay Looming, Banking Group Expedites HCE and Tokenization Platform

NFC Times Exclusive Insight – With SIM-based NFC not taking off in Taiwan and Apple Pay’s eventual arrival on the island considered inevitable, a consortium of Taiwanese banks is expediting plans to add host card emulation and tokenization to their conventional TSM offer.

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.