Topic “Verizon Wireless”

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.

NFC SIM Volumes Projected to Show Moderate Growth in 2014, Though Impact of HCE Remains Unknown

NFC Times Exclusive: Mobile network operators will take delivery of at least two-thirds more NFC SIMs this year than in 2013, predicts operator trade association, the GSMA, though the impact of host-card emulation remains to be seen.

Cashwrap iPhone Cases for Isis Mobile Wallet Make Debut with Verizon

Incipio’s Cashwrap NFC case to enable iPhone owners to use the Isis Mobile Wallet is available for Verizon Wireless, the accessories maker announced Thursday.

Isis Learns Lessons as It Moves Toward Expansion

As the Isis joint venture gears up for a planned commercial expansion, a senior member of the technical staff at its largest member telco, Verizon Wireless, noted that testing, certification and getting the customer experience right has required much work.

Verizon, Discover Join NFC Forum as Principal Members

Verizon Wireless, the largest mobile operator in the U.S., along with U.S. payment brand Discover Financial Services have joined the NFC Forum as principal members, giving them a say in developing NFC standards and forum policy.

Isis to Change Wallet Design; Hires New Wallet App Developer

The Isis mobile operator joint venture plans to introduce a new design for its mobile wallet and is changing the supplier of its device software, NFC Times has learned.

Isis Delays Two-City NFC Trial; Asserts Telco, Issuer Support Remains Strong

The Isis joint venture has disclosed it will miss its deadline for launching its much-anticipated two-city NFC trial in the U.S., blaming small problems that it says could prevent it from “getting the customer experience right.”

Motorola Announces Three NFC-Enabled Phones for U.S. Carrier Verizon

Motorola Mobility has launched three NFC-enabled Android phones, as part of its Droid Razr family, all exclusively available on U.S. mobile operator Verizon Wireless.

AT&T Seeks to Offer Range of NFC Services; Plans to Hire TSM

U.S. mobile operator AT&T is seeking to offer other NFC services besides payments when it launches its mobile wallet—services that could include transit and event ticketing, digital door keys for offices, homes and hotel rooms and airline boarding passes, NFC Times has learned.

Sprint Plans to Launch NFC Mobile Wallet as U.S. Wallet War Continues to Heat Up

No. 3 U.S. mobile carrier Sprint is planning to launch its own NFC mobile wallet as early as this summer, NFC Times has learned, as the mobile wallet war in the United States continues to heat up.


Caps on Contactless Transactions to be Thing of the Past for European Consumers

NFC Times Exclusive Insight – With contactless card payment growing more popular in Europe and high-profile NFC mobile-payments services such as Apple Pay starting to gain a foothold there, payment schemes are preparing to significantly raise or eliminate caps on transaction value to try to encourage even more growth in contactless and NFC payments.

China Construction Bank Launches NFC Payments Using Host Card Emulation, Following ICBC

Oct 3 2015

NFC Times Exclusive Insight – At least one more of China’s big four banks, and perhaps two, have reportedly introduced mobile payments with host card emulation, following Industrial and Commercial Bank of China, which launched HCE-based service in May.

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. 

USA Technologies: Nearly 300,000 Vending Machines Accept NFC; Apple Pay, Android Pay Drive Demand

NFC Times Exclusive Insight – U.S.-based unattended retail payments company USA Technologies had nearly 300,000 NFC-enabled cashless payment terminals connected to its network as of the end of the 2015 fiscal year and expects that to grow strongly next year, as mobile-payments services such as Android Pay roll out, the company said.

Contactless Payments Pioneer Barclaycard Announces Plans to Launch HCE; Builds Technology In-House

NFC Times Exclusive Insight – Barclaycard, one of the top payment card issuers in the UK, plans to launch NFC payments from its mobile-banking app in November using host card emulation, which will allow the issuer to avoid putting its payment applications on secure elements to roll out mobile payments.

Google Launches Android Pay as HCE Alternative to Rival Apple Pay Service

NFC Times Exclusive Insight – Google officially launched Android Pay in the U.S., its host card emulation-based rival to Apple Pay and its second stab at rolling out NFC payments for in-store payments, following its little-used Google Wallet.

MasterCard Tokenization Launch Matches Visa’s, as Both Schemes Make Play for Mobile Transactions

NFC Times Exclusive Insight – MasterCard Worldwide Tuesday announced its hub-like commercial tokenization program, Digital Enablement Express, a widely expected move that matches a similar service that rival Visa introduced in late May, Visa Digital Enablement Program, or VDEP. Like VDEP, MasterCard’s new tokenization program has signed up Google and Samsung for their respective payments services, though neither MasterCard nor Visa has announced that Apple would join.

Trustonic Says Funding for Joint Venture Increasing Despite Divestiture by G&D

NFC Times Exclusive – Mobile security company Trustonic says its two remaining owners are increasing funding for the joint venture, and it plans to get into new markets, as the company seeks to capitalize on growing interest in securing mobile payment services, among other applications.

SIM-Based NFC Payments Pioneer CaixaBank Launches New App Supporting HCE

NFC Times Exclusive Insight – CaixaBank, Spain’s large savings bank and one of the most important early adopters globally among financial institutions of SIM-based NFC payments, has introduced a mobile-payments app based on host card emulation.

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.

EMVCo to Release Overdue Tokenization Updates This Year; But Unclear if Major Update Planned for 2015

NFC Times Exclusive – Commercial standards organization EMVCo says it will publish what are considered overdue updates to its tokenization specification before the end of the year, though the organization is releasing few specific details overall, and it’s unclear whether there will be a major update to the specification this year, NFC Times has learned.

Tokenization from Visa and MasterCard Will be Tough Sell in Such Markets as Turkey, which Could Opt for Alternate PANs

NFC Times Exclusive – Turkish banking group BKM and at least some Turkish banks are among those planning to support their own form of tokenization–alternate PANs–for early and perhaps later rollouts of NFC mobile payments–a move that could put a crimp in the tokenization plans of the major payments schemes, Visa and MasterCard Worldwide.