News about Cloud-based NFC.
February 27th, 2015
Bulgaria’s First Investment Bank is joining forces with MeaWallet to provide the bank’s customers with a mobile payments service which uses cloud-based security and host card emulation (HCE) technology. The service will work at all outlets that accept MasterCard PayPass and Visa PayWave payments and is due to launch later this year.
April 29th, 2014
“Host card emulation is good for the NFC ecosystem as a whole, but remains immature, unstandardised and, relative to secure element based deployments, vulnerable to malicious attack,” says SIM card manufacturer association SIMalliance, which has…
April 8th, 2014
Blaze Mobile is selling US patent number 8,630,905, an NFC payments patent entitled “Single Tap Transactions using a Secure Element” that dates back to 2007. The patent sale is being handled by ICAP Patent Brokerage….
March 26th, 2014
NBS Technologies has added support for host card emulation (HCE) to its Xpressi Trusted Service Manager (TSM) platform, enabling customers to deploy both Visa PayWave and MasterCard PayPass NFC services in the cloud. HCE “could be the breakthrough our industry has been looking for,” says NBS chief software architect Robin Ehrlich.
February 27th, 2014
Ukraine’s PrivatBank is to launch a cloud-based NFC payments service using host card emulation (HCE). The new Liqpay app will be available to customers with NFC smartphones running Android 4.4 KitKat. They will be able…
February 20th, 2014
Global card manufacturer and NFC service provider ABnote is to integrate SimplyTapp’s host card emulation (HCE) technology into its trusted service manager (TSM) platform, enabling card issuers to deploy cloud-based NFC payments solutions to their…
February 19th, 2014
Visa has introduced a new standard that uses host card emulation (HCE) to enable financial institutions to securely host Visa accounts in the cloud. The standard is available now and will include support for QR…
February 19th, 2014
MasterCard is to publish a new specification during the first half of 2014 that uses host card emulation (HCE) for NFC mobile payments — avoiding the need to have access to a secure element on…
January 29th, 2014
“HCE is a game-changing technology for NFC,” says technology provider Aditium’s Ibai Iturricha. “With HCE we have the chance to develop the whole solution without having to rely on any other party… With the entry of HCE we are free.”
January 21st, 2014
Royal Bank of Canada has introduced an NFC mobile payments service that stores customers’ card details in the cloud. The new RBC Wallet is available to customers with a Samsung Galaxy S III or Samsung…
November 27th, 2013
SimplyTapp, the US startup which created Host Card Emulation, bypassing the need to use a carrier controlled SIM-based secure element in NFC transactions, has raised a Series A funding round led by Lightspeed Venture Partners….
October 31st, 2013
Google has introduced support for Host Card Emulation in Android 4.4 KitKat, enabling any Android NFC device to be used for mobile payments and other secure applications — without needing access to a secure element….
July 24th, 2013
Canadian bank RBC is to introduce an NFC mobile payments service that stores customers’ card details in the cloud. RBC Secure Cloud will launch later this year and will be delivered “through partnerships with mobile…
June 5th, 2013
The new service enables keys, certificates and NFC credentials to be stored securely in a remote location, rather than in the mobile device, is fully compatible with standard EMV contactless payments terminals and enables card issuers to deploy NFC solutions without the need to partner with mobile network operators or other third parties.
December 10th, 2012
Mobile solutions specialist MoSoCo has chosen Sequent as its trusted service management (TSM) provider for the introduction of a cloud-based mobile loyalty, marketing and prepaid card processing service for Polish retailers. “Sequent’s secure technology will allow…
December 6th, 2012
Advantages of the QCA1990 include support for smaller and cheaper NFC antennas, ultra-low power consumption, a small footprint and integration with a wide range of mobile phone processors, Qualcomm’s Neeraj Bhatia has told NFC World.
October 3rd, 2012
In the first issue of Mobile Wallet Outlook, the monthly trends bulletin for subscribers to our new research service, the NFC World team examines how the latest market developments will affect the future of the NFC and mobile wallet markets.
September 25th, 2012
The NFC and contactless technology specialist has developed a way to turn NFC phones into “secured antennas” that can securely pull down sensitive data stored in the cloud and present it to a POS terminal or a contactless door lock — without the need to include an NFC secure element in the phone.
September 19th, 2012
A US-based start-up has developed an alternative approach to storing the sensitive data required to make a transaction with an NFC phone. Rather than placing it in a secure element on the phone, SimplyTapp stores the data in the cloud on a “remote secure element” and passes encrypted transaction data through the phone to a point-of-sale terminal when the user makes a purchase.