“We continue to see good success with Apple Pay,” Visa CEO Charlie Scharf has told investors during the company’s first quarter earnings call... More
Earnings call
Apple CEO says 2015 will be the “year of Apple Pay”
Apple Pay now accounts for more than two-thirds of Visa, MasterCard and American Express contactless payments by value across the US, Apple CEO Tim Cook has revealed during a first quarter earnings call... More
Starbucks increases mobile payments to 16% of total
Starbucks is now processing an average of seven million mobile payments a week, representing around 16% of all its transactions, CEO Howard Schultz has revealed during a first quarter earnings call in which he also provided an update on the Mobile Order and Pay service the coffee giant introduced in Portland, Oregon in December last year... More
Starbucks claims a 90% share of the US mobile payments market
Starbucks accounted for more than 90% of all mobile transactions in the US last year, the coffee chain’s CEO Howard Schultz has revealed during a fourth quarter earnings call in which he also set out plans to continue to dominate the mobile payments space. More
Visa CEO identifies mobile payment as major growth driver
Mobile payments will be a “great driver” for Visa, CEO Charles Scharf has told analysts during the company’s Q4 earnings call, and Apple Pay is just the beginning... More
Discover CEO outlines plan to join Apple Pay
Discover CEO David Nelms has spoken out about his expectation that the company will eventually participate in Apple Pay, explaining that the company is “actively working to be included over time.”... More
Google discusses Wallet plans
Google has talked about its plans with regard to its Google Wallet app and mobile payments, hinting at possible partnerships and insisting that the company is still trying to “get it right.”... More
JPMorgan Chase CEO outlines mobile wallet strategy
JPMorgan Chase plans to make its debit and credit cards available in a wide array of mobile wallets — including one of its own to be launched later this year — even if that means cutting current margins, CEO Jamie Dimon has told analysts during the bank’s third quarter earnings call. More
Capital One founder hails Apple Pay “breakthrough”
Apple Pay is a “very important breakthrough”, Capital One founder and CEO Richard Fairbank has told analysts during the card issuer’s third quarter earnings call... More
Amex warns of slow mobile wallet adoption
American Express has warned that mobile wallets are likely to see slow adoption, even for Apple and its customer base... More
NXP reports slowdown in NFC revenue growth
NXP Semiconductors has reported a slowdown in revenue growth for its NFC business in 2013 but says it is optimistic that business will pick up again during the second half of this year... More
NXP predicts flat NFC sales despite loss of key customer
NXP Semiconductors has reported a decline in sales for its ID business in Q2 2013, citing a fall in mobile transaction revenue following the loss of a key customer. Overall, sales for the chip maker’s mobile transaction business “will be roughly flat year-on-year”, said CEO Rick Clemmer in an earnings call. More
MasterCard CEO: NFC should be seen as “a longer term effort”
MasterCard CEO Ajay Banga has suggested that NFC should be seen as a longer term effort, while acknowledging that some markets have adopted NFC much faster than others... More
Gemalto sees profit in TSM services
“Customers will only have one TSM. It’s like a billing system; if you’re in, it’s harder to get you out rather than if you fight to get in,” says Olivier Piou. “I think that we have a very good momentum.” More
NXP reports 200 NFC phone and tablet design wins
40% of these are either in production already or will be going into production over the next few quarters, says CEO Rick Clemmer, as the company reports revenues of US$50m from its emerging ID business. More
NFC phones and tablets with fingerprint security protection “expected later this year”
A new fingerprint sensor from Authentec is now being designed into a number of new devices so that NFC phone users can add an extra layer of protection to their mobile wallets, the company says. More
NXP: One in ten smartphones sold in 2011 included NFC
“We believe the year ended with the overall industry achieving about a 10% attach rate of NFC solutions to the 445m smartphones shipped in 2011, albeit below our original expectations of about a 16% attach rate,” the chip maker’s CEO has told analysts during an earnings call for its end of year financial results. More
NFC POS demand growing
POS terminal supplier Verifone has entered “a must-have phase for chip-and-PIN almost everywhere around the globe,” CEO Douglas Bergeron told analysts during its fourth quarter earnings call, Bank Technology News reports... More
NXP: Our NFC now designed into 90 devices
NXP technology has been designed into more than ninety unique devices, the chip maker’s CEO told analysts during a conference call for its Q3 earnings — up from sixty devices in July. More
NXP cuts NFC mobile phone production forecast
NXP technology has been designed into more than sixty NFC handsets under development by a number of phone manufacturers, the chip maker’s CEO has told analysts, but no more than 40m NFC phones are now expected to be produced this year — down from a previously forecast 70m to 100m units. More