So Gemalto just announced their “payez mobile” initiative with five major French banks. In other words, Gemalto is becoming the de facto single TSM (Trusted Service Manager) for financial institutions in France (these five banks probably represent 90% of the retail banking market in France). This is good news for Gemalto, but also for the [...]

So the NFC & International Micropayment Forum met for the second time in Taipei on June 24th 2008. Toro went there because, as a Taiwan-based company, it was kind of our duty to attend the event. Moreover, Collis was sponsoring the event and since they are one of our shareholders, we wanted to support them. [...]