Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Patent Landscape Report on Contactless Payments by PatSeer Pro

1,650 views

Published on

This Patent Landscape Report takes a look at the Intellectual property trends and filings being done by companies and institutions active in this technology area.

Published in: Technology
  • Be the first to comment

Patent Landscape Report on Contactless Payments by PatSeer Pro

  1. 1. CONTACTLESS PAYMENTS PATENT LANDSCAPE REPORT BY PATSEER PRO
  2. 2. Page 2 of 26 © 2018 Gridlogics. All Rights Reserved. CONTACTLESS PAYMENTS - OVERVIEW Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near field communication (NFC, e.g. Samsung Pay, Apple Pay, Android Pay, Fitbit Pay, or any bank mobile application that support Contactless) for making secure payments. The embedded chip and antenna enable consumers to wave their card, fob, or handheld device over a reader at the point of sale terminal. Contactless payments are made in close physical proximity, unlike mobile payments which use broad-area cellular or Wi-Fi networks and do not involve close physical proximity. EMV is a common standard used by major credit card and smartphone companies for use in general commerce. Contactless smart cards that function as stored-value cards are becoming popular for use as transit system farecards, such as the Oyster card or RioCard. These can often store non- currency value (such as monthly passes) in additional to fare value purchased with cash or electronic payment. EMV is a global standard for secure debit or credit payments made using chip cards at a merchant who has an EMV chip-acceptance infrastructure. EMV-compliant chip card payments protect against the use of counterfeit, lost, or stolen cards and skimming. Issuers, merchants, consumers, and acquirers/processors can all benefit from EMV. As a result of the EMV fraud liability shift in October 2015, merchants, issuers, and processors in the United States are in the final stages of upgrading their infrastructures. Contactless payment systems are widely used in Asia, Europe, and North America as there are a number of advantages to users or retailers
  3. 3. Page 3 of 26 © 2018 Gridlogics. All Rights Reserved. PATENT SEARCH STRATEGY Using PatSeer, we searched individual publications and then collapsed them to one member per Invention (Simple Families). Patent families are a group of one or more patent applications in multiple countries which represent the same invention. The publications included in the report are updated as of 29th January 2018. Summary of Search Results:  We started with a set of 5384 search results  We then deduplicated them to unique inventions (Families) and got 2695 Families  We browsed through the resulting set of record to remove any record that was irrelevant to the search topic  We then filtered, analyzed and came across some unwanted terms/Keywords. These records were then removed from the resulting set.  We flagged/rated each individual record using Search Recall™ option present in PatSeer NOTE: All analysis in this report has been done on Simple Family (one member per family) and so the data in the charts should be construed accordingly.
  4. 4. Page 4 of 26 © 2018 Gridlogics. All Rights Reserved. TECHNICAL SEGMENTATION (PATENT CATEGORIZATION) To know the detail Technical Segmentation image Contact us here:
  5. 5. Page 5 of 26 © 2018 Gridlogics. All Rights Reserved. INVENTION ACTIVITY The chart below shows number of application filed and grants given for contactless payments in the last decade. The chart was generated on overall records (5384 Records). The filing trend indicates a gradual increase in number of applications being filed after 2010. Maximum number of patent applications (471) taking/having priority were filed during 2015. How we did it? Application and patents with their respective counts were converted to a column chart.
  6. 6. Page 6 of 26 © 2018 Gridlogics. All Rights Reserved. TOP COMPANIES The chart below represents top companies active in contactless payment technology and the number of inventions they have in this space. It is evident that MasterCard leads the patent count for contactless payments followed by Visa and Alphabet.
  7. 7. Page 7 of 26 © 2018 Gridlogics. All Rights Reserved. FILING TREND FOR TOP COMPANIES  The chart below shows assignee innovation time line for the top 10 Assignees active in contactless payments  Ebay appear to be one of the earliest assignees with filings for contactless payments and one that innovators pursued the longest right till present date. Though there are long gaps in the timeline from the early days, the recent years have continued to see a lot of IP activity. Similarly, First Data Corp & Target have visibly shorter timeline with no new patents since 2015 How we did it? Once the patents were added to PatSeer Projects, top assignees and innovation time line was generated within the Quick Stats Tab and converted to a bubble chart.
  8. 8. Page 8 of 26 © 2018 Gridlogics. All Rights Reserved. RESEARCH ACTIVITY AROUND THE WORLD The below map represents the geographical filing relating to Contactless Payments. The map helps provide an indication of where innovation in this area is originating. United States is the leading country in this field with 1162 families followed by Korea (532) and China (463). The strength of the coloring represents the proportion of patent applications. Country Total US 1162 KR 532 CN 463 JP 80 GB 65 How we did it? The map was generated using the Priority country tab under the Quick Stats option.
  9. 9. Page 9 of 26 © 2018 Gridlogics. All Rights Reserved. TREND FOR VARIOUS APPLICATION OVER THE LAST 20 YEARS  The chart below represents the growth of different applications of contactless payments for the last 20 years  Use of contactless payments by the retailers has seen tremendous rise since 2010 surpassing all other applications How we did it? First records were classified under different application areas. Then these were added as layer on the application year chart. The resulting chart was exported as an image. Note that for analysis the records till 2017 were excluded as there is a time gap of 18 months from a records to be published.
  10. 10. Page 10 of 26 © 2018 Gridlogics. All Rights Reserved. COMPANIES ACROSS DIFFERENT TYPES OF APPLICATIONS  The table below shows research activity of companies across different applications of contactless payments  MasterCard leads the records count for almost all the applications  Alphabet has contactless payment application for only retailers and restaurants How we did it? First records were classified under different application of contactless payments, and then a co- occurrence matrix for parent assignees and applications was generated using the co-occurrence tool. The resulted matrix was then converted to a Heat Map and exported as an image.
  11. 11. Page 11 of 26 © 2018 Gridlogics. All Rights Reserved. COMPANIES ACROSS DIFFERENT PAYMENT MODES  The table below shows research activity of companies across different payment modes of contactless payments  Most of the top assignees namely MasterCard , Visa and Alphabet are using mobiles, pos terminals and smart cards as the mode of contactless payments How we did it? First records were classified under different payment modes and then using the co-occurrence tool a matrix was generated for the top assignees and payment modes. The resulted matrix was then converted to a column chart and exported as an image.
  12. 12. Page 12 of 26 © 2018 Gridlogics. All Rights Reserved. COMPANIES ACROSS DIFFERENT PROTOCOLS FOR CONTACTLESS PAYMENTS  The heat map below shows research activity of companies across different protocols used for contactless payments  Alphabet is more into Peer to Peer and contactless front end protocols  Inspite of being the top assignee for contactless payments MasterCard has lesser focus on the protocols used for contactless payments How we did it? First records were classified under different protocols used for contactless payments; a matrix was then generated for the top assignees and different protocols using the co-occurrence tool. The resulted matrix was then converted to a Column Heat map.
  13. 13. Page 13 of 26 © 2018 Gridlogics. All Rights Reserved. COMPANIES ACROSS DIFFERENT TECHNOLOGIES  The map below shows research activity of companies across different technologies used for contactless payments  NFC and RFID are the most commonly used technologies  Target SRL is only into RFID How we did it? First records were classified under different classification technologies for contactless payments, and then a co-occurrence matrix for assignees and those technologies was generated using the co-occurrence tool. The resulted matrix was then converted to a Tree Map and exported as an image.
  14. 14. Page 14 of 26 © 2018 Gridlogics. All Rights Reserved. COMPANIES ACROSS DIFFERENT PAYMENT TRANSACTION MODELS  The heat map below shows research activity of companies across different payment transaction models for contactless payments  MasterCard primarily uses Track1-2 Data as a transaction model for contactless payments  Intellectual Ventures which is a major NPE has records for Speedpass and track1-2 data through its subsidiary III Holdings 1, LLC How we did it? First records were classified under transaction models used for contactless payments, and then a co- occurrence matrix for assignees and transaction models was generated using the co-occurrence tool. The resulted matrix was then converted to Row Heat Map and exported.
  15. 15. Page 15 of 26 © 2018 Gridlogics. All Rights Reserved. APPLICATIONS ACROSS DIFFERENT TYPES OF TECHNOLOGIES  The chart below shows the different types of technologies used in various contactless payment applications  NFC and RFID are widely used technologies across all the applications  Magnetic Secure transmission is only used in medical and retail applications How we did it? First records were classified under various applications and technologies and then a co-occurrence matrix for the same was generated using the co-occurrence tool. The resulted matrix was then converted to a bar chart and exported as an image
  16. 16. Page 16 of 26 © 2018 Gridlogics. All Rights Reserved. WHERE ARE RESEARCH TEAMS OF TOP COMPANIES BASED THEIR TECHNOLOGY FOCUS  The chart below shows leading companies across priority countries and different technologies  MasterCard and Visa have new filings originating from almost all the top priority countries How we did it? First records were classified under different technology areas and then under the Quick Stats option layers for top 5 priority countries were added on the parent assignees chart. Stacking option was used to stack the two parameters. The resulting image was then exported as image
  17. 17. Page 17 of 26 © 2018 Gridlogics. All Rights Reserved. INVENTOR GROUPS OF TOP COMPANIES FOR CONTACTLESS PAYMENT The generated maps below highlight the key inventor groups of top five companies. In map below the groups are created using network relationships between the Assignees and the inventors listed on the graph Key inventors present in the map, for instance, Maw Brian is highlighted as red as he has filings for both MasterCard and Visa. Hence it is in between the two respective clusters. Similar is the case with Jonathan Wall who has filings for Alphabet and Bizmodeline How we did it? Using the VizMAP tool, patents of top five companies were loaded on the map. These were then expanded by their respective inventor names. The VizShade option was used to shade the inventors and assignees with potential overlapping patents between them.
  18. 18. Page 18 of 26 © 2018 Gridlogics. All Rights Reserved. TECHNOLOGY LANDSCAPE FOR CONTACTLESS PAYMENTS The landscape map below represents key concepts for different companies generated across title, abstract and claims. Themes are collection of prominent topics extracted from the patent data and grouped under relevant parent tags. Clusters for payment amount or QR code and transaction terminal device are together as both the clusters are relating to a transaction provider terminal and there is high degree of relevance with respect to the text. How we did it? The VizMAP tool in PatSeer Pro was used for this analysis. First the clusters were generated on title, abstract and claims using the Advanced Clustering option. Once the clusters were generated these were loaded using the Landscape mode and then the themes were colored by record type.
  19. 19. Page 19 of 26 © 2018 Gridlogics. All Rights Reserved. CITATIONS ANALYSIS FOR GEMALTO Gemalto’s latest generation of contactless cards, with optimized chips and operating systems, provides high level security and best-in-class performance and transaction times. It offers a full range of contactless payment cards based on two technologies: 1. Dual-interface: for EMV markets with one chip containing both a contact and a contactless interface. 2. New form factors: new contactless form factors such as stickers, tags and wearable’s increase opportunities for contactless payment and give consumers fun ways to pay. They use the same operating systems and applications as cards, enabling a consistent approach and easy implementation. This contactless portfolio is fully certified by the major payment associations and conforms with Visa payWave, MasterCard PayPass and Mchip Advance, American Express ExpressPay, JCB J/Speedy specification, China Union Pay PBOC (Popular Bank of China) and Discover Financial Services (Diners). The following chart shows the forward citations for Gemalto
  20. 20. Page 20 of 26 © 2018 Gridlogics. All Rights Reserved. The chart below shows the backward citations for Gemalto How we did it? For citation analysis, first a group was created for all the records of Gemalto. The created group was selected and analyzed using the Citation Analysis option.
  21. 21. Page 21 of 26 © 2018 Gridlogics. All Rights Reserved. COMPANY SPOTLIGHT The Companies included here are: 1. GEMALTO 2. GIESECKE & DEVRIENT GMBH 3. VERIFONE SYSTEM INC 4. ON TRACK INNOVATIONS LTD 5. HEARTLAND PAYMENT SYSTEM INC 6. INGENICO SA INNOVATION TIMELINE  The chart below shows the innovation timeline representing patenting activity for contactless payments  On Track Innovation had its first filing in the year 1999, but their filings have dropped in the last five years How we did it? Once the patents were added to PatSeer Projects, key assignees were filtered and a filter set was created for the same. Then from the Quick Stats Tab innovation timeline was generated and converted to a bubble chart.
  22. 22. Page 22 of 26 © 2018 Gridlogics. All Rights Reserved. INNOVATIONS ACROSS DIFFERENT TECHNICAL SEGMENTS OF CONTACTLESS PAYMENTS  The chart below shows number of patents held by key companies across various technology segments and applications of contactless payments How we did it? First key companies in contactless payments were identified by online review and these were analyzed with respect to the technical segmentations for contactless payments. The resulting matrix was the converted to a tree chart and the chart was exported as an image.
  23. 23. Page 23 of 26 © 2018 Gridlogics. All Rights Reserved. KEY COMPANIES ACROSS PAYMENT MODES  The key company activity across different payment modes used for contactless payments  Smart Cards are popularly used as a mode of payment by all the key companies except Heartland payment systems How we did it? Once the patents were added to PatSeer Projects, key assignees were filtered and a filter set was created for the same. Co-occurrence analyzer was used to generate a matrix for key companies and payment modes. The resulted matrix was then converted to a column chart and exported as image.
  24. 24. Page 24 of 26 © 2018 Gridlogics. All Rights Reserved. KEY COMPANIES SUMMARY REPORT  The chart below shows summary report for key companies with respect to the tech domain, Publication country and the legal status How we did it? First key companies in contactless payments were identified by online review and these were filtered from the Apply Filter option present. Once this was done then Summary Report option was selected. Then under “generate report for” option companies (under custom fields) option were selected. Parameters required for analysis were selected from the option “Patent Fields” and the resulting chart was generated and then exported as an image.
  25. 25. Page 25 of 26 © 2018 Gridlogics. All Rights Reserved. SUMMARY This report analyzes research trends of contactless payments with a focus on Technologies, payment modes, protocols, transaction models, applications and also highlights the key companies involved in this space. Upcoming trend in the retail payment circuit is the contactless payments. These are used widely in Asia and America and Europe. As we have seen in this report multiple technologies might be used to implement contactless payment systems. The choice of an appropriate technology is driven by issue such as what type of payment mechanism the technology supports. Then the payments also depend on the transaction models used for payments. These models are then based on the backend infrastructure used. Increasing number of payment application is moving towards contactless payment technology. Applications range from toll collection, retail purchases and so on. The benefits of contactless payment for consumers and retailers have been proven in various implementations. Increased convenience for the consumer has resulted in widespread acceptance of the technology. Inspite of the wide applications there is no single technology used for contactless payments. Several technologies are being used by different retailers. For example some are using RFID and others are using smart cards. To get this project shared with you via PatSeer’s Patent Dashlet and to obtain access of dataset behind this report, Contact us here:
  26. 26. Page 26 of 26 © 2018 Gridlogics. All Rights Reserved. ABOUT PATSEER PRO PatSeer Pro is a powerful and flexible web-based Patent Search, Analytics and Landscaping Platform. It includes a comprehensive set of analytical tools needed for precise technology landscaping and competitive intelligence projects such as Assignee cleanup tools, Co-occurrence Matrices, configurable Chart Dashboards, multi-generation Citation Analysis, Text Clustering and VizMAP – a spatial exploration and contour mapping visualization engine. PatSeer Pro is developed by Gridlogics, a leading provider of products and custom software solutions for patent research, management, data analysis and project management. For more information: Visit us at: www.patseer.com/pro- edition/  Create and configure dashboards as per your business charting requirements  A large set of powerful visualizations  Share dashboards across the organization  Render multiple visualizations in a single view  Add interactive filters to your dashboard  Collaborative decision making experience via sharable dashboards  Advanced 2D spatial visualizations for semantic exploration  Fully HTML5 compliant SaaS that works across all browsers  Powerful Customization Options  Normalize Assignees as per your business context  Competitor Trend Analysis  Natural Language / Similarity Searching  Out-licensing Research beyond citations  Powerful web based co- occurrence matrix with integrated real-time filters  Generate heat-maps on the fly  A variety of Matrix Export options  Leverage custom data points (Custom Fields, Categories) in Matrix  Automated Cleanup and Grouping using Fuzzy, Regex, Thesaurus Matching  Clustering / Topic Identification  One Click Summary Reports  Multi-generation Citation Analyzer  Thesaurus Creation/Edit and taxonomy management  Analyze networks of relationships between Companies, inventors and technologies using VizMAP  Contour Maps that highlights the peaks and troughs of the technology landscape  Co-Citation and Self/Non-Self Citation Analysis  Map the landscape around your hierarchical categories (buckets)  Powerful slide-dice options giving full-flexibility to the analyst  Fast response times even for large set of records  Multi-generation Citation Analyzer  Thesaurus Creation/Edit and taxonomy management One-stop platform for Technology Mining, White Space Analysis, Tech/Economic Forecasting and Competitive Intelligence Powerful and flexible analytics tools required for precision analysis Seamless collaboration and workflow capabilities allow for creating and sharing dashboards and analytical outputs Integrated Global Patent Content of PatSeer Database PatSeer Pro PATSEER PRO CAPABILITIES AT-A-GLANCE…

×