PRESS RELEASES

HIVEX Promotes an Eco-Smart Travel Experience

Being eco-smart has become a preferred way of modern travel. In response, iPASS, one of the most popular e-wallets in Taiwan has joined TBCASoft’s HIVEX® cross-border mobile payment network. This cooperation allows iPASS MONEY’s 6.5 million users to not only enjoy a simple and convenient payment experience, but also be more environmentally friendly during travel.

HIVEX Merchant Acceptance Reaches Ubiquity Across Japan

TBCASoft announces the immediate launch of its new Dynamic-QR service for the HIVEX® Network. Consumers that are part of the HIVEX Network can now pay for transactions at hundreds of thousands of new merchants such as vending machines and transportation services (e.g., taxis, ride-share, etc.). This is in addition to the millions of existing merchants that already accept HIVEX throughout Japan.

Merchant-Scan Transactions are Now Enabled on the HIVEX® Network for International Mobile Payment Users to Seamlessly Scan-and-Pay at Major Retail Merchants in Japan.

After the successful October 2023 HIVEX® payment network launch of MPM (Merchant-Present Mode; when a consumer uses their mobile app to scan a QR code), HIVEX is now launching CPM (Consumer-Present Mode), which enables a merchant POS scanner to scan QR codes and/or barcodes on the consumer’s mobile device.

HIVEX® enables banks to expand On-Us capabilities to cross-border transactions at millions of PayPay merchants in Japan.

TBCASoft, Inc. announces that E.SUN Bank is live on the HIVEX® payment network. Millions of E.SUN Bank customers with their E.SUN Wallet can seamlessly and securely make purchases at millions of PayPay affiliated stores throughout Japan.

TBCASoft Inc., the leading provider of Distributed Ledger Technology (DLT) solutions, announces the upcoming launch of HIVEX®, a cutting-edge payment network designed exclusively for Mobile Payment Service Providers (MPSP). Harnessing TBCASoft's proprietary DLT, HIVEX offers a secure, neutral, and resilient platform optimized for QR payments.
Scheduled to go-live in Q4 2023, HIVEX empowers MPSP Members to seamlessly integrate their payment applications, gaining access to an extensive network of accepting merchants across multiple countries. MPSP Members can effortlessly extend their services and broaden their merchant coverage. Notably, TBCASoft also enables MPSPs to retain their unique QR code format while achieving interoperability with other MPSPs. This breakthrough ensures a familiar and consistent payment experience for customers and merchants.

TBCASoft, the cross-carrier blockchain technology leader, announced the Initial Close of Series B funding, in which it raised up to $25 million. The investment was led by Naver Financial Corporation (“Naver Financial”), a subsidiary of South Korea’s internet giant Naver Corporation, with participation from existing investor SoftBank Corp. (“SoftBank”). Naver Financial becomes the second largest institutional investor, investing up to $20 million, while SoftBank, with up to a $5 million investment in this round, will remain the largest institutional investor. The strategic investment by Naver Financial and SoftBank reinforces the shared vision of providing the largest open mobile payment network to offer a ubiquitous merchant acceptance experience. Proceeds of the Series B will be used to step-up international expansion of the HIVEX® Network, starting from the roll-out across Northeast Asia including Japan, South Korea and Taiwan, followed by Southeast Asia, and will also be used to attract additional talent and drive more innovations.

PChome InterPay and TBCASoft jointly announced the participation of Pi Plus in the HIVEX® payment platform. HIVEX®, an open mobile payment platform developed by TBCASoft enables transactions among different mobile payment service providers, creating a ubiquitous merchant acceptance experience for mobile payment users around the world under the HIVEX® brand. Pi Plus is a digital payment service developed by PChome InterPay, a mobile payment arm of leading Taiwan fintech company Pi Mobile Technology. By joining the HIVEX® payment platform, Pi Plus users will be able to complete mobile payment transactions using Pi Plus in Japan at up to 2.5 million merchant stores showing the HIVEX® acceptance mark. The HIVEX® payment platform is currently service ready and anticipating the reopening of international travel and regulatory approval.

POB transactions between Asia Pacific Telecom and US carrier validates CCPS-enabled live retail purchases
The Carrier Blockchain Study Group (“CBSG”), the global blockchain consortium of telecom carriers and US-based TBCASoft (“TBCASoft”), today announced that Taiwan-based Asia Pacific Telecom Co., Ltd. (“APTG”) and a US-based carrier jointly completed Proof-of-Business (POB) mobile payment transactions enabled by the Cross-Carrier Payment System (CCPS) platform, a cross-carrier blockchain payment network developed by TBCASoft. The CCPS network aims to create the largest open payment network enabling cross-border transactions and interoperability for mobile payment solutions globally.
In the December 2019 POB, mobile subscribers from the US carrier visiting Taiwan used their mobile payment app to complete purchases at a participating merchant while on APTG’s payment network called Gt Pay, which is connected to the CCPS network. CCPS enables the transactions to be conveniently billed and paid through direct carrier billing in the purchaser’s home currency.

TBCASoft, IBM and SoftBank Corp. today announced that they are entering into a strategic collaboration to support the transformation of the telecommunications industry that is intended to use cross-carrier blockchain technology designed to enable new synergies throughout the industry, provide new services to telecom carriers and their subscribers, and foster innovative business models.
Based on the planned agreement, TBCASoft will bring technology and solutions, IBM will bring its blockchain technology, experience in integrating and scaling blockchain networks, and software solutions, and SoftBank will bring its telecommunications expertise to the collaboration. ...

Leading telecom carriers and payment solution providers from the CBSG Consortium participated in a CBSG workshop, a two day executive working session, to conclude the commercial use-cases for mobile transactions using TBCASoft’s Cross-Carrier Payment System (CCPS) Platform.

Ling Wu, Founder and CEO of TBCASoft, said "...carriers may need additional expertise in planning new services in emerging areas. We look forward to providing more value to our consortium members by teaming-up with global partners like Tech Mahindra.”

TBCASoft created a new foundation application framework called Cross-Carrier Identification System (CCIS) that will focus on enabling identification and authentication services. SoftBank and TBCASoft are leading this Working Group under the CBSG Consortium and will collaborate with other Consortium members.

APT, du, And MTN Group Join CBSG Consortium; Far EasTone And SoftBank Complete Retail Purchases Enabled by TBCASoft Cross-Carrier Blockchain Platform.

Far EasTone, Foxconn Ventures, and SoftBank Invest in TBCASoft, a Blockchain Technology Company to Accelerate Product Development and Business Development.

Ling Wu, Founder and CEO of TBCASoft, said "As the carrier community drives towards a digital future to provide its customers with superior experiences, blockchain will be at the heart of that evolution. We are very excited about the collaboration with Synchronoss and its clear expertise in delivering innovative digital solutions..."

LG Uplus and Far EasTone signed an MOU to collaborate in a trial based on a cross-carrier blockchain platform called CCPS (Cross-Carrier Payment System) to enable subscribers from one carrier to be able to complete purchase transactions on the payment network(s) of another carrier.

Ling Wu said "In today’s digital economy, blockchain lets CSPs create new services and then extend them globally, beyond their established territories and markets, in a way that’s efficient and secure."

The CBSG Consortium is the leading telecom blockchain consortium. It was launched in 2017 to enable the joint development of an innovative blockchain platform designed specifically for telecom carriers.

LG Uplus, Etisalat, KT, Telefónica And PLDT To Support The Carrier Blockchain Study Group
LG Uplus, Etisalat, KT, Telefónica and PLDT agreed to jointly explore how to collaborate on building a next-generation global cross-carrier blockchain platform and ecosystem.

SoftBank, Sprint and TBCASoft will promote research and development with the aim of building a cross-carrier blockchain platform for various services, such as secured clearing and settlement, personal authentication, IoT applications, and other services provided by telecommunication carriers.