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Archive: Payments

Sequent adds HCE to NFC platform

April 29th, 2014

Sequent Software has added support for cloud-based issuance, tokenization and host card emulation (HCE) to its digital issuance platform. The solution gives banks “flexibility of deployment by leveraging cloud and secure element technology to work with all partners for secure mobile payments using NFC, QR code and other technologies,” says CEO Robb Duffield.

Credit Mutuel to test mobile wallet

April 29th, 2014

French bank Credit Mutuel-CIC is to pilot a mobile wallet in the Boulogne-Billancourt area of Paris from May 17, Les Echos reports, enabling consumers to make payments via NFC or QR in around 100 stores. The Fivory wallet goes beyond mobile payments to offer a “multi-channel connected shopping application”, the bank’s Christophe Dolique says, and is technology agnostic. Plans are already in place to test additional technologies, including Bluetooth and voice recognition.

SIMalliance issues HCE security warning

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… More

Bank to give away NFC phones

April 28th, 2014

Equity Bank, Kenya’s largest bank, is to provide more than 300,000 free NFC phones to retailers across the country for use as POS devices, ITWeb Africa reports. “Our new MasterCard ATM cards are tap-and-go hence the need to put mobile POS devices with merchants to process payments,” chief executive James Mwangi said. “The NFC-enabled phones and cards will help Equity Bank be well positioned to significantly increase volumes and commission from payment processing.”

TfL tests NFC for London Underground ticket payments

April 24th, 2014

Transport for London (TfL) is testing payments via NFC phones for use on the tube and the overground rail network and is piloting contactless card payments with some 5,000 volunteers. Passengers will be offered the… More

SIMalliance reports 159% growth in NFC SIM shipments

April 24th, 2014

A total of 4.2bn SIMs were shipped in 2013 by members of the SIMalliance, an organisation that represents suppliers responsible for 86% of the global SIM market, 5% down on 2012. The drop was due… More

Bank develops NFC suit that lets customers pay by swiping a sleeve

April 23rd, 2014

Australia’s Heritage Bank has unveiled prototypes of a suit that comes with an embedded NFC chip and antenna to allow its wearer to make NFC payments at contactless POS terminals by simply swiping their sleeve…. More

PayPal takes another look at NFC

April 22nd, 2014

The arrival of host card emulation (HCE) has led to a re-think of online payments giant PayPal’s famously anti-NFC point of view, company president David Marcus has revealed. “I’m moving from being a massive skeptic… More

NFC Forum updates specs with support for pairing at a distance

April 16th, 2014

New versions of nine NFC Forum specifications have been published today, including version 1.3 of the NFC Connection Handover Technical Specification which now provides a way to use an intermediary NFC device to set up… More

Rogers expands Suretap NFC wallet with support for prepaid and gift cards

April 14th, 2014

Canadian carrier Rogers Communications has added support for multiple card types to its Suretap wallet service. The new NFC-enabled cards include a Rogers prepaid MasterCard and gift cards from a range of merchants including Swiss… More

Cantaloupe to run Isis promo

April 10th, 2014

Cloud-based vending solutions provider Cantaloupe Systems has added support for the Isis SmartTap NFC platform and is to offer Isis Mobile Wallet users a “buy three get one free” promotion on purchases made at its cashless-enabled vending machines around the US. After making three purchases from participating machines using the Isis Mobile Wallet, customers will get their fourth purchase free.

Fujitsu adds ATMs with NFC and biometrics

April 10th, 2014

Fujitsu has launched a series of ATMs aimed at the European market that support its PalmSecure biometric verification technology as well as contactless and NFC transactions. PalmSecure “authenticates the user by reading the unique pattern of… More

Sequent gets Visa TSM approval

April 10th, 2014

Sequent Software has gained Visa approval for its digital issuance platform, a service provider TSM (SP-TSM) solution that enables card issuers to manage and distribute payment credentials to consumers’ NFC phones. “The Visa approval provides peace of mind to our customers since they know that the security of our platform far exceeds most commercial requirements,” says Lance Johnson, Sequent’s chief security officer.

EnStream picks Bell ID TSM for NFC in Canada

April 10th, 2014

Canadian carrier-owned TSM provider EnStream is to use Bell ID’s Trusted Service Manager platform to provision and manage secure applications on consumers’ NFC devices. The joint venture between Bell Mobility, Telus and Rogers Communications operates a… More

Vodafone launches NFC SmartPass in Italy

April 10th, 2014

Mobile network operator Vodafone’s NFC mobile wallet and SmartPass prepaid payments service is to go live in Italy at the end of April. The service was launched in Spain in November 2013 and in Germany… More

Carrefour equips new digital hypermarket with NFC

April 9th, 2014

French supermarket giant Carrefour, the world’s fourth largest retailer, has opened a new hypermarket equipped with 55,000 NFC shelf-edge labels that let consumers interact with products. Shoppers can also make NFC payments at the point… More

Elisa offers NFC payment stickers in stores

April 9th, 2014

Finnish carrier Elisa has introduced reloadable NFC payment stickers that are available to purchase from the R-Kioski convenience store chain pre-loaded with €20 of value. The MasterCard-branded stickers work with the carrier’s Elisa Lompakko wallet… More

Blaze seeks buyer for early NFC patent

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…. More

Westpac to launch embedded NFC payments on Samsung devices

April 8th, 2014

Australia’s Westpac bank is to launch its NFC mobile payments service on Samsung Galaxy S4 and S5 devices “over the next few weeks” with the functionality being “rolled out progressively” from this month. By 2015, the bank predicts, three million Australians will be using NFC to make payments. More

Royal Canadian Mint puts Mintchip digital currency up for sale

April 8th, 2014

The Royal Canadian Mint is halting development of its MintChip digital currency and is now looking to sell the business. The company has been piloting the currency in the cafeterias at its Ottawa and Winnipeg… More

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