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Archive: Newswire

PayPal to buy MCX supplier Paydiant

March 2nd, 2015

Paypal is to acquire Paydiant, a white label mobile payments specialist and developer of a platform that allows retailers to incorporate payment, loyalty and offers functionality into their own apps. Paydiant also provides the mobile… More

ZTE launches smartphone with retina scanning for authentication

March 2nd, 2015

ZTE‘s latest Android smartphone will let owners unlock it by scanning their retinas with a built-in biometric solution from EyeVerify. Today the Eyeprint ID solution is only a device unlocking mechanism but it could soon… More

Video shows Samsung Pay in action

March 2nd, 2015

A short video published by MasterCard shows Samsung’s new Samsung Pay mobile payment service in action, demonstrating how a user chooses a payment card, authenticates and then holds their phone next to a standard payment… More

NXP tool helps developers access secure elements

March 2nd, 2015

PARTNER NEWS: Chip maker NXP has produced a new tool to help developers quickly build apps that utilise the embedded secure element in the company’s PN66T NFC module. The Secure Service Development Platform (SSDP) allows… More

Carta makes HCE simple with hosted Cloud Suite payments platform

March 2nd, 2015

PARTNER NEWS: Carta Worldwide has introduced Cloud Suite 1.0, a cloud-based platform-as-a-service solution for banks and wallet providers that supports tokenization, digital credential management, host card emulation, NFC proximity and remote payments. More

Korea shifts to NFC authentication for mobile banking

March 2nd, 2015

Korean financial institutions are to offer streamlined NFC authentication for mobile banking transactions starting from as soon as the first half of 2015, according to local media reports. Bank customers currently use dedicated passcode generator devices… More

MasterCard discusses how Samsung Pay works

March 1st, 2015

Samsung Pay, the tokenized mobile payment system introduced with the Samsung Galaxy S6, will first attempt to use NFC and then fall back to magnetic stripe emulation technology to offer widest compatibility with merchant terminals,… More

Samsung unveils Galaxy S6 with NFC and LoopPay mobile payments

March 1st, 2015

Owners of Samsung’s new Galaxy S6 flagship phone will be able to make mobile payments at merchants equipped with both legacy magnetic stripe card terminals and those with contactless POS terminals, Samsung boss JK Shin… More

Apple Pay provisioning fraud hole “has to get plugged now”

March 1st, 2015

“Rampant” fraud levels being experienced by US card issuers that have signed up for Apple Pay need to be addressed with urgency, payments consultant Cherian Abraham has told NFC World, to avoid Apple, the individual… More

Diageo unveils smart whisky bottle with ‘game-changing’ NFC tags

February 27th, 2015

“Smart bottles” that know when they have been opened and then deliver relevant, personalised messages directly to a consumer’s smartphone will be showcased by printed electronics specialist Thinfilm at Mobile World Congress 2015. The Norwegian… More

Chip makers AMS and ST team up for wearable NFC payments

February 26th, 2015

PARTNER NEWS: The technology used to boost the NFC signal in Apple’s iPhone 6 and 6 Plus is now being made available for easy use by a wide range of wearable device and mobile phone… More

Google ‘to release Android Pay API in May’

February 26th, 2015

Google is working on an Android Pay API that will be “built from the ground up” for Android developers and makes use of host card emulation, “a source close to the matter” has told Ars… More

Chase discusses Apple Pay and its own mobile wallet plans

February 26th, 2015

More than a million JPMorgan Chase cards have now been activated for use on Apple Pay since the mobile payment service launched last year, the bank has revealed, and 69% of the activated cards are credit cards…. More

MasterCard reports on HCE payments tests in 15 countries

February 25th, 2015

MasterCard is currently conducting more than 25 host card emulation (HCE) projects in 15 countries, the payments network has announced, with multiple issuers now moving close to commercial deployments. “In offering an alternative to the… More

Testing Mobile Payments: HCE and Tokenization webinar — See it now on NFC World

February 25th, 2015

NFC World’s ‘Testing Mobile Payments: HCE and Tokenization’ webinar is now available to view online. 558 people registered to attend the live event and participants gave the presentation an overall rating of 4.2 out of… More

Visa Europe to introduce customized token platform

February 25th, 2015

Visa Europe is to launch a tokenization service “customized for the needs of the European market”, the payments network has announced. The new service will be available for financial institutions from mid-April 2015. “Tokenization is… More

Softcard confirms it is to shut down

February 24th, 2015

Google’s deal with AT&T Mobility, T-Mobile USA and Verizon Wireless to have Google Wallet pre-installed on their Android phones marks the end of the road for Softcard, the NFC payments joint venture set up as… More

Berg Insight reports on NFC POS terminal growth

February 24th, 2015

An estimated 9.5m NFC-ready point-of-sale (POS) terminals were shipped worldwide in 2014, research from Berg Insight has revealed, and the company forecasts that the global installed base of NFC-ready POS terminals will grow at a… More

Google teams up with US carriers for NFC mobile payments

February 23rd, 2015

Google Wallet will be pre-installed on all Android phones supplied by Softcard partners AT&T Mobility, T-Mobile USA and Verizon Wireless from “later this year”, Ariel Bardin, Google’s vice president of payments, has announced. The deal… More

HSBC to introduce HCE NFC payments on Android phones?

February 20th, 2015

There are signs that global bank HSBC could be preparing to roll out host card emulation (HCE) based NFC payments on Android devices in the UK, after an NFC World reader spotted that the HSBC… More

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