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    Archive: Newswire

    Nine out of 10 commercial banks exploring blockchain for payments, survey finds

    October 28th, 2016

    Nine out of 10 US, European and Canadian commercial banks are exploring the use of blockchain technology for payments, according to a survey of 32 top banking professionals by Accenture. Some 30% of banks are… More

    UK consumers eye up iris scanning for banking biometrics

    October 27th, 2016

    Iris scanning technology has overtaken fingerprinting as the biometric security measure most UK consumers would consider using, with more than a third saying they would be more likely to use a bank that offers biometric… More

    NXP to be bought by Qualcomm in US$47bn deal

    October 27th, 2016

    PARTNER NEWS: The US$47bn acquisition of NFC pioneer NXP by mobile chip giant Qualcomm will create the “leader of secure connected devices into the next decade” and address the emerging trends of internet of things… More

    G&D to deliver prepaid wristbands for concerts and events

    October 26th, 2016

    PARTNER NEWS: Giesecke & Devrient (G&D) is working with prepaid solutions provider Rittenhouse Payment Solutions to deliver prepaid smart wristbands which can be used at major public events. The entry and tap-and-pay wristbands can be… More

    Apple Pay transactions up 500% year on year, CEO reports

    October 26th, 2016

    Apple Pay transactions have risen nearly 500% year on year, with more purchases made in September 2016 than during the whole fiscal year in 2015, Apple CEO Tim Cook has revealed during the company’s latest… More

    Samsung Pay boss reveals plans for ‘more aggressive expansion’

    October 26th, 2016

    Samsung Pay is planning “more and more aggressive expansion”, global general manager Thomas Ko has told NFC World in an exclusive interview at Money2020 in Las Vegas, as it emerged a new Deals feature will… More

    UK supermarket chain trials NFC digital receipts

    October 26th, 2016

    British supermarket chain Tesco is trialling a digital receipt service which will instantly send via email an electronic record of purchases to customers using a unique NFC sticker linked to an app on their smartphones…. More

    US consumers ‘largely unfamiliar’ with contactless and mobile payments, research shows

    October 25th, 2016

    PARTNER NEWS: Contactless payment systems remain largely unfamiliar to US consumers despite a high level of satisfaction with the technology. Adoption of contactless payments, meanwhile, is high in Australia and the UK, but mobile payments… More

    Mastercard to launch artificial intelligence bots for banks and merchants

    October 25th, 2016

    Mastercard has unveiled plans to launch artificial intelligence (AI) bots for its merchant and bank partners, allowing consumers to use chat, messaging and natural language interfaces to shop and manage their finances. Mastercard KAI, the… More

    Visa opens up its tokenization platform to third party suppliers

    October 25th, 2016

    Visa is allowing third-party partners to offer its Visa Token Service (VTS) platform, allowing device manufacturers, issuers, internet of things developers, wallet providers, merchants and others to offer its digital payment service on any device…. More

    Apple Pay goes live in Japan

    October 25th, 2016

    Apple Pay is now live in Japan, enabling local iPhone and Apple Watch users to make payments in stores and on public transportation services that support the widely used Sony FeliCa-based Japanese NFC payments system…. More

    PayPal talks up in-store mobile payments and One Touch adoption

    October 25th, 2016

    In-store mobile payments have experienced a “long and difficult road” but the functionality is now starting to resonate with consumers, PayPal’s EVP and chief operating officer Bill Ready has told attendees during a keynote at Money20/20…. More

    EMVCo and Fido to deliver biometric authentication standards for mobile payments

    October 24th, 2016

    Fido Alliance is working with EMVCo to provide a new authentication standard for mobile wallet and payments developers, allowing consumers to use certified, on-device biometric verification when making in-store or in-app purchases. The work will… More

    Mastercard adds online Masterpass payments to Android Pay, Samsung Pay and Microsoft Wallet

    October 24th, 2016

    Mastercard has signed deals with Google, Samsung and Microsoft to allow its customers that use Android Pay, Samsung Pay or Microsoft Wallet to shop online wherever Masterpass is accepted, while Google has announced a similar… More

    Intel to put Visa payments technology into connected devices

    October 24th, 2016

    Visa and Intel are to work together to integrate payments security technology into Intel chipsets, enabling device manufacturers to build functionality into their products to create “a more secure payment process for the internet of things… More

    School children test wearable payments in Singapore

    October 24th, 2016

    Singapore bank POSB has successfully completed the pilot test of a school contactless payments system that lets students make purchases in the canteen or bookstore and monitor their finances. The POSB Smart Buddy trial took… More

    Pizza Hut offers NFC tattoos that let customers order favourite takeaway

    October 21st, 2016

    Pizza Hut in the UK has unveiled what it describes as the world’s first pizza-ordering tattoo. The stick-on tattoo includes NFC and QR code technology and can be used to order a customer’s favourite dish… More

    Mastercard signs deal to roll out mobile payments in 33 African countries

    October 21st, 2016

    Pan-African banking group Ecobank has signed a memorandum of understanding (MoU) with Mastercard to roll out Masterpass QR mobile payments across 33 African countries. In what the payment company says is the largest Masterpass deal… More

    Meet NFC World’s partners at Money20/20

    October 21st, 2016

    NFC World partners Rambus Bell ID, Giesecke & Devrient, Gemalto, SimplyTapp, NXP and Kona will be exhibiting at the Money20/20 expo in Las Vegas from October 23 to 26. Here’s what you can expect to see and… More

    French electronic wallets merge to create ‘universal mobile payment solution’

    October 21st, 2016

    French bank BNP Paribas and supermarket giant Carrefour are to merge their Wa! and Fivory electronic wallets to create a “unified, universal mobile payment solution”, allowing customers to make payments, receive loyalty rewards and make… More

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