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Archive: Newswire

Contactless payment card shipments grow 35%

February 6th, 2015

Four out of every 10 smart payment cards shipped in 2014 (40%) were contactless, representing a year-on-year growth of 35% with much of the increase driven by Europe and Asia, the Smart Payment Association’s annual review of… More

DCR wins award for HCE prepaid payments service

February 6th, 2015

PARTNER NEWS: DCR’s truTap Mobile Wallet, powered by Carta Worldwide’s host card emulation (HCE) technology, has been named the “Gotta-Have Mobile App” in Paybefore’s annual awards for excellence in the worldwide prepaid, mobile and emerging… More

NXP CEO: China will be next major NFC payments market

February 6th, 2015

Chip maker NXP will focus on the “significant” Chinese market for mobile wallets, the firm’s CEO has said, as the company revealed a 40% increase in sales for its emerging ID business in a fourth… More

Contactless card payments treble in Britain in 2014

February 6th, 2015

Ten contactless transactions took place in the UK every second in 2014, The UK Cards Association has revealed, and total spending on contactless cards more than trebled to reach a record £2.32bn. In total, 319.2m… More

HCE specialist SimplyTapp raises an additional US$2.5m

February 5th, 2015

PARTNER NEWS: Fast growing mobile payments platform provider Mozido has made a US$2.5m investment in SimplyTapp, bringing the total amount raised in the host card emulation (HCE) specialist’s Series B financing round to US$10.1m. The new… More

Knit extends Google Cardboard with NFC objects

February 5th, 2015

Creative technology agency Knit has developed a range of NFC-enabled Cardboard Objects that are designed to fit inside a modified version of Google’s Cardboard virtual reality (VR) headset to let users view “relevant app-based content”… More

Mobile biometrics market to be worth US$33.3bn a year

February 4th, 2015

By 2020, smart mobile devices will include embedded biometric sensors as standard, according to research conducted by Acuity Market Intelligence, creating a US$33.3bn a year market for biometric products and services. Authentication fees from 825bn… More

NFC World to host free webinar on testing cloud-based mobile payments

February 3rd, 2015

Join NFC World and payments testing specialist Gerd Thys from Clear2Pay on Tuesday 24 February to gain an in-depth understanding of the new testing, quality and compliance challenges created by the arrival of HCE and… More

MasterCard moves towards MasterPass tokenization

February 3rd, 2015

MasterCard is to incorporate tokenization technology into its MasterPass digital wallet in the near future, CEO Ajay Banga has told analysts during the payment network’s 2014 year end earnings call. “We are very focused on… More

Visa CEO discusses Apple Pay and tokenization rollouts

February 3rd, 2015

“We continue to see good success with Apple Pay,” Visa CEO Charlie Scharf has told investors during the company’s first quarter earnings call. “On our tokenization efforts, we are very actively working with issuers in… More

McDonald’s lets customers pay with love

February 2nd, 2015

McDonald’s restaurants across the US are adding a new payment method for a two-week promotion, letting customers pay for their orders with “random acts of loving” such as giving out high fives and hugs, taking… More

Facebook to test Bluetooth beacons in New York

February 2nd, 2015

Facebook has unveiled a new service called Place Tips that works with Bluetooth beacons, WiFi and GPS to show the social network’s iOS app users “useful and relevant” information about the places they visit. Those… More

Urevu unveils wearable BLE beacons for customer reviews

February 2nd, 2015

Shop owners and service providers could in future get real-time feedback on the service delivered by individual members of their staff, and thus improve the experience delivered to customers, thanks to a new mobile app… More

Join NFC World for a free workshop on tokenization

January 30th, 2015

The next event in NFC World’s free educational webinar series will be held at 15:00 GMT on Tuesday 17 February when mobile payments expert David Worthington from Bell ID will explain how tokenization works and… More

Spanish airline lets customers tap to add contactless card to app

January 29th, 2015

Passengers can now add a payment card to Spanish low-cost airline Vueling’s app and use it to pay for flights, just by tapping a contactless credit card to their NFC phone. Those without an NFC… More

Vinci Park introduces NFC car parking tickets

January 29th, 2015

Drivers in the French city of Caen can now tap their NFC phone to terminals in Vinci Park car parks to retrieve a virtual parking ticket, with NFC payments due to be added in future…. More

NFC pioneer Proxama cuts jobs ahead of trading update

January 29th, 2015

UK-based mobile marketing and NFC pioneer Proxama has announced a round of redundancies at its Norwich headquarters with up to 21 people believed to be at risk of losing their jobs. The cuts were announced… More

NXP sues Marvell over Xbox NFC chips

January 28th, 2015

NXP Semiconductors has filed a patent infringement suit against rival chip maker Marvell, claiming that the NFC chips supplied by Marvell to Microsoft for use in the Xbox One video gaming console infringe four of… More

Cachet adds prepaid cards to Apple Pay

January 28th, 2015

Prepaid card issuers using Cachet Financial Solutions’ Select Mobile Money white label platform can now offer their customers a way to charge Apple Pay transactions to their prepaid account balance, the company has announced. “iPhone… More

Apple CEO says 2015 will be the “year of Apple Pay”

January 28th, 2015

Apple Pay now accounts for more than two-thirds of Visa, MasterCard and American Express contactless payments by value across the US, Apple CEO Tim Cook has revealed during a first quarter earnings call. Some 750… More

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