“Within the last 36 hours, we learned that unauthorized third parties obtained the email addresses of some of our CurrentC pilot program participants and individuals who had expressed interest in the app,” retailer-owned mobile payments consortium MCX has revealed... More
Archive: Newswire
White paper explores the role of TSMs in cross-border NFC payments
A 26-page white paper that explores the role of the trusted service manager (TSM) and whether they can help or hinder the globalisation of NFC services is now available for download in the NFC World+ Knowledge Centre... More
A million consumers sign up for Apple Pay in first 72 hours
Apple Pay saw more than one million card activations within 72 hours of launch and is already the leading NFC payments player in the US, Apple CEO Tim Cook has revealed during the Wall Street Journal’s WSJDLive event. Cook also outlined future growth plans for the service, including a potential partnership with Chinese ecommerce giant Alibaba. More
NRF defends retailers’ decision to block NFC payments
“Merchants large and small make business decisions every single day based upon what makes the best sense for the business, their associates and most importantly, their customers,” says Mallory Duncan, senior vice president of the US’s National Retail Federation, in a statement issued in the wake of the decision taken by CVS and Rite Aid to stop accepting Apple Pay and other NFC payments... More
US payments body hits out at Rite Aid and CVS
“The decision by CVS and Rite Aid to block mobile payments services like Apple Pay, Google Wallet and Softcard is anti-consumer and anti-competitive,” says US-based trade body the Electronic Transactions Association (ETA), following the MCX consortium members’ decision to stop accepting NFC payments... More
MCX retailers turn off NFC payments
US pharmacy chains Rite Aid and CVS, both members of the MCX retailer-owned consortium which is due to launch its CurrentC mobile payment service in 2015, have stopped accepting NFC payments in the wake of the launch of Apple Pay. More
Swirl serves ads to shoppers inside stores
Proximity marketing specialist Swirl has unveiled an in-store programmatic ad exchange that enables retailers and brands to reach consumers with relevant content and offers on their smartphones while they shop at participating locations... More
SIA offers Europeans instant P2P payments with Jiffy
Payment processor SIA has launched a peer-to-peer payments service that lets users send and receive money in real-time with their smartphone... More
Survey finds US consumers willing to switch platforms to get Apple Pay
Almost half (45%) of US smartphone owners with non-iOS devices would be willing to switch to an iOS device in order to gain access to Apple Pay, a study from market research firm Lab42 has revealed... More
Total and BKM Express launch in-car mobile payments
Oil and gas company Total is to begin accepting mobile payments through a partnership with card payment system operator BKM at its petrol stations across Turkey that will let Club Total members make a payment without having to leave their car... More
SimplyTapp launches open source tokenization project
A new open source software project designed to help banks offer tokenized card payments has been launched by HCE specialist SimplyTapp... More
Chicago to get NFC mobile ticketing in 2016
Travellers across Chicago will be able to pay for rides on all three transit systems including Chicago Transit Authority (CTA) trains and buses, Metra commuter rail and Pace suburban buses with a mobile app next year, and “with a few taps on their mobile devices” from early 2016... More
Discover CEO outlines plan to join Apple Pay
Discover CEO David Nelms has spoken out about his expectation that the company will eventually participate in Apple Pay, explaining that the company is “actively working to be included over time.”... More
Researchers show off ‘skin buttons’ for smartwatches
Carnegie Mellon University’s Future Interfaces Group has developed a system that will allow smartwatches to laser project icons representing device functions or notifications for missed calls and messages onto the wearer’s skin... More
Apple Pay glitch charges customers twice
Some Apple Pay users have been charged twice for purchases made using a Bank of America card, CNN’s Samuel Burke discovered after using the service to make purchases at Whole Foods and Duane Reade earlier this week. More
Bell ID offers tokenization management software
PARTNER NEWS: Payment credential management specialist Bell ID has introduced Tokenization Manager, a software solution that can be used by token requesters such as card issuers to manage payment tokens, by digital wallet providers to deliver tokens to support mobile NFC payments and by merchants to replace the need to store customers’ card numbers... More
YesTap tests NFC shopping wall in Amsterdam
Mobile ordering startup YesTap has installed an NFC-based interactive shopping wall at Google’s Amsterdam offices which lets employees tap to order groceries and make a payment on their mobile device before collecting the items at the end of the day. More
Core Jewels offers diamond rings with NFC
Tokyo-based jeweller Core Jewels is taking orders for the world’s first high-end diamond jewellery products that come equipped with NFC... More
Revolution Money founder raises funds for location-based marketing venture
Jason Hogg, founder and former CEO of Revolution Money and a co-inventor of the technology behind American Express’ Serve and Bluebird services, has raised US$6.2m for Hangit, a location-based messaging platform that, he told NFC World+, aims to give small merchants “the same skills and capabilities a large retailer would have with their marketing platforms.”... More
Google discusses Wallet plans
Google has talked about its plans with regard to its Google Wallet app and mobile payments, hinting at possible partnerships and insisting that the company is still trying to “get it right.”... More