Thursday 28 August 2014 | RSS

 
Feedback
 

Archive: News in brief

Smart Card Alliance offers HCE paper

August 27th, 2014

The Smart Card Alliance has published Host Card Emulation (HCE) 101, a white paper that “takes a deep dive into HCE and NFC opportunities and security considerations”. HCE is “an opportunity for application developers to more easily provide convenient and consumer-friendly NFC applications, but also increases the chances of hackers gaining access to information through malware and/or denial of service attacks,” says executive director Randy Vanderhoof.

Citi launches digital wallet

August 27th, 2014

Financial services giant Citi has launched a digital wallet that uses MasterCard’s MasterPass technology to let US credit card holders “more quickly and conveniently make purchases at thousands of online merchants”. Customers who sign up for Citi Wallet will “no longer have to enter their credit card, billing and shipping information when making purchases,” the bank says.

Estimote unveils BLE stickers

August 27th, 2014

Bluetooth Low Energy (BLE) beacon maker Estimote has introduced a new product category that it calls “nearables”, stickers that contain a Bluetooth Smart controller, an ARM processor and both an accelerometer and a temperature sensor. “Simply attach a sticker to an item to turn it into a nearable — a smart, connected object that broadcasts data about its location, motion and temperature,” the company says.

Boston Fed reports on mobile payments

August 26th, 2014

The Federal Reserve Bank of Boston has published Update on the US Regulatory Landscape for Mobile Payments, a summary of the latest meeting of the Mobile Payments Industry Workgroup (MPIW). “The industry and regulators are still trying to come to a common understanding about the different mobile technology solutions and how they impact the payments system,” the report found.

Walmart moves to EMV

August 26th, 2014

Walmart MasterCard holders are to receive a replacement card “in the next few weeks” that includes an EMV chip. “Walmart has long been a proponent for EMV chip technology and installed EMV-capable terminals in stores about eight years ago,” SVP Mike Cook and MasterCard North America president Chris McWilton explain. “These terminals are now activated in more than 4,600 stores, including all Sam’s Club locations. Terminals in the remaining US stores will be activated before the end of the year.”

NTT Docomo picks Gemalto for NFC

August 26th, 2014

NTT Docomo, Japan’s largest mobile phone carrier, is to use Gemalto’s Allynis trusted service management (TSM) service and its UpTeq SIMs for the rollout of its NFC platform. “The launch will deliver a rich variety of contactless services encompassing mobile payments, loyalty programs, e-ticketing and access control,” Gemalto says.

QikServe raises funds

August 26th, 2014

QikServe has raised a further US$880,000 to support the expansion of its mobile ordering and payment platform for the hospitality sector. The funds “will provide the resources needed to support our strategic partners as well as continue to roll out our mobile ordering system with customers in our target markets”, says CEO Ronnie Forbes.

Twitter to add payments?

August 26th, 2014

Twitter is to launch a new service in collaboration with Stripe later this year that will let users make purchases from inside a tweet, Re/code reports. By clicking a ‘Buy’ button, “shoppers are expected to be able to enter payment and possibly shipping information without leaving Twitter’s service”.

eBay to spin off PayPal?

August 26th, 2014

eBay is considering a spinoff of its payments service PayPal as early as next year, Reuters reports, but details of the move and what structure it could take remain unclear. “The board will continue to assess all alternatives to create that long-term value and to enhance the growth and competitive positions of both eBay and PayPal. This position has not changed,” says eBay spokeswoman Amanda Miller.

Aruba Airport to test biometric tokens

August 21st, 2014

Air France-KLM is to test a single biometric passenger token concept at Aruba Airport, Future Travel Experience reports. “When a passenger checks-in, their e-passport will be validated and either a photo of their face, an iris scan or their fingerprint or a combination of two or more will be collected. This information will then be used as the identifier at all other checkpoints, ranging from bag drop to boarding.”

EyeVerify raises $6m

August 21st, 2014

EyeVerify has raised US$6m in Series A funding for a service that uses the camera in a mobile phone to secure access to mobile banking and other apps. The company’s Eyeprint Verification System captures and compares the pattern of blood vessels in the whites of the user’s eyes and is expected to be used “in financial services, enterprise mobility management, mobile security, telecoms, healthcare and government”.

Levi’s Stadium adds BLE beacons

August 21st, 2014

The Levi’s Stadium in San Francisco has installed 1,700 Bluetooth Low Energy (BLE) beacons that can be used “to give people pinpoint directions to their seats as well as to any other place in the stadium,” Time reports. “They can also be used to send them alerts about specials from concession stands and other promotions.”

US to get 575m chip cards next year

August 21st, 2014

More than 575million EMV payment cards will have been issued by the end of 2015 by nine leading US card issuers who are members of the Payments Security Task Force (PST), an organisation set up in March 2014 “to drive executive level discussion that will enhance payments system security”. Members of the PST include Bank of America, Capital One, Chase, Citi, Discover, First Data, MasterCard, Visa, US Bank and Wells Fargo.

Paym reaches 1m users

August 7th, 2014

More than one million Brits have now registered for Paym, the mobile payments service operated by the UK’s Payments Council, with just over £6.5m being sent on the platform since its launch in April this year. “It’s hugely encouraging that one million people have chosen to register for Paym already, but this milestone only marks the start of growth in the service,” says the company’s Jemma Smith.

SIMalliance publishes NFC paper

August 6th, 2014

The SIMalliance has set out its recommendations for UICC configuration and feature requirements for NFC payments in a new paper called UICC Configuration for Mobile NFC Payments v1.0. “One of SIMalliance’s greatest priorities is to continue to drive UICC interoperability,” says the association’s Frederic Vasnier. “Our sight remains firmly fixed on helping MNOs ease third-party access to their subscribers via NFC-enabled SIMs.”

One Stop gives mobile vouchers

August 6th, 2014

UK convenience store chain One Stop is introducing Eagle Eye’s AIR technology in all of its 700-plus stores to issue real-time, personalised offers to customers via SMS and email that can be redeemed in-store on a mobile device. “The SMS or email that they receive will come with a barcode which can be scanned at till,” Eagle Eye told NFC World+.

KakaoTalk to add payments

August 6th, 2014

Korean mobile messaging service Kakao is to launch a new payment solution in September, in collaboration with nine credit card firms, that will let its 100 million KakaoTalk customers make payments using only their password. “Through integration of the payment modules to the KakaoTalk network, the company will help users buy goods simply with the KakaoTalk password once they register credit card or account information at the first transaction,” the Korea Times reports.

London buses accept NFC payments

August 5th, 2014

London buses now accept payments made using mobile network operator EE’s Cash on Tap NFC solution. Travellers will also be able to pay with NFC on the London Underground, Docklands Light Railway and London Overground from 16 September 2014.

UK contactless transactions surge

August 5th, 2014

The number of UK contactless payments has risen 18% in just one month to almost 20 million transactions in May 2014, Visa Europe has revealed. “Growth in Visa contactless payments is accelerating at a phenomenal pace,” says Mark Austin, director of contactless at Visa Europe.

GameStop deploys BLE in stores

August 5th, 2014

Video game retailer GameStop is deploying Shelfbucks beacons in test markets including Austin and College Station, Texas this month to deliver offers and relevant data to a shopper’s smartphone running a mobile app developed by BestFit Mobile. “We can deliver personalisation at a much higher level, ensuring customers always have access to relevant product offers, including product ratings and reviews, when and where it matters to them most,” says GameStop’s Charlie Larkin.

Page 1 of 5212345...102030...Last »