Friday 29 May 2015 | RSS

 
  • Featured partners
  • About our partners
Feedback
 

Archive: News in brief

Bell ID analyses Android Pay

May 29th, 2015

PARTNER NEWS: In a blog published today, tokenization specialist Bell ID outlines the differences between Google’s Android Pay, Apple Pay and Samsung Pay, and discusses what the NFC service means for banks. “Will Android Pay dominate the market for mobile payments and go head to head with Apple Pay? Currently, it is looking unlikely,” writes Bell ID’s Martin Cox.

Braintree integrates Android Pay into v.zero SDK

May 29th, 2015

PayPal-owned payment processor Braintree has integrated support for Android Pay into its v.zero SDK to make it easier for merchants to add support for the payment solution as a checkout option inside their Android apps. “We’ve connected with Android Pay on our back end to reduce the number of API calls and provide a streamlined payment flow,” the company says. The SDK already supports debit and credit card payments, PayPal, Venmo, Apple Pay and Bitcoin.

USAA Bank will support Android Pay

May 29th, 2015

USAA Bank has said it will support Android Pay when the NFC payment solution launches later this year. “Members will be able to provision their USAA credit cards for Android Pay starting on the USAA Mobile App or the Android Pay app,” the bank says. “USAA will also be among the first financial institutions to provide the convenience and ease of logging on to the mobile app using Android’s fingerprint support capabilities when Android M launches later this year.” The bank added support for Apple Pay last year.

TAG Systems acquires shares in Seglan

May 29th, 2015

Smart card-based solutions provider TAG Systems has entered into the mobile payments space by acquiring shares in Seglan, the company behind Spanish bank Bankinter’s HCE-based mobile payments service. “As a result of this operation, TAG Systems will offer mobile solutions based on HCE and tokenization to financial institutions, transport operators and merchants,” TAG Systems says.

US Bank cardmembers among first to get Android Pay

May 28th, 2015

US Bank cardmembers will be among the first to have access to Android Pay for credit and debit card transactions when the service launches later this year. “Android Pay gives our customers added value by providing another way to use their US Bank credit and debit cards to pay for purchases with their mobile devices,” says the bank’s Shailesh Kotwal. US Bank will announce more details on the service later in 2015.

Android Pay to support offers and rewards

May 28th, 2015

At “select retailers”, Android Pay will include support for loyalty programs and special offers to be automatically applied at checkout, Google’s Pali Bhat explains in a blog post. “For example, when you tap to buy a Coke at a vending machine, your MyCokeRewards will be automatically applied. With Android Pay the contactless terminal not only receives your payment info, but also your loyalty programs and offers.”

USAT adds support for Android Pay

May 28th, 2015

Cashless vending machine technology provider USA Technologies (USAT) has announced it will be adding support for Android Pay, the NFC mobile payment solution unveiled by Google at the I/O event today. “Making Android Pay available to millions of Android users will present what we believe to be a fundamental shift in convenience and adoption for consumers,” says USAT CEO Stephen Herbert. The company rolled out support for Apple Pay earlier this year and has some 210,000 customer locations.

Apple Pay rewards program looms?

May 28th, 2015

Apple is preparing to unveil enhancements to Apple Pay that will include the launch of a rewards program for the mobile payments service, according to reports. “People familiar with Apple Pay said that, next month, Apple will announce such a program offering perks to consumers who make purchases with the service, though they declined to reveal details,” the New York Times says. It also quotes inside sources confirming that Android Pay and a new Google Wallet will be announced at Google’s I/O developer conference today.

Marriott Hotels lets users check in with Apple Watch

May 28th, 2015

Hotel chain Marriott Hotels has released version 4.6 of its iOS mobile app that introduces support for Apple Watch, enabling users to check in, receive room-ready alerts and check out from their wrist. “Also, view the nearest hotel, your next reservation or your Marriott Rewards account details with a quick glance,” the company explains. Unlike the Starwoods Hotels app, users cannot unlock their hotel room doors using the device at this stage.

StreetSmart offers QR code mobile donations

May 28th, 2015

StreetSmart, an organisation that raises money for homeless charities by adding a voluntary £1 donation onto bills in participating restaurants, is enabling diners to make a mobile donation by scanning QR codes distributed on table cards in more than 600 locations across the UK. The platform is being provided by mobile payments company Zapper, which will also be donating an additional 50p to StreetSmart for every new user that signs up to use the service over the next six months.

Facebook rolls out Messenger payments to New York

May 28th, 2015

Facebook is to roll out its mobile payments service to New York City and surrounding metro areas and will add additional functionality to make it “easier to send and receive money”, an email sent out by the social network and seen by VentureBeat reveals. The service was first unveiled in March as a way for users to send and receive money for free through the Messenger app. New features include hyperlinked dollar amounts and the possibility to send payments to a single person when part of a group conversation.

MCX member Target to support Apple Pay

May 28th, 2015

US discount retail giant Target has become the latest member of retailer-led consortium MCX to reveal its intentions to support Apple Pay, following Best Buy’s announcement that it will roll out support for the NFC mobile payments service this year. “Target CEO Brian Cornell on Wednesday said his company wants to integrate Apple Pay across its retail chain, but must first install POS technology with chip-and-pin or chip-and-signature technology,” Apple Insider reports. MCX requires members to exclusively support its own yet-to-launch CurrentC mobile payments service.

Apple Store purchases get two-step authentication

May 27th, 2015

The Apple Store app for iOS has been updated with two-step authentication, meaning users will now need to enter both a password and a verification code sent to a trusted device before they can complete a purchase. Version 3.3 also lets users confirm their identity via Touch ID before gaining access to their order history and EasyPay receipts, or making reservations at brick-and-mortar Apple Stores, according to AppleInsider.

Mobile payment market worth $2.8tn by 2020

May 27th, 2015

The global mobile payment transaction market will be worth an estimated US$2,849bn by 2020, up from US$392bn in 2014, representing a compound annual growth rate (CAGR) of 39.2%, Future Market Insights has revealed. NFC is expected to exhibit the fastest CAGR (46%) of major mobile payment transaction technologies during the forecast period. Asia Pacific dominated the market with 38% market share in 2014 in terms of users, and is expected to account for a 37% share by 2020.

India’s ICICI Bank launches voice recognition service

May 27th, 2015

India’s largest private sector bank ICICI Bank has become the first in the country to launch a voice recognition-based service, allowing more than 33 million customers to make banking transactions through the bank’s call centre by authenticating themselves using their voice. “Our decision to invest in this new technology was primarily driven by the objective of enhancing the everyday banking experience of our customers,” said CEO Chanda Kochhar.

PayPal adds Touch ID to iOS app

May 27th, 2015

PayPal is letting its iOS mobile app users log in and access “virtually any part” of their PayPal wallet using Apple’s Touch ID. “When you log in to the latest PayPal app on a Touch ID-enabled iOS device, you’ll be asked if you want to enable Touch ID,” PayPal explains. “After a quick setup, simply use your fingerprint to log in and view your account, send money to friends, or access your digital wallet.”

Audi Q7 includes NFC tablet

May 26th, 2015

German car maker Audi’s new Q7 model features an NFC-enabled tablet, allowing passengers to transmit information and entertainment to and from their smartphones which can then be distributed throughout the vehicle. The Audi tablet uses the Android operating system and connects to the car’s MMI information and entertainment system via Wifi, allowing passengers to send a planned route to the driver’s navigation display, for example, or the driver can start a radio or media programme.

Danske Bank pilots Zwipe biometric cards

May 26th, 2015

Denmark’s Danske Bank has become the latest financial institution to pilot a contactless biometric card developed by Norway-based Zwipe that features an integrated fingerprint sensor and has received the backing of MasterCard. “We’re working on this as one of our pilot projects,” Danske Bank told NFC World. “We are not ready to disclose any further [information] at this time.”

UK cash payments fall to 48%

May 22nd, 2015

The total number of cash payments made by consumers, businesses and financial organisations in the UK fell to 48% last year, marking the first time that non-cash payments have exceeded those made with cash, the Payments Council reports. Some 52% of consumers continued to use cash for more than half of their transactions in 2014, however, and “there is no prediction for cash to disappear”.

NXP ‘focused on mobile wallet’

May 22nd, 2015

PARTNER NEWS: “What we’re focused on is the mobile wallet,” NXP CEO Rick Clemmer has told CNBC in an interview in which he discusses the company’s smartphone products, growth in China and its partnership with Qualcomm. “The mobile wallet is really where we bring a unique proposition; we want to be able to supply that across the world with all of the leading smartphone companies to really make life easier and secure.”

Page 1 of 7212345...102030...Last »