Wednesday 27 July 2016 | RSS

 
    Feedback
     

    Archive: News in brief

    Droplet to close down

    July 18th, 2016

    UK-based mobile payment and rewards platform Droplet is to be discontinued. “We never got to the scale to make Droplet viable as a profit-making business,” CEO Steffan Aquarone says. “We will now be seeking a buyer for the technology, support materials and know-how we’ve built.” British brewer Adnams launched Droplet in 12 stores and 50 pubs in April 2015. More than 100 retailers in Norwich teamed up with the company for a mobile payment loyalty scheme in September.

    Pizza Hut enables orders on social media

    July 14th, 2016

    Customers of Pizza Hut will soon be able to place orders using Facebook Messenger and Twitter through a new chatbot launched by the pizza chain and technology provider Conversable. “With this service, customers will be able to reorder their favourites or saved orders from any US Pizza Hut location by chatting directly with the Pizza Hut accounts on Facebook Messenger and Twitter as well as get answers to frequently asked questions and receive the latest deals and promotions,” Pizza Hut says.

    Gemalto to secure mobile payments in Japan with DNP

    July 14th, 2016

    PARTNER NEWS: Digital security giant Gemalto is to supply its Ezio Mobile Suite to financial solutions provider Dai Nippon Printing (DNP) to help the company secure mobile payments, internet banking and related services in Japan. “With Gemalto’s solution, DNP can offer a strong and scalable cloud-based authentication platform, supporting a wide range of authentication and transaction signing methods, including biometric, one time password and out-of-band,” Gemalto says. DNP selected Gemalto to roll out mobile payment solutions to its customers in October 2015.

    Seamless buys MeaWallet

    July 13th, 2016

    Swedish mobile payment specialist Seamless has acquired third party mobile wallet provider MeaWallet. “The purchase price amounts to approximately SEK 42.8m (US$5.03m) and payment is made through an issue in kind of 4,574,328 new shares in Seamless,” Seamless says. “Through the acquisition, Seamless controls important technology in the rapidly growing field of contactless payments.”

    CVS tests Apple Pay

    July 13th, 2016

    US pharmacy chain CVS is testing support for Apple Pay and is “evaluating” mobile payment options, according to AppleInsider. “Accounts of miscellaneous CVS locations accepting Apple Pay transactions have occurred for about a month on Twitter, and a tip received by AppleInsider suggests transactions are working at a location in Key West, Florida,” the publication reports. CVS is a member of US retailer-led consortium MCX, which ended its CurrentC mobile wallet pilots in June 2016. The pharmacy chain also turned off support for NFC in the wake of Apple Pay’s launch in October 2014.

    Capital One joins ClearXChange

    July 12th, 2016

    Customers of Capital One in the US can now make real-time P2P transactions through Early Warning’s bank-led digital payments network ClearXChange. The bank joins Bank of America, US Bank, JP Morgan Chase and Wells Fargo in supporting the service which was made available to all member financial institutions in June 2015.

    Gemalto unveils three tips for successful NFC deployment

    July 12th, 2016

    PARTNER NEWS: Digital security giant Gemalto has published a blog post that lays out three key tips for mobile NFC success. “If NFC solution providers continue to prioritize positive user experiences and customer journeys, while informing people about the benefits of the technology, then we can see a very promising future ahead for service usage and deployment,” the company’s Rémi de Fouchier says. Case studies of Gemalto’s NFC deployments can be found here.

    TSB to support Android Pay in Q4

    July 12th, 2016

    Customers of UK bank TSB will be able to add their cards to Android Pay and make payments using the mobile payment service from the fourth quarter of this year. “We’ll keep you updated as soon as we know more,” the bank told its customers in a tweet.

    EMVCo and the Fido Alliance to review authentication standards

    July 12th, 2016

    EMVCo and the Fido Alliance have signed a memorandum of understanding (MoU) to review how Fido authentication standards can support EMV payment use cases. “A key aim of the initiative is to investigate providing simpler and stronger authentication for cardholders making mobile payments using on-device authenticators such as biometrics,” EMVCo says. “Initial activities will explore how Fido’s authentication protocol can be used to support EMVCo’s cardholder verification technology.”

    Seqr adds NFC in Sweden

    July 11th, 2016

    Swedish consumers can now make NFC mobile payments using SeamlessSeqr mobile payment platform. “It is now possible to pay with Seqr in any store that supports the functionality in Sweden or abroad, even if a retailer has no private agreement with Seqr,” Seamless says. “Later in the autumn, Seamless’ Seqr contactless payment functionality is going to be released to users globally.” Seqr added support for NFC in April 2013 and host card emulation (HCE) support in October 2015.

    Seqr adds four more countries

    July 6th, 2016

    Swedish mobile payment specialist Seamless has launched its Seqr mobile payment platform in Austria, Ireland, Malta and Luxembourg. “The company’s rapid expansion means that consumers can now use Seqr to make payments in 16 countries,” the company says. Seqr is already available in Sweden, Finland, Romania, Belgium, Portugal, the Netherlands, Germany, Spain, France, Italy, the UK and the US.

    MTA goes live with Masabi mobile ticketing

    July 6th, 2016

    Passengers on New York City’s Metropolitan Transportation Authority (MTA) can now pay for tickets and have them validated on their smartphone. “Passengers on Metro North Railroad (MNR) and Long Island Rail Road’s (LIRR) Port Washington Lines will be able to use their smartphones to buy and display tickets to travel using the MTA eTix mobile ticketing app,” technology provider Masabi says. The service, which uses Masabi’s JustRide platform, will be rolled out across all MTA services by the end of the summer.

    Singapore banks to allow transfers with social media IDs

    July 6th, 2016

    Banks in Singapore are working on a service that would let consumers make payments using their Facebook ID or Twitter username. “The system will allow electronic transfers between account holders who have registered their social media identities with their banks,” The Financial Times reports. “The service will be based on Singapore’s existing internal fund transfer system, known as FAST, which brings together 20 banks to allow near-instant fund transfers.” A pilot is due to take place in early 2017.

    Thinfilm to build NFC platform for medical devices

    July 6th, 2016

    A Fortune 500 pharmaceutical company has partnered with printed electronics specialist Thinfilm to create an NFC OpenSense platform for medical devices. “The partners will leverage Thinfilm’s proprietary NFC technology as a means to improve patient adherence and enhance communication between patients and their caregivers,” Thinfilm says.

    Bitcoin transactions to exceed $92bn in 2016

    July 5th, 2016

    The total value of Bitcoin transactions is expected to exceed US$92bn this year, up from less than $27bn in 2015, Juniper Research predicts. “Transaction volumes continued to be concentrated overwhelmingly on the exchanges, with Bitcoin now trading at values almost 50% higher than at the beginning of the year,” the firm says.

    Xiaomi and MobiKwik launch recharge and bill payments

    July 5th, 2016

    Owners of a Xiaomi handset running the MIUI8 operating system can now recharge their phone and make bill payments with “one touch” using mobile payment platform MobiKwik. “When a user receives a message from their telecom or DTH operator regarding low balance or bill payment, just below the same they will have a Recharge Now button for instant recharge through MobiKwik,” MobiKwik says. “MobiKwik’s partnership with Xiaomi enables the users to recharge right from the reminders that they get from the operators.”

    Dutch contactless usage increases

    July 5th, 2016

    The number of contactless transactions made by Dutch consumers grew by 25% each month throughout 2015, the Dutch Payments Association has revealed. The Dutch payment method iDeal also recorded a 25% growth last year. The service lets consumers make payments by scanning QR codes.

    One in four US smartphone owners use mobile payment apps

    July 4th, 2016

    More than 25% of US smartphone owners make use of mobile payment apps at least once a month, research from Parks Associates reveals. “More than 3m retailers combined accept Apple Pay and Android Pay, but consumers currently prefer retailer-specific apps such as the Starbucks payment app,” the firm says. “The most dominant payment app is currently PayPal, which is used by one in five smartphone owners.” Retail branded apps take second place, followed by Google Wallet/Android Pay and Apple Pay in third.

    Worldline to support Alipay in Germany

    July 4th, 2016

    Payment processor Worldline is adding support for Alipay mobile payments in Germany. “The partnership allows Chinese tourists on trips to Germany to pay conveniently with their Alipay app at authorised retailers,” Worldline says. “The current pilot phases will be completed in July of this year and after that it will go live. The next step will extend the service to other countries.” Alipay partnered with payment provider Concardis to launch the service in Germany last month, marking its European debut after the company unveiled its expansion plans at Money20/20 Europe in April 2016.

    Retailers reward in-app Apple Pay purchases

    July 4th, 2016

    US retailers are offering discounts on in-app purchases made through Apple Pay until September as part of a recently launched iOS App Store promotion. “Hotel Tonight is offering a US$25 coupon for new customer bookings paid for with Apple Pay, while GrubHub is taking $10 off first-time orders,” AppleInsider reports. “Other notables include Ticketmaster, which is knocking 25% off ticket four-packs to select events, a $10 voucher for future purchases from Under Armour‘s UA Shop.”

    Page 2 of 12212345...102030...Last »