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Archive: News in brief

Turkish Airlines offers travel benefits via BLE

July 25th, 2014

“Visitors to Turkish Airlines’ Lounge Istanbul at Atatürk Airport will now be able to access the digital Sky Library on their own devices following the installation of iBeacons in the lounge,”  Future Travel Experience reports. “When a passenger with the app installed on their device is within the vicinity of an iBeacon, they will automatically receive a WiFi password, a support number and access to the Sky Library, which includes a selection of digital books and magazines.”

Xbox to get mobile purchasing

July 25th, 2014

Starting with the next Xbox One update, expected to arrive in August 2014, “you will be able to buy games and add-on content from your mobile device,” The Next Web reports. “The best part: if your console is set to automatically take updates, it will begin downloading your purchase even if you are not home.”

USI to supply iWatch chips?

July 25th, 2014

“USI is the sole SiP [system in package] supplier for iWatch devices, which are expected to come in three versions: one style for men, one for women, and another low-cost version due for release in 2015″, sources have told Taiwan’s DigiTimes.

Apple and Swatch team on iWatch?

July 25th, 2014

Apple is working with a number of partners, including Swatch, to release a line of smartwatches in a variety of branded styles and price points, VentureBeat reports.

Square adds actions to POS transactions

July 25th, 2014

“Square Register’s sales, refund and settlement data can now all be used as triggers for IFTTT recipes,” GigaOm reports. “If an employee makes a big sale, IFTTT could automatically send a congratulatory email or SMS to the salesperson or note the sale in a Google Doc. Or if a store issues a big refund, IFTTT could notify the owner, reminding him or her to follow up with the dissatisfied customer.”

Visa invests in LoopPay

July 25th, 2014

Visa has invested an undisclosed sum in Magnetic Secure Transmission (MST) inventor LoopPay. “The investment is part of a larger strategic funding round for LoopPay, announced earlier this month, which includes Synchrony Financial (formerly GE Capital Retail Finance) and other strategic partners not yet named,” the mobile payments startup says.

Waitrose showcases QR payments

July 25th, 2014

Upmarket UK supermarket chain Waitrose has shown off a proof-of-concept mobile shopping service, based on Ensygnia’s Onescan technology, that “allows customers to complete a payment in-store using a mobile phone app, completing a purchase direct from any iPad screen in the store, without the need to head to the till point”.

Korean banks accelerate mobile wallet plans

July 25th, 2014

Korea’s banks are making a renewed push on mobile payments in the face of increasing competition from outside the financial services sector, Korea Bizwire reports, citing Hana Bank’s ‘Hana N Wallet’, Industrial Bank of Korea’s ‘IBK One Money’, and Shinhan Bank’s ‘Zoo Money’ and ‘My Shinhan Pay’ services. “The sense of urgency that IT companies are encroaching on the mobile payment market is making banks competitively beef up their smartphone-based electronic commerce services and scramble into the war of mobile wallet,” it says.

Consumers shop more on smartphones

July 25th, 2014

“Nearly all mobile payments growth on Adyen’s platform in Q2 originated from smartphones,” the payments processor’s latest global Mobile Payments Index has found. “Europe leads the world in mcommerce transactions, with 22.7% of all transactions originating from a mobile device (12.4% phone; 10.3% tablet). This represents a near 40% increase from June 2013, when mobile represented 16.3% of total transactions.”

Worapay raises funds

July 25th, 2014

Lithuania-based mobile wallet platform provider Worapay has raised €400,000 in new funding from Israel’s Entree Capital, Verslo Zinios reports. The company currently operates in Lithuania and Estonia and has launch plans for Latvia, Poland, Czech Republic, Finland and Spain.

Target launches image recognition app

July 23rd, 2014

US retail chain Target has launched an image recognition app that lets customers buy items from magazine adverts, catalogs and other media showing the retailer’s ‘In a Snap’ icon. Shoppers hold their phone over a product to capture its image and are then presented with product information and the ability to add the item to their cart and buy it from Target.

IBM partners with Monitise

July 21st, 2014

IBM and Monitise have formed a strategic alliance designed to help financial institutions deliver cloud-based mobile banking, payments and commerce solutions to their customers. “The combination of our capabilities with Monitise will provide value to our clients, enhance the customer experience and drive business growth,” says IBM senior vice president Steve Mills.

Nintendo adds NFC payments

July 21st, 2014

Nintendo Wii U users in Japan can now use the NFC interface built into their GamePad controller to purchase games with a Suica contactless payment card. The plan to offer contactless payments was detailed by Nintendo president Satoru Iwata in May this year. Gamers that use the service will receive Suica loyalty rewards at the rate of one point for every ¥200 they spend.

Barclays reports Pingit stats

July 18th, 2014

Barclays’ Pingit P2P payments service has been used to send £540million since the launch of the service in February 2012, the bank has revealed, and the app has been downloaded 3m times. One in four UK Pingit users are based in London and users in the capital sent more than £60m via Pingit in the first six months of 2014.

Wallaby launches Gear 2 app

July 18th, 2014

Card management app Wallaby, which helps holders of multiple credit cards view their balances and decide which is the best to use for any given transaction, is now available for use on Samsung Gear 2 smartwatches. Wallaby already offers apps for Google Glass and the Pebble smartwatch.

Apple expands iTunes Pass availability

July 18th, 2014

Apple’s new iTunes Pass service, which enables iOS users to buy iTunes credit from their mobile device rather than purchase a physical gift card, is now available internationally, 9to5Mac reports. iTunes Pass buyers need to visit an Apple store in order to activate their purchase.

Facebook tests buy button

July 18th, 2014

Facebook is testing a ‘buy’ button which allows consumers to purchase products through the social media platform. “With this feature, people on desktop or mobile can click the ‘buy’ call-to-action button on ads and page posts to purchase a product directly from a business, without leaving Facebook,” says the social network.

Twitter buys Cardspring

July 18th, 2014

Twitter has acquired card-linked offers platform Cardspring for an undisclosed sum. “As we work on the future of commerce on Twitter, we are confident the CardSpring team and the technology they have built are a great fit with our philosophy regarding the best ways to bring in-the-moment commerce experiences to our users,” Twitter says.

CrucialTec to secure mobile banking with fingerprints

July 18th, 2014

Korean mobile input technology specialist CrucialTec is developing a fingerprint authentication solution that will replace passwords when consumers access mobile banking services on their smartphones, Korea Herald reports. The solution, which is designed to achieve the necessary security certification for use in online banking in Korea, is set to be introduced later this year.

PayPal volumes grow 29%

July 18th, 2014

PayPal’s total payment volume (TPV) grew 29% with merchant services volume up 35% and on-eBay volume up 13% during the quarter to end June 2014, parent eBay has reported. Revenue grew to US$1.9bn and PayPal gained four million new active accounts to end the quarter up 15% year-on-year at 152m users.

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