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    Archive: News in brief

    PayPal to be payment option in Messenger app

    October 25th, 2016

    Online payments firm PayPal is to extend its relationship with Facebook and Messenger, becoming a payment option within the messaging app. PayPal customers will be able to link their accounts to Facebook and Messenger at the checkout, while those in the US will also be able to get notifications in Messenger. Bill Ready from PayPal said the deal would “help make mobile commerce smarter, simpler and more secure for consumers as well as merchants”.

    App users positive on mobile payments

    October 25th, 2016

    Consumers like the majority of mobile payment apps on the market and expectations of digital banking and payments are rising, according to a survey of user reviews of America’s flagship apps. ARC — the research arm of digital experience testing company Applause — found Chase leads the mobile banking industry, taking both top spots across banking and payment apps, while Citi and Capital One improved dramatically.

    Partnership deal for contactless payment wearables

    October 25th, 2016

    Mastercard has announced a partnership with wearable payments platform provider Fit Pay to bring contactless payments to wearables and internet of things devices. The payments giant says the companies will integrate the Fit Pay platform with the MasterCard Digital Enablement Service, and work with Wearatec and other device manufacturers to develop a “variety of secure contactless payments-enabled devices”. More than 2.5m devices are expected to be enabled for payments in 2017, Fit Pay says, with the number rising to more than 9m in 2018.

    Alipay targets 2bn global users

    October 25th, 2016

    Chinese mobile payments giant Alipay is targeting 2bn users globally in the next decade, the company’s Douglas Feagin has revealed at Money20/20 in Las Vegas. “Our goal is to expand our business from 450m users in China to over 2bn worldwide over the next decade,” Feagin says. “We want to achieve over one million merchants outside of China over the next several years.” Alipay is expanding its presence in US and European retail stores via a deal with POS maker Verifone. A similar deal with First Data has also been unveiled, allowing Chinese consumers to shop at select locations in California and New York from next month.

    Alipay gains acceptance in US and Europe

    October 24th, 2016

    Chinese mobile payments giant Alipay is expanding its presence in US and European retail stores via a deal with POS maker Verifone. The move will see the Alipay App available on Verifone e355 mobile point-of-sale terminals so that retailers equipped with the mPOS device can accept mobile payments from Chinese Alipay users. “The goal is to enable our customers to walk into a store while traveling abroad and pay for purchases with the Alipay App — just like they do here in China,” says Douglas Feagin, SVP of Ant Financial Services Group and Head of Alipay International.

    Blockchain authentication for mobile transactions

    October 24th, 2016

    South Korea’s KB Kookmin Card is working with Bitcoin exchange service startup Coinplug to release a blockchain-based personal authentication service for mobile transactions next month, Pulse reports. It will first be implemented in its mobile credit card app, simplifying the current system that requires additional personal authentication steps for logging in, registering a new credit card and for making mobile payments of 300,000 won (US$264.08) or above.

    Delhi commuters to get wearable travel cards

    October 24th, 2016

    Delhi Metro Rail Corporation (DMRC) is to release wearable travel smart cards from next month, The Hindu reports. “Affordable” wrist watches, wristbands and mobile covers will be available, with the corporation hoping to sell about 6,000 items each month initially. “We have already finalised a vendor who will install these chips inside the merchandise,” a DMRC spokesperson says.

    US banks unveil money-transfer app

    October 24th, 2016

    America’s biggest banks have launched a money-transfer app to compete with PayPal, Venmo and Square Cash, Reuters reports. Zelle, developed by bank-owned Early Warning Services, is built on top of a payments network that connects the country’s five biggest banks — and others — including Chase, Citi and Bank of America. Another 20 banks will be added early next year. “This is about creating a wide, and inclusive, alternative to cash and checks for everyone,” says Early Warning Services chief executive Paul Finch.

    US banks told to improve cyber security

    October 24th, 2016

    Bank regulators in the US have outlined cyber security standards designed to protect financial markets and consumers from online attacks against the nation’s financial firms, Reuters reports. Leading banks will be expected to use the most sophisticated anti-hacking tools on the market and to be able to recover from any attack within two hours. Banks with assets of at least US$50bn must satisfy new rules that will be finalized “in the months ahead”.

    Face recognition ticketing system unveiled

    October 24th, 2016

    Singapore-based ST Electronics is developing a transport ticketing system that uses facial recognition technology to recognise and charge commuters as they pass through fare gates. The Advance Fare Gate (AFG) “caters to the technology-savvy commuters who embrace cashless payment methods… and the latest modes of mobile payment,” the company says.

    Apple Pay arriving in Germany?

    October 21st, 2016

    Apple Pay is about to launch in Germany, if a series of hints on the Apple website is confirmed. A recently edited article, spotted by a Reddit user, contained an image of Germany in a global coverage map dated October 10, which was updated with the country removed a week later. An apple.com/de/apple-pay URL, which is currently inactive, has also been spotted in search results.

    Chicago mobile ticket app hits 1m downloads

    October 21st, 2016

    The Ventra mobile ticketing app introduced by Chicago’s Metra commuter rail service in November 2015 has been downloaded more than one million times and used by passengers to pay for more than US$110m in fares. “The Ventra app truly transformed the way people across Chicago engage with transit each day,” says Matt Cole, president of Ventra app developer Cubic Transportation Systems.

    Dubai bus passengers to get hands-free smart ticketing

    October 21st, 2016

    The Roads and Transport Authority (RTA) in Dubai is developing a smart ticketing system that will check passengers in and out hands free using their smart cards or smartphones. “Once the commuters hop on the bus with smart cards/smartphones in their pockets, the on-board smart fare collection system immediately registers the time of riding and the location of the bus, and processes automatically the fare payment required. No user interaction,” says Adel Shakri at RTA.

    Visa works on blockchain B2B payment system

    October 21st, 2016

    Visa says it is working with blockchain developer Chain to develop a near real-time transaction system for high-value international payments between participating banks. “The time has never been better for the global business community to take advantage of new payment technologies and improve some of the most fundamental processes needed to run their businesses,” says Visa’s Jim McCarthy. The Visa B2B Connect system will pilot in 2017.

    Gemalto mobile security survey

    October 20th, 2016

    PARTNER NEWS: A 17-page survey that reveals key insights into the expectations of end users when it comes to app usage and mobile security is now available from digital security company Gemalto. “Overall, the insights revealed similar trends in attitude that transcend regional/cultural differences,” Gemalto says. “In this report, we use these insights to offer a series of recommendations to help build greater trust in the mobile ecosystem, and deliver a secure and convenient experience for users.”

    Azimo adds Siri money transfers

    October 20th, 2016

    Users of the Azimo money transfer service can now send money through Apple’s voice-activated Siri system. “Customers can transfer money by telling Siri the amount of money they want to send and the recipient’s name,” Azimo says. “Existing Azimo customers can get the free iOS upgrade now by clicking the App Store icon and tapping updates in the bottom right.”

    Gemalto explores MNO role within eIDAS regulation

    October 19th, 2016

    PARTNER NEWS: A four-page white paper exploring the role of the mobile network operator (MNO) in digital identity, authentication and digital signatures — within the framework of the European eIDAS regulation — is now available from digital security giant Gemalto. “The eIDAS regulation enables the use of electronic identification (eID) and electronic trust services by citizens, businesses and public administrations to access online services or manage electronic transactions,” Gemalto says. “Find out why MNOs are ideally positioned to act as trust service and eID providers for companies and governments, leveraging their five field-proven key assets.”

    UPDATE The white paper is now available free of charge for NFC World Knowledge Centre members here.

    Verifone deploys mobile API standard

    October 19th, 2016

    Verifone is deploying a new mobile API standard to improve interaction between mobile payment and loyalty apps in gas stations and convenience stores. The company worked with Conexxus to deploy the standard across a “wide variety of applications including retail-branded apps and direct automated clearing house payment at the pump with community banks,” according to Verifone.

    Orange Cash extends to French teens

    October 19th, 2016

    Orange is extending its Orange Cash NFC-based mobile payment service to teenagers in France, enabling those aged up to 18 to use the service with their parents in charge. “To create an account, parents or legal guardians sign up over the web interface of Orange Cash and install the app on their children’s smartphones,” platform provider Wirecard says. “Via the web interface, parents are in control of the sums of money, which should be charged on the account and get a real-time overview of the expenses.” Orange Cash launched in France in October 2015.

    Apple Pay adds US banks and BA app support

    October 19th, 2016

    Apple has added 24 banks and credit unions to its list of Apple Pay supporting financial institutions in the US, AppleInsider reports. The mobile payment service is now also supported in British Airways’ mobile app, allowing Apple Pay users in the UK to book and pay for flights directly from their mobile phone.

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