The UK’s Royal Mint is working with derivatives marketplace CME Group to develop a new gold trading system using blockchain technology... More
United Kingdom
Mastercard and Verifone unveil Instalments payments app
British consumers will be able to spread the cost of high-value in-store payments following a partnership between Mastercard and Verifone... More
Alzheimer’s Research UK promotes Christmas ad through Proxama’s beacon network
PARTNER NEWS: Alzheimer’s Research UK (ARUK) is using Bluetooth Low Energy (BLE) beacons on digital payment solutions provider Proxama’s beacon network to promote its Santa Forgot Christmas campaign... More
Android Pay launches with single bank support in New Zealand
Android Pay is launching in New Zealand initially only for customers of BNZ bank who own a Visa Flexi debit card... More
Off the cuff mobile payments from British fashion brand
British accessories brand Tovi Sorga is working with Barclaycard to include contactless payment chips to their wallet cuff range, allowing wearers to make purchases across the UK... More
Growth in millennials’ mobile commerce use
Eighty-eight percent of US millennials are conducting transactions from their mobile device with 15% doing so multiple times a day, research from mobile capture and identity verification firm Mitek shows... More
JustGiving to aid contactless donations
Online donation platform JustGiving has showcased a prototype for a TapDonate mobile app in collaboration with UK charity Bloodwise that will enables contactless card donations to be made to charities through PayPal Here... More
Covent Garden offers augmented reality gift for Christmas shoppers
London’s Covent Garden shopping district is showcasing what it claims to be the largest showcase of augmented reality (AR) technology attempted in one location, with Christmas shoppers offered exclusive offers, gift guides and immersive shopping experiences... More
Barclays pilots cash withdrawals using NFC mobile phones and contactless cards
UK bank Barclays has begun piloting a contactless mobile cash service that will enable customers to withdraw cash with a tap of their NFC mobile phones or contactless debit card... More
Criminals reported to have used NFC mobile phones in Tesco Bank attack
UPDATE The criminals behind a Tesco Bank attack used NFC mobile phones to launder money stolen during a theft that saw about 9,000 customers affected by fraudulent transactions worth an estimated £2.5m (US$3.1m), according to a report in The Sunday Times... More
UK bank to extend trial of behavioural biometrics security
UK bank Natwest has trialled a behavioural biometrics system designed to offer continuous authentication throughout an online banking session, using more than 500 behaviour patterns to identify users and prevent fraud from unauthorised logins and automated attacks... More
Android Pay launches in Poland
Android Pay has begun rolling out across Poland, allowing consumers with compatible devices to make payments at more than 400,000 retail locations in the country that accept contactless payments... More
UK bank celebrates blockchain contactless payments trial
Metro Bank in the UK has successfully trialled a blockchain retail payment system, allowing consumers to make purchases from merchants equipped with contactless terminals, with merchant and consumer balances updated in real time... More
Seqr launches P2P payments in 14 European countries
Swedish mobile payments specialist Seamless’ Seqr mobile payment platform has launched a P2P money transfer service that enables users to instantly transfer money to each other “regardless of where they are in the world”, the company says... More
PayPal launches Siri payment requests in 30 countries
PayPal has enabled money transfers via Apple’s Siri voice command function, enabling users with iOS10 devices to make payments by speaking requests... More
UK government to invest in Fido authentication
The UK government is to invest in Fido authentication as part of its £1.9bn (US$2.3bn), five-year UK National Cyber Security Strategy, aimed at defending its online systems and infrastructure... More
Poppy Appeal gets contactless donations
UK consumers can make a donation to The Royal British Legion’s Poppy Appeal by tapping their contactless card or NFC device against contactless donation tins in 13 branches of UK bank Natwest... More
Caffè Nero to build mobile payments with Yoyo Wallet
Coffee chain Caffè Nero is to build a mobile payment and loyalty platform for its customers using technology supplied by QR code-based platform Yoyo Wallet... More
European millennials demand higher standards for mobile payments services
One fifth of German millennials (21%), more than a third of Dutch millennials (36%) and Italian millennials (37%) and a quarter of UK millennials (25%) are now making mobile payments in-store, online and in-app, research released by UK payments infrastructure operator VocaLink reveals... More
UK consumers say mobile payments are ‘life changing’
More than one third of UK consumers (37%) describe mobile payments as “life changing” while 57% say the same thing for contactless transactions, research by UK bank Barclays reveals... More