US retailer-led consortium MCX is to add ACH payments capabilities to its CurrentC mobile wallet, using technology developed by Buy It Mobility Networks (BIM)... More
- Eventbrite brings tap to pay to the events industry
- Biometric card pioneer backs away from payments citing lower-than-expected market uptake
- EU calls for feedback on proposed settlement with Apple over NFC chip access
- Google signs deal to take UPI beyond India
- NFC Forum spells out DPP ambitions in ebook
Citrus Pay raises $25m
Indian payment services provider Citrus Pay has raised approximately US$25m from a consortium of new and existing investors... More
Eftpos chooses Bell ID for mobile payments in Australia
PARTNER NEWS: Debit card payment network Eftpos is to use Bell ID’s Token Service Provider platform to provide secure tokenization services to the Australian payments industry. More
32% of US retailers to accept contactless by 2019
Nearly a third (32%) of retail establishments in the US will accept contactless EMV card payments by 2019, Javelin forecasts... More
Telkom Indonesia to work with Sony to launch NFC mobile services
Telkom Indonesia has signed a memorandum of understanding with Sony to develop an NFC platform based on Sony’s FeliCa technology that will let consumers in Indonesia use NFC mobile phones, smartcards and other devices for payments, rewards, access control and transit ticketing. More
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Velocity Mobile picks up Tab
Restaurant payment app provider Velocity Mobile has acquired Tab Payments, a mobile payments app for diners in Canada accepted at more than 100 restaurants in Toronto and Montreal... More
NXP backs NFC hackathon
PARTNER NEWS: Chip maker NXP is sponsoring a series of hackathons centred on NFC, Bluetooth Low Energy and RFID technologies... More
Telkomsel launches NFC mobile payments and loyalty service in Indonesia
Mobile network operator Telkomsel Indonesia has launched an NFC mobile payment and loyalty service in partnership with Verifone Mobile Money and financial services provider Finnet Indonesia to allow more than 140m subscribers to tap and pay with their mobile device at participating merchant locations. More
MasterCard to extend tokenization to commercial credit cards
MasterCard is to provide tokenization services to commercial credit card issuers, enabling corporations and business travellers to load eligible corporate credit cards within participating mobile and digital wallet services using the MasterCard Digital Enablement Service (MDES)... More
MCX expands CurrentC beta to 150 stores
US retailer-led consortium MCX is expanding its CurrentC mobile wallet pilot to further locations across Columbus, Ohio, making it available for use in nearly 150 stores. New participating retailers include Kmart, Sam’s Club, Sears and Walmart. More
Gemalto to deliver mobile payment solutions to Japan’s Dai Nippon Printing
PARTNER NEWS: Digital security giant Gemalto is to provide its mobile payment solutions to Dai Nippon Printing (DNP), an NFC technology supplier and solution provider for financial institutions in Japan. More
Square to go public
Mobile POS provider Square has filed for an initial public offering following reports that the company was planning to do so in July 2015... More
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Capital One adds NFC mobile payments to wallet app
Capital One has become the first US bank to enable NFC payment capability within its own mobile app to allow customers to pay at any contactless terminal using their mobile device. More
Carta launches turnkey tokenization platform for cloud-based payments
PARTNER NEWS: Transaction technology provider Carta Worldwide has introduced an appliance-based turnkey solution that aims to dramatically reduce the time it takes for large banks, processors and domestic networks to bring tokenized HCE mobile payment services to market. More
Blocks smashes Kickstarter campaign for build-your-own NFC smartwatch
A UK startup raising funds on Kickstarter for a modular smartwatch that includes NFC and contactless payment functionality has amassed pledges totalling more than double its US$250,000 target in just two days. More
Zwipe raises $5m for fingerprint cards
Zwipe, maker of a contactless payment card that includes an integrated fingerprint sensor, has raised US$5m in funding from Photon Future... More
NFC Forum issues new technical specifications that widen tag support and enhance interoperability
The NFC Forum has published one adopted and three candidate technical specifications, offering new capabilities that support improved RF communication, new and legacy tag support, NFC-V technology and active communication mode, which balances power consumption and enhances link stability during peer-to-peer communications. More
Apple Pay adds 29 US banks
Apple has added 29 more banks and credit unions to its list of Apple Pay supporting financial institutions in the US... More
Swatch launches NFC payment watch in China
Swiss watchmaker Swatch has launched an NFC watch in China in partnership with China UnionPay and Bank of Communications that will let consumers make payments with a tap of their wrist in stores across the country. More
One billion people make use of mobile banking
More than 1bn mobile phone users will have used their devices for banking purposes by the end of this year, Juniper Research predicts... More