What's New in Payments

Revolut lets customers pre-authenticate their contactless card as they approach the SCA transaction limit

Revolut contactless visa card

UK-based neobank Revolut has implemented a Strong Customer Authentication (SCA) system that lets customers use their mobile banking app to authenticate their contactless card as they get close to reaching the new contactless transaction limit, avoiding the risk of having their card declined when they next attempt to make an in-store purchase... More


NFC World

European regulators put brakes on UK NFC joint venture

Orange, O2, Vodafone, T-Mobile

The European Commission has opened an in-depth investigation into the planned NFC joint venture between Everything Everywhere, Telefónica and Vodafone UK which will delay launch until after the London Olympics and casts doubts over the timetable for the introduction of similar projects in a number of other European countries. More