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    Apple Pay adds Visa, MasterCard and five major banks in Singapore

    May 25th, 2016

    Consumers in Singapore can now add their MasterCard and Visa cards to Apple Pay, after the mobile payment service launched there in April 2016 with support from American Express alone. Five of the country’s major… More

    OT to add biometrics to its Pearl embedded secure element

    May 17th, 2016

    Precise Biometrics has entered into an agreement with Oberthur Technologies (OT) licensing the integration of its Precise BioMatch Embedded fingerprint recognition solution into OT’s Pearl embedded secure element. “The partnership with Precise Biometrics enables OT to offer convenient and secure fingerprint identification for connection, authentication and payments in any type of device,” Precise Biometrics says. “The license agreement will generate royalty revenue based on sales of secure elements from OT that includes Precise BioMatch Embedded in the delivery.”

    Motorola’s new Moto G to include NFC?

    May 9th, 2016

    Motorola‘s forthcoming budget phone — the new Moto G — is to come in two variants and will include NFC, a components chart published on Twitter has revealed, making it the first Moto G to feature the technology. “The new phone is also expected to have a fingerprint scanner, since a Lenovo executive said earlier this year that all Motorola-branded phones would have fingerprint scanners in 2016,” The Verge reports. The new Moto G is expected to be unveiled on May 17.

    WeChat integrates with Givex to push in-store presence

    April 14th, 2016

    Chinese ecommerce giant Tencent’s WeChat mobile payments and messaging app has been integrated with Givex’s Vexilor point-of-sale solution to enable users of the service to make in-store purchases by scanning a QR code. More

    Tourists in Japan to get fingerprint payments by 2020

    April 12th, 2016

    The Government of Japan is to pilot a system that would let tourists verify their identity and make in-store payments using their fingerprint. “The experiment will have inbound tourists register their fingerprints and other data, such as credit card information, at airports and elsewhere,” The Japan News reports. “Tourists would then be able to conduct tax exemption procedures and make purchases after verifying their identities by placing two fingers on special devices installed at stores.” The system is expected to roll out across the country by 2020.

    Samsung Pay looks to “next generation” biometric security

    April 5th, 2016

    Samsung is developing new biometric sensors for mobile phones with the aim of adding additional security to Samsung Pay. “Right now, we use fingerprint,” Samsung Pay’s Elle Kim told delegates at Money20/20 Europe. “As we speak, engineers at Samsung are developing the next generation of biometric sensors so that our phones and Samsung Pay can be even more secure.”

    BMO to offer ‘selfie pay’ biometric verification technology to customers

    March 24th, 2016

    Canadian financial services provider BMO Financial Group is to enable its customers to use MasterCard’s Identity Check mobile app to verify their online transactions via face recognition and fingerprint biometrics. In the first phase of the… More

    Apple Pay to expand to mobile websites?

    March 24th, 2016

    Apple Pay will be available as a payment option on mobile websites “before this year’s holiday shopping season”, Re/code reports. “The service will be available to shoppers using the Safari browser on models of iPhones and iPads that possess Apple’s TouchID fingerprint technology,” the publication says. “Apple has also considered making the service available on Apple laptops and desktops too, though it’s not clear if the company will launch that capability.”

    Two billion smartphones to come with fingerprint sensors by 2021

    March 23rd, 2016

    The global biometrics market will reach more than US$30bn by 2021, representing a 118% increase from 2015, according to a new forecast from ABI Research. “Consumer electronics, particularly smartphones, continue to boost the biometrics market, with embedded fingerprint sensors anticipated to reach two billion shipments by 2021, at a 40% compound annual growth rate (CAGR),” the firm says.

    Huawei teams up with China UnionPay to roll out NFC mobile payments

    March 22nd, 2016

    Handset maker Huawei has partnered with bank card association China UnionPay for the roll out of Huawei Pay, an NFC-based mobile payment service that makes use of tokenization technology and is expected to be available on a wide range of Huawei handsets. More

    MasterCard to include Daon technology in selfie pay service

    March 4th, 2016

    MasterCard is to make use of mobile biometric technology provider Daon’s IdentityX Platform as one of the authentication technologies for MasterCard Identity Check, the ‘selfie pay’ service it is rolling out to the US, Canada and parts of Europe this year. “The app-based authentication leverages a mobile device to secure online payments and mobile banking applications using fingerprint and facial recognition,” Daon says.

    Connected car can find parking, reserve it and pay with a fingerprint

    February 24th, 2016

    Car manufacturer Seat, Samsung Electronics and software giant SAP have created a technological alliance to develop connected car projects that could enable drivers to reserve car parking spaces and pay with a fingerprint using Samsung Pay. The companies are showing their ideas at Mobile World Congress this week. More

    Mobile payments face “substantial hurdles” in 2016, says Atlanta Fed

    February 23rd, 2016

    Limited merchant acceptance points, fragmentation and consumer concerns over security and privacy will remain “substantial hurdles” to mobile payments at the physical point of sale in 2016, according to analysts at the Federal Reserve Bank of Atlanta. Fingerprint, facial and iris recognition will dominate as the most-used biometrics, a blog post by the reserve bank’s Retail Payments Risk Forum also predicts, although the technology is expected to “face critical adoption challenges”. EMV will pick up pace in the year ahead, the forum adds, while ACH same-day service will “not be a huge hit”.

    MasterCard to launch ‘selfie pay’ in the US, Canada and Europe this summer

    February 23rd, 2016

    Consumers across the US, Canada and parts of Europe will soon be able to authenticate their online transactions with their fingerprint or face using MasterCard’s ‘selfie pay’ system. The confirmed launch of the service — expected this summer — follows a successful pilot in the Netherlands. More

    ARM includes AMS NFC payments booster in wearables reference design

    February 23rd, 2016

    PARTNER NEWS: A new reference design for wearables from processor designer ARM includes high-performance NFC technology from AMS that enables small-footprint devices with tiny antennas to couple with NFC readers as easily and reliably as… More

    WeChat secures payments with fingerprints

    February 22nd, 2016

    Users of Tencent’s WeChat mobile payment service will soon be able to authenticate transactions with a fingerprint. “This new fingerprint authentication, enabled by the Qualcomm Haven security platform’s authentication framework, means that users will be able to conduct online transactions on mobile devices using their fingerprint,” says technology provider Qualcomm Technologies, a subsidiary of chip maker Qualcomm. The service will be available on Vivo X6 smartphones, before rolling out to other devices in the coming months.

    Samsung Pay hits 5m users and is set for global expansion in 2016

    February 21st, 2016

    Samsung Pay now has approximately five million users in South Korea and the US who have processed more than $500m through the mobile payment service in the first six months since its launch. The service is due to be rolled out in China next month, Samsung has revealed, followed by a global expansion to Australia, Brazil, Singapore, Spain, the UK and Canada later in the year. More

    Kiwis warm to mobile payments and biometrics

    February 10th, 2016

    More than four in ten New Zealanders (41%) would consider using NFC mobile payments today and 44% believe mobile payments will be the next thing to take off, followed by biometrics/facial recognition/fingerprints (21%) and wearable technology (18%), research from MasterCard reveals. 49% expect they will not use cash in ten years’ time, with more than a third believing retailers need to do more to embrace new payment technologies.

    Apple’s Error 53 shuts down handsets with Touch ID repairs

    February 9th, 2016

    iPhone 6 users have been left with broken handsets as a result of Apple’s latest iOS 9 operating system update permanently disabling devices if it detects that Touch ID’s hardware integrity has been compromised —… More

    Global mobile payment market to hit $620bn in 2016

    February 4th, 2016

    Consumers across the globe will use their mobile phones to spend a total of US$620bn on all forms of mobile transaction this year, representing a 37.8% year-on-year growth from $450bn in 2015, research from TrendForce reveals. By 2017, total mobile payment revenue will reach $780bn, climbing to $930bn in 2018 and $1.08tn in 2019. More

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