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Alipay demos biometrics for in-store payments

October 27th, 2014

Chinese online payments giant Alipay demonstrated Alipay Touch, a fingerprint biometric system for its mobile wallet app, at a conference in Beijing earlier this month. AliPay Touch allows users to make mobile payments through Alipay Wallet by swiping their finger, WSJ reports. The company is also working with startup Megvii to add facial recognition technology to the wallet for account creation and verification.

Acer Pay is on the way

October 21st, 2014

Taiwanese computer maker Acer is to join Apple and Samsung in introducing a payment service for users of its mobile phones and wearable devices, Want China Times reports. The company has partnered with fingerprint sensor provider Egis Technology to develop the cloud-based solution, stating that fingerprint recognition technology is expected to play a “critical part of authentication and making payments” with the service.

MasterCard backs Zwipe fingerprint payment card

October 20th, 2014

MasterCard has partnered with Zwipe, maker of a contactless payment card that includes an integrated fingerprint biometric sensor, for the commercial launch of the technology following a pilot with Norway’s Sparebanken DIN. More

Five hundred banks sign up for Apple Pay

October 17th, 2014

Apple customers in the US will be able to use their iPhone 6 or iPhone 6 Plus to make Apple Pay mobile payments from Monday 20 October, CEO Tim Cook has announced, and 500 banks… More

Apple falls out with PayPal over Samsung deal

October 1st, 2014

PayPal was excluded from the list of Apple Pay preferred partners due to a falling out between the two companies, Bank Innovation reports. The reason? PayPal’s decision to work with Samsung, which has its own mobile wallet ambitions, to deliver fingerprint-secured mobile payments on the Galaxy S5.

iPad to get Apple Pay support?

September 30th, 2014

A text string in the beta release of iOS 8.1 spotted by a MacRumours reader appears to confirm reports that Apple will add a Touch ID fingerprint sensor to its next iPad, which may ship as soon as next month, and make it possible for owners to use Apple Pay to make online purchases. “Pay with iPad using Touch ID,” the hidden text says. “With Apple Pay, you no longer need to type card numbers and shipping information.”

Alipay adds fingerprint security

September 23rd, 2014

Chinese online payments giant Alipay has adopted Nok Nok Labs’ S3 Authentication Suite, enabling customers with a Samsung Galaxy S5 to use the fingerprint sensor (FPS) on their device to authenticate payments. The move means that “Alipay customers who make purchases and transfers in Alipay’s mobile application, Alipay Wallet, no longer need to enter a password — just apply their fingerprint to the FPS for a simple, secure mobile shopping experience leveraging emerging FIDO standards,” says Nok Nok.

Samsung and PayPal to offer smartwatch payments

September 23rd, 2014

Samsung is working on a smartwatch that will include biometric verification and support for PayPal payments and location-based offers, reports Business Korea. The device is set to include a fingerprint sensor and could launch at Mobile World Congress 2015.

Apple joins NFC secure element standards body

September 18th, 2014

Apple has joined GlobalPlatform, the organisation responsible for defining standards for the secure elements used to store sensitive data in NFC phones. The move means that, when and if Apple provides developers with access to… More

Video demos show how Apple Pay users will make a payment with the iPhone 6

September 11th, 2014

Videos of Apple staff demonstrating how Apple Pay will be used to make payments in stores and for in-app purchases have now been made available, providing further details of how the new mobile payments service… More

How Apple will generate revenues from mobile payments begins to become clear

September 11th, 2014

An innovative biosensor security function built into the Apple Watch and the Touch ID fingerprint sensor in the iPhone 6 and iPhone 6 Plus will work in combination with NFC and tokenization to provide additional… More

iPhone 6 to ship with NFC and support for Apple Pay mobile payments

September 9th, 2014

UPDATED The new iPhone 6 and iPhone 6 Plus will include support for NFC, Apple has announced. The NFC functionality will let users make Apple Pay mobile payments in stores. More

23 Apple patents related to NFC and mobile payments

September 8th, 2014

Apple has been steadily building a portfolio of patents related to NFC and mobile payments over recent years, from as far back as 2009. NFC World+ has reported on these as they have been published and links are provided here to details of 23 patents covering technical innovations and use cases in payments, mobile marketing, coupon delivery, gifting, event ticketing, content sharing, travel and beyond.  More

Barclays to provide corporate customers with finger vein biometric devices

September 5th, 2014

Barclays is to provide its UK corporate banking customers with finger vein biometric authentication devices that will let them “easily access their online bank accounts and authorise payments within seconds, without the need for PIN,… More

Alipay partners with Huawei to add biometric security to mobile payments

September 1st, 2014

Chinese online payments giant Alipay is working with Huawei to enable users of the phone maker’s new Ascend Mate 7 handset to secure their mobile payments using a fingerprint sensor built into the phone. The… More

Apple iPhone NFC payments rumours reach fever pitch

September 1st, 2014

MasterCard, American Express and Visa have all signed deals with Apple for the launch of a mobile payments service that will make use of an NFC chip built into the next iPhone, due to launch on 9 September, according to reports in a number of publications including the Financial Times, Bloomberg and Re/Code. More

St George adds fingerprint security to mobile banking app

August 27th, 2014

Customers of Australia’s St George Bank will be able to use the Touch ID fingerprint verification technology built into the iPhone 5S to log into mobile banking when iOS8 launches in September. The launch will be… More

Visa to launch new payments service in September, Apple could be the first customer

July 24th, 2014

Visa has unveiled a suite of services designed to “facilitate secure payments across a broad range of internet-connected devices and wearables”. The announcement of the new Visa Digital Solutions service comes amid reports that Apple… More

CrucialTec to secure mobile banking with fingerprints

July 18th, 2014

Korean mobile input technology specialist CrucialTec is developing a fingerprint authentication solution that will replace passwords when consumers access mobile banking services on their smartphones, Korea Herald reports. The solution, which is designed to achieve the necessary security certification for use in online banking in Korea, is set to be introduced later this year.

Yapital tests fingerprint payments

July 3rd, 2014

Retailer-owned mobile payments provider Yapital is testing the use of fingerprint biometrics to replace PIN entry when paying by smartphone. “As the major smartphone manufacturers are now integrating fingerprint scanning into their products, we have immediately launched appropriate tests,” says Yapital’s Oliver Kress. The company already supports payments via NFC, QR and Bluetooth Low Energy (BLE).

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