Commuters on the Mumbai Metro service will soon be able to pay for journeys using mobile payments platform Paytm... More
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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
Mobile payments to become ‘de-facto payment mode’ in India after banknote change
Mobile payment transaction volume in India is expected to grow more than 90% each year over the next five years, with digital payments becoming the “de-facto payment mode” in the country, in the wake of the government’s withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes... More
R3 develops KYC registry using blockchain
Blockchain consortium R3 and 10 of its member banks have developed a proof-of-concept Know Your Customer (KYC) registry using distributed ledger technology to address the “challenges associated with satisfying regulatory requirements” and allowing identities to be managed by their owners... More
Visa and BioConnect work to enable multiple biometrics on mobile apps
Visa is working with biometric identity platform provider BioConnect to enable multiple methods of biometric authentication through a single mobile app... More
Fake glasses fool face recognition
A team of researchers from Carnegie Mellon University has fooled face recognition algorithms using a pair of fake glasses, New Scientist reports... More
French hotel and casino group to test biometric smart cards
French casino and hotel group Groupe Partouche has partnered with MeReal Biometrics to test the use of biometric smart cards by employees to access secure areas... More
Visas, passports and government ID secured using hybrid NFC and hologram tags
Government-issued documents such as visas and passports could be secured using a combination of NFC and hologram technology, following the announcement of a partnership between printed electronics specialist Thinfilm and authentication solutions provider Holoptica... More
Spanish bank offers ‘selfie’ service to open account
BBVA bank is offering new customers in Spain the chance to open an account with them using their mobile phone, with identity verified using face recognition and video calls... More
PKO Bank Polski customers get Trusted Profiles to access government services using banking ID
Some 35,000 customers of Polish bank PKO Bank Polski have created Trusted Profiles which allow them to log in to government services, file an application for an ID card or driving licence, obtain a criminal record certificate and sign documents electronically using only their banking IDs... More
Smartphone users rate security most important app attribute, survey finds
PARTNER NEWS: More than two thirds of smartphone owners use mobile banking apps, while nearly 80% consider security and reliability the most important attributes of a paid app, says a survey by Gemalto which is now available to download from the NFC World Knowledge Centre... More
Bank of Scotland customers get selfie sign-ups
Bank of Scotland customers in the UK can now apply for a current account by taking a picture of their face... More
Japanese bank to roll out palm vein ID
Customers of Japan’s Ogaki Kyoritsu Bank will soon be able to access services by using their palms for authentication... More
Ant Financial acquires EyeVerify
Alipay parent company Ant Financial has acquired biometric provider EyeVerify... More
HSBC offers selfie security checks
Customers of UK bank HSBC can now complete ID security checks by scanning their face using a mobile phone... More
Apple to offer iPhone with FeliCa NFC payments in Japan
Apple is planning to launch an iPhone in Japan equipped with Sony FeliCa NFC technology to allow owners to make payments for travel and other services... More
Qatari bank to launch biometric ATMs
Customers of the Commercial Bank of Qatar will soon have the chance to withdraw cash from ATMs via biometric scanning... More
Alibaba unveils connected car with Alipay mobile payments
Chinese internet giant Alibaba has unveiled a new “internet car” that will let drivers make mobile payments from their seat using affiliate company Ant Financial’s Alipay mobile payment platform. More
Singapore banks to allow transfers with social media IDs
Banks in Singapore are working on a service that would let consumers make payments using their Facebook ID or Twitter username... More
Thai banks to launch P2P payments with PromptPay
Fifteen commercial banks and four specialised financial institutions in Thailand are to begin registration for PromptPay, a mobile P2P service developed by Bank of Thailand (BOT) and the Thai Bankers’ Association... More