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Infrastructure

News about Infrastructure.

TCH plans real time payments

October 27th, 2014

The Clearing House (TCH) and its member banks are planning to build a real-time payment system in the US that will enable consumers and businesses to send and receive immediate payments directly from their accounts. “The digital economy moves in real time and our customers expect us to keep pace,” says chairman Richard Davis. “We will work with the industry to build a real-time payment infrastructure, which will enable consumers to pay and get paid securely and conveniently.”

SimplyTapp launches open source tokenization project

October 24th, 2014

A new open source software project designed to help banks offer tokenized card payments has been launched by HCE specialist SimplyTapp. “We feel the accessibility and control of current offerings are pretty restrictive and there… More

Federal Reserve gives cautious backing to tokenization

September 24th, 2014

The US Federal Reserve’s Mobile Payments Industry Workgroup (MPIW) has given cautious backing to the potential of tokenization in mobile payments and formed a subgroup dedicated to exploring the impact of the technology in more… More

Apple cuts deals with card issuers?

September 5th, 2014

Apple will be getting special rates from five US card issuers on mobile payments made by its device users, according to well-connected payments advisor Tom Noyes, and customers will use a combination of Bluetooth Low Energy (BLE), NFC and Touch ID to make payments in stores. “Apple wanted to launch the payment product with BLE (not NFC) but existing payment networks didn’t want to cause merchant chaos in fragmentation of acceptance infrastructure,” he says.

Consult Hyperion demos EMV mobile payments over BLE on an iPhone

July 22nd, 2014

UK payments technology specialist Consult Hyperion has unveiled a proof-of-concept solution that uses Bluetooth Low Energy (BLE) and host card emulation (HCE) to enable both iPhone and Android NFC phone owners to make MasterCard, Visa… More

BlackBerry wins NFC provisioning deal in Canada

June 12th, 2014

Enstream, the NFC platform provider set up by Canadian carriers Bell, Rogers and Telus, has selected BlackBerry to provide it with a secure platform that financial institutions will be able to use to provision payment… More

Aite reports on US migration to EMV

June 10th, 2014

Some 70% of US credit cards and 41% of debit cards will be EMV enabled by the end of 2015, according to a new Aite Group report, but the majority will be contact cards rather… More

GE lets retailers send offers to shoppers via LED lighting

May 30th, 2014

GE Lighting and US startup Bytelight have unveiled a marketing platform that lets merchants use LED lighting installed in and around their stores to send offers, directions to particular products and information services to shoppers,… More

nTrust pilots Bluetooth payments in Canada

May 12th, 2014

Canadian payments and money transfer provider nTrust has begun piloting a new mobile payments service that uses Bluetooth Low Energy (BLE) beacons placed in stores to make wireless purchases. nTrust is using hardware from Estimote… More

SIMalliance reports 159% growth in NFC SIM shipments

April 24th, 2014

A total of 4.2bn SIMs were shipped in 2013 by members of the SIMalliance, an organisation that represents suppliers responsible for 86% of the global SIM market, 5% down on 2012. The drop was due… More

Payments NZ issues NFC standards

March 25th, 2014

Payments NZ, the organization responsible for overseeing New Zealand’s payments infrastructure, has published a set of rules and standards for mobile devices ahead of the planned rollout of NFC payments in the country later this year. More

EMVCo publishes tokenization framework specification

March 11th, 2014

The first version of the EMV Payment Tokenization Specification has now been published and is available to download. The document sets the scene for the arrival of MasterCard, Visa, American Express, Discover, JCB and UnionPay… More

MTS picks Novacard for NFC in Russia

March 5th, 2014

Russian carrier MTS has selected Novacard, a Russia-based SIM and smart card supplier, as its TSM provider and will launch the new platform at the end of 2014. The Novacard platform to be introduced by… More

Garanti to issue Gemalto NFC microSDs

February 25th, 2014

Turkey’s Garanti bank is to begin issuing NFC microSDs to its customers during the second half of 2014, using hardware and back office technology provided by Gemalto and a microSD payment infrastructure supplied by MasterCard…. More

MasterCard buys C-Sam

February 24th, 2014

MasterCard has agreed to acquire NFC technology provider C-Sam. “C-Sam’s on-device application and back-end infrastructure will aid development efforts to enable consumers to use MasterPass both in-store and online across multiple communications technologies, including NFC, QR, barcodes and remote checkout,” says MasterCard. C-Sam’s NFC customers include DNP, Eftpos Australia, Isis, Starhub and TrustNordics.

Two in three phones to come with NFC in 2018

February 12th, 2014

NFC will be included in 64% of the mobile phones shipped in 2018, up from 18.2% in 2013, according to a new forecast from IHS Technology. Global shipments of NFC-enabled mobile phones will be more… More

Five UK banks to launch Zapp NFC and QR payments

January 15th, 2014

The UK’s HSBC, First Direct, Nationwide, Santander and Metro Bank are to provide their 18 million UK customers with the ability to make NFC and QR code payments from next year, using an online and in-store mobile payments service that integrates with the banks’ existing mobile apps. More

Tim Hortons launches NFC payments service using Host Card Emulation

December 13th, 2013

North American coffee chain Tim Hortons has launched an NFC mobile payments service using Host Card Emulation (HCE) at 3,500 locations in Canada and 800 in the United States. It is currently available to customers… More

SimplyTapp gets funding for HCE

November 27th, 2013

SimplyTapp, the US startup which created Host Card Emulation, bypassing the need to use a carrier controlled SIM-based secure element in NFC transactions, has raised a Series A funding round led by Lightspeed Venture Partners…. More

Federal Reserve reports on barriers to NFC adoption in the US

November 27th, 2013

The Federal Reserve Bank of Boston has published a summary of a June meeting of its Mobile Payments Industry Workgroup (MPIW) that sets out a number of reasons why NFC has not yet taken off in… More

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