Friday 12 February 2016 | RSS

 
    Feedback
     

    NFC

    News about NFC.

    Axis Bank customers to get NFC wearables

    February 11th, 2016

    India’s Axis Bank has partnered with fitness technology provider GOQii to develop a wearable device that will allow its customers to make contactless payments. “The device will allow consumers to make NFC payments and will come loaded with the regular fitness related features like the coach etc that the GOQii bands come with,” the bank’s Rajiv Anand told Economic Times. The two companies expect to roll out the device in the coming months.

    Payleven raises $10m for mPOS growth

    February 11th, 2016

    European mobile point of sale specialist Payleven has closed a US$10m Series D funding round, bringing the total raised to date to $51m. “The newly secured investment provides Payleven with additional growth capital,” the company says. Payleven introduced a chip and PIN reader that supports NFC in 2014.

    Ireland looks to NFC payments for public transport

    February 11th, 2016

    Commuters on Dublin Bus and Iarnród Éireann rail services may soon be able to pay for transport with a tap of an NFC device under plans put forward by public transport operator CIÉ. “Plans published by CIÉ show that it wants to upgrade its IT systems to accommodate new forms of payments, including Apple Pay, Samsung Pay and Stripe,” Independent.ie reports. “The semi-state transport company is also eyeing alternative payment systems such as Android Pay, MasterPass and Visa Checkout.”

    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.

    FitPay launches Kickstarter campaign to bring NFC smartstrap to market

    February 9th, 2016

    Wearable payments company FitPay has launched a campaign on Kickstarter to crowdfund the production of an NFC payment smartstrap for the Pebble Time family of smartwatches.  More

    Cash by Optus adds contactless bands and stickers to reach beyond Android owners

    February 8th, 2016

    Consumers using Cash by Optus — the prepaid NFC SIM-based payments service launched by Australian mobile network operator Optus in November 2014 — can now make payments using a contactless wristband or a sticker attached to their mobile phone. More

    Kazakhstan gets HCE payments

    February 8th, 2016

    Customers of Kazkommertsbank (KKB) in Kazakhstan can now make host card emulation (HCE) based NFC mobile payments using a new service launched in partnership with Visa. “To use the service, you need to download and install… More

    Apple Pay adds 32 banks in the US

    February 8th, 2016

    Apple has added a further 32 banks and credit unions to its list of Apple Pay supporting financial institutions in the US. “Apple Pay now has 1,000 participating issuers nationwide,” MacRumors reports.

    MoboMoney takes sound-based mobile payments to India

    February 8th, 2016

    Indian consumers can now make payments at participating retail locations using their mobile device and sound based technology developed by startup ToneTag. The feature has been integrated into MoboMoney, an NFC payments platform launched by information technology provider Tech Mahindra in December 2015, to extend the service to a greater number of mobile devices and merchants across the country. More

    White paper lays out NFC solutions for in-home healthcare providers

    February 8th, 2016

    A five-page white paper that explains the advantages of NFC for in-home healthcare providers is now available to download from the NFC World+ Knowledge Centre. ‘Deliver secure quality in-home patient care using the simplicity of NFC’ has been produced by security system supplier HID Global and compares different electronic visit verification technologies and explains how they address key areas of healthcare fraud.

    FitPay closes $3.1m round led by G&D

    February 5th, 2016

    Wearable payments provider FitPay has closed a US$3.1m seed funding round led by Giesecke & Devrient (G&D). “FitPay’s payment platform uses NFC technology combined with card network tokenization to interact with POS terminals at retail locations,” the company says. “FitPay’s Trusted Payment Manager platform allows contactless payment capabilities on a wide range of wearable devices.” FitPay developed a smartstrap to enable NFC payments on Pebble Time smartwatches in November 2015.

    Apple begins selling Square contactless reader

    February 4th, 2016

    Apple has begun selling mobile POS provider Square’s US$49 contactless readers in its US stores as well as online. Square unveiled the NFC mPOS terminals during Apple’s WWDC in June 2015 and offered the first 250,000 free of charge. It began shipping devices in December.

    GlobalPlatform updates NFC SIM spec

    February 3rd, 2016

    Standards body GlobalPlatform has extended the scope of UICC Configuration, its implementation guide for deploying GlobalPlatform Card Specification v2.3 within the mobile services sector and managing the secure, over-the-air delivery of new services. “The requirements are in support of the 4G network and enhanced security (Advanced Encryption Standard (AES)-based secure channels),” GlobalPlatform told NFC World. “These cover a new scenario for the confidential loading of service providers’ keys.”

    Musician Beatie Wolfe promotes new single with NFC jacket

    February 3rd, 2016

    British singer songwriter Beatie Wolfe is promoting the release of her new single with an NFC jacket that lets fans listen to the song by tapping their NFC phone onto the fabric. It has been designed in… More

    MyWallet NFC payments service put on hold in Slovakia

    February 3rd, 2016

    Mobile network operator Slovak Telekom, majority owned by Germany’s Deutsche Telekom, is shutting down its MyWallet NFC service on a temporary basis. The move is due to the closure of ClickandBuy, also a Deutsche Telekom… More

    Russian mobile payments startup raises US$3.8m

    February 3rd, 2016

    Russian mobile payments startup PayQR has received an investment of 300m rubles (US$3.8m) from businessman Sergey Kozlovsky. “PayQR allows you to pay without a credit card and cash with the help of the so-called QR code,” Vedomosti reports. “In 2016, PayQR will also work via NFC.” The company raised US$1.5m from an unknown investor in 2014.

    NXP updates NFC Taginfo app

    February 2nd, 2016

    PARTNER NEWS: An Android app described as a “Swiss Army knife for NFC” has been updated and can now also interrogate Mifare Plus SL3 cards. NXP’s NFC Taginfo, now at version 4.15.100, can identify and read contents from all types of NFC tags as well as Mifare and iCode-based systems. It can also display the value remaining on travel cards issued by a range of international public transport systems.

    Guide offers advice for card issuers on implementing EMV

    February 2nd, 2016

    A 12-page guide to EMV and the business case for implementing an advanced EMV solution is now available to download from the NFC World+ Knowledge Centre. ‘EMV: The stepping stone to mobile’ has been produced by mobile payments specialist Proxama and examines the opportunities and benefits for card issuers who look past minimum compliance to a fully featured EMV solution.

    Ugo Wallet adds P2P transfers

    February 1st, 2016

    Canadian open NFC mobile wallet provider Ugo has launched a beta version of Ugo Pay, a P2P money transfer feature that has been added to its Ugo Wallet. “Transfers are free and made securely and easily via text message using either a sender’s existing address book or by inputting any Canadian mobile phone number,” Ugo says. The company is also in the process of incorporating host card emulation (HCE) into its service.

    Bank of America and Wells Fargo to add NFC to ATMs

    February 1st, 2016

    Bank of America and Wells Fargo are working on integrating NFC into their ATMs to let customers complete transactions using their smartphones and services such as Apple Pay, according to TechCrunch. “Engineers at both companies have been placed on multi-month assignments to build the Apple Pay options,” the publication says. Reports that the banks were working on mobile at the ATM first surfaced in December 2015. JPMorgan Chase is also working on adding NFC to its ATMs.

    Page 1 of 4312345...102030...Last »