News about PIN and NFC.
September 2nd, 2013
Mobile network operator Telefonica is to test a mobile point-of-sale device in the Czech Republic that enables payments to be made by NFC phones and contactless cards as well as standard ‘chip and pin’ cards; a “world first” says the carrier.
August 19th, 2013
Motorola has announced Motorola Skip, an NFC tag-based clip accessory for its Moto X flagship handset that enables the user to unlock the phone without entering a PIN.
August 7th, 2013
NXP Semiconductors has reported a decline in sales for its ID business in Q2 2013, citing a fall in mobile transaction revenue following the loss of a key customer. Overall, sales for the chip maker’s mobile transaction business “will be roughly flat year-on-year”, said CEO Rick Clemmer in an earnings call.
July 16th, 2013
French bank Banque Postale is testing a microSD-based NFC payment system with 500 participants in the towns of Caen and Bordeaux. The experiment, which began earlier this month and will run until May 2014, allows…
July 4th, 2013
Hong Kong’s Hang Seng Bank has launched an NFC mobile payment service in partnership with mobile network operator PCCW Mobile, MasterCard, Gemalto and Samsung Electronics. The service was first announced late last year and its…
July 3rd, 2013
UK 4G mobile network operator EE has announced it will be launching a new NFC mobile payments service later this month, in partnership with MasterCard. The Cash on Tap service will offer customers the ability…
June 24th, 2013
Poste Italiane’s NFC payments service has been rolled out to the cities of Rome and Turin, following its launch in Milan last December. The service is now set to expand across the rest of Italy…
June 19th, 2013
Russia’s largest private bank, Alfa-Bank, is launching NFC mobile payment pilots in Russia and the Ukraine, in partnership with mobile network operator Vimpelcom and Mastercard. Vimpelcom’s Beeline brand is partnering with the bank for the…
June 6th, 2013
Swedish mobile payment specialist Seamless has partnered with Turkey’s Garanti Bank to launch its Seqr NFC and QR payments platform in Romania — and plans to launch the service in the UK later this year. Starting…
May 16th, 2013
RFID solutions provider Neology has added NFC to its UHF transponders, used in road toll payment applications, enabling consumers to use a phone-based mobile wallet to pay a toll or top up their account balance…
April 24th, 2013
Point-of-sale terminal maker Ingenico has introduced a range of mobile payments terminals that include NFC and biometric verification. The iWB Bio Series devices are aimed at governments and financial institutions distributing payments services in emerging…
April 18th, 2013
A Brazilian startup has developed an authentication process that uses government-issued electronic ID documents and NFC phones to provide users with an additional level of security when logging in to online services. The aim is…
April 11th, 2013
Seqr does not require merchants to install new hardware and promises to cut transaction fees in half by bypassing the traditional payments networks. McDonald’s, Axfood and Kjell & Company have already adopted the system in Sweden.
April 10th, 2013
Testing specialist Fime has integrated the MasterCard Terminal Integration Process (M-TIP) questionnaire into its Savvi test tool, enabling it to validate that NFC payment terminals are compliant with MasterCard’s latest PayPass terminal specification. “The latest requirements from MasterCard support advancements in mobile payments, including features such as PIN entry via a mobile device to authorise a transaction,” says Fime.
February 20th, 2013
ABN Amro, ING and Rabobank have teamed up with mobile network operator KPN to run an NFC pilot in the city of Leiden this summer “with a large group of consumers.”
February 13th, 2013
Active users are now paying with Isis five or more times a week, says Jim Stapleton, the NFC payments platform’s chief sales officer. “Consumers actually only need to know about the passcode, and you kind of have a mental ‘Oh!’ right there as they realize their leather wallet does not have a passcode,” he explained.
January 30th, 2013
Customers with an NFC phone can now sign up at any GE Money Bank branch to begin making mobile payments.
December 18th, 2012
Trustonic, a joint venture set up by the three companies, will provide TSMs and service providers with the key to their own secure area within a trusted execution environment on an ARM processor, in exchange for a one-off fee, providing an alternative to secure element chips for applications requiring low- to mid-range security.
December 12th, 2012
KT’s MoCa combines payment cards, coupons and offers stored in the cloud with a mobile wallet app that allows consumers to make payments at merchants via traditional barcodes, QR codes or NFC — providing retailers with the flexibility to use their prefered choice of POS hardware to close the “last inch” at the point-of-sale.
December 12th, 2012
“Our goal is to create the m-payment standard within the retail sector, independent of any telephone operators and banks,” says the head of Flash’n Pay, a new mobile wallet brand that has been created by one of the country’s largest grocery retailers and is set to go head to head with the French carriers’ NFC-based Cityzi service.