News about Privacy.
June 16th, 2014
Groupement des Cartes Bancaires CB, the French bank card association which pioneered the use of chip cards for payments in the 1980s, expects to enable member banks to issue customers with keyfobs supporting fingerprint payments…
June 12th, 2014
Insurance technology startup True Mileage is to begin pilot testing an NFC-enabled vehicle tracking device that “can save providers up to 50% over the cost of other usage-based devices in the industry”. Drivers install the…
May 7th, 2014
Spain’s CaixaBank has become the first bank in Europe to launch a Facebook application that allows users to view their bank accounts and perform transactions via the social network. The bank will start by supporting…
November 15th, 2013
Inside Secure has redesigned its dual-interface VaultIC 150/150D security module to include a new privacy mode which requires strong authentication to access its contents, complying with the ‘silent by design’ philosophy of the Internet of Things community. The chip, which comes in formats that include NFC tags, can be used to guard against counterfeiting and cloning and, with its field-detect capability and the 150D’s dual interfaces, can act as “a low-cost secure bridge for medical and communications equipment.”
March 12th, 2013
A new report from the NFC World team has found that Disney’s new MagicBand bracelet system provides unmissable lessons for anyone planning, implementing or supplying mobile wallet solutions.
February 5th, 2013
NFC is one of three emerging technologies that most excite Britain’s media agencies, along with augmented reality and 4G, a new IAB UK Agency Snap Shot study has found. The study also found, however, that NFC…
November 12th, 2012
Atos Worldline has launched Yoximo, a portable POS terminal with a contactless reader integrated into its colour screen. The terminal complies with the PCI 3 and SRED standards, and features a revolving PIN privacy shield.
May 16th, 2012
The bank and telecoms operator are to introduce a joint NFC service that will let CIBC credit cardholders make mobile payments with a Rogers NFC phone from “later this year”.
Canadian banks issue landmark NFC payments guidelines that focus on open mobile wallets and consumer data protection
May 14th, 2012
The Canadian banking and credit union industry’s Mobile Payments Reference Model provides a detailed blueprint for how NFC mobile payments can be offered in Canada, how open mobile wallets will be and how consumer privacy will be assured.
April 20th, 2012
The European Commission (EC) has started a public consultation to find out what framework is needed to unleash the potential benefits of the coming ‘internet of things’. “An internet of things with intelligence embedded into everyday objects is the next big thing,” says Neelie Kroes, the EC’s vice president for the digital agenda. “I want to promote an internet of things that serves our economic and societal goals, whilst preserving security, privacy and the respect of ethical values.”
February 7th, 2012
Twelve merchants in the Bay Area are taking part in a pilot trial of an NFC digital receipt system that works with a US$50 device and has no transaction charges.
January 3rd, 2012
23% of US consumers are now “very willing” to use their mobile phone as a wallet, a KPMG survey has found, but many consumers are still expressing privacy and security concerns.
December 6th, 2011
A new survey from KPMG has found that 41% of shoppers now use their phone to research products and services in-store and consumers are increasingly willing to share data with advertisers if it saves them money — but concerns over mobile payments security and privacy issues remain.
October 18th, 2011
“The risks to personal privacy must be addressed,” say the authors of a new London School of Economics report examining NFC privacy and regulation issues. “This is not only to protect against surveillance, but it is essential to ensure that there is confidence in the marketplaces that may yet emerge with widespread use of NFC.”
July 18th, 2011
A global survey of executives conducted by KPMG has found that the vast majority believe mobile payments will hit the mainstream within four years and nearly half say they think mass-market acceptance is only two years away.