NFC World

NXP explains how NFC healthcare labels and packaging can be used to combat the spread of Covid-19

An NFC smart label on a Covid-19 test

PARTNER NEWS: NFC-based intelligent labels and packages offer “the safety and security necessary to help tackle the spread of Covid-19 while giving scientists, medical staff and patients the ability to interact with products so they can verify authenticity, check expiration dates and even gain useful insights into the nature of the virus,” NXP has explained... More


What's New in Payments

UK extends strong customer authentication deadline

Strong customer authentication and coronavirus — Financial Conduct Authority — “In the exceptional circumstances of the Covid crisis, we are giving the industry an additional six months to implement strong customer authentication (SCA) for e-commerce. This will minimise potential disruption to consumers and merchants. The new timeline of 14 September 2021 replaces the 14 March 2021 date.”



What's New in Payments

India to relax mobile wallet KYC rules

‘Low KYC’ norm to help mobile wallets retain their customers — Economic Times — “In a move set to bring relief to scores of mobile wallet firms such as Paytm, PhonePe, Amazon Pay and their several million users, the Reserve Bank of India (RBI) will allow wallet service providers to continue operating their millions of non-compliant know-your-customer (KYC) accounts which earlier faced cancellation… An estimated over 200m mobile wallets ran the risk of being cancelled by the regulators, once the deadline to upgrade their non-compliant accounts to ‘full KYC’ accounts expires on February 29.”






What's New in Payments

Germany passes law forcing Apple to open up Apple Pay

Apple warns of risks from German law to open up mobile payments — Reuters — “A German parliamentary committee unexpectedly voted in a late-night session on Wednesday to force the tech giant to open up Apple Pay to rival providers in Germany… The legislation, which did not name Apple specifically, will force operators of electronic money infrastructure to offer access to rivals for a reasonable fee.”