The Centre for Process Innovation (CPI) has formed a specialist consortium to create a UK manufacturing supply chain that will support the widespread adoption of NFC packaging. More
Consortium to develop NFC packaging across UK supply chain
Security
EMVCo updates tokenization specification with new payment account reference data element
EMVCo has updated its tokenization specification to include a new payment account reference (PAR) that can be used to link a cardholder’s payment token with their primary account number (PAN) without needing to use their underlying account number... More
SK Telecom launches hands free mobile payments and rewards
More than 100,000 customers of SK Telecom in Korea have subscribed to T Pay, a hands free mobile payment and rewards service based on Bluetooth Low Energy (BLE) technology that launched earlier this month. More
Proxama makes the case for digital PIN delivery
A white paper that examines the advantages of using new, digital PIN delivery mechanisms to replace traditional PIN mailers is now available to download from the NFC World+ Knowledge Centre. More
BMO to offer ‘selfie pay’ biometric verification technology to customers
Canadian financial services provider BMO Financial Group is to enable its customers to use MasterCard’s Identity Check mobile app to verify their online transactions via face recognition and fingerprint biometrics... More
Huawei teams up with China UnionPay to roll out NFC mobile payments
Handset maker Huawei has partnered with bank card association China UnionPay for the roll out of Huawei Pay, an NFC-based mobile payment service that makes use of tokenization technology and is expected to be available on a wide range of Huawei handsets. More
Mobile payments to replace cash and cards by 2030?
Seven in ten consumers (70%) believe that 2030 will be the year that mobile payments become secure enough for traditional payment methods such as cash and cards to no longer be required, the IEEE’s Global Cyber-security Survey has found... More
Austria gets nationwide SIM-based NFC mobile payment service
Austrians can now make SIM-based NFC mobile payments using a new nationwide mobile payment service launched by Payment Services Austria (PSA) and supported by Austria Card... More
American Bankers Association calls for tokenization and biometrics
The American Bankers Association’s Card Policy Council is calling for all consumer-facing industries to implement the latest payment protection technologies, including EMV chip cards, tokenization and biometrics... More
ICICI Bank launches HCE mobile payments in India
Customers of India’s ICICI Bank will soon be able to make host card emulation (HCE) based mobile payments at any contactless-enabled terminal using the bank’s Pockets app. The service, which makes use of tokenization, is currently available to the bank’s employees and is expected to go live for customers at the end of March 2016. More
iLoq unveils energy harvesting door lock powered by NFC phones
Finnish digital lock mechanism specialist iLoq has unveiled the world’s first electronic door lock powered by a user’s NFC mobile phone, removing the need for the lock to be equipped with a battery or external power source. More
Carta Worldwide renews partnership with NFC World
NFC World is pleased to welcome transaction technology provider Carta Worldwide as a partner for a second year. Carta is an award-winning leader in next-generation transaction processing and mobile payment technologies including host card emulation (HCE), cloud-based secure elements and tokenization. More
Fido Bank launches HCE mobile payments in Ukraine
Consumers across Ukraine can now make host card emulation (HCE) based mobile payments using The Pay, a new service launched by Fido Bank in partnership with mobile wallet platform provider PriNum... More
More than 100m people will make an NFC mobile payment in 2016
More than 100m people around the world will use an NFC handset to make a purchase this year, according to a new report from Strategy Analytics, and the value of transactions conducted via NFC handsets will grow from US$30bn in 2016 to US$240bn in 2021. More
People’s United Bank adds Samsung Pay
Customers of People’s United Bank in the US can now add their debit cards to Samsung Pay... More
Proxama discusses Visa’s new cloud-based payment specs
PARTNER NEWS: A blog post by mobile commerce provider Proxama discusses the implications of Visa’s updated cloud-based payments specifications which include a requirement for issuers to migrate from alternate PANs to tokenization... More
ExxonMobil rolls out Apple Pay at the pump
Motorists across the US can now pay for their fuel at the pump at more than 6,000 ExxonMobil gas stations using Apple Pay and the fuel retailer’s Speedpass+ mobile payment app. The oil and gas company plans to expand the app’s availability to more than 8,000 locations by mid-year. More
mBank cancels NFC SIM deals in favour of HCE and bank-backed Blik mobile payments
Poland’s mBank has withdrawn the facility for customers to add mobile versions of their debit cards to the NFC payments services offered by mobile network operators T-Mobile and Orange... More
Visa to end support for alternate PANs in cloud-based payments
Visa has updated its cloud-based payments specifications to include a requirement for issuers to migrate from alternate PANs to tokenization, NFC World has learned... More
MasterCard to include Daon technology in selfie pay service
MasterCard is to make use of mobile biometric technology provider Daon’s IdentityX Platform as one of the authentication technologies for MasterCard Identity Check, the ‘selfie pay’ service it is rolling out to the US, Canada and parts of Europe this year... More