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    Wearables

    News about Wearables.

    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.

    Samsung looks into vein authentication

    February 5th, 2016

    A patent filed by Samsung describes how a sensor on a smartwatch or other wearable device could authenticate identity by reading the user’s vein structure. “A wearable device may capture an image of a portion or all of the user’s body and may identify the user wearing the wearable device based on the captured image,” the patent says. “For example, a smartwatch may be worn on the user’s wrist to capture an image of the user’s veins in order to identify a user.”

    MobileNow! enables parking payments from Apple Watch

    February 4th, 2016

    Apple Watch users can now pay for parking across the US directly from their wrist with a “few simple taps” using the MobileNow! app. The service can also be used to extend parking sessions. More

    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

    Swatch and Visa to take Bellamy smartwatch to Rio Olympics

    January 25th, 2016

    Visitors to this summer’s Rio 2016 Olympics will be able to use luxury watchmaker Swatch’s Bellamy NFC smartwatch to pay for event passes, according to the Financial Times. “Swatch and Visa are sponsors of this summer’s Rio Olympics and plan to introduce functions for the Bellamy that can be used by wearers during the games,” the newspaper reports.

    Carta and NXP to enable NFC payments and offers on wearables, mobile and connected devices

    January 20th, 2016

    PARTNER NEWS: NXP and transaction technology provider Carta are to integrate Carta’s digital transaction platform with NXP’s NFC capabilities, with the aim of enabling NFC payments, loyalty and offers to be deployed across a wide… More

    CaixaBank launches mobile-only bank

    January 14th, 2016

    Spain’s CaixaBank has launched a mobile-only bank to provide banking services through mobile apps and social networks. “ImaginBank customers manage their products and services via apps,” the bank says. “Everything is run entirely on mobile devices.” An app, initially only available for Android devices, offers ImaginPay NFC payments and the service also supports contactless wristbands and smartwatches.

    Samsung unveils Smart Swing golf wear with NFC

    January 13th, 2016

    Samsung’s fashion division has developed a t-shirt designed for golfers that comes equipped with an NFC chip in its sleeve. When tapped with an NFC device, the chip launches a mobile app that provides the golfer with information about the course they’re playing on. More

    NXP to showcase NFC and IoT technologies in 86 cities around the world

    January 7th, 2016

    PARTNER NEWS: NXP is to showcase NFC and the Internet of Things (IoT) in a world tour that includes stops in 86 cities. The Smarter World Tour “is a highly visible, 36 tons, 2 levels, fully mobile semi-truck trailer designed by Luigi Colani which turns into a large and spacious mobile tradeshow,” NXP says. More

    Maybank offers payment wristband in Malaysia

    January 7th, 2016

    Customers of Malaysia’s Maybank can now make purchases using a Maybank Visa Payband developed by the bank in partnership with Visa. “The wearable leverages on Visa’s payWave contactless technology at more than 1,000 locations across the country,” the payment network says.

    Wi-Fi Alliance polishes HaLow for IoT connectivity

    January 6th, 2016

    The Wi-Fi Alliance is extending its support for the internet of things (IoT) market with a new brand name for products incorporating low power, long range IEEE 802.11ah technology. “Wi-Fi HaLow extends Wi-Fi into the 900 MHz band, enabling the low power connectivity necessary for applications including sensors and wearables,” the organization says. “Wi-Fi HaLow will enable a variety of new power-efficient use cases in the smart home, connected car, and digital healthcare, as well as industrial, retail, agriculture, and smart city environments.”

    Broadcom NFC controller offers faster HCE transactions

    January 6th, 2016

    Broadcom has unveiled an NFC controller with a new capability called Virtual Execution Environment (VEE) that “reduces HCE transactions to half their time, improves security without the need for a secure element and can perform transactions with the host off so users can still make a transaction when their device is powered off.” The new BCM20797 controller also features a smaller footprint, making it suitable for both mobile devices and wearables, Broadcom says.

    MasterCard and Coin take NFC payments to wearable devices

    January 6th, 2016

    Connected device maker Coin has partnered with MasterCard to enable NFC payments on a range of fitness bands, smartwatches and other wearable devices. Fitness wearable designers Atlas Wearables and Moov and smartwatch provider Omate are the first to implement the NFC payments technology into their products.  More

    Samsung Pay heads to Australia, Brazil and Singapore

    January 6th, 2016

    Samsung is to launch its Samsung Pay mobile payment service in Australia, Brazil and Singapore, the company’s Tim Baxter has announced during a keynote at the CES show in Las Vegas. The service will also be available on the Samsung Gear S2 classic smartwatch from early this year, starting in the US. More

    NXP unveils NFC frontend for contactless payment readers

    January 4th, 2016

    PARTNER NEWS: NXP has launched a new NFC frontend for contactless payment readers that simplifies the work needed to gain certification and delivers four times more output power than its previous model. The PN5180 supports… More

    UK contactless spending volumes rise sharply following increase in transaction limit

    January 4th, 2016

    Contactless transaction volumes have risen sharply since the UK transaction limit increased from £20 (US$30) to £30 (US$46) in September 2015, research from Barclaycard reveals. Service stations, pubs and bars, supermarkets and fast food outlets have seen the biggest increases. More

    Apple Pay to go live in China in early 2016

    December 18th, 2015

    Apple Pay will launch in China in early 2016 through a partnership with bank card association China UnionPay and with support from 15 of the country’s banks. “Apple Pay will roll out to China UnionPay cardholders… More

    Santa’s little helpers adopt NFC technology

    December 16th, 2015

    PARTNER NEWS: Children visiting Santa’s Grotto in Blarney Woollen Mills, Ireland, are being given NFC wristbands that are pre-encoded with information provided by their parents. As the child approaches the grotto, the wristband gets scanned by an elf and Santa’s “naughty or nice” book is automatically updated with the information so that he can talk to the children on a personal level. More

    Half of consumers expect to be making mobile and wearable payments by 2018

    December 15th, 2015

    Half of consumers in mature markets including North America, Japan and parts of Western Europe expect to be using smartphones or wearables to make payments by 2018, research from Gartner shows. “Any mobile payment wallets that are tied to the device will have limited adoption,” says the firm’s Annette Jump. “Cloud-based solutions will have a better chance to succeed as they can reach a wider audience and can support many use cases beyond face-to-face or in-store options.”

    US startup raises funds for NFC necklace

    December 8th, 2015

    A US startup is raising funds on Kickstarter for its first production run of Lockett, a customisable necklace that can be tapped with an NFC phone to retrieve personal photos, videos and messages. “The limited early bird rewards begin at US$65 for a single sterling silver NFC necklace and $750 for 10 sterling silver necklaces customised with a logo,” says the company, which hopes to debut the product in Austin, Texas.

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