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    Wearables

    News about Wearables.

    A third of Europeans have made a mobile payment

    May 4th, 2016

    Nearly a third of European consumers (32%) have now made an in-store mobile payment, research by Fujitsu shows, while 22% have adopted wearable technologies. 44% still use cash every day, 37% would consider leaving their current bank or insurer if they don’t offer up-to-date technology, 47% would let banks or insurers use their data to recommend relevant products and services and 44% want their data used to keep them informed of their spending habits.

    Three quarters of Brits expect to be cash-free by 2021

    April 26th, 2016

    Almost three quarters of UK consumers (73%) do not expect to be using cash in five years’ time in light of the rise of contactless payments and mobile wallets, research released by digital media agency Starcom reveals, and a third believe cash will be extinct within the next 15 years. More

    NXP and HID Global to enable wearable devices to unlock doors

    April 20th, 2016

    PARTNER NEWS: NXP has teamed up with HID Global to work on enabling consumers to open electronic locks at commercial buildings, hotels and workplaces with a tap of an NFC wearable device.  More

    Wearable smart stamp to support NFC payments

    April 18th, 2016

    Healthcare technology provider MC10 and product solutions provider PCH are to commercialise MC10’s Wearable Interactive Stamp Platform (WiSP), an ultrathin, stretchable and disposable stamp worn on the skin that will enable brands to develop a “variety of consumer applications” including NFC payments. More

    61% of US Apple Watch owners use Apple Pay

    April 12th, 2016

    Nearly two thirds of Americans with an Apple Watch (61%) use the device to make payments with Apple Pay, research from Fluent reveals. “With 61% saying they have made a purchase using their watches, there is room for improvement but that’s a healthy number of users right out of the gate and should only grow with future releases,” the firm’s Jordan Cohen writes in a blog post.

    NFC payments to reach $95bn by 2018

    April 11th, 2016

    The global value of NFC mobile and wearable payments is expected to reach US$95bn annually by 2018, up from less than $35bn last year, according to Juniper Research. “Apple’s entry into NFC gave the industry a much needed boost and could well be seen as the tipping point for the technology,” says the firm’s Nitin Bhas.

    Barclays goes live with Apple Pay in the UK

    April 5th, 2016

    Barclays bank debit cardholders and Barclaycard credit cardholders can now use Apple Pay to make mobile payments, nine months after the service launched in the UK without the participation of the ‘big four’ bank. “The… More

    Visa Europe reports “significant growth” in higher value contactless transactions

    April 4th, 2016

    The increase in the UK contactless card payment limit from £20 to £30 has had “a transformative effect” on consumer spending habits, according to Visa Europe, with contactless transactions over £20 seeing an average monthly… More

    Meet NFC World’s partners at Money20/20 Europe

    March 31st, 2016

    NFC World partners Proxama, Giesecke & Devrient, Gemalto, Carta Worldwide and Bell ID will be exhibiting at the Money20/20 Europe expo in Copenhagen from April 4-7.  More

    Singapore commuters get NFC payments

    March 30th, 2016

    Customers of mobile network operators M1, Singtel and StarHub can now pay for journeys on public transport services in Singapore with a tap of their NFC device as a result of a partnership between the Land Transport Authority (LTA), Infocomm Development Authority of Singapore (IDA) and transport card issuer EZ-Link. More

    Proxama makes the case for digital PIN delivery

    March 24th, 2016

    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

    Swatch to focus on mass market smartwatches

    March 18th, 2016

    Luxury watchmaker Swatch will focus its smartwatch activities on its plastic Swatch brand before considering the technology for its pricier models. “Making progress in the smartwatch market is crucial for Swatch, which is seen as the most vulnerable of the Swiss watchmakers to inroads by the Apple Watch and similar watches produced by Samsung Electronics and others,” The Wall Street Journal reports. The company launched its first NFC payments watch, the Swatch Bellamy, in China in October 2015.

    Study examines attitudes to contactless payments in the UK, Germany and Spain

    March 11th, 2016

    More than 90% of British, German and Spanish business leaders interviewed for a survey of attitudes to contactless technology have already invested in contactless projects and expect that 10% of all transactions will be contactless within the next three years, a white paper now available to download from the NFC World+ Knowledge Centre reveals. More

    Frost & Sullivan predicts surge in mobile wallet adoption

    March 4th, 2016

    The number of active mobile wallet users will rise from 409m in 2015 to 1,722m in 2023, research from Frost & Sullivan predicts, while mobile payment transaction values will increase from €289.02bn (US$315.39bn) in 2014… More

    LTA to test account-based contactless ticketing in Singapore

    March 2nd, 2016

    Commuters in Singapore will be piloting a new ticketing system in the fourth quarter of this year that will let them use their contactless debit or credit cards for fare payments across Land Transport Authority (LTA)… More

    White paper explores future of connected living

    February 29th, 2016

    A 25-page white paper that explores how young adults expect mobile technology and connectivity to develop over the next ten years is now available to download from the NFC World Knowledge Centre. ‘Connected Living: How technology could impact daily lives by 2025’ is based on a survey of 1,200 young adults in six countries and has been produced by digital security giant Gemalto. “The results paint a picture of a world populated by smart cities, where people live in a hyper-connected society, using their mobile for more than many thought possible only a few years ago,” the company says.

    NXP backs two new IoT development platforms

    February 24th, 2016

    PARTNER NEWS: NXP has put its support behind two new reference platforms that will enable “innovation and rapid development” for smart wearables. The platforms target a range of internet of things (IoT) applications with open-source hardware and software, form-factor flexibility and expandable solutions for designers to adapt to changing market needs. More

    Connected car can find parking, reserve it and pay with a fingerprint

    February 24th, 2016

    Car manufacturer Seat, Samsung Electronics and software giant SAP have created a technological alliance to develop connected car projects that could enable drivers to reserve car parking spaces and pay with a fingerprint using Samsung Pay. The companies are showing their ideas at Mobile World Congress this week. More

    ARM includes AMS NFC payments booster in wearables reference design

    February 23rd, 2016

    PARTNER NEWS: A new reference design for wearables from processor designer ARM includes high-performance NFC technology from AMS that enables small-footprint devices with tiny antennas to couple with NFC readers as easily and reliably as… More

    WiseKey and MasterCard to add NFC payments to watches and wearables

    February 22nd, 2016

    Security specialist WiseKey and MasterCard are working together to enable NFC payments on luxury watches and wearables. “The partnership adds new devices and brands to ongoing MasterCard programs that bring payments to any consumer gadget, accessory or wearable,” MasterCard says. WiseKey is already working with Hublot and Bulgari to add payments to a range of high-end watches.

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