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    Partner news HCE

    23 February 2017 • By Rian Boden • Last updated 23 February 2017, 13:08

    Meet NFC World’s partners at Mobile World Congress

    GSMA Mobile World Congress

    NFC World partners Rambus, Mahindra Comviva, STMicroelectronics, Dejamobile, NXP, Gemalto and Antelop will be attending Mobile World Congress in Barcelona from 27 February to 2 March. Here’s what you can expect to see and where you can find them during the show:

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    Partner news NFC

    23 February 2017 • By Rian Boden • Last updated 23 February 2017, 12:35

    Crédit Mutuel Arkéa launches HCE mobile payments developed with Antelop

    PARTNER NEWS: Customers of French bank Crédit Mutuel Arkéa can now make host card emulation (HCE) based mobile payments using the bank’s Paylib mobile app and authorise payments at the point of sale with a scan of their fingerprint, making it the “first bank offering a fingerprint-supported HCE solution in France”.

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    Partner news

    22 February 2017 • By Rian Boden • Last updated 22 February 2017, 15:37

    Mahindra Comviva launches biometric payments solution for rural Indian merchants

    PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva has launched PayPlus Aadhaar Pay, a merchant payment acceptance solution designed for rural India that will enable merchants to accept in-store payments through Aadhaar numbers and biometric-based authentication.

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    22 February 2017 • By Rian Boden • Last updated 22 February 2017, 12:42

    Europe to relax requirements on strong customer authentication for online and unattended payments

    The European Banking Authority (EBA) is to modify its proposed plan for “strong customer authentication” on all remote payments over €10 (US$10.50), which would have required customers to present additional authentication at checkout such as passwords and codes, or use a card reader. The EBA will now extend the €10 threshold to €30 ($31.50) in its proposal.

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    22 February 2017 • By Rian Boden • Last updated 22 February 2017, 11:05

    Gulf Oil unveils Gulf Pay for mobile payments and special offers at fuel stations

    Customers at Gulf Oil fuel stations across select New England and New York markets in the US are to pilot a new mobile payment service that will enable drivers to navigate to the nearest station, pay for fuel at the pump, receive exclusive offers and purchase products inside the convenience store.

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    Partner news NFC

    21 February 2017 • By Christopher Brown • Last updated 21 February 2017, 18:04

    STMicroelectronics announces new NFC devices for contactless payments and IoT

    PARTNER NEWS: STMicroelectronics has released a new set of NFC devices for contactless payments and data exchange, including the ST21NFCD NFC controller and ST54 Systems in Packages containing the controller and an embedded Secure Element (eSE).

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    QR

    21 February 2017 • By Rian Boden • Last updated 21 February 2017, 17:17

    NPCI, Mastercard and Visa unveil standardised QR code mobile payments for India

    Indian consumers can now make QR code-based mobile payments using BharatQR, a “low cost, interoperable mobile acceptance solution” backed by the Indian government and developed by Mastercard, Visa and National Payments Corporation of India (NPCI). The service is supported by American Express and 14 national banks.

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    17 February 2017 • By Rian Boden • Last updated 17 February 2017, 12:35

    Kenyan banks roll out PesaLink real-time direct P2P mobile payments

    Kenya’s new digital payments platform PesaLink, that will enable consumers to make real-time mobile person-to-person (P2P) payments from US$0.10 up to US$9,650 at any time without having to go through intermediaries, is “expected to cut the cost of transactions and transform the way consumers interact with their banks”, the Kenya Bankers Association (KBA) says.

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    NFC

    17 February 2017 • By Rian Boden • Last updated 17 February 2017, 10:10

    Russian mobile network MTS launches first phase of Money Wallet payments, transfer and loyalty service

    Russian mobile network operator MTS has launched MTS Money Wallet, an online payments and money transfer service that incorporates loyalty points, offers and discounts, and is to be expanded to transport and in-store payments via NFC, SMS and USSD technologies later this year.

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    Tokens

    16 February 2017 • By Rian Boden • Last updated 16 February 2017, 16:58

    IBM’s Watson integrates Visa Token Service to enable tokenized payments on connected devices

    IBM is to integrate Visa Token Service into its Watson IoT cognitive technology platform to enable payments to be embedded into “any device connected to the Internet of Things (IoT)”, with all of IBM’s Watson IoT Platform customers gaining access to Visa payment services via IBM’s cloud service — rather than businesses needing to be approached on a one-by-one basis.

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    News in brief

    India’s Mobikwik aims to triple user base in 2017

    By Christopher Brown • 23 February 2017, 15:00 • Last updated 23 February 2017, 15:00

    Indian mobile wallet MobiKwik is to invest Rs 3bn (US$45m) to triple its user base and raise the total volume of transactions on its platform to $10bn in 2017, The Times of India reports. “MobiKwik said the investment will help it triple its user base to 150m and drive up annual gross merchandise value by year end from the current $2bn,” the report says.

    Consumers show more trust in mobile wallet security

    By Rian Boden • 23 February 2017, 12:51 • Last updated 23 February 2017, 12:36

    Global consumers are “more concerned” with protecting their financial and payments information on a computer than protecting the same data in a mobile wallet, ACI Worldwide and Aite Group research reveals, with more than 80% believing their mobile wallet data is secure. 75% of the 6,000 consumers across 20 countries surveyed are “very interested” in receiving a call or SMS to help mitigate fraud.

    US banks launch money-transfer app

    By Christopher Brown • 23 February 2017, 10:45 • Last updated 23 February 2017, 10:45

    Nineteen US banks have launched Zelle, the mobile P2P money transfer service unveiled last October to compete with the likes of Venmo, allowing users to send money directly to each other’s bank accounts within minutes. Bank of America says it is the first to incorporate Zelle into its own app, with a standalone Zelle app available later this year for anyone with a debit card.

    UK bank tests voice commands with Google Home

    By Christopher Brown • 22 February 2017, 17:06 • Last updated 22 February 2017, 17:06

    Starling Bank, a UK mobile-only bank, is testing an integration of its API with Google Home, the voice-activated speaker powered by Google Assistant. A video shows a user using voice commands to ask for her balance and spending history, and make a person-to-person payment.

    Visa Token Service to spread across Europe in 2017

    By Rian Boden • 22 February 2017, 11:21 • Last updated 22 February 2017, 11:10

    The Visa Token Service platform will be available in more than 12 European countries by the end of 2017, Visa has announced. “The technology is already supporting mobile payment schemes in 27 countries worldwide,” the company says, “with more than 1,300 financial institution partners.”

    Bank of China brings Apple Pay to UnionPay credit cards

    By Rian Boden • 21 February 2017, 17:02 • Last updated 21 February 2017, 16:15

    Bank of China has become the first bank in Hong Kong to offer Apple Pay with UnionPay credit cards. BOC UnionPay Dual Currency Credit cardholders can make payments at UnionPay QuickPass terminals in mainland China and Hong Kong. A HK$30 cash (US$4) gift for customers signing up for Apple Pay and promotions for using the service at Pacific Coffee and Sasa outlets are on offer until 20 April 2017.

    Belgian bank to launch HCE mobile payments

    By Rian Boden • 21 February 2017, 16:44 • Last updated 21 February 2017, 16:14

    Customers of Belgium’s Belfius Bank will soon be able to make host card emulation (HCE) based mobile payments using a service integrated with the Belfius Mobile banking app. The service will begin rolling out in May 2017 and is scheduled to be made available to all customers by the end of June 2017.

    Apple and Samsung boost Russian interest in virtual cards

    By Christopher Brown • 21 February 2017, 16:31 • Last updated 21 February 2017, 16:12

    The launch of Apple Pay and Samsung Pay in Russia helped to produce a fivefold increase in the number of consumers using online payment service Yandex.Money to pay for goods and services in 2016, Vedemosti reports. The interest generated in the use of virtual cards by the mobile payments services saw turnover increase fourfold and the number of transactions seven times, the publication adds.

    Ant Financial invests in Korea and Philippines

    By Christopher Brown • 21 February 2017, 16:17 • Last updated 21 February 2017, 16:09

    Alipay parent company Ant Financial is to invest US$200m in South Korean mobile finance platform Kakao Pay to “expand its online and offline payment coverage”. Ant Financial has also made its first investment in the Philippines, announcing a strategic partnership to “scale up” mobile operator Globe Telecom’s mobile wallet and digital financial service Mynt.

    Swiss region pilots own local blockchain-based cryptocurrency

    By Christopher Brown • 21 February 2017, 16:05 • Last updated 21 February 2017, 16:05

    A pilot test of a cryptocurrency based on blockchain technology has taken place in the canton of Ticino, Switzerland. The use of the paperless Ticinocoin is designed to promote the local economy, and will “save many administrative costs [while] every transaction would be transparent, safe and verifiable by all”, says founder Michele Fiscalini.

    More news in brief...


    February 23rd, 2017

    This week's news

    1. Meet NFC World’s partners at Mobile World Congress
    2. India’s Mobikwik aims to triple user base in 2017
    3. Consumers show more trust in mobile wallet security
    4. Crédit Mutuel Arkéa launches HCE mobile payments developed with Antelop
    5. US banks launch money-transfer app
    6. UK bank tests voice commands with Google Home
    7. Mahindra Comviva launches biometric payments solution for rural Indian merchants
    8. Europe to relax requirements on strong customer authentication for online and unattended payments
    9. Visa Token Service to spread across Europe in 2017
    10. Gulf Oil unveils Gulf Pay for mobile payments and special offers at fuel stations
    11. STMicroelectronics announces new NFC devices for contactless payments and IoT
    12. Bank of China brings Apple Pay to UnionPay credit cards
    13. Belgian bank to launch HCE mobile payments
    14. Apple and Samsung boost Russian interest in virtual cards
    15. Ant Financial invests in Korea and Philippines
    16. Swiss region pilots own local blockchain-based cryptocurrency
    17. NPCI, Mastercard and Visa unveil standardised QR code mobile payments for India
    18. ING Direct and Macquarie support Apple Pay in Australia
    19. Apple Pay coming soon to Germany and Italy?
    20. Serbian bank launches HCE mobile payments
    21. Magazine focuses on Indian demonetisation and mobile money
    22. Apple buys facial recognition startup
    23. TfL and Barclaycard to extend contactless network
    24. EMV card shipments grow less than 1% in 2016
    25. Google Home owners get voice commands for grocery shopping
    26. Kenyan banks roll out PesaLink real-time direct P2P mobile payments
    27. Fashion retailers test smart mirrors for mobile payments
    28. New iPhone to feature 3D laser facial recognition scanner?
    29. Russian mobile network MTS launches first phase of Money Wallet payments, transfer and loyalty service
    30. Amazon and Google to add phone calls for virtual assistants?
    31. Paytm expects up to 30% fall in offline customers
     
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