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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

    PesaLink

    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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    16 February 2017 • By Christopher Brown • Last updated 17 February 2017, 10:11

    What’s New in Payments: Leading international innovators explain the latest payments trends and technologies in free special report

    Senior executives from Starbucks, Pizza Hut, Barclaycard, Swatch and CaixaBank are among 12 leading payments innovators who have contributed to What’s New in Payments, a 104-page special report that is now available to download free of charge from the NFC World Knowledge Centre. Topics covered range from blockchain payments to AI, chatbots, wearables, the IoT, tokenization, HCE and mobile payments.

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    15 February 2017 • By Rian Boden • Last updated 15 February 2017, 12:26

    Jaguar brings in-car fuel payments to Shell service stations

    Luxury car maker Jaguar has begun integrating a mobile payments system into its vehicles, allowing drivers to use PayPal or Apple Pay to pay for fuel at Shell service stations using an app and the touchscreen found inside their vehicle. The service is available in the UK from 15 February and will roll out internationally throughout 2017, with support for Android Pay later this year.

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    15 February 2017 • By Rian Boden • Last updated 15 February 2017, 10:34

    Mobile wallet providers ‘failing to realise full potential of loyalty programs’

    Mobile financial service providers are failing to fully realise the potential of loyalty programs to drive revenue growth, a survey by customer experience solutions provider Amdocs and consultancy firm Ovum says, while those who employ loyalty programs are “better placed” to increase usage and adoption of their mobile wallet service.

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    14 February 2017 • By Rian Boden • Last updated 14 February 2017, 12:17

    Norwegian banks join DNB to make Vipps the ‘single mobile wallet’ for customers

    More than 100 Norwegian banks are to take a stake in Vipps, the person-to-person mobile payment solution launched by financial services group DNB and Tata Consultancy Services (TCS) in May 2015. The banks will continue the development of Vipps in collaboration with DNB, and the service will be launched in-store in 2017, DNB has told NFC World.

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    QR

    14 February 2017 • By Rian Boden • Last updated 14 February 2017, 11:30

    More than 150,000 Kenyan merchants to get mobile payments with Masterpass QR

    More than 150,000 micro, small and medium enterprises (MSMEs) in Kenya will be able to accept in-store mobile payments using QR code technology in 2017, using Mastercard’s Masterpass QR platform. The service is set to be introduced through “various financial institutions and other partners” from this month.

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    NFC

    13 February 2017 • By Rian Boden • Last updated 13 February 2017, 12:20

    Australian banks drop Apple Pay fee request to focus on iPhone NFC access

    The group of Australian banks arguing for the right to collectively negotiate with Apple over the introduction of Apple Pay in the country have dropped their request to jointly arrange how to “pass-through” additional fees Apple imposes on its mobile payment service, and will now focus solely on gaining access to the NFC functionality within the iPhone.

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    13 February 2017 • By Rian Boden • Last updated 13 February 2017, 11:15

    Mobile to account for 28% of online retail spending in Europe this year

    More than a quarter of all online retail sales across Europe (27.9%) will be done using a mobile device in 2017, with UK consumers spending more money in-store, online and in-app using mobile devices than any other Europeans, research released by VoucherCodes.co.uk and the Centre for Retail Research (CRR) shows.

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    News in brief

    Google Home owners get voice commands for grocery shopping

    By Christopher Brown • 17 February 2017, 14:35 • Last updated 17 February 2017, 14:35

    Owners of the Google Home speaker powered by Google Assistant can now buy groceries using voice commands. “Order from participating Google Express retailers, including Costco, Whole Foods Market, Walgreens, PetSmart, Bed Bath & Beyond and more than 50 other national and locally available retailers,” Google says. “Over the coming months, we’ll add new features and enable purchases for other apps and services.”

    Fashion retailers test smart mirrors for mobile payments

    By Rian Boden • 17 February 2017, 11:17 • Last updated 17 February 2017, 11:17

    Fashion retailers Ralph Lauren and Rebecca Minkoff are testing smart dressing-room mirrors that will soon allow shoppers to “wave their phones in front of the mirror and make a purchase using Apple Pay or Android Pay”, Bloomberg reports. The mirrors from Oak Labs read RFID tags on clothes and display complementary items, and allow customers to adjust the lighting and alert store assistants.

    New iPhone to feature 3D laser facial recognition scanner?

    By Christopher Brown • 17 February 2017, 10:32 • Last updated 17 February 2017, 10:50

    Apple’s iPhone 7S, 7S Plus and 8 will come with a 3D laser scanner for facial recognition later this year to replace the Touch ID fingerprint scanner, JPMorgan analyst Rod Hall has told MacRumors. He says the switch to facial recognition will “potentially be more secure than Touch ID, which could increase Apple Pay adoption among banks and merchants”.

    Amazon and Google to add phone calls for virtual assistants?

    By Christopher Brown • 17 February 2017, 09:54 • Last updated 17 February 2017, 09:54

    Consumers with Amazon Echo or Google Home could use the virtual assistant devices to make or receive phone calls later this year, the Wall Street Journal reports. Despite security concerns, sources told the publication that turning the assistants into home phones was the “logical next step for the artificial intelligence-powered speakers”.

    Paytm expects up to 30% fall in offline customers

    By Christopher Brown • 17 February 2017, 09:42 • Last updated 17 February 2017, 09:42

    Indian mobile wallet Paytm “expects to lose 20-30%” of customers making offline payments using QR codes, OTP or mobile-to-mobile transfers when the Reserve Bank of India removes cash withdrawal limits on March 13, The Financial Express reports. “We [will] still have a larger offline than online category, and that’s where the business is for us,” says Paytm founder Vijay Shekhar Sharma.

    Smart home owners can ask Alexa to unlock front door

    By Christopher Brown • 16 February 2017, 16:54 • Last updated 16 February 2017, 16:54

    Homeowners with smart home company August’s Smart Lock system are now able to ask an Amazon Alexa-enabled device to unlock their front door using their voice and a secure voice PIN of four to 12 digits. Users “can begin using Alexa by enabling the August Smart Lock skill within the Alexa app”, the firm says. August will “also soon integrate with” Google Assistant, Forbes reports.

    Mobile payments service for children to begin beta trials

    By Christopher Brown • 16 February 2017, 16:38 • Last updated 16 February 2017, 16:38

    Beta tests of the Virtual Piggy mobile payments platform for children, which “offers the ability for children to learn how to use the payment tools of the digital economy” with parental controls built in, will begin in April. “Our technology will prepare a new generation for responsible financial management that will last into adulthood,” says CEO John Coyne.

    Apple patent shows touchscreen fingerprint scanner

    By Rian Boden • 15 February 2017, 17:11 • Last updated 15 February 2017, 17:11

    A patent shows Apple is working on a “micro-LED active matrix display panel” that would allow a fingerprint scanner to be integrated into an iPhone touchscreen and could eventually replace the current Touch ID button. “The ability to detect an object’s surface profile while the display panel is not emitting visible light enables the display panel to detect a user’s fingerprint to unlock a mobile device when the display panel appears to be off,” the application says.

    NFC SIM ‘losing its fight’ against HCE

    By Rian Boden • 15 February 2017, 12:33 • Last updated 15 February 2017, 12:33

    The NFC SIM card is losing its fight against embedded secure elements and host card emulation (HCE) technologies which are “continuing to gain momentum due to ongoing interest from banks, financial institutions and transportation authorities,” ABI Research says. “SIM card shipments will reach nearly 6bn in 2017 and maintain relatively stable growth until 2021, despite a sharp decline in NFC SIMs worldwide.”

    Apple Pay and Android Pay prepare for Korea launch

    By Rian Boden • 15 February 2017, 12:03 • Last updated 15 February 2017, 12:03

    Apple Pay and Android Pay are preparing to launch in Korea, according to The Korea Herald. “Apple’s executives recently held a meeting with South Korean financial authorities — a move that can be viewed as the company testing the waters,” the publication reports. “Local card companies forecast that Google’s Android Pay is likely to be introduced earlier than Apple Pay.”

    More news in brief...


    February 19th, 2017

    This week's news

    1. Google Home owners get voice commands for grocery shopping
    2. Kenyan banks roll out PesaLink real-time direct P2P mobile payments
    3. Fashion retailers test smart mirrors for mobile payments
    4. New iPhone to feature 3D laser facial recognition scanner?
    5. Russian mobile network MTS launches first phase of Money Wallet payments, transfer and loyalty service
    6. Amazon and Google to add phone calls for virtual assistants?
    7. Paytm expects up to 30% fall in offline customers
    8. IBM’s Watson integrates Visa Token Service to enable tokenized payments on connected devices
    9. Smart home owners can ask Alexa to unlock front door
    10. Mobile payments service for children to begin beta trials
    11. What’s New in Payments: Leading international innovators explain the latest payments trends and technologies in free special report
    12. Apple patent shows touchscreen fingerprint scanner
    13. NFC SIM ‘losing its fight’ against HCE
    14. Jaguar brings in-car fuel payments to Shell service stations
    15. Apple Pay and Android Pay prepare for Korea launch
    16. Citi and Wells Fargo cards ‘not supported’ by Android Wear
    17. Mobile wallet providers ‘failing to realise full potential of loyalty programs’
    18. Turkish bank adds iMessage payments
    19. Finnish distiller adds NFC tags to gin bottles
    20. Wearable security market to reach $5.74bn by 2021
    21. NXP unveils IoT security platform
    22. Norwegian banks join DNB to make Vipps the ‘single mobile wallet’ for customers
    23. More than 150,000 Kenyan merchants to get mobile payments with Masterpass QR
    24. Mahindra Comviva wins award for mobile wallet remittance network
    25. Half of US and UK consumers want more chatbots
    26. Jameson offers prizes with special NFC bottle
    27. PCI offers guidance for multi-factor authentication
    28. India to equip half a million ration shops for Aadhaar payments
    29. India to ‘skip card era’ for mobile payments
    30. Paytm targets 10m Indian mobile payments merchants
    31. Indian mobile wallets seek common QR code
    32. Australian banks drop Apple Pay fee request to focus on iPhone NFC access
    33. Mobile to account for 28% of online retail spending in Europe this year
     
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