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    NFC

    21 April 2017 • By Rian Boden • Last updated 21 April 2017, 12:00

    Orange to launch mobile-only bank with NFC payments and AI

    Orange Bank

    Mobile network operator Orange is to launch a mobile-only bank in France in July this year that will offer customers NFC mobile payments, P2P mobile transfers using SMS and an artificial intelligence-based virtual assistant that will eventually be able to complete tasks including making transfers and putting funds in savings.

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    QR

    20 April 2017 • By Rian Boden • Last updated 20 April 2017, 11:53

    Six Dutch banks to take Belgium’s Payconiq to the Netherlands

    Six Dutch banks including ABN Amro, ASN Bank, ING, Rabobank, Regiobank and SNS have announced their intention to launch Payconiq in the Netherlands this summer. Payconiq is a common mobile payment platform that lets customers make P2P payments as well as pay in-store and online and has been successfully piloted and launched in Belgium with support from ING, KBC and Belfius banks.

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    Partner news NFC

    20 April 2017 • By Rian Boden • Last updated 20 April 2017, 11:19

    NXP and GCL Technologies offer NFC tamper evident closure solution for wine and spirits brands

    PARTNER NEWS: Guala Closures Group, a world leader in security closures, has teamed up with NXP to introduce an NFC-based tamper evident closure solution for the wine and spirits industry that is designed to protect brands, enable advanced anti-counterfeiting and tamper-proofing and enable brand owners to make VIP offers, loyalty rewards and more available to customers through a tap of their NFC mobile device.

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    20 April 2017 • By Rian Boden • Last updated 20 April 2017, 10:27

    Mastercard tests biometric payments card in South Africa

    Employees at Pick n Pay supermarket stores and Absa Bank staff across South Africa have been trialling a biometric card developed by Mastercard that lets them make a payment at any EMV terminal and authenticate the transaction by placing their finger on the embedded sensor. Additional trials are planned over the next few months, with a full roll out expected “later this year”.

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    Tokens

    20 April 2017 • By Rian Boden • Last updated 20 April 2017, 09:45

    Pizza Hut: The Internet of Things is becoming the Internet of Commerce

    Rapid innovation in the payments market resulting from the emergence of end-user device adoption and tokenization is leading to commerce experiences that are more seamless in nature and more convenient for the end user — but with such rapid change comes a need for a look in the mirror, says Pizza Hut’s director of digital ventures.

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    19 April 2017 • By Rian Boden • Last updated 19 April 2017, 12:08

    Mastercard rolls out Messenger payment bots with US retailers

    Subway, FreshDirect and The Cheesecake Factory have begun rolling out payment bots for Facebook Messenger across the US, allowing their customers to secure and complete payments using Mastercard’s Masterpass digital payment platform without having to leave the instant messaging service.

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    18 April 2017 • By Rian Boden • Last updated 18 April 2017, 10:26

    Lloyds to trial biometrics for online banking

    Customers of Lloyds Banking Group across the UK will soon be able to log into their online banking accounts using fingerprint or facial recognition through Microsoft’s Windows Hello biometric authentication technology. The banking group is to trial the solution with Lloyds Bank, Halifax and Bank of Scotland customers with Windows 10 devices in the second half of this year.

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    13 April 2017 • By Rian Boden • Last updated 13 April 2017, 10:33

    Android Pay links to mobile banking apps to simplify setup process

    Android Pay has been integrated into the mobile banking apps of “several banks around the world” so that users can add their cards to the mobile payment service with “just the click of a button”. The feature will also work for those who have not installed Android Pay on their handset, giving them access to “the capabilities of Android Pay” without having to leave their mobile banking app.

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    12 April 2017 • By Rian Boden • Last updated 12 April 2017, 11:45

    Visa and American Express to strengthen security for stolen contactless cards

    Visa is to bring all of its contactless transactions online this year across 10 European countries to give consumers “more control over their accounts” following calls from the UK’s Financial Conduct Authority (FCA) for banks to tighten the processes they undergo when a customer reports a stolen contactless card. American Express is also “reviewing options” to ensure those who cancel their cards are protected against contactless fraud.

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    Tokens

    12 April 2017 • By Rian Boden • Last updated 12 April 2017, 09:58

    Facebook Messenger adds group payments in the US

    Facebook Messenger users across the US can now send and receive money between groups of people in a Messenger conversation by selecting the payments icon and then choosing who to send or request money from using a list of conversation participants.

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    News in brief

    Bank of Korea signs up retailers for coinless society trial

    By Rian Boden • 20 April 2017, 12:08 • Last updated 20 April 2017, 12:08

    The Bank of Korea (BOK) has signed up retailers including CU, 7-Eleven, E-Mart, Lotte Mart and Lotte Department Store to begin trialling a service that will give customers change in the form of a top-up to a prepaid card. “Cha Hyeon-jin, an official handling the issue at the BOK, said no decision has been made yet on whether the pilot project could eventually lead to a cashless society, but he predicted that there is a good chance that such a development may be possible down the road,” Korea Times reports.

    Kiwi millennials want biometrics for payments

    By Rian Boden • 19 April 2017, 10:39 • Last updated 19 April 2017, 10:39

    Some 62% of New Zealand’s millennials would like to use a fingerprint or retina scan to make payments, viewing biometrics as “secure and convenient and having the cool factor”, research released by Visa reveals. “61% say they already use their smartphone to pay for everyday items,” the payment network adds.

    Zelle processed 170m P2P payments in 2016

    By Rian Boden • 19 April 2017, 10:17 • Last updated 19 April 2017, 10:17

    Banks offering Early Warning’s Zelle P2P payments platform processed more than 170m P2P payments in 2016, totalling US$55bn in aggregate transaction value. The network now includes 20 banks and credit unions and is “poised to reach an estimated 85m consumers in the US through the mobile banking apps of its participating institutions,” Early Warning says. The Zelle brand was unveiled in October last year and has been built on the foundation of the ClearXChange network.

    Meet NFC World partners at Seamless Asia

    By Rian Boden • 19 April 2017, 09:32 • Last updated 19 April 2017, 09:32

    PARTNER NEWS: Antelop Solutions and Rambus will be exhibiting at the Seamless Asia expo in Singapore from 19 to 20 April. Antelop can be found in booth J18 where the company will be showcasing its Mastercard and Visa certified host card emulation (HCE) solution for banks. Rambus will be exhibiting at booth J10 and will be hosting a live demonstration of its Unified Payments Platform for retailers. NXP will also be present at the event as a workshop sponsor.

    PayPal heads in-store with Android Pay and Wells Fargo

    By Rian Boden • 18 April 2017, 14:22 • Last updated 18 April 2017, 14:22

    Android Pay users across the US will soon be able to make in-store, in-app and online payments using their PayPal account. “People in the US can simply link their PayPal account to use with Android Pay,” Google’s Pali Bhat writes in a blog post. PayPal has also announced a partnership with Wells Fargo that will enable the bank’s customers to add their debit and credit cards to PayPal for in-store NFC mobile payments.

    Square to launch physical debit card?

    By Rian Boden • 18 April 2017, 10:39 • Last updated 18 April 2017, 10:39

    mPOS provider Square could soon be launching a physical Square Cash debit card, according to Recode. The move would follow the launch of a virtual Square Cash card in December 2016 that lets users make payments using their Square Cash balance anywhere Apple Pay is accepted. “Square may end up incentivising Square Cash users to spend their money at Square brick-and-mortar merchants, since the company would make money from both sides of those transactions,” the publication reports.

    LG Pay to get facial recognition technology?

    By Rian Boden • 13 April 2017, 09:24 • Last updated 13 April 2017, 09:24

    LG plans to add facial recognition technology to its LG Pay mobile payments platform, according to The Investor. “After negotiations and a series of tests, the software will likely be deployed in the G6 as early as June when the tech giant is expected to start its mobile payment system LG Pay,” the publication reports. LG Pay was unveiled in March 2017, and will make use of Wireless Magnetic Communication (WMC) technology supplied by Dynamics.

    Samsung Pay to launch in Ireland after UK?

    By Rian Boden • 11 April 2017, 09:32 • Last updated 11 April 2017, 09:32

    Samsung Pay is to launch in Ireland later this year, following its expected launch in the UK this summer, according to The Irish Times. “There are no indications which banks will take up the technology,” the newspaper reports. “All the banks are very supportive, but we need to make sure it’s lined up and we have all the partners integrated that we need,” says Samsung’s vice president of mobile for UK and Ireland Conor Pierce.

    Westpac adds Samsung Pay in Australia

    By Rian Boden • 11 April 2017, 09:11 • Last updated 11 April 2017, 09:11

    Westpac has become the first of Australia’s big four banks to begin supporting Samsung Pay, taking the service to “millions of Westpac Mastercard and Visa debit and credit cardholders” following its launch in the country with support from American Express and Citibank in June 2016. Westpac added support for Android Pay in December 2016 and was one of four banks that were recently denied access to the NFC technology in Apple iPhones by the Australian Competition and Consumer Commission (ACCC).

    White paper gives insight into successful ID verification deployment

    By Rian Boden • 10 April 2017, 15:14 • Last updated 10 April 2017, 15:14

    A six-page white paper that aims to educate mobile network operators on implementing successful in-store ID verification solutions is now available to download from the NFC World Knowledge Centre. ‘Five factors for quick and effective ID verification deployment’ has been produced and sponsored by Gemalto and explores the challenges ID verification brings, as well as identifying the key factors for its successful deployment and providing an in-depth look at how Gemalto’s ID verification solution works.

    More news in brief...


    April 24th, 2017

    This week's news

    1. Orange to launch mobile-only bank with NFC payments and AI
    2. Bank of Korea signs up retailers for coinless society trial
    3. Six Dutch banks to take Belgium’s Payconiq to the Netherlands
    4. NXP and GCL Technologies offer NFC tamper evident closure solution for wine and spirits brands
    5. Mastercard tests biometric payments card in South Africa
    6. Pizza Hut: The Internet of Things is becoming the Internet of Commerce
    7. Mastercard rolls out Messenger payment bots with US retailers
    8. Kiwi millennials want biometrics for payments
    9. Zelle processed 170m P2P payments in 2016
    10. Meet NFC World partners at Seamless Asia
    11. PayPal heads in-store with Android Pay and Wells Fargo
    12. Square to launch physical debit card?
    13. Lloyds to trial biometrics for online banking
     
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