A biometric ring could replace your passwords, cards and keys — Engadget — “With a fingerprint sensor on the inside, it can confirm that you’re the authorized user. Then, you slide on the ring, and an onboard IR optical sensor makes sure the device is still on your finger. As long as you have not taken it off, you can authorize transactions with a tap of your hand… Token transmits the authentication signal over NFC in most situations.” 





Sydney man has Opal card implanted into hand to make catching public transport easier — ABC News — “Bio-hacker Meow-Ludo Disco Gamma Meow-Meow, his legal name, had the Opal near-field communication (NFC) chip cut down and encased in bio-compatible plastic, measuring 1 millimetre by 6 millimetres. He then had the device implanted just beneath the skin on the side of his left hand. “It gives me an ability that not everyone else has, so if someone stole my wallet I could still get home,” he said.” 


Beijing subway launches smartphone version of travel card — ECNS — “Starting Monday, subway travelers in the Chinese capital with NFC-enabled phones can leave their physical travel card at home and use their smartphone instead, Beijing Municipal Administration and Communications Card (BMAC) said… Beijing subway said the mobile pass function does not support iPhone because of Apple’s restrictions.” 


Urban Airship analysis of retailers’ mobile wallet coupons and loyalty cards reveals widespread peer-to-peer sharing — Urban Airship — “Analysis of more than one million Apple Wallet coupons and loyalty cards of major retail brands shows that for every mobile wallet pass a customer installs, it is shared and added to 3.3 other mobile devices on average… More than three-quarters of retailers’ installed passes were the result of sharing versus being created and distributed through their marketing channels.” 


Bahrain to launch national e-wallet on July 4 — Trade Arabia — “The national e-wallet is a joint initiative of the Central Bank of Bahrain (CBB) and Benefit and a first-of-its-kind project in the kingdom. It will enable instant payments via smartphones and also facilitate the collection of payments electronically through debit, credit and prepaid cards and online bank accounts, for online and in-store purchases.” 



Jack Ma’s Ant Financial nearly doubles profits amid deal push — Bloomberg — “The company controlled by Alibaba’s billionaire co-founder Jack Ma racked up an 86% jump in pretax profit to 5.56 billion yuan ($814 million) in the year ended March, according to Bloomberg’s calculations… Since starting as Alipay in 2004, Ant Financial has grown into an online giant that controls more than half of China’s $5.5 trillion mobile payments market.” 



Samsung Pay now supports Discover cards — The Verge — “A customer service representative for Discover confirmed that customers can now add their cards to Samsung Pay. Samsung unveiled its mobile payment system in 2015, and Discover announced at the time that support for the card would come in early 2016. However, that functionality was delayed until now, prompting some complaints from users.” 



Venmo is testing its own physical debit card — Recode — “Venmo has been testing its own version of a physical debit card that would allow people who use its app to make purchases in brick-and-mortar stores using money stored in their Venmo account, according to multiple sources.” 


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