Members of the Canadian Bankers Association reached agreement on Friday on how NFC mobile payments will be handled in Canada, says The Globe and Mail, opening the way for the first commercial deployments to take place. These are likely to take the form of partnerships between financial institutions and carriers, the newspaper reports. An official announcement of the guidelines to be adopted may be made as soon as today.
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- Chinese shopping street adopts face recognition payments
- TD Ameritrade leverages Apple Pay to let share buyers use debit cards to instantly fund their brokerage accounts
- NFC Forum unveils technical specification that lets IoT devices use a single antenna for both NFC and wireless charging
- Russian supermarket chain rolls out open loop fingerprint payments service