An Australian parliamentary committee is recommending that financial institutions give customers the option to disable contactless payment features. “The committee recommends that financial institutions create an ‘opt in’ function that requires customers to consent to contactless payment technology features being activated on their cards,” the Parliamentary Joint Committee on Law Enforcement writes. The recommendation is one of 14 put forward as part of the committee’s inquiry into financial related crime.
- Wells Fargo adds support for Fitbit Pay
- Apple details Apple Pay Cash in updated iOS Security guide
- India to add face recognition to Aadhaar biometric ID system
- Bank of America reports 84% rise in P2P payment transactions
- One in five Brits to make mobile payments in stores this year