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.”
- ANZ lets customers use smartphones and smartwatches to withdraw cash from ATMs across Australia
- Ithmaar Bank to let Bahraini consumers withdraw cash from ATMs with just their fingerprint and a PIN
- LG to pilot blockchain carrier billing system for international mobile payments in stores
- Digital currency pioneer David Chaum launches high speed blockchain for payments
- Beijing to pilot face recognition payments at railway ticketing barriers
