Customers of Kombank in Serbia can now make host card emulation (HCE) based mobile payments through a new feature added to the bank’s mobile banking app... More
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Magazine focuses on Indian demonetisation and mobile money
PARTNER NEWS: A 36-page magazine featuring articles about the post-demonetisation era in India and the best practices for enhancing the customer experience of using mobile money is now available to download from the NFC World Knowledge Centre... More
Apple buys facial recognition startup
Apple has acquired RealFace, an Israel-based facial recognition technology startup, in a deal estimated to be “several million dollars,” Israeli financial website Calcalist reports... More
TfL and Barclaycard to extend contactless network
Transport for London (TfL) is aiming to extend contactless payments on its network to further areas outside of the capital, after Barclaycard announced it has retained its contract to provide payment processing solutions to TfL for at least another seven years... More
EMV card shipments grow less than 1% in 2016
Global EMV payment card shipments increased by less than 1% year-on-year in 2016, reaching nearly 3bn, ABI Research says... More
Kenyan banks roll out PesaLink real-time direct P2P mobile payments
Kenya’s new digital payments platform PesaLink, that will enable consumers to make real-time mobile person-to-person (P2P) payments from US$0.10 up to US$9,650 at any time without having to go through intermediaries, is “expected to cut the cost of transactions and transform the way consumers interact with their banks”, the Kenya Bankers Association (KBA) says... More
Fashion retailers test smart mirrors for mobile payments
Fashion retailers Ralph Lauren and Rebecca Minkoff are testing smart dressing-room mirrors that will soon allow shoppers to “wave their phones in front of the mirror and make a purchase using Apple Pay or Android Pay”, Bloomberg reports... More
Russian mobile network MTS launches first phase of Money Wallet payments, transfer and loyalty service
Russian mobile network operator MTS has launched MTS Money Wallet, an online payments and money transfer service that incorporates loyalty points, offers and discounts, and is to be expanded to transport and in-store payments via NFC, SMS and USSD technologies later this year... More
IBM’s Watson integrates Visa Token Service to enable tokenized payments on connected devices
IBM is to integrate Visa Token Service into its Watson IoT cognitive technology platform to enable payments to be embedded into “any device connected to the Internet of Things (IoT)”, with all of IBM’s Watson IoT Platform customers gaining access to Visa payment services via IBM’s cloud service — rather than businesses needing to be approached on a one-by-one basis... More
Apple patent shows touchscreen fingerprint scanner
A patent shows Apple is working on a “micro-LED active matrix display panel” that would allow a fingerprint scanner to be integrated into an iPhone touchscreen and could eventually replace the current Touch ID button... More
NFC SIM ‘losing its fight’ against HCE
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... More
Jaguar brings in-car fuel payments to Shell service stations
Luxury car maker Jaguar has begun integrating a mobile payments system into its vehicles, allowing drivers to use PayPal or Apple Pay to pay for fuel at Shell service stations using an app and the touchscreen found inside their vehicle... More
Apple Pay and Android Pay prepare for Korea launch
Apple Pay and Android Pay are preparing to launch in Korea, according to The Korea Herald... More
Mobile wallet providers ‘failing to realise full potential of loyalty programs’
Mobile financial service providers are failing to fully realise the potential of loyalty programs to drive revenue growth, a survey by customer experience solutions provider Amdocs and consultancy firm Ovum says, while those who employ loyalty programs are “better placed” to increase usage and adoption of their mobile wallet service... More
Turkish bank adds iMessage payments
Customers of Isbank in Turkey can now send and receive money using Apple’s iMessage... More
Finnish distiller adds NFC tags to gin bottles
Finnish distiller Northern Lights Spirits (NLS) is to include NFC tags on premium Kalevala Gin bottles, allowing it to “instantly deliver authentication messages, brand stories, promotional offers, product news and other relevant content” to customers... More
Wearable security market to reach $5.74bn by 2021
The global wearable security devices market is expected to reach US$5.74bn by 2021, Technavio research shows... More
NXP unveils IoT security platform
PARTNER NEWS: NXP has unveiled a platform designed to enable developers of Internet of Things equipment to “easily build” secure and trusted systems... More
Norwegian banks join DNB to make Vipps the ‘single mobile wallet’ for customers
More than 100 Norwegian banks are to take a stake in Vipps, the person-to-person mobile payment solution launched by financial services group DNB and Tata Consultancy Services (TCS) in May 2015... More
More than 150,000 Kenyan merchants to get mobile payments with Masterpass QR
More than 150,000 micro, small and medium enterprises (MSMEs) in Kenya will be able to accept in-store mobile payments using QR code technology in 2017, using Mastercard’s Masterpass QR platform... More