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    Archive: Newswire

    RBC reports strong uptake for HCE wallet, adds support for digital receipts, loyalty and gift cards

    October 30th, 2015

    The Royal Bank of Canada (RBC) has trebled its mobile wallet user base since moving from a SIM-based model to host card emulation (HCE) six weeks ago, the bank’s head of payments innovation has told… More

    Kona unveils customizable payment platform that supports cards, tokens, NFC, HCE and wearable devices

    October 29th, 2015

    PARTNER NEWS: South Korean smart card provider Kona has unveiled the Kona Payment platform, a customizable, end-to-end solution for card issuers that supports tokenization, physical cards, mobile payments via both HCE and SIM-based secure elements,… More

    Best Buy discusses Apple Pay, MCX and Chase Pay support

    October 28th, 2015

    US retail giant Best Buy has opened up about its experience with Apple Pay, its ongoing support for retailer-led consortium MCX’s CurrentC mobile payment service and its view on Chase Pay, the QR code-based service… More

    Apple Pay to launch in Australia, Canada, Spain, Hong Kong and Singapore

    October 27th, 2015

    Apple Pay is to go live in Australia and Canada this year and in Spain, Singapore and Hong Kong in 2016, Apple CEO Tim Cook has revealed during the iPhone maker’s latest earnings call. American… More

    Samsung Pay adds US card issuers and reports on consumer adoption

    October 27th, 2015

    US payment network Discover, gift card provider Blackhawk Network and fourteen financial institutions are to add support for Samsung Pay in the coming months, Samsung has announced, and consumers that are using the service have made an average of eight transactions since its launch four weeks ago. More

    PureWrist makes pitch for NFC payments bracelet

    October 27th, 2015

    Wearable payments startup PureWrist has begun taking pre-orders for a bracelet that comes equipped with a prepaid MasterCard account and lets its wearer make NFC payments at any contactless terminal with a tap of the wrist. The company showcased the product during its StartupPitch180 presentation at Money20/20. More

    MCX merchants to accept Chase Pay mobile payments

    October 27th, 2015

    JP Morgan Chase has unveiled Chase Pay, a “closed loop network with access to credit and debit customers” that leverages the bank’s 94m debit, credit and prepaid card accounts, uses QR codes for mobile payments and will be accepted by all members of the MCX retailer-led mobile payments consortium. More

    Android Pay signs up “millions” of users, readies loyalty programs

    October 27th, 2015

    Android Pay has signed up “millions” of users since its launch in the US in September 2015, Google’s Sridhar Ramaswamy has told attendees during his keynote at Money20/20. He also announced that single tap loyalty rewards are set to go live at NFC-enabled Coke vending machines in the next “few weeks”. More

    Citi tests ATMs that replace plastic cards with mobile phones, QR codes, NFC and iris scans

    October 27th, 2015

    Citi has begun testing a screenless, cardless ATM concept developed by Diebold that lets customers make transactions using their mobile device instead of a plastic card and authenticate themselves using NFC, QR or an iris… More

    MasterCard extends tokenization platform to clothing, accessories and wearable devices

    October 26th, 2015

    MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.” More

    Taiwanese banks to roll out hybrid HCE payments platform

    October 26th, 2015

    Taiwan Mobile Payments Co (TWMP), the mobile payments TSM venture established in 2014 by three Taiwanese banking groups, has signed a deal with Mozido to provide its 27 member banks and financial institutions with a… More

    Americans to spend $27bn via mobile payments in stores in 2016

    October 26th, 2015

    The total value of mobile payment transactions in the US will grow 210% in 2016 and nearly one in five smartphone users will make a mobile payment in a store next year, eMarketer’s latest proximity mobile payments forecast predicts. More

    Khosla predicts NFC will replace EMV cards in three to five years

    October 26th, 2015

    EMV will become irrelevant in three to five years’ time and NFC will take over, Khosla Ventures founder Vinod Khosla has told attendees during a keynote at Money20/20. “All these backroom boys agreed on something… More

    Four in ten Apple Pay users make a mobile payment once a week

    October 26th, 2015

    More than seventy million US consumers (71.5m) have now made a mobile payment in a store or online, up from 61m in 2014, research by Mercator Advisory Group has found. Overall, 42% of all smartphone owners have made a mobile payment and half of those do so at least once a week. More

    Seamless adds HCE to Seqr mobile wallet

    October 23rd, 2015

    Customers using Seamless’ Seqr mobile payment solution will soon be able to make host card emulation (HCE) based NFC payments at any contactless terminal through the service’s integration with white label wallet provider MeaWallet. “Until… More

    Meet NFC World’s partners at Money20/20

    October 22nd, 2015

    NFC World partners Bell ID, SimplyTapp, Carta Worldwide, Mahindra Comviva, Kona and Gemalto will be exhibiting at the Money2020 expo in Las Vegas from October 25-28. Here’s what you can expect to see and where… More

    NFC gnomes store messages for lovers

    October 22nd, 2015

    Startup Gnoments has developed gnome soft toys that come equipped with NFC chips to allow consumers to add links to sound recordings, videos and photos that can be accessed with a tap of a loved… More

    US banks pilot mobile wallet authentication and issuance at the ATM

    October 21st, 2015

    PARTNER NEWS: ATM manufacturer Diebold has teamed up with HCE specialist SimplyTapp to offer banks a way to use their ATM network to add a layer of card present security to their mobile wallet provisioning… More

    AMS unveils NFC chip and antenna for adding payments and ticketing to wearable devices

    October 21st, 2015

    PARTNER NEWS: Chip maker AMS has introduced an NFC payments and ticketing solution for manufacturers of smartwatches, wristbands and other small devices that only have room for an extremely small antenna. “The new AS3921 is… More

    Apple Pay accounts for 68% of all in-store mobile payments in US

    October 20th, 2015

    Apple Pay is used for more than two thirds (68%) of all in-store mobile payments in the US, research from Accenture reveals, and the number of North Americans aware of mobile payments has increased by… More

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