German payments technology provider Wirecard is to integrate insurance solutions from Credit Life International into its Boon host card emulation (HCE) mobile payments app... More
Archive: News in brief
Army cadets develop NFC medical bracelet
A group of Israeli military cadets have developed a bracelet using NFC technology to store injured soldiers’ medical notes as they are transported from the battlefield to hospital, the Times of Israel reports... More
Royal Mint to develop blockchain for gold trade
The UK’s Royal Mint is working with derivatives marketplace CME Group to develop a new gold trading system using blockchain technology... More
Battery-less smartwatch powered by body heat
Devices such as smartwatches could be powered by little more than the heat of the wearer’s body, if the promise of a California-based startup is delivered, EE Times reports... More
ANZ could offer mortgages through Apple Pay
Australian bank ANZ has announced it is working with Apple to deliver a wider range of financial products, including mortgages, through Apple Pay, the Sydney Morning Herald reports... More
Mastercard and Verifone unveil Instalments payments app
British consumers will be able to spread the cost of high-value in-store payments following a partnership between Mastercard and Verifone... More
Austrian bank deploys NFC-ready ATMs
Austria’s Raiffeisen Bank Group has signed a deal to install 1,200 Diebold Nixdorf ATMs in its branches equipped with QR code scanners and NFC readers... More
Apple Pay offered for HSBC Singapore customers
Apple Pay is now available for HSBC Singapore customers holding Visa and MasterCard credit cards, allowing them to make payments in stores with Visa payWave or MasterCard contactless payment terminals... More
Mastercard launches AI across global network
Mastercard has introduced an artificial intelligence solution to help financial institutions increase the accuracy of real-time approvals of genuine transactions and reduce false declines, while marking the first time AI has been implemented on a global scale directly on the Mastercard network... More
FIS to offer Zelle support
Banking and payments technology provider FIS is to offer Early Warning’s Zelle P2P payment service to its financial institutions... More
Korea gets BioCA facial recognition solution
A facial biometric authentication service for money transfers has been launched by Korea International Trade Association subsidiary Korea Trade Network (KTNET), in collaboration with biometrics provider Daon and the Korea Smart Authentication Corporation... More
Apple Pay to launch in Spain?
Apple Pay is to launch in Spain on 1 December with support from Banco Santander, according to Spanish news website Applesfera... More
Mastercard biometric service rolls out to Latin America
Mastercard has launched its biometric Identity Check Mobile service in Brazil and Mexico, the payments giant has confirmed... More
USAA Bank adds insurance cards to digital wallet
USAA Bank has updated its digital wallet offering to enable users to add their auto insurance card and medical insurance card to the app... More
In-store mobile payments take 0.6% Black Friday share
In-store mobile payments accounted for 0.6% of transactions made on Black Friday in the US, research released by payment technologies provider Cayan reveals... More
Mastercard blockchain patent applications
Mastercard has filed patent applications describing systems and methods for authorising and securing blockchain transactions using existing payment networks... More
Off the cuff mobile payments from British fashion brand
British accessories brand Tovi Sorga is working with Barclaycard to include contactless payment chips to their wallet cuff range, allowing wearers to make purchases across the UK... More
Growth in millennials’ mobile commerce use
Eighty-eight percent of US millennials are conducting transactions from their mobile device with 15% doing so multiple times a day, research from mobile capture and identity verification firm Mitek shows... More
Mobile retail commerce to reach US$1,120bn by 2020
The value of global mobile retail commerce is set to reach US$1,120bn by 2020, up from US$415bn in 2016, a white paper released by Aite Group predicts... More
JustGiving to aid contactless donations
Online donation platform JustGiving has showcased a prototype for a TapDonate mobile app in collaboration with UK charity Bloodwise that will enables contactless card donations to be made to charities through PayPal Here... More