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    Archive: News in brief

    PCI expands protections for mobile payments

    January 11th, 2017

    The PCI Security Standards Council has updated its card production and provisioning standard to expand protections for mobile payments. PCI Card Production and Provisioning Security Requirements Version 2.0 “extends and adds to existing physical and logical security requirements for vendors that perform cloud-based host card emulation or secure element provisioning services; manage over-the-air personalisation, life cycle management and preparation of personalisation data; or manage associated cryptographic keys,” PCI says.

    Visa promotes contactless payments with gold prize draw

    January 11th, 2017

    Visa cardholders are being automatically entered into a lucky draw for the chance to win one million Thai Baht (US$28,100) worth of gold whenever they use their contactless card or Samsung Pay at more than 20 retail chains across Thailand. The promotion will run until the end of March 2017, with the winner announced on 12 May. Samsung Pay launched in Thailand earlier this month.

    Mattel includes NFC in AI for kids

    January 11th, 2017

    Toy maker Mattel has unveiled an NFC-enabled, voice-activated artificial intelligence assistant for children. Aristotle is compatible with Amazon Alexa and can answer a child’s questions, sing lullabies and play games with them using NFC-enabled toys. “Imagine what happens with Hot Wheels and Thomas the Train when you have this connected hub,” Robb Fujioka, Mattel’s chief products officer, told Fast Company.

    Global mobile payment market to hit US$780bn in 2017

    January 10th, 2017

    The global mobile payment market will reach US$780bn by the end of 2017, amounting to an annual increase of 25.8%, research firm TrendForce predicts. More than 60% of smartphones shipped worldwide this year will feature NFC, while over 50% of smartphones shipped worldwide will feature fingerprint recognition, the company adds.

    Germany to get nationwide mobile ticketing system

    January 10th, 2017

    The German transport minister has unveiled plans to launch a single ticketing system across “almost all” cities in Germany that will enable commuters to pay with a chip card or mobile phone by 2019. “The goal is that customers of 370 transport companies benefit from the initiative. That would be 75% of the population,” Funke Mediengruppe reports.

    Biometric smartphones double in a year

    January 10th, 2017

    The number of smartphone models incorporating biometric technology has more than doubled in the last year, a report by Acuity Market Intelligence says. Some 87 smartphone vendors introduced 346 biometric smartphones in the past year, bringing the total number introduced since 2013 to 549, more than double the 200 models Acuity reported a year ago. Nearly one billion biometric smartphones are currently in use, Acuity adds, representing 40% of the global smartphone market.

    Samsung Pay available in Thailand

    January 10th, 2017

    Samsung Pay is now available in Thailand through an early access programme, the company has confirmed to NFC World. Supporting banks include KTC, Citi, SCB, KBank, Krungsri Consumer and Bangkok Bank. Samsung Pay confirmed it would be launching the mobile payment service in Thailand in October 2016.

    Samsung Pay doubles users every week since Samsung Rewards launch

    January 9th, 2017

    The number of daily Samsung Pay users has doubled every week since the launch of Samsung Rewards in the US in November 2016, the company’s Nana Murugesan revealed during a panel session at CES 2017. “The company has also seen an increase in the number of what it is calling power users — that is, those making frequent (almost once every day) payments using the technology,” Android Headlines reports.

    Barclays to issue cards with dynamic CVV?

    January 9th, 2017

    UK bank Barclays is planning to issue bank cards that replace the three-digit security number on the back of the card with a dynamic CVV code that changes periodically to tackle online purchasing fraud, according to The Telegraph. The cards would also include contactless technology, and either a Wifi aerial or Bluetooth. “Unfortunately, at this stage and due to the nature of the project, we aren’t able to provide further insight in how it might one day look for consumers,” Barclays told NFC World.

    Android Pay heading to Russia in 2017

    January 6th, 2017

    Google is planning to bring Android Pay to Russia this year, according to Russian newspaper Izvestia. The mobile payment service is expected to launch with support from Alfa-Bank, B&N Bank, Raiffeisen Bank and Tinkoff Bank.

    Biometric rear-view mirror offers in-car authentication and payments

    January 5th, 2017

    An in-car biometric rear-view mirror that authenticates the driver using iris recognition technology has been unveiled by automotive electronics firm Gentex at CES 2017. The system, delivered in partnership with biometrics firm Delta ID, would identify the driver and, if authorised, start the car, automatically adjust mirrors, steering wheel and seat, and offer music favourites. Gentex adds it could also authorise and allocate payments “including incidentals like tolls and parking and eventually even gas and fast food”.

    Mastercard ‘selfie pay’ biometric service heads to Singapore

    January 5th, 2017

    Mastercard is preparing to launch its ‘selfie pay’ biometric Identity Check Mobile service in Singapore this year, according to The Business Times. “No specific date has been set for the launch,” the publication reports. Identity Check Mobile, which allows cardholders to authenticate online payments by scanning their fingerprint or by taking a selfie, rolled out to Latin America in December 2016. It became available to US financial institutions in 2016, with a global expansion expected during 2017.

    ‘Multi-factor fusion engine’ offers biometric authentication choice

    January 5th, 2017

    A new biometric authentication solution that offers smartphone, tablet and PC owners a choice of fingerprint or facial recognition has been unveiled. The “multi-factor biometric fusion engine” from US firm Synaptics allows users to choose how to authenticate based on personal preference or what is most convenient, such as choosing facial recognition when they are wearing gloves but fingerprint recognition at other times.

    Moscow Metro cuts ticket price for Apple Pay users

    January 5th, 2017

    Commuters paying with Apple Pay or a contactless bank card across the Moscow metro are receiving a 20% discount off the ticketing price, Russian publication Appsad reports. Apple Pay was introduced on the Moscow Central Ring rail line in December 2016, and passengers were given free travel every Monday throughout the month when choosing to pay using the mobile payment service.

    Asus unveils smartphone that supports AR and VR

    January 5th, 2017

    Asus has announced the first smartphone to support both Google’s Tango 3D augmented reality and Daydream virtual reality technologies. The ZenFone AR, announced at CES 2017, comes with three rear cameras to create a three-dimensional model of the phone’s surroundings and track its motion. Powered by a Qualcomm Snapdragon 821 processor, Asus suggests the phone could help users tackle home-improvement projects and play more by interacting with virtual objects.

    Singapore bank offers Apple Pay cashback reward

    January 4th, 2017

    Customers of Singapore bank POSB are being given S$8 (US$5.54) cashback when using Apple Pay to pay for purchases at major supermarkets, including NTUC Fairprice, Cold Storage, Giant and Sheng Siong. The offer is valid for POSB/DBS Mastercard cardmembers with a minimum spend of S$80 (US$55.51) per transaction. The offer will run until 11 February 2017 with cashback credited within 60 days following the end of the promotion period.

    Mobile wallet provider to launch payments bank

    January 4th, 2017

    Indian mobile payments provider Paytm has been granted permission from the Reserve Bank of India to formally launch a payments bank. “Our aim is to build a new business model in the banking industry, focussed on bringing financial services to hundreds of millions of unserved or underserved Indians,” the company says.

    Samsung Pay added to Galaxy A phones

    January 3rd, 2017

    Samsung has unveiled its latest mid-range Galaxy A series of smartphones, which all come equipped with support for Samsung Pay mobile payments. The Galaxy A series includes a 5.7-inch A7 and a 5.2-inch A5, which both include embedded secure elements, as well as a smaller 4.7-inch A3 device. The new smartphones will be available in Russia this month, with expansion to global markets to follow.

    State Bank of India blocks Paytm mobile wallet transfers

    January 3rd, 2017

    State Bank of India has stopped its customers from transferring money into Paytm mobile wallets, instead encouraging them to make use of its own State Bank Buddy service. The move was announced via Twitter in response to a customer complaint. The move follows the government’s withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes in India in November last year. Paytm processed 1bn transactions in 2016, the mobile payment provider reveals in a blog post.

    Google adds payments to Android Wear

    January 3rd, 2017

    Google will launch two flagship smartwatches that include support for Android Pay mobile payments in the first quarter of 2017, Jeff Chang, product manager for Android Wear at Google, has told The Verge. A Google Play Services v10.0 APK teardown revealed plans to add support for Android Pay to Android Wear 2.0 in November 2016.

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