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    Archive: News in brief

    White paper explores digital transformation in banking

    December 21st, 2016

    A 21-page white paper examining the digital banking market is available to download from the NFC World Knowledge Centre. ‘The Formula — Digital Transformation in Banking White Paper 2016’ has been produced and sponsored by Gemalto in association with Juniper Research, and sets out a series of recommendations for traditional, digital- and mobile-only banks on how to succeed in the changing global banking industry. The white paper has been approved by the NFC World editorial team.

    Malaysia bank launches HCE mobile payments

    December 21st, 2016

    Customers of Malaysia’s CIMB Bank can make host card emulation (HCE) mobile payments using CIMB Pay — a new service that supports Mastercard and Visa credit and debit cards. “It is also a comprehensive lifestyle app where you can search, discover and receive the latest, nearest and attractive deals that CIMB cards have to offer,” the bank says.

    Apple Pay adds Chinese and US banks

    December 21st, 2016

    Apple has added 14 banks and credit unions to its list of financial institutions in China supporting Apple Pay, and a further 30 in the US. With the additions “Apple currently lists a total of 58 banks and credit unions in mainland China offering the service to customers,” 9to5mac reports.

    Domino’s offers pizza orders with Google Home

    December 20th, 2016

    Domino’s Pizza customers can now order pizza through Google Home, the voice-activated home assistant unveiled by Google in October 2016. “The customer can order their saved Easy Order or recent order,” the fast food chain says, “and can also ask Google to track their order progress with Domino’s Tracker.” The company allowed customers to speak orders into Amazon’s Echo device in February 2016 and enabled Facebook Messenger ordering in September.

    Contactless ticketing for Bucharest subway

    December 20th, 2016

    Romanian bank BCR is installing a contactless ticketing system across the Bucharest subway, in partnership with transport operator Metrorex, Mastercard and Visa. “BCR has developed an integrated solution that enables any contactless bank card, issued anywhere in the world, to pay for a journey,” BCR says. The service is being installed in all metro stations in the capital, with 164 access gates completed before the end of 2016.

    Contactless ticket trial for Sydney public transport

    December 20th, 2016

    Cubic Transportation Systems says it is working with Transport for New South Wales to trial contactless ticketing across Sydney’s public transport network in 2017, allowing “commuters of participating payment schemes to tap their contactless bank card on Opal readers to pay for travel”. The trial follows Cubic’s licensing agreement with Transport for London in July 2016 to take the network’s contactless ticketing system to other major cities.

    Free insurance offer for mobile wallet

    December 20th, 2016

    Indian consumers using the FreeCharge mobile wallet will have their wallet balance of up to Rs 20,000 (US$293) insured free of charge, Economic Times reports, as long as they are making transactions using the service at least once a month, through a partnership with Reliance General Insurance. Customers need to report a phone loss or theft to police and to FreeCharge by phone or email.

    Amazon India launches online wallet

    December 20th, 2016

    Indian shoppers on Amazon India can now store funds and complete online purchases in a new feature called Amazon Pay Balance, Live Mint reports. “Amazon Pay Balance can be credited with money using internet banking and credit or debit card, and used for multiple payments for purchases from the ecommerce portal,” it says. The feature “will also enable faster refunds” to Amazon Pay Balance rather than to the user’s bank account or credit card.

    Apple Pay offer for Moscow rail passengers

    December 20th, 2016

    Passengers using the Moscow Central Ring rail line can now pay for journeys using Apple Pay at ticket offices, ticket machines and through turnstiles. Free travel is offered for users of the mobile payments service every Monday throughout December 2016. “I’m sure that thanks to Apple Pay the number of passengers using innovative payment services will increase significantly,” says deputy mayor Maxim Liksutov. Apple Pay launched in Russia in October 2016, supported by Mastercard and Sberbank.

    Microsoft previews online payments API

    December 19th, 2016

    Microsoft has unveiled a preview implementation of the Payment Request API in Microsoft Edge that will enable online payments on Windows 10 through Microsoft Wallet. “You can begin to develop for the Payment Request API today in Microsoft Edge on preview builds, starting with Windows Insider Preview build 14986,” Microsoft writes in a blog post. “The Microsoft Wallet user experience allowing for end-to-end testing will be available in an upcoming Insider build soon.”

    Samsung Pay prepares for India launch

    December 19th, 2016

    Samsung Pay is testing its mobile payment service in India, and could be launched there in the first half of 2017, SamMobile reports. “Since India does not have many NFC-equipped point-of-sale devices, Samsung Pay’s MST (magnetic secure transmission) functionality would be a boon to users,” the publication adds. The move follows the withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes across the country in November 2016.

    62% of US consumers own IoT device

    December 16th, 2016

    A study by the Interactive Advertising Bureau (IAB) shows nearly two-thirds (62%) of American consumers own at least one Internet of Things (IoT) connected device, while 65% of them say they are willing to receive ads on IoT screens. The Internet of Things study found most popularly owned IoT devices are connected/smart TVs and streaming devices (47%), followed by wearable health trackers (24%) and internet-enabled home control devices (17%).

    Las Vegas hotel to install Amazon Echo in every room

    December 16th, 2016

    Luxury hotel and casino Wynn Las Vegas will install Amazon’s Echo in all its 4,748 rooms by summer 2017. Guests will initially be able to control room lights, temperature, drapery and the television by talking to Alexa, the virtual assistant on the Echo device. As the project evolves, future features such as personal assistant functions will be introduced, the hotel says.

    Paypal partners with US bank and fintech provider

    December 16th, 2016

    Paypal has announced new partnerships with US bank Citi and financial technology services provider Fidelity National Information Services (FIS). The deal with Citi will see Citi cardholders able to use their card through PayPal at the point of sale, where Visa or Mastercard contactless payments are accepted. PayPal adds working with FIS would allow them to “provide a more seamless way for their thousands of bank issuers to drive more digital spend with their customers through PayPal accounts”.

    More US firms offer Apple Pay

    December 16th, 2016

    US airline United Airlines, domain name provider GoDaddy and donation platform Causemo are among the latest businesses offering Apple Pay, Apple Insider reports. United is supporting Apple Pay in its iOS app, GoDaddy is offering Apple Pay to merchants operating online stores, while Causemo is activating web-based Apple Pay. Some 35% of US retailers now support Apple Pay, its chief Jennifer Bailey has revealed.

    Ukraine bank offers HCE mobile payments

    December 16th, 2016

    Customers of Ukraine’s PrivatBank can now make host card emulation (HCE) based mobile payments with their Visa cards, using a new service based on the Visa Token Service (VTS) platform. “To try the new service, Visa cardholders need to use NFC-enabled mobile devices that run on the Android operating system (version 4.4 or later),” Visa says. The launch of the service marks the first introduction of VTS in Ukraine.

    Samsung Pay to come with most Samsung smartphones

    December 15th, 2016

    All Samsung smartphones except for a handful of low-end models will come with Samsung Pay preinstalled from the start of 2017, an official from the company has told Business Korea. The mobile payments service launched in 2015 and was available initially only on Galaxy S6, S6 Edge, S6 Edge+ and Note 5 models. It is preparing to launch the Samsung Pay Mini app in January 2017, which will be available on all Android handsets but has been blocked by Apple from appearing on its app store.

    Wirecard adds backing to Pay by Bank

    December 15th, 2016

    German payments technology provider Wirecard has become the latest to announce its support for Pay by Bank, the mobile payments app developed by VocaLink’s Zapp. “Wirecard will bring the power of Pay by Bank app to its mobile payment solution Boon,” Wirecard says, adding it “will incorporate the Pay by Bank app into its UK online merchant acquiring suite of alternative payment options.” UK bank Barclays will be the first to make Pay by Bank available to consumers following beta tests.

    Mastercard and Visa sign tokenization agreement

    December 15th, 2016

    Mastercard and Visa have signed a tokenization agreement that will allow Mastercard to request tokenized Visa credentials from Visa for provisioning into Masterpass and Visa to request tokenized Mastercard payment credentials from Mastercard for provisioning into Visa Checkout. The agreement will “accelerate the adoption of tokens” across both digital payment platforms, says Mastercard’s James Anderson.

    Resellers expect strong IoT revenue growth

    December 15th, 2016

    A survey from data management company Dell EMC has found 60% of resellers expect revenue from Internet of Things (IoT) devices to rise 30% in 2016, Computer Weekly reports. “Resellers are increasingly reporting IoT as an opportunity for extensive business growth and expansion,” says Sarah Shields from Dell EMC UK. The findings come after Juniper Research reported the number of connected IoT devices and sensors will reach more than 46bn by the year 2021.

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