What's New in Payments

Forecast: One in two payment cards shipped in 2018 will be contactless

Contactless payment cards forecast to account for over 50% of all cards delivered globally in 2018 — ABI Research — “Contactless payment card issuance is set to hit 1.5bn units in 2018, accounting for over 50% of all payment card shipments delivered globally… Breaking the 50% barrier marks a significant milestone in contactless card migration, where market momentum is expected to continue due to next-generation migration opportunities, most notably in the US, India, South East Asia, and Latin America. These opportunities are helping to push contactless card issuance volumes toward 2.3bn annually by 2022.”


NFC World

NXP unveils high security NFC tags that let brands deliver digitally connected products at scale

A brochure explaining the NTAG 424 DNA's features, benefits and suggested applications is now available in the NFC World Knowledge Centre

PARTNER NEWS: NXP has launched two new NFC tags that incorporate both product protection and channel authentication security features, enabling brands to take advantage of the tag reading capabilities of both Android and iOS devices to roll out NFC-based customer communication and product authentication services at scale... More


What's New in Payments

ABI: 160m cards with embedded fingerprint sensors to be shipped by 2022

Biometric payment cards to boost banking industry security — ABI Research — “Fingerprint embedded payment cards will enjoy an impressive growth over the next years reaching 160 million shipments by 2022 with a five-year CAGR standing at approximately 400%. While the Middle East, Africa and North America will be among the first regions geographically in which higher shipments are expected during 2018, forecasts indicate that Europe and Asia Pacific will have a larger penetration rate over the coming years.”



NFC World

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