A second version of Google Glass is in the works and will be “released soon”, according to the CEO of Italian eyewear maker Luxottica... More
Tech firms do “better job” than banks, say 24% of young Brits
More than a fifth (24%) of Britons aged between 18 and 34 believe companies such as Google, Apple and Amazon would do a “better job” of providing financial products and services than banks, with 8% now choosing their bank depending on the type of mobile service it offers, research from price comparison site uSwitch reveals... More
Visa signs up 2,300 financial institutions for Visa Token Service
More than 2,300 financial institutions and banking partners have now signed up for Visa’s tokenization service with international expansion set to happen “in the fall”, Visa has revealed during a third quarter earnings call... More
Purchases on Google test confirmed
Google has confirmed it is testing a Purchases on Google service with a “limited number of retailers”, following rumours of the company’s plans in May... More
US shoppers eye mobile wallet availability
More than half of US shoppers (54%) would use a mobile wallet if it were accepted everywhere and 20% would stop carrying traditional wallets if mobile payments were accepted everywhere, research from Blackhawk Engagement Solutions reveals... More
Google introduces Eddystone, a new open format for BLE beacons
Google has introduced an open format for Bluetooth Low Energy (BLE) beacons that is designed to address the shortcomings of existing beacon services and is compatible with both Android and iOS devices. More
Google files item pairing patent
A new Google patent details a system to allow the pairing of items such as keys or a wallet with a mobile device to alert a person when they are about to leave the house without one of the items... More
Google to acquire Tesco’s Clubcard division?
Google is reported to be considering acquiring the Tesco-owned loyalty agency that is responsible for the development of the supermarket giant’s Clubcard rewards scheme... More
Twin Peaks offers mobile payments with MyCheck
US sports bar chain Twin Peaks will offer mobile payments through an integration with MyCheck at its locations in August... More
Almost one in six US consumers are using mobile wallets
Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% are likely to adopt mobile wallet functionality in the coming six months, a study released by market research and consulting firm Chadwick Martin Bailey has found... More
Google files contact lens authentication patent
Google has filed a patent with the US Patent and Trademark Office that describes a contact lens which collects reflected light through sensors to assemble an image of the iris that is then matched against a stored image to authenticate the wearer... More
Google misses out on transaction fee revenues
Google won’t earn any transaction fees from credit card issuers for Android Pay, unlike Apple which receives 0.15% of the value of each credit card transaction made with Apple Pay, sources have told The Wall Street Journal.“That is because Visa and MasterCard recently standardised their tokenization card-security service and made it free, preventing payments services from charging fees to issuers,” the newspaper reports... More
Kantar: 13% of US iPhone 6 owners have used Apple Pay
Some 13% of iPhone 6 and 6 Plus owners in the US have used Apple Pay and 11% are planning to do so, a survey conducted by Kantar Worldpanel has revealed... More
Apple Pay added to 12 banks
Apple has added a further 12 US banks and credit unions to its list of participating financial institutions... More
Samsung mobile commerce boss talks Samsung Pay, Android Pay and launch delay
Samsung Pay is to launch in Korea and the US in September 2015, later than originally planned, and then roll out to Europe, China, Australia and South America, executive vice president of mobile commerce Dr Injong Rhee has revealed at the Samsung Electronics 2015 Investors Forum... More
Google demonstrates how Android Pay will work
Google has demonstrated how its Android Pay mobile payments service will work for making in-store and in-app purchases, for payments made through a banking partner mobile app, and how users will be able to pay for items such as a Coca-Cola from a vending machine using just the points stored in a customer loyalty account. More
RBC unveils Android M mobile wallet app
Royal Bank of Canada (RBC) has developed an app for the Android M Developer Preview that will be used as part of the bank’s RBC Wallet service to let users authenticate themselves using their fingerprint for signing in and making mobile payments... More
Google’s Project Soli to bring hand controls to wearables
Google is working to create next-generation, hand-gesture technology that would enable rich interactions with smart devices regardless of screen size to “drive applications across wearable, home automation, automotive, industrial and medical markets”... More
Google unveils Project Brillo
Google has unveiled Project Brillo, a development platform for the Internet of Things that will connect devices through a communication layer called Weave which “provides seamless and secure communication between devices both locally and through the cloud,” Google explains... More
Google’s Project Vault microSD features NFC for storing sensitive data
Google has unveiled Project Vault, a hardware and software isolated environment in the form of a microSD card that stores the user’s sensitive data and comes equipped with NFC for authorisation... More