Samsung Pay has expanded to four additional markets with official launches in Sweden and the United Arab Emirates (UAE) and early access launches in Hong Kong and Switzerland. The service has also been made available on Samsung’s Gear S3 smartwatch in Russia, Sweden and the UAE in addition to its availability on the Gear S3 in the US, Singapore and Australia. More
Significant confusion and a high level of fragmentation can be expected over the next five years as European financial institutions become accustomed to new regulations under the Payment Services Directive (PSD2) which will open the door to new competition within the European payment services market, says Nordea Bank’s vice president of strategic business development, transaction banking and business innovation. More
Samsung Pay has launched in beta across Sweden, the first Nordic country to see the mobile payment service rolled out, with support from debit and credit card providers Mastercard, Mastercard SAS, Visa, Eurocard, and banks Nordea and SEB... More
Nordic bank Nordea has launched the first version of its Open Banking/Open API portal, offering third-party developers the chance to collaborate with the bank as part of the requirements laid out by the European Payment Services Directive (PSD2)... More
The European Banking Authority (EBA) is to modify its proposed plan for “strong customer authentication” on all remote payments over €10 (US$10.50), which would have required customers to present additional authentication at checkout such as passwords and codes, or use a card reader... More
Senior executives from Starbucks, Pizza Hut, Barclaycard, Swatch and CaixaBank are among 12 leading payments innovators who have contributed to What’s New in Payments, a 104-page special report that is now available to download free of charge from the NFC World Knowledge Centre... More
Finnish consumers will be able to make P2P mobile payments using a mobile phone number from March 2017 through Siirto, a new platform unveiled by ATM operator Automatia — a company owned by three of the country’s banks including OP Bank Group, Nordea Bank and Danske Bank... More
Nordea Bank Denmark is ending its support for Swipp, the mobile payment joint venture it formed alongside other Danish banks in 2014, by deciding to “join a partnership” to develop Danske Bank’s MobilePay platform... More
More than 30,000 Danish merchants using Verifone POS devices will now be able to accept in-store mobile payments through Swipp — a service owned and supported by a consortium of more than 70 banks. This will be made possible via a “minor upgrade” to their existing terminals and “a number” of locations are expected to go live from December 2015, according to Swipp. More
Mobile network operator EMT has begun pilot testing an NFC mobile wallet in Estonia, in partnership with Danske Bank, Nordea Pank, SEB Pank and Swedbank as well as retail group Tallinna Kaubamaja... More
The mobile wallet offering from Sweden’s four network operators is to be called WyWallet and is due to launch in mid-2012, Lars Aase of Swedish mobile payments specialist Accumulate has told NFC World... More
Estonia’s leading banks have begun work on an NFC research project in conjunction with mobile network operator EMT, part of the TeliaSonera group... More
Interactive Research & Development’s medical system and VTT Technical Research Centre’s social networking concept picked up first place prizes in the NFC Forum’s Global Competition. More
The twenty companies on the shortlist for the titles of “The Best NFC Service of the Year” and “The Most Innovative NFC Research Project of the Year” have been revealed… More
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