PARTNER NEWS: ATM manufacturer Diebold has teamed up with HCE specialist SimplyTapp to offer banks a way to use their ATM network to add a layer of card present security to their mobile wallet provisioning process... More
PARTNER NEWS: Digital security giant Gemalto has launched Dynamic Code Verification, a payment security solution that replaces traditional, static three-digit security codes with a time-based dynamic CVV/CVC that changes every 20 minutes and can be displayed on a customer’s mobile device or a display-enabled payment card... More
ATM manufacturer Wincor Nixdorf is launching an ATM that will allow customers to withdraw cash using an NFC smartphone or contactless card, or by scanning a QR code... More
Japanese credit card scheme JCB is to pilot the use of Fujitsu’s palm vein authentication technology for payments at this month’s JCB World Conference, enabling those attending to make purchases using only their hand. Additional trials in “global markets” are expected to follow. More
The global vein recognition biometrics market in the banking, financial services and insurance (BFSI) sector is set to grow at a compound annual growth rate (CAGR) of 27.83% from 2014-2019, research firm Technavio predicts... More
South Africa’s Absa Bank is to be the first to develop a proof of concept trial of a new Visa specification that will enable the use of biometrics to verify EMV chip card transactions... More
Almost one fifth (18%) of the 720m Visa-branded credit, debit and prepaid cards in the US included an EMV chip and some 295,000 merchant locations were enabled for chip card acceptance as of July 2015, up 19% from 247,000 at the end of June 2015, Visa has told NFC World... More
South Korea’s Woori Bank has begun accepting Samsung Pay... More
Spain’s CaixaBank has broadened its range of mobile payment services with the launch of CaixaBank Pay, a new app based on host card emulation (HCE) that allows users to make online and in-store payments at any contactless terminal... More
Customers of Moldova’s Moldindconbank can now transfer funds from their accounts to individuals using ATMs equipped with OpenWay’s Way4 Cash by Code technology... More
Employees of Taiwan’s CTBC Bank have begun piloting an ATM that uses both a finger vein scanning solution from Hitachi and facial recognition technology to authenticate transactions... More
China UnionPay has invested an undisclosed sum in Jetco, the largest ATM network operator in Hong Kong and Macau... More
Mobile location and proximity services provider Gimbal has begun licensing its Bluetooth Low Energy (BLE) beacon firmware to enable almost any device with BLE to act as a beacon — including ATMs, jukeboxes, access points, vending machines and more... More
Researchers at China’s Tsinghua University and technology company Tzekwan have unveiled an ATM with inbuilt facial recognition features... More
Spanish bank BBVA has updated its BBVA Wallet app, allowing customers to use their mobile phone to limit plastic cards for ecommerce or ATM withdrawals, as well as turning cards ‘on’ and ‘off’ at any time... More
The global biometrics market will increase from US$2bn in 2015 to $14.9bn by 2024, with cumulative revenue for the 10-year period reaching $67.8bn, market intelligence firm Tractica forecasts... More
“What Paydiant has is a clarity of focus on mobile and how large merchants need to utilise mobile to connect with their customers — they’re a small company doing that very successfully with some really cool brands,” Anuj Nayar, senior director of global initiatives at PayPal, has told NFC World as the payment giant prepares to complete its acquisition of the payments platform provider for a reported US$280m... More
MFS, a joint venture between Telefonica-owned carrier Vivo and MasterCard, has expanded its Vivo Zuum mobile payment service to São Paulo, the biggest city in Brazil... More
More than six in ten (61%) US ATM operators expect “the vast majority” of their network will be capable of handling EMV transactions by the end of 2016, the ATM Industry Association has revealed... More
Taiwan Mobile Payment Co (TWMP), the consortium of regional banks bringing NFC payments to market in Taiwan, is to use Oti Wave, the NFC payment dongle developed by On Track Innovations... More