A project enabling mobile money transfers to take place at the point of sale in areas of less-developed countries with poor or no mobile network coverage has been unveiled, by removing the reliance on SMS messaging, and, instead, allowing two people to conduct a payment by copying short authentication codes between their phones... More
Authentication
InComm to pilot dynamic CVV codes
Prepaid card provider InComm is to pilot a real-time authentication solution that will allow its cardholders to complete transactions using dynamic CVV codes that replace the static CVV codes printed on the back of cards... More
UK bank to extend trial of behavioural biometrics security
UK bank Natwest has trialled a behavioural biometrics system designed to offer continuous authentication throughout an online banking session, using more than 500 behaviour patterns to identify users and prevent fraud from unauthorised logins and automated attacks... More
Visa and BioConnect work to enable multiple biometrics on mobile apps
Visa is working with biometric identity platform provider BioConnect to enable multiple methods of biometric authentication through a single mobile app... More
Fashion brand adds NFC and blockchain for authentic personal clothing
Fashion brand Babyghost has partnered with Chinese blockchain-as-a-service company BitSE and its VeChain project to deliver a range of clothes incorporating NFC tags and verified using blockchain technology... More
Citi launches global API Developer Hub
Citi has launched a global API Developer Hub to give developers access to APIs across eight usage categories including account management, peer-to-peer payments, money transfer to institutions, Citi rewards, investment purchases and account authorisation... More
Students develop SMS biometric authentication app
Four students from India’s Birla Institute of Technology and Science have developed an SMS-based biometric authentication system for use in rural areas with poor internet connection... More
UK government to invest in Fido authentication
The UK government is to invest in Fido authentication as part of its £1.9bn (US$2.3bn), five-year UK National Cyber Security Strategy, aimed at defending its online systems and infrastructure... More
Visas, passports and government ID secured using hybrid NFC and hologram tags
Government-issued documents such as visas and passports could be secured using a combination of NFC and hologram technology, following the announcement of a partnership between printed electronics specialist Thinfilm and authentication solutions provider Holoptica... More
Spanish bank offers ‘selfie’ service to open account
BBVA bank is offering new customers in Spain the chance to open an account with them using their mobile phone, with identity verified using face recognition and video calls... More
PKO Bank Polski customers get Trusted Profiles to access government services using banking ID
Some 35,000 customers of Polish bank PKO Bank Polski have created Trusted Profiles which allow them to log in to government services, file an application for an ID card or driving licence, obtain a criminal record certificate and sign documents electronically using only their banking IDs... More
European millennials demand higher standards for mobile payments services
One fifth of German millennials (21%), more than a third of Dutch millennials (36%) and Italian millennials (37%) and a quarter of UK millennials (25%) are now making mobile payments in-store, online and in-app, research released by UK payments infrastructure operator VocaLink reveals... More
Italian olive oil brands integrate NFC for authentication and engagement
Italian olive oil brands Buonamici, La Ranocchiaia, SPO and Il Cavallino are integrating NFC tags into their product lines to enable authentication and enhance consumer engagement, by delivering product information and other relevant content to customers’ smartphones... More
Toyota to pilot BLE car-sharing device to unlock doors with mobile app
Drivers may soon be able to lock and unlock car doors and start vehicle engines using their smartphone and a Smart Key Box (SKB) unveiled by Toyota that uses Bluetooth Low Energy (BLE)... More
Smartphone users rate security most important app attribute, survey finds
PARTNER NEWS: More than two thirds of smartphone owners use mobile banking apps, while nearly 80% consider security and reliability the most important attributes of a paid app, says a survey by Gemalto which is now available to download from the NFC World Knowledge Centre... More
Bell ID’s TSP to help Japan Apple Pay integration
PARTNER NEWS: Rambus Bell ID’s token service provider (TSP) service is being used by IBM Japan to support Japanese banks’ integration with Apple Pay, which went live in the country this week... More
EMVCo adds biometrics to 3-D Secure
An update to the EMV 3-D Secure specification means both biometrics and one-time passcodes can now be used to add security to card-not-present transactions... More
EMVCo and Fido to deliver biometric authentication standards for mobile payments
Fido Alliance is working with EMVCo to provide a new authentication standard for mobile wallet and payments developers, allowing consumers to use certified, on-device biometric verification when making in-store or in-app purchases... More
Mastercard adds online Masterpass payments to Android Pay, Samsung Pay and Microsoft Wallet
Mastercard has signed deals with Google, Samsung and Microsoft to allow its customers that use Android Pay, Samsung Pay or Microsoft Wallet to shop online wherever Masterpass is accepted, while Google has announced a similar deal with Visa to offer the same functionality to Android Pay users via Visa Checkout... More
Blockchain authentication for mobile transactions
South Korea’s KB Kookmin Card is working with Bitcoin exchange service startup Coinplug to release a blockchain-based personal authentication service for mobile transactions next month, Pulse reports... More