News about Bank Innovation.
October 1st, 2014
September 11th, 2014
An innovative biosensor security function built into the Apple Watch and the Touch ID fingerprint sensor in the iPhone 6 and iPhone 6 Plus will work in combination with NFC and tokenization to provide additional…
September 9th, 2014
Apple is to pilot a merchant partnership program that “may be related to Apple launching a loyalty/rewards program”, Bank Innovation reports, citing “multiple sources with knowledge of the program”. While retailers will be part of the program, the report adds, “it may extend to other types of companies as well” with hotel chain Intercontinental Hotels Group believed to be among those involved in talks with Apple on the plan.
September 8th, 2014
“Apple will be utilizing near field communication (NFC) technology and tokenization technology in the new iPhone 6 and iWatch as a part of its payments initiative,” reports Bank Innovation, citing “sources close to Apple and with knowledge of Apple’s plans for its new smartphone”. Bloomingdale’s may also be a launch partner for the service, the report adds.
September 3rd, 2014
Upmarket US retailer Nordstrom is in talks to partner with Apple on its new mobile payments service, Bank Innovation reports. “Apple was looking for a clothing brand with a large physical reach to join its to-be-launched payments platform,” a source told the publication.