Samsung’s NFC smart suit to hit IFA 2015 catwalk

Samsung C&T Fashion Group Smart Suit

Samsung’s fashion division is to showcase a smart suit equipped with an NFC chip in its sleeve at IFA 2015 in Berlin, Germany. The item from Samsung C&T Fashion Group will be one of four on show over the next week as the company unveils its platform brand for wearables which aims to integrate fashion design and technology. More



Five hundred banks sign up for Apple Pay

Apple's Tim Cook

Apple customers in the US will be able to use their iPhone 6 or iPhone 6 Plus to make Apple Pay mobile payments from Monday 20 October, CEO Tim Cook has announced, and 500 banks have now signed up to offer the service to their customers... More


How Apple will generate revenues from mobile payments begins to become clear

Apple Watch

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 security to Apple Pay transactions, it is now becoming clear — giving Apple the ability to negotiate special deals with card issuers that will generate new revenues for the Cupertino company... More


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