News about California.
December 5th, 2016
Devices such as smartwatches could be powered by little more than the heat of the wearer’s body, if the promise of a California-based startup is delivered, EE Times reports. Matrix Industries has developed the prototype PowerWatch, which it says will not require a battery, as it can draw all of its operating power from a small thermoelectric unit made from a silicon nanomesh that generates electricity from body heat. The company also aims to discuss use applications in the medical and IoT markets.
November 30th, 2016
In-store mobile payments accounted for 0.6% of transactions made on Black Friday in the US, research released by payment technologies provider Cayan reveals. California recorded the highest use of mobile payments with 1%, while Wyoming recorded the lowest with 0.05%. EMV cards represented 55% of all Black Friday transactions, while magnetic stripe cards took a 34% share.
October 25th, 2016
Chinese mobile payments giant Alipay is targeting 2bn users globally in the next decade, the company’s Douglas Feagin has revealed at Money20/20 in Las Vegas. “Our goal is to expand our business from 450m users in China to over 2bn worldwide over the next decade,” Feagin says. “We want to achieve over one million merchants outside of China over the next several years.” Alipay is expanding its presence in US and European retail stores via a deal with POS maker Verifone. A similar deal with First Data has also been unveiled, allowing Chinese consumers to shop at select locations in California and New York from next month.
July 1st, 2016
US supermarket chain Walmart has rolled out its Walmart Pay mobile payment service to stores in another 14 US states, including California, New York, Pennsylvania, Idaho and New Mexico as well as states across New England and the Pacific North West. The QR code-based service launched in Arkansas and Texas last month and went live in a further 20 states last week.
July 16th, 2015
Oil company Chevron is testing NFC mobile payments, including Apple Pay, for direct fuel pump sales at a service station in San Ramon, California. The pilot is expected to expand to Cupertino “soon”, Chevron adds.
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…
July 30th, 2013
Coupon publisher News America Marketing (NAM) is making NFC at-shelf promotions available to the majority of its 52,000 member retail network in the US, in partnership with NFC specialist Thinaire. The new SmartSource with NFC…
June 19th, 2013
Sporting goods giant Adidas is adding a “lace jewel” with an embedded NFC chip to its Boost running shoes, enabling shoppers with an NFC phone to tap it for detailed product information and to see…