News about Ecosystem.
April 5th, 2017
The global number of NFC SIM card shipments decreased in 2016 due in part to a “lower than anticipated” consumer uptake of SIM-based mobile payments and the impact of the closure of the Softcard mobile wallet in the US, the SIMalliance has revealed, despite reporting growth in NFC SIM shipments in key countries across Europe and the CIS regions, highlighting the demand in specific markets.
March 21st, 2017
A blockchain-based digital identity network that will let Canadians verify their identity to organisations of their choice and access services such as new bank accounts, driving licenses or utilities using a mobile app is now undergoing testing ahead of a planned launch later this year. The service is backed by a group of Canadian banks that includes BMO, CIBC, Desjardins, RBC, Scotiabank and TD.
February 28th, 2017
Over half a billion mobile money accounts have been registered in 92 countries, with 1.3bn transactions processed in December 2016 alone, research from GSMA reveals. In its sixth ‘State of the Industry Report on Mobile…
February 27th, 2017
PARTNER NEWS: Mahindra Comviva is making it possible for mobile money operators to increase user engagement with the addition of a new service that enables relevant offers and promotions to be delivered automatically to users’…
NXP reveals secure element and NFC solution that speeds transaction times, increases security and supports smaller form factors
February 27th, 2017
PARTNER NEWS: A new embedded secure element and NFC solution from NXP will make it possible for mobile transactions to be conducted at the same speed as contactless card transactions. It also enables biometric security,…
February 1st, 2017
GlobalPlatform has released a new framework that gives consumers control over which secure applications can be used within part of the secure element (SE) of their trusted devices, without compromising security for the SE as a whole.
July 25th, 2016
US consumers will soon be able to make NFC mobile payments using their PayPal mobile wallet at all physical locations across the country that currently accept Visa contactless transactions.
July 22nd, 2016
A 16-page white paper designed to help banks make informed decisions about bringing an Android-based mobile payments service to market is now available to download from the NFC World Knowledge Centre.
July 19th, 2016
Chinese internet giant Alibaba has unveiled a new “internet car” that will let drivers make mobile payments from their seat using affiliate company Ant Financial’s Alipay mobile payment platform.
July 19th, 2016
PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva has released an updated version of Mobiquity Wallet, a digital wallet platform that launched in March 2014 with support for QR codes, Bluetooth, NFC and host card emulation (HCE).
July 11th, 2016
French NFC trade association AFSCM has partnered with three major mobile network operators to roll out SIM-based NFC services in France. The association is working with Oberthur Technologies (OT) to build a common hub with Bouygues Telecom, Orange and SFR which will enable a “massive launch of NFC services” in the country.
July 7th, 2016
US supermarket giant Walmart has completed its nationwide rollout of Walmart Pay, making the service available in more than 4,600 stores across the country. The retailer has also recorded a 45% increase in Walmart Pay transactions in the last week.
July 6th, 2016
A 29-page white paper that explores the payment industry of Bangladesh and includes a detailed examination of its current systems, the evolution of alternative payment methods and the uptake of NFC, tokenization and EMV is now available to download from the NFC World+ Knowledge Centre.
June 10th, 2016
Samsung Pay is to begin rolling out across Singapore on June 16, making it the first country in Southeast Asia to get the mobile payment service. It will launch with support from American Express, MasterCard and Visa and major banks.
May 17th, 2016
South African consumers will soon be able to make payments using an NFC sticker on the back on their mobile phone via a service launched by mobile financial services provider MobiCash and mobile payments platform Boloro….
May 10th, 2016
Singapore mobile network operator Singtel has made NFC transport payments and top-ups available through its Singtel Dash mobile payments platform. Deals and rewards have also been added as well as overseas money transfers.
May 10th, 2016
PARTNER NEWS: Visitors to the 2016 Eurovision Song Contest (ESC) in Stockholm, Sweden, this month will be able to purchase contactless payment wristbands that will enable payments at any Visa contactless terminal in the world. The wristbands, which will be active until the end of October, will be rolled out by Visa and digital security giant Gemalto.
April 21st, 2016
Handset maker Micromax will soon begin offering its customers in India an NFC mobile payment service through a collaboration with Visa and payment solutions provider TranServ.
April 19th, 2016
Samsung Pay will soon support eligible credit and debit cards from TD Bank and Regions Bank, taking the total number of supporting banks and credit unions in the US to 130 — more than 75% of the country’s credit and debit card market. “Samsung Pay supports all major payment networks and many of the country’s major banks, and it continues to expand its partnership ecosystem,” Samsung says.
April 5th, 2016
Google is actively working towards launching Android Pay in Europe, director of emerging platforms Spencer Spinnell has revealed at Money20/20 Europe. “Europe is particularly exciting,” he explained, and an expansion of the service to the…