Over 20 financial institutions in the US, Europe add support for Apple Pay

Over 20 financial institutions in the US, Europe add support for Apple Pay — Apple Insider — “Apple added another 22 banks and credit unions to its roster of Apple Pay-supporting institutions in the United States, with the new additions to the collection joined by a number of European institutions… The latest batch of institutions to join the Apple Pay support page are, like the last update, made up of regional banks and credit unions.”




Mastercard tests biometric payments card in South Africa

Employees at Pick n Pay supermarket stores and Absa Bank staff across South Africa have been trialling a biometric card developed by Mastercard that lets them make a payment at any EMV terminal and authenticate the transaction by placing their finger on the embedded sensor. Additional trials are planned over the next few months, with a full roll out expected “later this year”. More


Low uptake of SIM-based mobile payments leads to decrease in NFC SIM shipments in 2016

SIMalliance

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. More


Samsung reveals S8 with multi-biometrics, Samsung Pay reaches quarter of a billion transactions and adds online payments

Samsung Galaxy S8

Samsung has unveiled its latest Galaxy S8 and S8 Plus flagship devices, with support for iris and facial recognition technology and a fingerprint sensor which is now located on the back of the phone. Samsung Pass deals with major banks, an expansion of Samsung Pay to include online payments and details of its Bixby virtual assistant have also been announced. More
















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