News about HCE.
August 9th, 2016
Customers of Czech bank ČSOB can now make host card emulation (HCE) based mobile payments using its new NaNákupy mobile wallet. The app virtualizes Mastercard and Visa cards using technology supplied by payment processor SIA. “By the end of 2016, NaNákupy app users will have the possibility to pay on the internet, easily manage the settings of different credit cards and constantly monitor transactions made via mobile,” SIA says. “In addition, it will be possible to virtualize loyalty cards and store receipts, or share shopping lists on a smartphone.”
February 2nd, 2016
A 12-page guide to EMV and the business case for implementing an advanced EMV solution is now available to download from the NFC World+ Knowledge Centre. ‘EMV: The stepping stone to mobile’ has been produced by mobile payments specialist Proxama and examines the opportunities and benefits for card issuers who look past minimum compliance to a fully featured EMV solution.
November 12th, 2015
A 24-page white paper designed to give banks, processors, OEMs, retailers and other issuers a clear overview of the evolving world of mobile payments is now available to download from the NFC World Knowledge Centre.
November 3rd, 2015
French banking group Crédit Mutuel Arkéa is to begin offering its customers a host card emulation (HCE) mobile payments service. “The solution, provided by Airtag, includes a tokenization server, a wallet management server, a mobile payment application based on HCE technology and a crypto solution to safely store payment credentials on mobile phones,” Airtag says. A national rollout of the service is expected next year.
October 30th, 2015
The Royal Bank of Canada (RBC) has trebled its mobile wallet user base since moving from a SIM-based model to host card emulation (HCE) six weeks ago, the bank’s head of payments innovation has told…
Kona unveils customizable payment platform that supports cards, tokens, NFC, HCE and wearable devices
October 29th, 2015
PARTNER NEWS: South Korean smart card provider Kona has unveiled the Kona Payment platform, a customizable, end-to-end solution for card issuers that supports tokenization, physical cards, mobile payments via both HCE and SIM-based secure elements,…
October 27th, 2015
Citi has begun testing a screenless, cardless ATM concept developed by Diebold that lets customers make transactions using their mobile device instead of a plastic card and authenticate themselves using NFC, QR or an iris…
October 26th, 2015
Taiwan Mobile Payments Co (TWMP), the mobile payments TSM venture established in 2014 by three Taiwanese banking groups, has signed a deal with Mozido to provide its 27 member banks and financial institutions with a…
September 8th, 2015
Financial institution ING has acquired Belgian digital loyalty platform Qustomer for an undisclosed sum. “With Qustomer, users can collect and redeem loyalty points from shops and other retail outlets using a physical card with QR code technology or via the Qustomer application on their smartphone,” ING says. The bank said in June that it will launch an HCE mobile payments service in the Netherlands soon.
March 24th, 2015
PARTNER NEWS: Orders are up 75% year-on-year at HCE and tokenization specialist Bell ID, the company reports, “with 90% of all new orders and requests for proposals focusing on mobile solutions.” The growth in sales…
January 20th, 2015
December 4th, 2014
Seven in ten (71%) US IT operations, security, and electronic deployment professionals consider NFC to be essential or very important to their organization’s security, a survey by Ponemon Institute for HP Atalla has found, with…
December 3rd, 2014
Mobile phone and tablet users will be making 195bn mobile transactions a year by 2019, up from 72bn this year, Juniper Research forecasts. “Highest growth rates are expected in the NFC sector,” the company says, where “usage is expected to be buoyed by the launch of Apple Pay together with a host of anticipated deployments by banks using solutions based on HCE technology.”