There are signs that global bank HSBC could be preparing to roll out host card emulation (HCE) based NFC payments on Android devices in the UK, after an NFC World reader spotted that the HSBC mobile banking app now shows as an option under the “Tap & pay” menu in Android’s settings... More
Mobile banking
Lloyds Bank to push customer rewards to mobile phones and smartwatches
Lloyds Bank is to start sending push notifications about special deals with selected retailers to customers’ smartwatches and smartphones... More
Bluetooth beacons to generate new revenue stream for mobile banking apps
2,500 US banks and credit unions will soon be able to add an “additional potential revenue source” by sending out branded, local offers to users of their mobile banking apps... More
Visa adds mobile location checking
Visa has launched Visa Mobile Location Confirmation, a service that works through a participating bank’s mobile banking app to determine whether a payment request is legitimate or not by matching a phone’s location to the location of a payment transaction... More
Cachet adds prepaid cards to Apple Pay
Prepaid card issuers using Cachet Financial Solutions’ Select Mobile Money white label platform can now offer their customers a way to charge Apple Pay transactions to their prepaid account balance, the company has announced... More
Descartes offers ear verification for mobile devices
Descartes Biometrics has unveiled Helix, an ear detection and recognition technology that uses a smartphone owner’s unique ear features to lock and unlock their mobile device... More
Bank of America reports on Apple Pay
Nearly 800,000 Bank of America customers have now enrolled to use Apple Pay and have added about 1.1m cards, the bank has revealed... More
Wintrust lets customers withdraw cash with their mobile phones
Wintrust Financial is updating its fleet of 190 ATMs in Chicago to enable its mobile banking customers to withdraw cash by requesting money on their smartphone then scanning an on-screen QR code when they get to the ATM. More
The future of mobile payments at CES: Video now available
The key to mass market adoption of mobile payments will be the creation of a compelling consumer experience that incorporates both payments and value added services, the Future of Mobile Payments session at the International CES 2015, chaired by NFC World’s Sarah Clark, has found. More
Nine Polish banks to launch HCE mobile payments
Nine Polish banks are to launch host card emulation (HCE) based mobile payments services using Visa’s cloud-based payment specifications “from early this year,” allowing their customers to make contactless payments using NFC-enabled Android smartphones... More
Emirates banks move towards mobile wallets
The UAE Banks Federation has announced the completion of the pre-implementation phase of a project to develop a mobile wallet platform that all its 51 member banks will be able to use to offer P2P, mobile payments and loyalty programs to their customers... More
Mobile payments platform Sixdots goes live with multiple banks in Belgium
Customers of nine banks representing 80% of the Belgian market can now make use of Sixdots, a mobile wallet service that uses a combination of QR codes and a six-digit PIN to make payments in stores, online and between friends... More
TD Bank partners with Moven
Toronto-Dominion Bank is expected to announce a partnership with New York based banking app maker Moven to help its customers use their smartphones to keep track of every purchase they make, The Globe and Mail reports... More
Scotiabank adds smartwatch app
Canada’s Scotiabank has launched a Quick Balance app for the Samsung Gear 2 and Samsung Gear S smartwatches that lets customers check their account balance with a swipe of the screen... More
Optus launches NFC payments in Australia
Australian carrier Optus has teamed up with Visa and Heritage Bank to launch an NFC mobile payment service that lets customers load up to A$500 into a prepaid account and then make payments at any Visa contactless POS terminal... More
Korean banks partner with messaging giant for mobile banking service
Korean internet and messaging giant Daum Kakao has launched BankWalletKakao, a mobile wallet service provided in partnership with 16 Korean banks and Korea Financial Telecommunications and Clearing Institute (KFTC)... More
Costa Rican bank adds face biometrics to mobile app
Costa Rican bank Grupo Mutual has worked with biometric technology provider FacePhi to build face recognition into its mobile banking app... More
MCX CEO confirms plans to include bank cards in CurrentC wallet
MCX CEO Dekkers Davidson has outlined more of the consortium’s plans for its CurrentC mobile wallet in a keynote presentation at the Money2020 event in Las Vegas, confirming that banks will be able to add open loop payment cards to the service when it goes live in 2015... More
Nationwide adds wearable banking
Customers of the UK’s Nationwide bank can now see their account balance in real time on an Android Wear smartwatch... More
SIA offers Europeans instant P2P payments with Jiffy
Payment processor SIA has launched a peer-to-peer payments service that lets users send and receive money in real-time with their smartphone... More