Commercial Bank of Dubai (CBD) has launched a virtual bank branch for Facebook, letting its online banking customers check balances, pay credit card bills, transfer money between accounts and track expenses from within the social network... More
Mobile banking
Five hundred banks sign up for Apple Pay
Apple customers in the US will be able to use their iPhone 6 or iPhone 6 Plus to make Apple Pay mobile payments from Monday 20 October, CEO Tim Cook has announced, and 500 banks have now signed up to offer the service to their customers... More
CaixaBank rolls out contactless wristbands across Spain
Spain’s CaixaBank is making contactless wristbands available to customers at all of its branches, enabling customers to make payments at any of the more than 300,000 contactless terminals in Spain by simply touching the band to a merchant’s POS device... More
New Zealand banks and carriers to begin Semble NFC wallet rollout in November
TSM NZ, the NFC payments joint venture between New Zealand’s carriers and the Paymark payments network, has announced a new brand name, a November date for its first trials — and a marketing partnership with Samsung... More
Major UK merchants sign up for Zapp mobile payments
Zapp, the mobile payments startup formed by UK payments infrastructure operator VocaLink, has announced that major retail chains including Sainsbury’s, Asda, House of Fraser, Thomas Cook, Shop Direct, Spar and Clarks are to use its service to let customers make payments with their mobile phones... More
Bill Gates talks Apple Pay, NFC, Bitcoin and mobile money
“Apple Pay is a great example of how a cell phone that identifies its user in a pretty strong way lets you make a transaction that should be very, very inexpensive,” Microsoft founder Bill Gates has told Bloomberg TV... More
RBC expands cloud-based NFC wallet to BlackBerry and Virgin
Royal Bank of Canada’s cloud-based NFC wallet is now available to Virgin Mobile subscribers and to customers with a BlackBerry Z10 or Z30 mobile phone, the bank has announced... More
NFC technology report available for free download
NFC Technologies and Systems, a 98-page report that explains in detail the technology behind NFC tag reading and writing, the role and functionality of trusted service managers (TSMs), how secure elements work and how they keep sensitive data secure is now available as a free download in the NFC World+ Knowledge Centre... More
Apple Pay to get 0.15% transaction fee
The kickback from card issuers negotiated by Apple for purchases made via its new Apple Pay mobile payments service amounts to 0.15% of the value of each transaction, the Financial Times reports... More
How Apple will generate revenues from mobile payments begins to become clear
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 security to Apple Pay transactions, it is now becoming clear — giving Apple the ability to negotiate special deals with card issuers that will generate new revenues for the Cupertino company... More
MasterCard launches MDES token platform for mobile payments
MasterCard has announced US availability of a token platform that enables card issuers to store tokenized versions of their customers’ card details on Apple’s new NFC devices as well as NFC phones and tablets from a range of other manufacturers... More
iPhone, NFC and Apple Pay: How should banks react?
PARTNER VIEWS: The launch of Apple Pay “is good news for US iPhone users who want to ‘tap to pay’,” Martin Cox, global head of sales at Bell ID, writes in a blog post... More
Visa launches token service to support Apple Pay and more
Visa Token Service, the payment network’s new platform that enables card account numbers to be replaced with digital tokens that ensure the cardholder’s actual card number is never shared with merchants, is now live and will be used to enable Visa cardholders to make use of Apple’s new NFC mobile payments service... More
Transcript: Apple CEO Tim Cook and SVP Eddy Cue introduce Apple Pay mobile payments and NFC
“It’s all about the wallet,” Apple CEO Tim Cook explained during the unveiling of Apple Pay mobile payments and the iPhone 6, iPhone 6 Plus and Apple Watch with NFC on 9 September... More
Barclays to provide corporate customers with finger vein biometric devices
Barclays is to provide its UK corporate banking customers with finger vein biometric authentication devices that will let them “easily access their online bank accounts and authorise payments within seconds, without the need for PIN, passwords or authentication codes.”... More
Apple cuts deals with card issuers?
Apple will be getting special rates from five US card issuers on mobile payments made by its device users, according to well-connected payments advisor Tom Noyes, and customers will use a combination of Bluetooth Low Energy (BLE), NFC and Touch ID to make payments in stores... More
NFC Business Models report available for free download
NFC Business Models, NFC World’s landmark 2011 research report on strategies for monetising NFC, is now available as a free download in the NFC World+ Knowledge Centre... More
Desjardins launches NFC payments in Canada
An NFC mobile payments service is now available to customers of Quebec-based financial institution Desjardins Group... More
BBVA reports 250,000 mobile wallet users
Spain-based banking group BBVA has signed up 250,000 customers for its BBVA Wallet service and is to expand availability to the US, Mexico and Chile this year... More
Barclays calls time on Quick Tap NFC payments
UK bank Barclays is to close its pioneering NFC payments service on 30 October... More