Spain’s CaixaBank has signed a €500million agreement with Fujitsu for the delivery of a new network of 8,500 ATMs equipped with contactless readers “capable of scanning cards, mobile phones and wearables”... More
Mobile banking
Square lets consumers send cash by text
Payments startup Square has expanded its Square Cash service, which lets US consumers send money to a contact via email, to include support for sending funds via an SMS text message... More
Citi launches digital wallet
Financial services giant Citi has launched a digital wallet that uses MasterCard’s MasterPass technology to let US credit card holders “more quickly and conveniently make purchases at thousands of online merchants”... More
St George adds fingerprint security to mobile banking app
Customers of Australia’s St George Bank will be able to use the Touch ID fingerprint verification technology built into the iPhone 5S to log into mobile banking when iOS8 launches in September... More
Invitation to contribute to the NFC World+ Knowledge Centre
NFC World+ is introducing a new service in September 2014 that will go beyond the news to provide our readers with in-depth information on the technologies driving the future of commerce. Initial expressions of interest are now invited from readers who would like to share their knowledge and experiences with our 100,000+ monthly visitors. More
Paym reaches 1m users
More than one million Brits have now registered for Paym, the mobile payments service operated by the UK’s Payments Council, with just over £6.5m being sent on the platform since its launch in April this year... More
Westpac NZ unveils augmented reality banking app
Westpac New Zealand is to release a mobile banking app that uses augmented reality and 3D imaging to let customers with an iOS device check their credit and debit card balances, make payments and find their closest bank branch... More
GSMA publishes mobile money paper
The GSMA has published a discussion paper on how increased smartphone adoption in the developing world will impact the global mobile money industry... More
Visa to launch new payments service in September, Apple could be the first customer
Visa has unveiled a suite of services designed to “facilitate secure payments across a broad range of internet-connected devices and wearables”... More
Consult Hyperion demos EMV mobile payments over BLE on an iPhone
UK payments technology specialist Consult Hyperion has unveiled a proof-of-concept solution that uses Bluetooth Low Energy (BLE) and host card emulation (HCE) to enable both iPhone and Android NFC phone owners to make MasterCard, Visa and other open loop EMV payments at the point of sale... More
IBM partners with Monitise
IBM and Monitise have formed a strategic alliance designed to help financial institutions deliver cloud-based mobile banking, payments and commerce solutions to their customers... More
CU Wallet signs up 65 credit unions for QR mobile payments
CU Wallet, a mobile payments platform developed for US credit unions and majority owned by its cooperative members, has been adopted by 65 credit unions with a combined total of more than seven million customers, the company reports... More
Barclays reports Pingit stats
Barclays’ Pingit P2P payments service has been used to send £540million since the launch of the service in February 2012, the bank has revealed, and the app has been downloaded 3m times... More
CrucialTec to secure mobile banking with fingerprints
Korean mobile input technology specialist CrucialTec is developing a fingerprint authentication solution that will replace passwords when consumers access mobile banking services on their smartphones, Korea Herald reports... More
1.75bn to use mobile banking
More than 1.75 billion mobile phone users will have used their device for banking purposes by the end of 2019, up from 800 million people this year, according to a new Juniper Research forecast... More
PayPal pays next day
PayPal is piloting Next-Day Settlement (NDS), a new service that cuts the time taken for transfers between a merchant’s PayPal account and their bank account from the usual three or four days to 24 hours... More
British Banking Association reports on UK’s banking ‘revolution’
Mobile and internet banking in the UK is now being used for transactions worth nearly £1bn a day and totalling £6.4bn a week, up from £5.8bn last year, according to an industry-wide report on how mobile technology is changing the banking industry from the British Banking Association and Ernst & Young... More
Diebold and Wincor Nixdorf form ATM security alliance
ATM manufacturers Diebold and Wincor Nixdorf have partnered to found an association aimed at working to improve cash machine security. The ATM Security Association aims to compile information on recognised and potential attack scenarios, and share it with specific industry groups to rapidly deploy and implement counter-measures at a global level... More
Moven raises $8m series A
Mobile banking, payments and budgeting startup Moven has raised US$8m in a series A funding round and will use the money to invest in new features and tools and to build its international network of partners... More
Hungarian Mobile Wallet Association reports NFC pilot results
Participants in The Hungarian Mobile Wallet Association’s MobilTarca NFC pilot made 41,000 payments valued at more than 120 million HUF (US$525,000) during the first 12 months of the trial, the association has revealed... More