US retail giant Walmart has become the latest to announce its support for Chase Pay, with plans to enable its customers to make payments through the mobile payment service online and in-app as well as in-store, by integrating Chase Pay within its own Walmart Pay QR code-based mobile payment service... More
Money20/20
Samsung Pay boss reveals plans for ‘more aggressive expansion’
Samsung Pay is planning “more and more aggressive expansion”, global general manager Thomas Ko has told NFC World in an exclusive interview at Money2020 in Las Vegas, as it emerged a new Deals feature will go live next month and the mobile payments service will operate in Malaysia and Thailand by the end of the year... More
Bank of America adds AI to mobile app
A digital assistant that makes use of artificial intelligence, predictive analytics and cognitive messaging is to be built into Bank of America’s mobile app from next year... More
US consumers ‘largely unfamiliar’ with contactless and mobile payments, research shows
PARTNER NEWS: Contactless payment systems remain largely unfamiliar to US consumers despite a high level of satisfaction with the technology... More
Alipay targets 2bn global users
Chinese mobile payments giant Alipay is targeting 2bn users globally in the next decade, the company’s Douglas Feagin has revealed at Money20/20 in Las Vegas... More
PayPal talks up in-store mobile payments and One Touch adoption
In-store mobile payments have experienced a “long and difficult road” but the functionality is now starting to resonate with consumers, PayPal’s EVP and chief operating officer Bill Ready has told attendees during a keynote at Money20/20... More
EMVCo and Fido to deliver biometric authentication standards for mobile payments
Fido Alliance is working with EMVCo to provide a new authentication standard for mobile wallet and payments developers, allowing consumers to use certified, on-device biometric verification when making in-store or in-app purchases... More
Mastercard adds online Masterpass payments to Android Pay, Samsung Pay and Microsoft Wallet
Mastercard has signed deals with Google, Samsung and Microsoft to allow its customers that use Android Pay, Samsung Pay or Microsoft Wallet to shop online wherever Masterpass is accepted, while Google has announced a similar deal with Visa to offer the same functionality to Android Pay users via Visa Checkout... More
Intel to put Visa payments technology into connected devices
Visa and Intel are to work together to integrate payments security technology into Intel chipsets, enabling device manufacturers to build functionality into their products to create “a more secure payment process for the internet of things (IoT)”... More
Meet NFC World’s partners at Money20/20
NFC World partners Rambus Bell ID, Giesecke & Devrient, Gemalto, SimplyTapp, NXP and Kona will be exhibiting at the Money20/20 expo in Las Vegas from October 23 to 26... More
Android Pay to expand into Europe ‘soon’
Google is actively working towards launching Android Pay in Europe, director of emerging platforms Spencer Spinnell has revealed at Money20/20 Europe... More
RBC reports strong uptake for HCE wallet, adds support for digital receipts, loyalty and gift cards
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 NFC World... More
Kona unveils customizable payment platform that supports cards, tokens, NFC, HCE and wearable devices
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, and wearable devices... More
Best Buy discusses Apple Pay, MCX and Chase Pay support
US retail giant Best Buy has opened up about its experience with Apple Pay, its ongoing support for retailer-led consortium MCX’s CurrentC mobile payment service and its view on Chase Pay, the QR code-based service launched earlier this week... More
PureWrist makes pitch for NFC payments bracelet
Wearable payments startup PureWrist has begun taking pre-orders for a bracelet that comes equipped with a prepaid MasterCard account and lets its wearer make NFC payments at any contactless terminal with a tap of the wrist. The company showcased the product during its StartupPitch180 presentation at Money20/20. More
MCX merchants to accept Chase Pay mobile payments
JP Morgan Chase has unveiled Chase Pay, a “closed loop network with access to credit and debit customers” that leverages the bank’s 94m debit, credit and prepaid card accounts, uses QR codes for mobile payments and will be accepted by all members of the MCX retailer-led mobile payments consortium. More
Android Pay signs up “millions” of users, readies loyalty programs
Android Pay has signed up “millions” of users since its launch in the US in September 2015, Google’s Sridhar Ramaswamy has told attendees during his keynote at Money20/20. He also announced that single tap loyalty rewards are set to go live at NFC-enabled Coke vending machines in the next “few weeks”. More
Citi tests ATMs that replace plastic cards with mobile phones, QR codes, NFC and iris scans
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 scan... More
MasterCard extends tokenization platform to clothing, accessories and wearable devices
MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.” More
Taiwanese banks to roll out hybrid HCE payments platform
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 mobile wallet platform that offers support for both secure element and HCE cloud-based NFC payments... More