Da Vinci develops payment card with built in screen and keyboard

Give your PIN to strangers with this bank card of the future — The Memo — “There’s a new card arriving, designed and created by Simon Hewitt, the former chief security officer of one of Australia’s biggest banking groups… At first glance Da Vinci Choice, as the card’s called, looks no different to any other card in your wallet or purse — thin and plastic-y. Flip it over and the magic begins, because the entire back of the card is a tiny computer, complete with a screen and keypad.”



Wells Fargo adds NFC cash withdrawals at 5,000 ATMs

More than 5,000 Wells Fargo ATMs launch NFC-enabled mobile wallet capability — Wells Fargo — “A customer can initiate an ATM transaction by signing into leading mobile wallet features, such as Wells Fargo Wallet for Android, Apple Pay, Android Pay or Samsung Pay, found on mobile phones. They simply hold their phone or wearable device with mobile payment functionality near an NFC-enabled ATM terminal… The customer will then input their Wells Fargo Debit or EasyPay card personal identification number (PIN) and complete their transaction.”


M-Pesa rolls out contactless tags and wristbands for faster mobile money transactions in stores

Safaricom extends M-Pesa 1Tap — Safaricom — “Following successful trials over the last four months in Nakuru, Safaricom has today announced the availability of M-Pesa 1Tap in Nairobi, Mombasa, Kisumu, Eldoret and Nyeri… To make a payment, a merchant will key in the payment amount into their device, tap the customer tag, and the customer will then key in their pin on their phone to validate the payment. This cuts down the steps involved from more than eight steps using the M-Pesa tool on SIM cards to just one step for the customer.”


AirPlus staff test cards with built-in fingerprint readers

AirPlus pilots biometric corporate card — Business Travel News — “Payments provider AirPlus is testing a biometric corporate card for which users can use a fingerprint rather than a pin at checkout, AirPlus head of research and development Uli Danz told BTN… The card may not be available to clients for a while because, as Danz told BTN, “in the credit card business there are a lot of rules, and the rules are not yet set for biometrics or fingerprints on card.”


Bank of America rolls out cardless ATM withdrawals

Bank of America debuts new mobile tools focused on personalization — Bank of America — “Customers can now start an ATM withdrawal directly from their mobile banking app. Customers simply log into the app and select the desired amount to withdraw. When they arrive at the ATM, they can either use their smartphone or debit card, enter their pin, and a personalized screen will display asking the customer if they are here to complete the withdrawal, which eliminates four steps at the ATM.”


ANZ first Australian bank to roll out voice ID for mobile banking

ANZ first Australian bank to roll out voice ID for mobile banking — ANZ — “This is a significant security update that will make it easier for our customers to complete high-value transactions on their smartphones… Customers can now make ‘Pay Anyone’ payments of more than A$1,000 on their mobile without needing to log into internet banking, or remember additional passwords or pins.”



Visa moves to kill PINs by pushing Aussie banks towards biometric authentication

Visa moves to kill PINs by pushing Aussie banks towards biometric authentication — The Australian Financial Review — “A new Visa security roadmap outlines a four-year process for Australian banks to adopt new standards for e-commerce transactions, designed to streamline the purchasing process and reduce fraud, while implementing new information-sharing practices and tokenization technology.”




UK retailers call for higher contactless transaction limit

Paying with a contactless card

More than half of UK retailers that accept contactless payments would like to see the spending limit raised above the current £30 (US$40) cap, with 37% opting for £50 (US$66) and one in five hoping to see a £100 (US$132) ceiling, research released by Barclaycard ahead of the tenth anniversary of the launch of contactless payments in the UK reveals... More


Macau’s ATMs are using facial recognition to help follow the money

Macau’s ATMs are using facial recognition to help follow the money — Bloomberg — “Chinese bettors withdrawing money from some ATMs in Macau need to do more than punch in their PIN code. They also have to stare into a camera for six seconds so facial-recognition software can verify their identity and help monitor transactions… China UnionPay Co’s network is the first to use the software, which will be installed in all the city’s 1,200 cash dispensers.”


Square gets green light to take on banks with ‘PIN on glass’ mobile technology

Square gets green light to take on banks with ‘PIN on glass’ mobile technology — Australian Financial Review — “Banks are set to face more competition in the lucrative mobile point of sale technology game as secret trials featuring Twitter founder Jack Dorsey’s payments company Square are set to help credit card companies allow more payments through smartphone screens.”



Carrefour Banque offers instant activation of new C-zam account with Gemalto Digital PIN

Carrefour Banque offers instant activation of new C-zam account with Gemalto Digital PIN — Gemalto — PARTNER NEWS — “‘C-zam offers Carrefour customers the opportunity to buy in store a bank account and a banking card that can be activated on line,’ said Frédéric Mazurier, CEO of Market Pay. ‘With the support of Gemalto, we are innovating to evolve the French banking market by offering a new service in terms of accessibility, availability and usability.'”



Samsung Pay goes live in the UK with iris scan authentication and faster transit payments

Samsung Pay in the UK

Samsung Pay is now available in the UK for customers of three financial institutions — MBNA, Nationwide and Santander — with “more on the way”. The service supports iris scan authentication as well as PIN and fingerprint authentication for Samsung Galaxy S8 and S8+ owners and offers a ‘transport card’ option designed to speed up transactions on busy Transport for London (TfL) services. More




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