Emirates Islamic is first Islamic bank to integrate blockchain technology into cheques

Emirates Islamic is first Islamic bank to integrate blockchain technology into cheques — Emirates Islamic — “Emirates Islamic will issue new cheque books carrying a unique QR (Quick Response) code on every leaf, along with a string of 20 random characters… In the next phase of the Cheque Chain project, the bank will have each cheque leaf registered on the Bank’s blockchain platform enabling it to validate the authenticity of the cheque at source.”


KT introduces ‘mother of all credit cards’

KT introduces ‘mother of all credit cards’ — Korea Herald — “Dubbed ‘Clip Card’ the device looks like credit and debit cards issued by financial institutions, but it has a 1.3-inch display on the surface of the card that enables users to register all their cards, which are displayed in barcodes… The KT platform is compatible with all types of credit cards regardless of card companies and financial institutions, and with any operating systems.”




NXP supports launch of common mobile wallet platform across the UAE

PARTNER NEWS: NXP has joined Emcredit, a subsidiary of the Dubai Department of Economic Development (DED), and payments solutions provider Cardtek to launch Empay, a common mobile wallet platform that will enable citizens across the United Arab Emirates to make retail payments, initiate money transfers and pay for government utilities using their NFC smartphone or wearable device... More


Banco Bradesco customers get mobile-only banking

Customers of Brazil’s Banco Bradesco can now open new accounts, send money, split payments with friends, keep track of their spending and manage their finances directly on their mobile phones using a new digital platform that the bank has launched with the aim of introducing a “more intuitive and transparent experience to younger, hyper-connected customers”... More







Android Pay begins its rollout across Canada

Android Pay has begun rolling out across Canada with support for eligible Visa and Mastercard credit cards from BMO Bank of Montreal, CIBC, Banque Nationale, Scotiabank, Desjardins, President’s Choice Financial, ATB Financial and Canadian Tire Financial Services as well as prepaid Scotiabank and Desjardins cards... More



Google and Stripe eye a slice of UPI pie in India

Google and Stripe eye a slice of UPI pie in India — Economic Times — “Google is preparing to introduce its digital wallet, Android Pay, in India this year, anchoring the platform to the government-backed Unified Payments Interface as are other global companies including Stripe and WhatsApp… Google has started testing UPI on its Android Pay platform, said one person aware of the developments.”


Phillips 66 unveils new mobile platform at Momentum Conference

Phillips 66 unveils new mobile platform at Momentum Conference — P97 Networks — “The new platform will connect retail fueling consumers to Phillips 66, Conoco, and 76 locations through a mobile app using a dynamic station finder, enabling a mobile payment wallet and delivering contextual commerce digital offers… The ‘Mobile Connect Experience’ is driven by P97’s PetroZone.”



Mobile wallet Curve launches ‘time travel’ tool to let you ‘shop in the past’

Mobile wallet Curve launches ‘time travel’ tool to let you ‘shop in the past’ — Wired — “Once a person’s cards are uploaded to the Curve platform, they are all stored on a single Curve card. When shopping, they can then choose which account they would like to shop with using an app. If they change their mind, for example if they paid using a credit card but meant to pay with a debit card, the time travel tool lets them go back and swap.”



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