Wednesday 17 October 2018
Standard Chartered has announced that it is working on a new type of payments solution that “could revolutionise the way corporates communicate with banks for financing or payments.”... More
Singapore’s postal service provider SingPost is rolling out 50,000 NFC tags to delivery and collection points across the island and is to equip 1,000 postmen with NFC smartphones to “raise postal service quality and improve operational efficiency”... More
Customers visiting US pharmacy and wellness center Chambers’ Apothecary in Chambersburg can now tap their NFC devices against NFC tags affixed to shelves throughout the store to interact with products and access a “wide variety of information” including user reviews, customer surveys and videos directly on their mobile phone... More
Employees at UK bank Barclays and Barclaycard’s London office have begun piloting a new payment concept that allows them to buy low-value goods in the staff restaurant by scanning the barcode on the items using their smartphone and completing the purchase “with a single click” without needing to visit the physical checkout. More
Some 2,000 Bluetooth Low Energy (BLE) beacons have been installed across London’s Gatwick Airport to provide an indoor navigation system and an augmented reality wayfinding service so that passengers can be shown directions in the camera view of their mobile device. More
Drivers across the Canadian city of London can now pay for parking at more than 3,100 spaces across the city — including all municipal parking lots and on-street spaces — using a mobile app that lets them “seamlessly search, pay for and top up parking from their phone or tablet”. The service is being rolled out by the City of London. More
Restaurant chains Eat and Bel-Air are piloting a service in their London locations that delivers real-time receipts to a customer’s mobile banking app by linking to the purchases they make using their bank cards at the retailer’s point-of-sale terminal. The service is also being trialled by UK challenger bank Monzo. More
Mastercard has introduced an artificial intelligence solution to help financial institutions increase the accuracy of real-time approvals of genuine transactions and reduce false declines, while marking the first time AI has been implemented on a global scale directly on the Mastercard network... More
Prepaid card provider InComm is to pilot a real-time authentication solution that will allow its cardholders to complete transactions using dynamic CVV codes that replace the static CVV codes printed on the back of cards... More
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