UK-based payment processor Worldpay is conducting trials of a facial biometric verification system for payments in stores, using a prototype device that includes an upward-facing camera embedded into a POS terminal... More
Security
Bell ID gets HCE certification from global payment schemes
PARTNER NEWS: Mobile payments specialist Bell ID’s host card emulation (HCE) solution has been certified by three of the largest global payment schemes, the company has announced, making it the first vendor to receive approval from all three schemes for its HCE platform... More
Riyad Bank goes contactless with Gemalto
PARTNER NEWS: Saudi Arabia’s Riyad Bank is migrating its entire portfolio to digital security giant Gemalto’s Clarista Contactless EMV card — powered by the industry-standard Multos operating system — making it the country’s first contactless payment method... More
Cyber experts unsure of mobile payment security
Just one in four cybersecurity experts (23%) believe that mobile payments are secure and can keep personal information safe, the 2015 Mobile Payment Security Study from IT professional association ISACA has found... More
How to develop a mobile payments roadmap — See it now on NFC World
NFC World’s ‘How to develop a mobile payments roadmap’ webinar is now available to view online... More
Grupo Aval introduces in-store mobile payments and offers in Colombia
Grupo Aval, Colombia’s largest financial services group, has launched a mobile payment and offers service that lets customers of its Av Villas, Banco de Bogotá, Banco de Occidente and Banco Popular banks make in-store payments using a code generated on their mobile phone... More
Six in ten US consumers yet to receive an EMV card
Close to six in ten US consumers (59%) have not yet got an EMV card and only 32% of those who have are aware that the US is moving to EMV payments, ABI Research has found... More
Tascent raises $18.5m for mobile iris ID
Biometric identity solutions provider Tascent has announced a US$18.5m Series A funding round to build out its biometric technology platform... More
RapidNFC offers NFC jewellery tags for product authentication
PARTNER NEWS: NFC tag specialist RapidNFC has introduced an NFC Jewellery Tag designed for merchants to use on high-value products including watches, rings and necklaces... More
Gemalto talks Android Pay
PARTNER NEWS: In a blog published this week, digital security giant Gemalto discusses the launch of Android Pay and the impact it will make on the industry... More
Absa Bank to pilot new Visa biometric chip card spec
South Africa’s Absa Bank is to be the first to develop a proof of concept trial of a new Visa specification that will enable the use of biometrics to verify EMV chip card transactions... More
56% of US consumers unaware of EMV
More than half of US consumers (56%) don’t know what an EMV credit card is and 53% have not yet received one, research from Harbortouch reveals... More
Android Pay requires secure lock screen
Google is requiring users to have a secure lock screen set-up in order to use Android Pay, Droid Life reports... More
Google launches Android Pay in the US
Google has begun rolling out its Android Pay mobile payment platform across the US today. In-store NFC mobile payments using the system will be possible at more than one million locations within the next few days, with in-app payments and loyalty expected later this year. More
Australian parliament calls for contactless opt-in
An Australian parliamentary committee is recommending that financial institutions give customers the option to disable contactless payment features... More
White paper addresses seven key NFC security questions
A 34-page white paper that addresses key security questions relating to cloud-based payments, tokenization and host card emulation (HCE) technology is now available to download from the NFC World Knowledge Centre.... More
Gemalto partners with Samsung for the launch of Samsung Pay in Europe
PARTNER NEWS: Digital security giant Gemalto has partnered with Samsung to drive the deployment of Samsung Pay across Europe, utilising its Allynis Trusted Service Hub (TSH)... More
Google ‘shut down’ beacon project
A Google service called Google Here that would send notifications via Google Maps and beacons in participating stores was shut by CEO Larry Page this year... More
Apple granted NFC and Touch ID patents
Apple has been granted 45 patents relating to NFC, Touch ID and Apple Watch in the US, Patently Apple reports... More
Half of Brits expect to replace cash with new technologies
More than a quarter of UK consumers (27%) think they will be making payments using wearable devices including watches and wristbands within 10 years, 22% think they will be regularly using their fingerprint to make those payments and 7% think they will use a microchip embedded in their body, research from Lloyds Bank reveals... More