Connected device maker Coin has released a new version of its electronic magnetic stripe card that is EMV-ready and incorporates NFC, allowing users to store credit and debit cards and make both contactless and swipe payment transactions for in-store purchases... More
PARTNER NEWS: Digital security specialist Gemalto and mobile financial services provider Mahindra Comviva have both picked up prizes in this year’s Juniper Research Future Digital Awards... More
Swiss researchers have unveiled a two-factor authentication mechanism dubbed ‘Sound-Proof’ that uses the noise recorded by a user’s phone and the device he or she wants to log into to verify identity... More
Some 80% of Apple Watch owners that are eligible to use Apple Pay have already done so, research from Wristly has found, with 79% saying they prefer using the mobile payments service on their Apple Watch over their iPhone... More
MasterCard is testing a ‘Selfie Pay’ service in the Netherlands with International Card Services and Dutch bank ABN Amro... More
Standards body ECMA International has published updates to five NFC standards — ECMA-385, ECMA-386, ECMA-409, ECMA-410 and ECMA-411 — designed “to ensure the security of NFC communication and the confidentiality, integrity and authenticity of data transfer between devices”. More
The Canadian Bankers Association (CBA) has published a mobile payments white paper intended to “encourage the introduction and adoption of new and innovative mobile payments products and services in Canada without compromising the integrity of the Canadian payments infrastructure”... More
Employees of Taiwan’s CTBC Bank have begun piloting an ATM that uses both a finger vein scanning solution from Hitachi and facial recognition technology to authenticate transactions... More
Hong Kong mobile network operator SmarTone has unveiled Kissco, an end-to-end mobile marketing platform incorporating Kiss Pay, a mobile payments service based on NFC and ultrasound technology, a Kiss Dollars loyalty program and Kiss Beacons to allow retailers to send out offers and promotions directly to customers’ smartphones from their stores... More
India’s Axis Bank, HDFC Bank, ICICI Bank and State Bank of India (SBI) are to pilot a mobile payment service developed by Visa this summer that will let select customers make in-store, online and bill payments as well as send and receive money using their mobile devices. More
Smart label systems provider FlexStr8 has unveiled an NFC solution for the Globally Harmonized System of Classification and Labelling of Chemicals (GHS) system that would allow users to print labels and give chemical handlers, emergency first responders and consumers access to important hazardous information by tapping their NFC devices against products... More
Mobile and online payment provider Stripe has entered into a strategic partnership with Visa that will make it one of the first beta partners to connect to Visa’s network capabilities, giving its developer community access to the payment network’s tokenization service... More
Hong Kong Telecommunications (HKT) subsidiary HKT Payment has launched a SIM-based NFC mobile payment service to let customers of its 1010 and Csl mobile service brands pay at more than three million locations worldwide which accept MasterCard PayPass, using funds stored in their Tap & Go mobile wallet account... More
A quarter of British consumers (25%) expect to make an NFC mobile payment in the next year, research from MasterCard reveals... More
One in six consumers find usernames and passwords “cumbersome” and 77% are interested in using alternatives to protect their security on the internet, research from Accenture reveals... More
Just under half of UK consumers (47%) either expect or would prefer businesses to offer contactless payments for transactions of less than £20, research conducted by GfK for Lloyds Bank Cardnet reveals... More
Some 41% of US consumers have a “high level” of comfort when logging in to a website or mobile app using a thumbprint or face/eye scan, research from Gigya finds... More
Google has introduced an open format for Bluetooth Low Energy (BLE) beacons that is designed to address the shortcomings of existing beacon services and is compatible with both Android and iOS devices. More
PARTNER NEWS: Gemalto will show off its Allynis Trusted Service Hub (TSH) at Mobile World Congress Shanghai this week, alongside demonstrations of other mcommerce, NFC, mobile ID and internet of things solutions... More
Mobile payment provider MyCheck has announced support for Apple Pay in the UK, enabling customers at participating restaurants to settle their bill using the mobile payments service... More