Tuesday 28 March 2017 | RSS

 
    Feedback
     

    Technology

    News about Technology.

    Nordea Bank: PSD2 will require banks to adopt a ‘totally new way of viewing their customer base’

    March 27th, 2017

    Significant confusion and a high level of fragmentation can be expected over the next five years as European financial institutions become accustomed to new regulations under the Payment Services Directive (PSD2) which will open the door to new competition within the European payment services market, says Nordea Bank’s vice president of strategic business development, transaction banking and business innovation. More

    Ted Baker and Mondaine to add NFC payments to watches

    March 27th, 2017

    Fashion brand Ted Baker and Swiss luxury watchmaker Mondaine are to integrate NFC payments into a range of watches to enable customers to make payments using technology supplied by Tappy Technologies, which has also partnered with Barclaycard to offer bPay contactless payment technology in the UK. Tappy is also integrating NFC payments into watches supplied by Technos and Saga as well as smartphone brand Meizu’s Newatch. Mondaine began adding NFC payments to watches in February 2016.

    Wells Fargo moves forward with ATM mobile withdrawal plans

    March 22nd, 2017

    US bank Wells Fargo will become the first in the country to upgrade its entire network of ATMs with mobile withdrawal functionality next week, as the bank prepares to roll out the service to 13,000 machines. “Customers would get unique eight-digit codes from their Wells Fargo smartphone app and enter the code into the ATM along with their PIN number,” CBS San Francisco reports. The bank will also upgrade its ATMs with NFC technology “later this year,” the publication adds.

    LG to launch mobile payments service using magnetic communication technology

    March 22nd, 2017

    LG will launch its LG Pay mobile payments service in Korea in June this year using a mobile payment technology that works by “generating a magnetic signal from a mobile device such as a smartphone, and paying it to a general credit card terminal”.  More

    Canadian banks to test blockchain digital identity network for consumers

    March 21st, 2017

    A blockchain-based digital identity network that will let Canadians verify their identity to organisations of their choice and access services such as new bank accounts, driving licenses or utilities using a mobile app is now undergoing testing ahead of a planned launch later this year. The service is backed by a group of Canadian banks that includes BMO, CIBC, Desjardins, RBC, Scotiabank and TD. More

    Rambus Security boss sets out future vision

    March 2nd, 2017

    PARTNER NEWS: Following this week’s rebranding of Bell ID and Ecebs, both acquired by Rambus in January 2016, the general manager of the company’s Rambus Security division to which the two companies now belong has set out his vision for the division going forward. “In essence,” Dr Martin Scott says, “Rambus Security not only enables the technologies that make your life easier, but secures them by delivering on the promise of chip-to-cloud-to-crowd trust.”

    NXP signs deals to add NFC to cars

    February 28th, 2017

    PARTNER NEWS: Five “leading car OEMs” are to integrate NFC technology from NXP into cars to enable a variety of secure interactions including vehicle access, Bluetooth and WiFi pairing, personalization and payments, the chip maker has announced at Mobile World Congress in Barcelona. A new automotive-grade NFC frontend IC, optimized for secure car access, has also been announced along with a vehicle door handle reference design based on the new NCx3320 chip.

    NXP reveals secure element and NFC solution that speeds transaction times, increases security and supports smaller form factors

    February 27th, 2017

    PARTNER NEWS: A new embedded secure element and NFC solution from NXP will make it possible for mobile transactions to be conducted at the same speed as contactless card transactions. It also enables biometric security,… More

    GSMA predicts 1.1bn 5G connections by 2025

    February 27th, 2017

    The GSMA forecasts there will be 1.1bn 5G mobile connections by 2025, with 5G networks providing one in eight of all mobile connections and driving “massive rollout of intelligent IoT nodes for a multitude of scenarios”. “The 5G era will make possible a huge array of new applications, everything from sensor-driven smart parking to holographic conference calls,” says GSMA director general Mats Granryd.

    Smart Benches offer Londoners chance to make contactless charity donations

    February 6th, 2017

    Ten Smart Benches have been installed across London to enable passersby to donate £2 (US$3) to Cancer Research UK with a tap of their contactless debit or credit card. The Smart Bench network is currently being piloted in two boroughs in the city, with a further 90 benches to be permanently rolled out later this year. More

    GlobalPlatform framework gives consumers control over their own secure element section

    February 1st, 2017

    GlobalPlatform has released a new framework that gives consumers control over which secure applications can be used within part of the secure element (SE) of their trusted devices, without compromising security for the SE as a whole.  More

    Tostitos tortilla chip bags use NFC to order an Uber when consumers are too drunk to drive

    February 1st, 2017

    US consumers can now order a discounted Uber ride by tapping their NFC smartphone against a bag of Tostitos tortilla chips when they have had too much to drink. The bag detects the presence of alcohol on a person’s breath and shows either a green or red steering wheel to alert the consumer of whether or not they are safe to drive home. More

    White paper sets out ‘game changer’ role for NFC in public transport ticketing

    January 31st, 2017

    A 14-page white paper that aims to educate public transport operators, mobile network operators and handset manufacturers on how to implement NFC technology across transportation systems, while ensuring consistent, reliable and efficient performance between devices and mobile ticketing systems, is now available to download from the NFC World Knowledge Centre. More

    Ant Financial readying VR payments

    October 13th, 2016

    Alibaba affiliate and Alipay parent company Ant Financial is readying a virtual reality (VR) payment experience that will allow shoppers to pay with a nod of the head. “People using virtual reality goggles to browse virtual reality shopping malls will be able to pay for purchases without taking off the goggles,” Reuters reports. “User identity can be verified on VR Pay via account logins on connected devices or via voice print technology.” VR Pay is expected to be ready for commercial launch by the end of the year. Reports that Alibaba was exploring VR mobile payments emerged in August 2016.

    South Korean store launches smart shopping experience

    October 7th, 2016

    Customers at Lotte Department Store in the Bundang district of Seoul, South Korea, are being offered a new service that enables them to shop by scanning the barcode on their desired products using a shopper scanner… More

    Google unveils VR headset that pairs with NFC

    October 5th, 2016

    Google has launched a virtual reality headset that works in conjunction with smartphones supporting its Daydream mobile VR platform and uses NFC to connect the devices. The first smartphones to support the new Daydream View… More

    Sarine to add NFC to share details on diamonds and gemstones

    September 29th, 2016

    Diamond and gemstone production technology provider Sarine is to integrate NFC into its sales and consumer support system to make it possible for shoppers to retrieve information about a diamond — such as its history,… More

    WhatsApp tests NFC for group invites

    September 29th, 2016

    Social messaging service WhatsApp has begun testing a service that enables users to send group invites and join a group chat via links, NFC or QR codes. “The feature is live in version 2.16.281 of the app, which is still in beta,” Android Police reports. Reports that WhatsApp was working on adding NFC for group invites surfaced in May 2016.

    NXP rebrands Mifare SDK as TapLinx

    September 28th, 2016

    PARTNER NEWS: NXP has updated its Mifare SDK and changed the name of the developer tool to TapLinx. The update allows “smoother and faster” creation of Android-based NFC mobile applications and offers support for the… More

    Study shows growing appetite for mobile payments and biometrics

    September 27th, 2016

    Nearly two fifths of Western European consumers (38%) are ready to pay using their smartphones while more than 70% of those in Africa and the Middle East are prepared to do so, research by Mastercard reveals. Consumers… More

    Page 1 of 2512345...1020...Last »