A new tokenization framework being developed by EMVCo for the world’s major payments networks will enable EMV transactions to be made on a mobile phone using the widest possible range of “last inch” technologies— and the first draft of the new specification will be available in just a few weeks, Christina Hulka, chair of the board of managers at EMVCo, has told The Mobile Wallet Report... More
“We’ve seen this as a vehicle for innovation for financial institutions, for merchants, for others who want to enable payment using the mobile device,” Visa‘s Sam Shrauger has explained at MWC 2014, just a few days after the payment network announced its adoption of host card emulation (HCE) for NFC and QR payments... More
Global card manufacturer and NFC service provider ABnote is to integrate SimplyTapp’s host card emulation (HCE) technology into its trusted service manager (TSM) platform, enabling card issuers to deploy cloud-based NFC payments solutions to their customers... More
Visa has introduced a new standard that uses host card emulation (HCE) to enable financial institutions to securely host Visa accounts in the cloud... More
Spain’s Bankinter is to commercially launch an NFC mobile payments service that makes use of host card emulation (HCE) during the second or third quarter of 2014... More
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