PARTNER NEWS: Orders are up 75% year-on-year at HCE and tokenization specialist Bell ID, the company reports, “with 90% of all new orders and requests for proposals focusing on mobile solutions.”... More
Tokenization
PayPal explains why it’s buying mobile wallet provider Paydiant
“What Paydiant has is a clarity of focus on mobile and how large merchants need to utilise mobile to connect with their customers — they’re a small company doing that very successfully with some really cool brands,” Anuj Nayar, senior director of global initiatives at PayPal, has told NFC World as the payment giant prepares to complete its acquisition of the payments platform provider for a reported US$280m... More
Visa Europe expands on customised tokenization plans, will go live mid-April
“Tokenization does a couple of things brilliantly; one is it really helps on facilitating innovation, facilitating the use, for example, of mobile phones for payments,” Visa Europe’s Sandra Alzetta told NFC World following the payment network’s announcement of plans to launch a customised tokenization platform to European banks in April... More
SpotMe app lets Android users spend Apple Pay cash
Android users can spend their iPhone-owning friends’ money using a new app that can capture NFC payment transaction tokens from other devices and hold onto them before spending them later. More
Carta makes HCE simple with hosted Cloud Suite payments platform
PARTNER NEWS: Carta Worldwide has introduced Cloud Suite 1.0, a cloud-based platform-as-a-service solution for banks and wallet providers that supports tokenization, digital credential management, host card emulation, NFC proximity and remote payments. More
MasterCard discusses how Samsung Pay works
Samsung Pay, the tokenized mobile payment system introduced with the Samsung Galaxy S6, will first attempt to use NFC and then fall back to magnetic stripe emulation technology to offer widest compatibility with merchant terminals, MasterCard’s Matt Barr has told NFC World... More
Samsung unveils Galaxy S6 with NFC and LoopPay mobile payments
Owners of Samsung’s new Galaxy S6 flagship phone will be able to make mobile payments at merchants equipped with both legacy magnetic stripe card terminals and those with contactless POS terminals, Samsung boss JK Shin has revealed... More
Apple Pay provisioning fraud hole “has to get plugged now”
“Rampant” fraud levels being experienced by US card issuers that have signed up for Apple Pay need to be addressed with urgency, payments consultant Cherian Abraham has told NFC World, to avoid Apple, the individual banks and tokenized mobile payments as a whole suffering a reputational damage... More
Chase discusses Apple Pay and its own mobile wallet plans
More than a million JPMorgan Chase cards have now been activated for use on Apple Pay since the mobile payment service launched last year, the bank has revealed, and 69% of the activated cards are credit cards... More
Testing Mobile Payments: HCE and Tokenization webinar — See it now on NFC World
NFC World’s ‘Testing Mobile Payments: HCE and Tokenization’ webinar is now available to view online... More
Visa Europe to introduce customized token platform
Visa Europe is to launch a tokenization service “customized for the needs of the European market”, the payments network has announced... More
Australia to get Visa tokens in 2015
Australia is to become the second country after the US in which Visa Inc will roll out tokenization... More
500 sign up to learn about testing cloud payments
More than 500 people have registered to attend tomorrow’s NFC World webinar on testing cloud-based mobile payments, when technical expert Gerd Thys from Clear2Pay will explain why and how you should be testing your offering before going to market... More
Consultant: Apple Pay fraud “rampant”
Apple Pay fraud levels are now “rampant” with every Apple Pay (AP) issuer having seen “significant” provisioning fraud, payments consultant Cherian Abraham claims in a detailed blog post... More
Understanding tokenization and host card emulation webinar: See it now on NFC World
NFC World’s ‘Understanding tokenization and host card emulation’ workshop is now available to view online... More
700+ sign up for today’s tokenization webinar
More than 700 NFC World readers are set to take part in a free webinar on tokenization presented by Bell ID’s David Worthington at 3pm GMT this afternoon... More
Visa sets out tokenization expansion plans
Visa is to expand its Visa Token Service to more regions, to a range of mobile devices and to online transactions made using its Visa Checkout service in 2015, the payments network has announced, “helping to prevent exposure of sensitive consumer account information in online and mobile payments.”... More
DCR wins award for HCE prepaid payments service
PARTNER NEWS: DCR’s truTap Mobile Wallet, powered by Carta Worldwide’s host card emulation (HCE) technology, has been named the “Gotta-Have Mobile App” in Paybefore’s annual awards for excellence in the worldwide prepaid, mobile and emerging payments industry... More
NFC World to host free webinar on testing cloud-based mobile payments
Join NFC World and payments testing specialist Gerd Thys from Clear2Pay on Tuesday 24 February to gain an in-depth understanding of the new testing, quality and compliance challenges created by the arrival of HCE and tokenization — and how to address them... More
MasterCard moves towards MasterPass tokenization
MasterCard is to incorporate tokenization technology into its MasterPass digital wallet in the near future, CEO Ajay Banga has told analysts during the payment network’s 2014 year end earnings call... More