PARTNER NEWS: Digital security giant Gemalto is working alongside European payment and transactional services provider Wordline to enable the “seamless onboarding” of banks and card issuers to mobile payment wallets provided by device manufacturers... More
Tokens
Kona unveils customizable payment platform that supports cards, tokens, NFC, HCE and wearable devices
PARTNER NEWS: South Korean smart card provider Kona has unveiled the Kona Payment platform, a customizable, end-to-end solution for card issuers that supports tokenization, physical cards, mobile payments via both HCE and SIM-based secure elements, and wearable devices... More
MasterCard extends tokenization platform to clothing, accessories and wearable devices
MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.” More
US banks pilot mobile wallet authentication and issuance at the ATM
PARTNER NEWS: ATM manufacturer Diebold has teamed up with HCE specialist SimplyTapp to offer banks a way to use their ATM network to add a layer of card present security to their mobile wallet provisioning process... More
Eftpos chooses Bell ID for mobile payments in Australia
PARTNER NEWS: Debit card payment network Eftpos is to use Bell ID’s Token Service Provider platform to provide secure tokenization services to the Australian payments industry... More
MasterCard token platform close to Australia launch
MasterCard’s token platform MasterCard Digital Enablement Service (MDES) could soon be rolled out across Australia following its launch in the US in September 2014... More
Visa signs up 2,300 financial institutions for Visa Token Service
More than 2,300 financial institutions and banking partners have now signed up for Visa’s tokenization service with international expansion set to happen “in the fall”, Visa has revealed during a third quarter earnings call... More
American Express unveils online checkout service
American Express has launched an online checkout service that works across desktop, mobile and native apps to let its US card members make payments with their existing American Express user ID and password, without having to create or manage a new account... More
Spanish supermarket chain Bonpreu rolls out mobile payments to 170 stores
Spanish supermarket chain Bonpreu is to roll out a mobile payments service to 170 stores, using a platform developed by Dinube that combines proprietary tokenization algorithms, NFC and biometric fingerprint security... More
Rhombus launches SMS mobile payments platform in the US
Payments startup Rhombus has launched a platform in the US that lets consumers send payments and donations to businesses on any mobile device by texting the amount owed and a description of what they want to buy to a dedicated Rhombus number... More
Visa launches VDEP service to make it easier and cheaper for banks to offer mobile payments
Visa has launched the Visa Digital Enablement Program (VDEP), a new service that builds on the company’s token technology and adds a “turn-key, toll-free commercial framework accessible to more than 14,500 Visa financial institution clients and technology partners around the world”... More
Postbank begins HCE pilot in Germany with Worldline
Employees of Germany’s Postbank have begun piloting a mobile payment service based on host card emulation (HCE) that makes use of tokenization to allow NFC payments to be made at any Visa payWave terminal... More
Nepal Bank to launch NFC and tokenization in July
Nepal Bank is set to become the first in the country to launch an NFC mobile payment service, using a solution provided by Nuspay that also makes use of tokenization... More
Kairos mechanical smartwatches get NFC payments
Luxury watchmaker Kairos is to add NFC payments to its hybrid “mechanical smartwatches” and smart wristbands using a host card emulation-based wearable payments solution from German payments technology provider Wirecard... 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
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
Visa CEO discusses Apple Pay and tokenization rollouts
“We continue to see good success with Apple Pay,” Visa CEO Charlie Scharf has told investors during the company’s first quarter earnings call... More
Join NFC World for a free workshop on tokenization
The next event in NFC World’s free educational webinar series will be held at 15:00 GMT on Tuesday 17 February when mobile payments expert David Worthington from Bell ID will explain how tokenization works and how it can help you better secure mobile payment services... More
Wirecard to offer white label HCE wristband
The HCE wristband unveiled by technology provider Wirecard earlier this month is to be offered on a white label basis, Joern Leogrande, the company’s EVP of mobile services, has told NFC World+... More
Wirecard unveils HCE wristband for payments, loyalty and more
German payments technology provider Wirecard has developed a wearable wristband that allows a user to make a payment using host card emulation (HCE) at any contactless POS terminal... More