Apple warns of risks from German law to open up mobile payments — Reuters — “A German parliamentary committee unexpectedly voted in a late-night session on Wednesday to force the tech giant to open up Apple Pay to rival providers in Germany… The legislation, which did not name Apple specifically, will force operators of electronic money infrastructure to offer access to rivals for a reasonable fee.”
- Germany passes law forcing Apple to open up Apple Pay
- Golden Goose adds NFC tags to limited edition sneakers
- TfL reports on mobile payments adoption on London’s transport network
- Samsung adds Promoted Cards to Samsung Pay in Australia
- Madeira to pilot fingerprint biometric cards for decentralized digital IDs
Golden Goose adds NFC tags to limited edition sneakers
Upmarket sneaker brand Golden Goose is including NFC tags in its new Yeah sneakers, to provide buyers with the ability to validate the authenticity of their €410 purchase... More
TfL reports on mobile payments adoption on London’s transport network
One in five contactless payments on London’s public transportation network are now made using a mobile phone or other non-card device, Transport for London (TfL) has revealed... More
Samsung adds Promoted Cards to Samsung Pay in Australia
Samsung has teamed up with financial services comparison site Finder to add a credit card shopping feature to Samsung Pay, “enabling everyday Australians to discover compelling credit card offers from participating financial institutions” from within its mobile wallet... More
Madeira to pilot fingerprint biometric cards for decentralized digital IDs
The Government of Madeira is to issue biometric cards containing an in-built fingerprint sensor to 3,400 of its citizens for the pilot test of Smart Island, a decentralized digital identity project encompassing 12 education, healthcare, port security, transport, payments, tourism and government services... More
Google to offer bank accounts?
Google is to begin offering checking accounts to consumers from next year, in partnership with banks and credit unions, according to The Wall Street Journal... More
Nestlé pilots face recognition payments in Barcelona
Food giant Nestlé is testing face recognition payments at Nestlé Market, a concept supermarket in Barcelona, Spain, that stocks the company’s established brands as well as the latest additions to its range... More
Facebook Pay launches on Facebook and Messenger, Instagram and WhatsApp to follow
Facebook has unveiled a unified payments service designed to provide “a convenient, secure and consistent payment experience across Facebook, Messenger, Instagram and WhatsApp”... More
Suncorp Stadium reports on NFC event ticketing adoption rates
Fifteen thousand fans have now made use of the NFC-based mobile ticketing system which went live at the Suncorp Stadium in Brisbane, Australia, in May 2019, venue management company ASM Global has revealed... More
NXP combines NFC and UWB for mobile car keys
PARTNER NEWS: NXP has launched a new ultra-wideband chip designed to work together with Bluetooth, NFC and secure element technologies to enable “true secure hands-free smart access” to vehicles... More
Translink to pilot NFC tags at Queensland bus stops
Public transportation agency Translink is exploring the use of NFC technology as a replacement for paper timetables at bus stops in the Australian state of Queensland, iTNews reports... More
EU banks plot pan-European rival to Visa and Mastercard
A group of 20 European banks are working together on “setting up a pan-European payment system to challenge the dominance of Visa, Mastercard and technology companies such as Google and PayPal,” French news agency AFP reports... More
EU antitrust chief examines Apple Pay
Apple Pay “has attracted regulatory scrutiny” from the EU’s Competition Commission due to “several expressions of concern about the US tech giant’s mobile payment service,” Reuters reports... More
DressCode ships contactless payments shirts
UK-based DressCode has begun offering a range of tailored men’s shirts that include a contactless payments module incorporated into the sleeve cuff... More
Brits warm to biometric verification
Just under half of British consumers are ready to completely replace traditional verification methods with biometrics for withdrawing cash (46%), starting their car (45%) and unlocking their front door (41%), according to new research from Equifax... More
Mastercard partners with Tappy Technologies for wearable payments in Asia
PARTNER NEWS: Mastercard has announced a strategic partnership with Tappy Technologies that will see the two companies working together to let fashion brands easily add contactless payments to watches, jewellery and other accessories. More
CaixaBank uses NFC to let customers check in to flagship bank branch of the future
Spain’s CaixaBank has unveiled ‘all in one’, a 3,000sqm bank branch in Barcelona that showcases the latest financial technology experiences — including NFC check-ins and facial recognition ATMs... More
PayPal and Venmo to move into in-store payments ‘next year’
PayPal is to begin a major new push into in-store payments next year, under both the PayPal and Venmo brands and using both NFC and QR codes, CEO Dan Schulman has told Axios. More
Visa invests in US ultrasonic payments startup
Visa has made “a financial injection” in Lisnr, a US startup that is using ultrasonic data transmission as an alternative to NFC and QR codes for mobile payments... More
Tencent to let visitors to China add their payment cards to WeChat Pay
Tencent, the owner of Chinese mobile payments provider WeChat Pay, has announced that it is working with Visa, Mastercard, American Express, Discover and JCB to enable cardholders to connect their payment cards to WeChat Pay and then use the platform to make mobile payments when visiting China... More
