KNOWLEDGE CENTRE: A new white paper from STMicroelectronics that provides consumer goods manufacturers with in-depth insight into how they can use NFC technology to support their sustainability initiatives is now available to download from the NFCW Knowledge Centre... More
Petrol retailer BP and truck and bus manufacturer MAN are teaming up to pilot in-vehicle contactless payments at fuel stations across the UK... More
Japanese collectible toy maker Medicom Toy has added NFC authentication tags to three of its [email protected] figurines in a bid to combat numerous fake versions of the bear-shaped toys that have appeared on the market... More
The integration of virtual cards into digital wallet services like Apple Pay and Google Pay will drive a 340% increase in virtual card transactions, from 28bn in 2022 to 121bn by 2027, Juniper Research predicts. More
Visa has processed more than 1bn contactless fare payments on transit systems around the world over a period of 10 months, signalling “rapid growth” in the uptake of digital payment options, the card network reports... More
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More than four in ten UK consumers now make in-person and ecommerce purchases from their mobile device on a weekly basis (43%), making mobile payments “the predominant form of payment” in the country with mobile commerce transaction values predicted to reach £100m (US$112m) by 2024, according to research published by payment services provider Rapyd. More
Digital ticketing transaction values worldwide will exceed pre-pandemic levels next year and reach US$1.7tn in 2027, up from US$768bn in 2022, according to a forecast from Juniper Research. More
The European Central Bank (ECB) is to trial five prototype digital euro payment solutions to test how front-end user interfaces and back-end infrastructure can be integrated to enable users to make peer-to-peer, point-of-sale and ecommerce payments with the proposed central bank digital currency. More
A consortium of government agencies, financial institutions, payments networks and technology providers from Denmark, Germany, Iceland, Italy, Latvia and Norway is proposing to launch a large-scale payments pilot to explore how the European Digital Identity Wallet being developed by the European Commission would support cross-border transactions... More
The Linux Foundation, a non-profit technology consortium that hosts and promotes the development of open source projects including the Linux kernel and Kubernetes, has launched a collaborative effort to develop open source software to support interoperability for a wide range of digital wallet use cases including digital identity and payments. ... More
Finland is to develop and pilot an interoperable digital identity network that will enable users to securely authenticate their identity and share personal data such as professional qualifications across a wide range of use cases using ID documents and credentials stored in a digital wallet... More
Apple is to add a feature to iOS 16 that will enable iPhone users to securely share NFC digital car, house, workplace and hotel room keys held in Wallet with colleagues, friends and family via messaging apps such as Messages, Mail and WhatsApp... More
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iPhone and Apple Watch users in the US can now verify their identity in third-party apps with their digital driving licence or state ID card stored in Wallet... More
Apple iPhone users can now check public transport fares and add transit cards to Wallet as well as check and replenish an existing card balance directly from Maps. More
Global contactless transaction values will reach US$10tn by 2027, up from US$4.6tn in 2022, with contactless mobile and wearable payments expected to grow by 221% and contactless card payments by 119% over the same period, according to a Juniper Research forecast... More
A slide deck and video recording of EMVCo’s keynote presentation at Contactless World Congress on the future of contactless payments are now available to access free of charge in the NFCW Knowledge Centre... More
EMVCo’s keynote for NFCW’s Contactless World Congress virtual event will take place today at 3pm BST, when Brian Byrne and Jonathan Main will present about the future of contactless payments. Here’s how to take part… More
Researchers at the University of Glasgow in the UK have developed a hybrid technique for “robustly” integrating solid NFC chips with printed circuits on flexible materials such as fabric and paper that could “extend the effective use of flexible electronics in applications such as smart tags, IoT wearables, robotics, ultrathin displays, healthcare and so on” by enabling the development of active tags... More
Customers purchasing special anniversary gift boxes of Chinese tea brand Halfism’s Fuding white tea can now verify their purchase is genuine, access detailed product information and receive coupons towards future purchases by scanning an NFC tag embedded in the product’s packaging with their NFC smartphone... More
EMVCo’s keynote for NFCW’s Contactless World Congress virtual event will take place on Wednesday at 3pm BST/10am EDT, when Brian Byrne and Jonathan Main will present about the future of contactless payments... More
