In-store mobile payments have experienced a “long and difficult road” but the functionality is now starting to resonate with consumers, PayPal’s EVP and chief operating officer Bill Ready has told attendees during a keynote at Money20/20... More
Chinese mobile payments giant Alipay is expanding its presence in US and European retail stores via a deal with POS maker Verifone... More
Fido Alliance is working with EMVCo to provide a new authentication standard for mobile wallet and payments developers, allowing consumers to use certified, on-device biometric verification when making in-store or in-app purchases... More
Mastercard has signed deals with Google, Samsung and Microsoft to allow its customers that use Android Pay, Samsung Pay or Microsoft Wallet to shop online wherever Masterpass is accepted, while Google has announced a similar deal with Visa to offer the same functionality to Android Pay users via Visa Checkout... More
South Korea’s KB Kookmin Card is working with Bitcoin exchange service startup Coinplug to release a blockchain-based personal authentication service for mobile transactions next month, Pulse reports... More
Visa and Intel are to work together to integrate payments security technology into Intel chipsets, enabling device manufacturers to build functionality into their products to create “a more secure payment process for the internet of things (IoT)”... More
Delhi Metro Rail Corporation (DMRC) is to release wearable travel smart cards from next month, The Hindu reports... More
Singapore bank POSB has successfully completed the pilot test of a school contactless payments system that lets students make purchases in the canteen or bookstore and monitor their finances... More
America’s biggest banks have launched a money-transfer app to compete with PayPal, Venmo and Square Cash, Reuters reports... More
Bank regulators in the US have outlined cyber security standards designed to protect financial markets and consumers from online attacks against the nation’s financial firms, Reuters reports... More
Singapore-based ST Electronics is developing a transport ticketing system that uses facial recognition technology to recognise and charge commuters as they pass through fare gates... More
Apple Pay is about to launch in Germany, if a series of hints on the Apple website is confirmed... More
The Ventra mobile ticketing app introduced by Chicago’s Metra commuter rail service in November 2015 has been downloaded more than one million times and used by passengers to pay for more than US$110m in fares... More
The Roads and Transport Authority (RTA) in Dubai is developing a smart ticketing system that will check passengers in and out hands free using their smart cards or smartphones... More
Visa says it is working with blockchain developer Chain to develop a near real-time transaction system for high-value international payments between participating banks... More
Pizza Hut in the UK has unveiled what it describes as the world’s first pizza-ordering tattoo... More
Pan-African banking group Ecobank has signed a memorandum of understanding (MoU) with Mastercard to roll out Masterpass QR mobile payments across 33 African countries... More
NFC World partners Rambus Bell ID, Giesecke & Devrient, Gemalto, SimplyTapp, NXP and Kona will be exhibiting at the Money20/20 expo in Las Vegas from October 23 to 26... More
French bank BNP Paribas and supermarket giant Carrefour are to merge their Wa... More
PARTNER NEWS: A 17-page survey that reveals key insights into the expectations of end users when it comes to app usage and mobile security is now available from digital security company Gemalto... More