Mobile payments service Android Pay could have a game built into it, with prizes on offer, an APK teardown report from Android Police suggests... More
Archive for November 2016
Text messages via household chemicals could lead to harmless medical nanotechnology
A machine that translates digital messages and transmits them using household chemicals could provide low-cost, self-powered nanotechnology devices that could travel around the human body harmlessly... More
iPayYou enables Bitcoin payments on Amazon
Customers will now be able to pay for Amazon purchases using Bitcoin through Bitcoin wallet iPayYou’s Amazon Direct service... More
McDonald’s South Africa pilots QR code mobile payments with WeChat
McDonald’s South Africa is piloting a mobile payment service at select restaurants in Johannesburg and Cape Town using social messaging app WeChat Africa, enabling customers to complete purchases by presenting QR codes generated by the app at the point of sale... More
Liquid Pay targets 25,000 retailers in Singapore with QR code mobile payments
Some 25,000 retail locations in Singapore are expected to accept a new mobile payment service within the next 12 months... More
R3 investment details take shape
Blockchain consortium R3 has reduced the amount it aims to raise from bank members in its first large round of equity funding to US$150m from US$200m, Reuters reports... More
US researchers claim discovery of ‘missing link’ for internet of things
A miniature, self-sufficient WiFi device which uses virtually no energy has the potential to be the “missing link” for the internet of things, its developers at Stanford University in the US claim... More
Carta to host payments and fintech leaders at Mobey Day Toronto
PARTNER NEWS: Carta Worldwide is preparing to welcome leaders from across the payments and financial technology industry to the first Mobey Day in North America, to be held at the Four Seasons Hotel in Toronto from 7-8 December... More
Intel aims for ‘merged reality’ experience
Chip giant Intel is developing a virtual reality headset based on ‘merged reality’, with users able to see the real world even while wearing a full headset, The Verge reports... More
India’s Reserve Bank increases mobile wallet limit
The Reserve Bank of India (RBI) has increased the limit of money that can be kept in a mobile wallet to Rs 20,000 (US$291) from Rs 10,000 (US$145.5) following the withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes... More
Starbucks takes mobile payments to 260 stores in Indonesia
Customers at coffee chain Starbucks in Indonesia can now make mobile payments at 260 stores nationwide by scanning a barcode at the point of sale using the company’s mobile app and completing the payment using a registered Starbucks Card... More
Visa reports EMV increase in US
There are now 388.8m Visa EMV cards circulating in the US, 180.6m of which are credit cards and 208.3m debit cards, the payment network has revealed... More
120m mobile wallets connect to MFS Hub
Some 120m mobile wallets in Sub-Saharan Africa are now connected to mobile financial services provider MFS Africa’s MFS Hub... More
NFC and blockchain combined to create supply chain security solution
Pharmaceuticals, fine art and forensic evidence could be secured along their supply chains by a new identity and authentication prototype, incorporating NFC chips and blockchain registration and verification, unveiled by US blockchain and internet of things firm Chronicled... More
Biometrics in cars to ‘radically transform the driving experience’, report predicts
One in three new cars will feature some form of biometric feature by 2025, a report by Frost & Sullivan’s Intelligent Mobility team predicts, with partnerships between automotive OEMs and wearable providers resulting in faster penetration of biometrics into the industry... More
Mobile bank offers hand recognition authentication
Dutch mobile-only bank bunq is to offer customers using its app 4 Fingers TouchlessID hand recognition software, developed by US biometrics authentication solutions provider Veridium... More
Muji to accept Alipay in Chinese stores
Retail giant Muji is to accept Alipay mobile payments in nearly 200 stores in mainland China... More
Visa warns of ‘serious disruption’ to online payments from EBA proposal
Visa is warning a proposal from the European Banking Authority (EBA) requiring every online transaction over €10 (US$10.61) to have additional authentication steps at checkout will “seriously disrupt online shopping and cause inconvenience for consumers”... More
Covent Garden offers augmented reality gift for Christmas shoppers
London’s Covent Garden shopping district is showcasing what it claims to be the largest showcase of augmented reality (AR) technology attempted in one location, with Christmas shoppers offered exclusive offers, gift guides and immersive shopping experiences... More