Samsung Pay is aiming to grasp “the largest share” of the Taiwan market following approval from the Financial Supervisory Commission (FSC) to enter the country, along with Apple Pay and Android Pay... More
Archive for November 2016
NFC payments coming to Android Wear 2.0?
A Google Play Services v10.0 APK teardown conducted by Android Police has revealed Google may be adding support for NFC payments through Android Pay to its Android Wear 2.0 smartwatch update... More
Samsung Pay opens pairing for Gear S3 smartwatch
Samsung Pay will be supported on Samsung’s Gear S3 Classic and Gear S3 Frontier smartwatches without having to be paired with a Samsung smartphone... More
Chase Pay goes live at Starbucks and Best Buy
Chase Pay has launched across 7,500 Starbucks and nearly 1,400 Best Buy locations across the US, allowing shoppers to make payments by scanning a QR code at the point of sale... More
Apple Pay advertising sparks strong rise in contactless payments at vending machines
Digital advertising promoting the availability of Apple Pay at unattended vending machines has resulted in a 36.5% increase in overall sales for cashless vending machine technology provider USA Technologies (USAT) as well as a 135.2% increase in NFC mobile payments, a six-month study now available to download from the NFC World Knowledge Centre reveals... More
Barclays pilots cash withdrawals using NFC mobile phones and contactless cards
UK bank Barclays has begun piloting a contactless mobile cash service that will enable customers to withdraw cash with a tap of their NFC mobile phones or contactless debit card... More
Byblos Bank launches HCE mobile payments
Customers of Lebanon-based Byblos Bank can now make host card emulation (HCE) based mobile payments using ByblosPay, a new service developed by the bank with Visa, CSC Bank and mobile app developer Foo... More
DigiTally project enables mobile money transfers without network coverage
A project enabling mobile money transfers to take place at the point of sale in areas of less-developed countries with poor or no mobile network coverage has been unveiled, by removing the reliance on SMS messaging, and, instead, allowing two people to conduct a payment by copying short authentication codes between their phones... More
Criminals reported to have used NFC mobile phones in Tesco Bank attack
UPDATE The criminals behind a Tesco Bank attack used NFC mobile phones to launder money stolen during a theft that saw about 9,000 customers affected by fraudulent transactions worth an estimated £2.5m (US$3.1m), according to a report in The Sunday Times... More
InComm to pilot dynamic CVV codes
Prepaid card provider InComm is to pilot a real-time authentication solution that will allow its cardholders to complete transactions using dynamic CVV codes that replace the static CVV codes printed on the back of cards... More
Apple patent reveals plans to add Siri to iMessage for P2P payments
Apple is investigating the possibility of adding the functionality of its Siri virtual assistant to its iMessage service that would enable iPhone users to perform P2P payment transactions, a recent patent published by the US Patent and Trademark Office reveals... More
New Zealanders confidence in digital payments on increase
Nearly three quarters of New Zealanders (72%) trust that payments made via digital and mobile methods are secure, compared to 51% when digital payment methods first emerged, Visa reveals... More
Optus adds smart coffee cup to contactless payments range
Australian mobile network operator Optus has updated its range of contactless payment accessories to include a SmartCup — a coffee cup that includes the new Optus Pay PayTag in its base allowing consumers to make contactless payments up to US$100 at any payment terminal that accepts Visa PayWave... More
Abu Dhabi schools in talks to pilot BLE school bus project
UAE-based startup Smart Navigation Systems (SNS) is in talks with “several schools” in Abu Dhabi to begin piloting School Bus Application, a service that notifies parents of the safety of their children when travelling to school using Bluetooth Low Energy (BLE) beacons on buses... More
French bank offers Visa cards with dynamic security codes
French bank Societe Generale is to offer retail customers in France the chance to replace their current Visa cards with ones featuring a dynamic security code developed by Oberthur Technologies... More
UK bank to extend trial of behavioural biometrics security
UK bank Natwest has trialled a behavioural biometrics system designed to offer continuous authentication throughout an online banking session, using more than 500 behaviour patterns to identify users and prevent fraud from unauthorised logins and automated attacks... More
Australian bank branches stop dealing with cash
Six retail branches of Citi bank in Australia are to stop dealing with cash because of falling demand from customers who prefer to manage their money digitally, the Sydney Morning Herald reports... More
Indian mobile wallet ‘ready for 300m users’
Indian mobile wallet provider MobiKwik says it is ready to serve 300m users, up from its current 35m customer base, in the wake of the government’s withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes from circulation... More
OCBC bank in local and cross-border blockchain payments trial
Singapore’s OCBC Bank says it has become the first bank in South East Asia to use blockchain technology in national and international payments... More
LotteCard to use Gemalto contactless stickers for NFC mobile payments
PARTNER NEWS: Korean credit card network LotteCard is using digital security giant Gemalto’s Optelio Contactless Stickers to allow its customers to make NFC mobile payments at 35,000 stores throughout South Korea... More