Mastercard is to work with the Government of Pakistan’s National Database and Registration Authority (NADRA) to introduce a system that will enable Pakistani citizens to use their identity cards to conduct financial transactions... More
Archive for January 2017
CPI Card Group and Proxama to offer innovative mobile and EMV payments services in North America
PARTNER NEWS: Payments solutions provider CPI Card Group has chosen to use technology supplied by digital payments solution provider Proxama to deliver “innovative financial and payments products” to its North American customer base, including mobile and EMV-related services... More
Austrians to open bank accounts from home using online video ID service
Customers of Austria’s Erste Bank und Sparkassen can now open a current or student account using video-based online identification through either a mobile device or desktop computer, saving the “time and effort involved in visiting a branch office”, the bank says... More
Ant Financial eyes up blockchain for Alipay
Alibaba’s payment affiliate Ant Financial is “definitely” looking into using blockchain to underpin its mobile payments platform Alipay, CEO Eric Jing has told CNBC, adding that artificial intelligence and blockchain will be “deeply” integrated into Ant Financial’s operations... More
Free Galaxy S7 offer for Samsung Pay’s UAE launch
Free Samsung Galaxy S7 smartphones preloaded with Samsung Pay are being offered to new credit card customers of Mashreq Bank in the UAE, as the mobile payments service launches there through an early access programme with the bank... More
Chinese third-party payment providers face client cash regulation
The People’s Bank of China (PBOC) is to ban third-party payment providers, such as Alibaba-owned Alipay, from using their clients’ money, China Daily reports... More
Tesco rolls out mobile payments service across UK
Tesco has made its PayQwiq mobile payments service available in all of its stores across the UK following “positive feedback” from customers during the initial roll out to 524 stores in April 2016... More
Rail passengers pilot Bluetooth and geolocation service for ticket-free travel
Passengers on UK rail company Chiltern Railways will soon be able to travel without tickets using a service integrating a mobile app with Bluetooth and geolocation services, which will track commuters throughout their journey, give them access through ticket barriers and automatically charge them the best price for the route taken... More
Chinese to get cash using face recognition ATMs
Customers of China Merchants Bank will be able to withdraw cash using face recognition technology installed in all of the bank’s ATMs in Shanghai by the end of 2017, South China Morning Post reports... More
Consumers to personalise makeup and perfume with electronic ink and NFC packaging
Beauty product buyers will soon be able to add their name to their makeup compact and perfume bottles, write personal messages to gift recipients, access information based on skin conditions, receive targeted advertisements and connect to social media campaigns through an electronic ink display, powered by NFC, on the product packaging... More
Next iPhone to include facial or gesture recognition?
Apple’s next iPhone could include facial or gesture recognition, according to a research note issued to clients by financial services firm Cowen and Company... More
Test for European Central Bank mobile P2P platform
European payment infrastructure provider EBA Clearing has begun testing an instant payment platform unveiled earlier this month by the European Central Bank, that will allow European consumers to make cross-border mobile P2P payments... More
India to rank states on digital transactions
Niti Aayog, an Indian government policy think tank, is producing an index to rank Indian states based on the number of digital transactions made, according to Economic Times... More
HSBC to launch Hong Kong P2P mobile payments app
HSBC is to launch a P2P mobile payments app in Hong Kong early this year that will allow customers of any bank to transfer money using a recipient’s mobile phone number... More
Indian mobile wallet adds healthcare services
Indian consumers can now submit prescriptions, buy medicines, find doctors and book appointments through online pharmacy Easymedico using First Global Data subsidiary Msewa’s VPayQwik mobile wallet... More
Singapore commuters to get NFC-enabled transport payment wearables
Commuters in Singapore will soon be able to pay for public transport using an NFC-enabled fitness tracker or smartwatch linked to their EZ-Link transit card... More
Call to ‘digitise Indian rupee’ using blockchain
“The time is ripe” for the adoption of blockchain technology in India, according to the Reserve Bank of India’s research arm which believes the technology has the potential to digitise the country’s fiat currency... More
Mercedes Pay mobile payments unveiled for Daimler mobility services
Customers of Daimler’s mobility services will soon be able to use a dedicated Mercedes Pay mobile payments platform, allowing them to “easily and securely pay for mobility offerings and services using their smartphones”, the German automotive giant has announced... More
P2P service expands to Macau
Hong Kong ATM network Jetco has partnered with seven banks in Macau to offer Jetco Pay P2P, the mobile phone number-based transfer service that launched with 12 banks in January 2016... More
GlobalPlatform standardises TEE management
Standards body GlobalPlatform has published a framework detailing how trusted applications hosted on a GlobalPlatform compliant Trusted Execution Environment (TEE) can be remotely and dynamically managed... More