Dutch bank ABN Amro has launched a mobile payments app for Android using host card emulation (HCE) technology, allowing customers to make purchases up to €2,500 (US$2,659) each day with smartphones running Android 5.0 or higher... More
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Mastercard blockchain patent applications
Mastercard has filed patent applications describing systems and methods for authorising and securing blockchain transactions using existing payment networks... More
Off the cuff mobile payments from British fashion brand
British accessories brand Tovi Sorga is working with Barclaycard to include contactless payment chips to their wallet cuff range, allowing wearers to make purchases across the UK... More
Growth in millennials’ mobile commerce use
Eighty-eight percent of US millennials are conducting transactions from their mobile device with 15% doing so multiple times a day, research from mobile capture and identity verification firm Mitek shows... More
Mobile retail commerce to reach US$1,120bn by 2020
The value of global mobile retail commerce is set to reach US$1,120bn by 2020, up from US$415bn in 2016, a white paper released by Aite Group predicts... More
Twyp mobile payments app service to close in Netherlands
P2P mobile payments app Twyp is to be closed down in the Netherlands from 15 December 2016 after customers there said they “don’t need or want a separate app to make payments to friends”... More
Jaguar files face and gait recognition system patent for vehicle entry
Luxury car manufacturer Jaguar is working on a facial and gait recognition system for vehicle owners to unlock their cars, enhancing the development of “vehicle personalisation”, according to a patent filed with the US Patent and Trademark Office last month... More
Beacons to deliver personalised marketing at ATMs
ATM manufacturer Diebold Nixdorf and Australian banking services provider Cuscal are using beacon technology to deliver personalised marketing offers to people as they approach cash machines or bank branches... More
Dutch bank in logistics blockchain project
Dutch bank ABN Amro is working with Delft University of Technology and 14 other partners to launch a two-year project to apply blockchain technology to the logistics sector... More
Android Pay to include a game?
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
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
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
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
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
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
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