Mobile biometrics in financial services: A five factor framework — University of Oxford — “Overall, users believe that biometric authentication is more secure (83%) and more convenient (92%) than passwords. Fingerprint recognition obtained marginally better results compared to face recognition, for both security and convenience.”
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Priorbank adds Visa support for HCE service
Belarusian bank Priorbank has added support for Visa cards to its host card emulation (HCE) based mobile payments service that launched with support for Mastercard in April 2016... More
Target to combine offers with mobile payments to create a “one-stop shop” for customers
Customers of US retail giant Target will soon be able to redeem offers and make in-store payments using a single service on their mobile phone, as the chain announces plans to fully integrate its Cartwheel offers app into its main Target mobile app to enable a “one-stop shop”... More
Visa to roll out cashless experience at the FIFA Confederations Cup 2017
Visa to roll out cashless experience at the FIFA Confederations Cup 2017 — Visa — “Alfa-Bank guests will also be able to use a payment ring for the first time at a FIFA event. The payment ring, attached to a prepaid card, features an embedded NFC-enabled antenna, enabling fans to tap to pay throughout Russia, anywhere contactless payments are accepted.”
Rise of the technophobe – education key to tech adoption, says HSBC
Rise of the technophobe – education key to tech adoption, says HSBC — HSBC — “The study of more than 12,000 people in 11 countries reveals four in every five people (80%) believe that technology makes their lives easier but less than half (46%) trust fingerprint recognition to replace their password, despite it being recognised to be at least five times more secure and significantly more convenient than traditional passwords.”
SingPost to add 50,000 NFC tags to delivery and collection points for greater operational efficiency
Singapore’s postal service provider SingPost is rolling out 50,000 NFC tags to delivery and collection points across the island and is to equip 1,000 postmen with NFC smartphones to “raise postal service quality and improve operational efficiency”... More
More than 22bn secure elements shipped with GlobalPlatform technology
Some 41% of all secure elements deployed globally between 2010 and 2016 were based on GlobalPlatform specifications, totalling 22.018bn, the standards body has revealed... More
French casino to give visitors and employees biometric cards for access and payments
Visitors and employees at the newly opened Pleinair Casino in Marseilles, France will soon be given a biometric smart card equipped with a fingerprint sensor that will enable them to gain access to privileged areas and make payments across the venue... More
Zelle now live! in mobile banking apps today, a new way to pay
Zelle now live! in mobile banking apps today, a new way to pay — Zelle — “Beginning this month, more than 86-million U.S. mobile banking consumers will be able to send and receive money through Zelle… Beginning this week, and continuing on a rolling basis over the next 12 months, Zelle will become available in the mobile banking apps of more than 30 participating financial institutions.”
KISA to unveil bio authentication for mobile banking in 2018
KISA to unveil bio authentication for mobile banking in 2018 — Korea Herald — “Korea Internet & Security Agency is developing bio authentication for mobile banking to commercialize it by late 2018… The biometric authentication reads heart rates and electrocardiograms on a user’s smartwatch, which sends the information to his or her smartphone. The smartphone is then unlocked with the user’s fingerprint which enables the use of mobile banking.”
Dubai to pilot biometric border system based on digital passports
Passengers travelling to Dubai will soon begin piloting a biometric border system that makes use of blockchain technology and lets them walk straight to baggage reclaim through a short tunnel which conducts a three dimensional scan of their face and instantly checks them into the country using an entirely digital version of their passport... More
Apple to enable NFC pairing on HomeKit smart home devices
Apple’s HomeKit smart home framework will soon support the use of NFC for accessory pairing, the iPhone maker has revealed... More
Ant Financial extends online credit service to retailers
Ant Financial extends online credit service to retailers — China Daily — “Ant Financial Services Group, the online finance firm backed by billionaire Jack Ma, will extend its online consumer credit service to four million retail businesses across the country to boost sales and encourage spending-as China’s consumers increasingly feel more comfortable shopping with borrowed money.”
Citadele launches contactless mobile payments in Latvia
Citadele launches contactless mobile payments in Latvia — Citadele Bank — “Citadele’s mobile payment service is currently operable in a beta testing programme, where it is being used by Citadele employees and select client groups… Initially, mobile phone payments will be available on the Android operating system… Citadele will soon offer alternative mobile payment solutions for users of other mobile operating systems: bracelets and stickers with near field communication technology.”
Helixion technology goes up for sale following liquidation
The international patent and software portfolio belonging to NFC payments specialist Helixion is now up for sale as the company enters liquidation... More
NXP issues statement of support for NFC tag reading on Apple devices
PARTNER NEWS: NXP is “excited about the expanding number of users of NFC applications” following the announcement made by Apple earlier this week that it is to add support for NFC tag reading to its iPhone 7, 7 Plus and Apple Watch devices... More
Chinese mobile payments up in Q1
Chinese mobile payments up in Q1 — China Daily — “Chinese commercial banks dealt with 9.3 billion payments from mobile banking services in Q1, up 65.7% from a year ago, the People’s Bank of China, the central bank, said in a report… Combined value of mobile payments rose 16.4% to 60.65 trillion yuan ($9 trillion).”
Orange adds Android Pay to mobile banking app in Poland
Mobile network operator Orange has become “the first Polish telecom operator” to integrate Android Pay into its Orange Finanse mobile banking app, allowing its customers with an active Mastercard debit or credit card to make payments using their Android handsets without having to download the Android Pay app separately... More
Walmart adds instant card issuance to Walmart Pay
Customers of US supermarket giant Walmart will now be able to make in-store payments using their Walmart credit card as soon as they are approved through the retailer’s Walmart Pay QR code-based mobile payments service — without having to wait for the physical card to arrive in the post... More
Carrefour Banque offers instant activation of new C-zam account with Gemalto Digital PIN
Carrefour Banque offers instant activation of new C-zam account with Gemalto Digital PIN — Gemalto — PARTNER NEWS — “‘C-zam offers Carrefour customers the opportunity to buy in store a bank account and a banking card that can be activated on line,’ said Frédéric Mazurier, CEO of Market Pay. ‘With the support of Gemalto, we are innovating to evolve the French banking market by offering a new service in terms of accessibility, availability and usability.'”