What's New in Payments

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.”





What's New in Payments

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

DSG

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



What's New in Payments

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.”


What's New in Payments

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.”







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.'”