New York’s Metropolitan Transportation Agency (MTA) says its new Omny open loop contactless payments system recorded its one millionth transaction on 8 August, “a remarkable milestone accomplished at a much higher usage rate than initially estimated”... More
Apple has instructed its Apple Card issuing partner Goldman Sachs “to approve as many of its 100 million-plus iPhone users in the US as possible” for its new credit card “within the bounds of regulations and responsible lending,” CNBC reports... More
By 2024, nearly 40% of the global population will have been issued with a mobile digital identity document, Juniper Research forecasts — a total of more than three billion people... More
The UK’s Financial Conduct Authority (FCA) has agreed to give card issuers and merchants an extra 18 months to implement Strong Customer Authentication (SCA), the new customer identity verification regulation which forms part of the EU’s revised Payment Services Directive II (PSD2)... More
Students at an additional 12 US universities will be able to use their iPhone or Apple Watch “to get into dorms, buy lunch and more” in the coming school year, Apple has announced... More
Three-quarters of Apple Pay users are attracted to the Apple Card — and so are 60% of eligible non-users, a US consumer survey conducted by Auriemma Group has found... More
52% of Apple Pay users say they are likely to apply for an Apple Card in the next 12 months, a JD Power survey of US consumers has found... More
Mumbai bus operator BEST is to begin a pilot of India’s ‘One Nation One Card’ national transit card system in November this year... More
Daimler Trucks has announced the successful completion of a proof-of-concept pilot of Truck Wallet, a machine-to-machine (M2M) payments service designed to enable vehicles to automatically pay for road tolls, electric charging and other services — without involving or interacting with the driver... More
China’s central bank has completed a five-year project to develop a digital currency that can be processed at a speed which is fast enough for it to be used in a retail environment, a senior People’s Bank of China (PBOC) official has revealed... More
The US Army is looking to replace its current smartcard-based Common Access Card (CAC) with “wireless, lightweight, flexible and rugged” wearable contactless identity tokens that can be inserted into a soldier’s pocket, attached to a sleeve or integrated into a wristband... More
Chinese buyers of premium wines are now able to verify the authenticity of their purchase using the Wine Traceability Platform (WTP), a blockchain-based NFC service designed to protect Chinese consumers against the growing problem of fake wines... More
Payment methods like Apple Pay and Google Pay will be used by US consumers to make transactions valued at a total of US$78.6bn this year, representing 1.6% of all US brick-and-mortar retail sales, according to a new forecast from 451 Research... More
Sports equipment maker POC has included NFC chips in two new cycling helmets “to aid user safety and protection” in the case of injury, Endurance Business reports... More
Titan Security Keys are now available in Canada, France, Japan, and the UK — Google — “Titan Security Keys are built with a hardware chip that includes firmware engineered by Google to verify the keys’ integrity. Each key leverages FIDO standards to cryptographically verify your identity and URL of the login page, preventing an attacker from accessing your account even if you are tricked into providing your username and password.”
Wouldn’t you like a Real CryptoKitty? — Decrypt — “The 7.5 inch CryptoKitties each have a unique identity and are traceable on the blockchain. Look underneath the toy’s foot, and you’ll see a tamper-proof, near field communication (NFC) tag, with a unique serial number. Doting owners can interact with the chip, using a smartphone or other device, to access details about their toy’s unique characteristics.”
Böen Wines is to use NFC tags incorporated into all its bottle caps to let customers easily access information about where and how their wine was made, get advice on food pairings and “share their own experiences with Böen within the platform and via social media”... More
Korea’s Shinhan Card has begun testing Shinhan Face Pay, a face recognition payments system that it is developing with CU convenience stores operator BGF Retail “to identify customers who visit unmanned convenience stores in the future”... More
One million CaixaBank customers are now using their mobile phone to make in-store payments, up 87% on this time last year, and 100,000 customers are making payments using wearable devices, the Spanish bank has reported... More
New logistics technologies introduced at DHL Global Chicago hub — Healthcare Packaging — “Using near field communication (NFC) technology, sensors log in-transit ambient environmental temperature conditions during shipping, functioning at temperatures between -40 and +60 degrees Celsius. The sensors allow uploading of temperature data directly to the DHL mobile app and LifeTrack web portal, making them cost effective and easy to use without the need for specific scanners or devices… DHL has seen a 40% increase in operational capabilities using these scanners.”
