An undisclosed global payments company is to incorporate bendable fingerprint sensors into smart cards as part of a worldwide program to be rolled out in partnership with Norwegian biometrics provider Idex. More
- Apple Pay users in the US to get buy now pay later option with iOS 16
- BIS reports on CBDCs in emerging markets
- Moroccan bank launches biometric payment card
- US digital bank introduces contactless payments rings
- Riksbank completes digital currency payments pilot
Mahindra Comviva and Pole SCS in European partnership
Mobile financial solutions firm Mahindra Comviva has signed a strategic agreement with Pole SCS, a south-east France technology cluster, to roll out new contactless and mobile services across Europe with a key focus on hybrid HCE and smart tokenization... More
US$2.7tn mobile wallet market by 2020
The global market for mobile wallets will reach US$2.7tn by 2020, “driven by the proliferation of smartphones, tablets, mobile internet, strong governmental support for cashless transactions and the convenience offered by mobile payments,” Global Industry Analysts says... More
Cale parking card readers to accept Apple Pay
US parking payment systems provider Cale will offer contactless card readers that accept Apple Pay as well as other NFC mobile wallets in July... More
Barclaycard launches second generation bPay wearable payment devices
Barclaycard has unveiled a second generation of its bPay wristbands and is to add contactless-enabled keyfobs and stickers to the range of bPay devices that will be made available for purchase on 1 July. More
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Apple publishes UK contactless FAQ
Apple has published an FAQ explaining how the contactless limit will work in the UK for Apple Pay transactions... More
PayPal set to float on 17 July
Ebay’s board of directors has approved the completion of the separation of eBay and PayPal into two independent publicly traded companies... More
PayRange raises $12m for vending machine payments via Bluetooth
Digital payments enabler PayRange has secured US$12m in Series A funding to drive mobile payment acceptance in the vending machine industry with a plug-in dongle called BluKey... More
One in five Australians make in-store mobile payments
Three in ten Australians plan to use their smartphone for all their digital money and financial needs by 2017 and one in five (17%) are already using their smartphones to make in-store payments, research from lender Fair Go Finance reveals... More
Amazon’s voice-driven home shopping device available for pre-order in the US
US consumers will soon be able to reorder supplies and control their home appliances using Amazon Echo, the connected device that uses voice recognition to complete spoken commands to shop, play music, read the news and more. It is now available for pre-order following an invitation-only trial that began in November 2014. More
Naver Pay launches in Korea
Korean internet portal Naver has launched its mobile payments platform Naver Pay following an unveiling in March... More
SEQR prepares for summer UK launch
Swedish firm Seamless is preparing to roll out its mobile payments solution SEQR in the UK, with the first merchants expected to begin using the service at the end of the summer... More
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CUA credit union reports rising interest in redi2PAY HCE mobile payments service
The number of customers using CUA’s redi2PAY HCE mobile payments service more than 35 times per month was about three times higher in March 2015 than it was six months earlier, and the number of customers using mobile payments five to 14 times per month was up 63% for the same period, the Australian credit union has revealed. More
Alibaba and Ant Financial invest nearly $1bn in Koubei mobile commerce platform
Chinese e-commerce giant Alibaba and Alipay parent Ant Financial have each invested RMB3bn (US$483m) into Koubei, a joint venture that will let consumers order and pay for local services in China using their smartphone, “with an initial focus on the food and beverage segment”. More
$4bn mobile money transfer revenue by 2018
Revenue from mobile money transfer services will hit US$2bn this year, doubling to $4bn by 2018, Juniper Research says, citing Africa as the market leader... More
India offers tax break for electronic payments?
Merchants in India accepting electronic payments could be offered a tax rebate, a government proposal suggests... More
30% of donors use contactless card during London charity trial
Nearly a third of shoppers at Westfield London shopping centre who donated to charity during a 100-day pilot put in place by the Charities Aid Foundation (CAF), Save the Children and Visa Europe Collab used their contactless card, as did one in five who donated at one of the city’s Costa coffee shop counter collection points. More
Crunchfish unveils touchless storefront using gesture recognition
Swedish gesture recognition firm Crunchfish has developed an interactive screen that can be placed in shop windows to encourage passersby to browse deals, read reviews and compare products with a swipe, push or grab of their hand. More
Spanish supermarket chain Bonpreu rolls out mobile payments to 170 stores
Spanish supermarket chain Bonpreu is to roll out a mobile payments service to 170 stores, using a platform developed by Dinube that combines proprietary tokenization algorithms, NFC and biometric fingerprint security. More
Almost one in ten have made in-store mobile wallet payments
Some 8% of global mobile users have made an in-store mobile wallet payment either using NFC or via an app in the last six months, research from trade body Mobile Ecosystem Forum (MEF) and Wirecard has revealed... More