IBM has announced a blockchain project with Singapore fintech startup KYCK... More
Singapore
Citibank launches Citi Pay mobile wallet and NFC payments service
Citibank has launched a new mobile wallet using Mastercard’s Masterpass digital payment service, allowing up to 100m of its customers to make purchases online and in-app, as well as NFC mobile payments in-store, in 33 countries... More
PayPal launches Siri payment requests in 30 countries
PayPal has enabled money transfers via Apple’s Siri voice command function, enabling users with iOS10 devices to make payments by speaking requests... More
Smartphone users rate security most important app attribute, survey finds
PARTNER NEWS: More than two thirds of smartphone owners use mobile banking apps, while nearly 80% consider security and reliability the most important attributes of a paid app, says a survey by Gemalto which is now available to download from the NFC World Knowledge Centre... More
One in four use mobile wallets in Singapore
More than a quarter (26%) of cardholders in Singapore now use a mobile digital wallet, with Apple Pay the most popular ahead of Android Pay and then Samsung Pay, Singapore Business Review reports... More
Samsung Pay boss reveals plans for ‘more aggressive expansion’
Samsung Pay is planning “more and more aggressive expansion”, global general manager Thomas Ko has told NFC World in an exclusive interview at Money2020 in Las Vegas, as it emerged a new Deals feature will go live next month and the mobile payments service will operate in Malaysia and Thailand by the end of the year... More
School children test wearable payments in Singapore
Singapore bank POSB has successfully completed the pilot test of a school contactless payments system that lets students make purchases in the canteen or bookstore and monitor their finances... More
Face recognition ticketing system unveiled
Singapore-based ST Electronics is developing a transport ticketing system that uses facial recognition technology to recognise and charge commuters as they pass through fare gates... More
UOB to launch NFC ATMs and instant credit card issuance
Customers of Singapore’s United Overseas Bank (UOB) will soon be able to withdraw cash from ATMs with a tap of their NFC mobile phone and get instant digital credit card issuance straight to their smartphones through the UOB Mighty host card emulation (HCE) based mobile payment service... More
Singapore aims for cashless society
Singapore plans to reduce the role of cash and checks by encouraging banks to switch to digital payments, according to the Monetary Authority of Singapore’s (MAS) Ravi Menon... More
LTA signs up Mastercard for account-based contactless ticketing in Singapore
Singapore’s Land Transport Authority (LTA) has signed a partnership agreement with Mastercard to begin piloting a new account-based ticketing system that will let commuters pay for their train and bus journeys using their existing contactless debit and credit cards. More
Apple Pay adds 13 US banks
Apple has added a further 13 banks and credit unions to its list of Apple Pay supporting financial institutions in the US... More
Samsung Pay to launch in Brazil this month
Samsung Pay will begin rolling out across Brazil on July 19, Samsung has confirmed, making it the first market in South America to introduce the mobile payment service. It will be supported by both MasterCard and Visa as well as Banco do Brasil, Brasil Pré-Pagos, Caixa, Porto Seguro, and Santander. More
Android Pay launches in Australia
Google has begun rolling out its Android Pay mobile payment service in Australia with support from American Express and Visa. The service will be available from 27 banks and credit unions at launch and from an additional seven financial institutions “soon”. MasterCard support is expected “in a few days”. More
Samsung Pay launches in Puerto Rico
Samsung Pay has gone live in Puerto Rico with support from Banco Popular, the country’s largest bank. The service is supported by MasterCard and Visa and is available from mobile network operators AT&T, T-Mobile, Sprint and Claro. More
Singapore banks to allow transfers with social media IDs
Banks in Singapore are working on a service that would let consumers make payments using their Facebook ID or Twitter username... More
UnionPay launches HCE mobile QuickPass in South Korea
Bankcard association UnionPay International has launched its host card emulation (HCE) and tokenization based mobile payment service in South Korea, enabling its cardholders to pay by tapping their mobile phones. The launch of UnionPay HCE mobile QuickPass is supported by mobile network operator KT and its subsidiary BCcard. More
Android Pay launches in Singapore
Google has begun rolling out Android Pay across Singapore, marking the mobile payment service’s debut in Asia. It will work with MasterCard and Visa cards from DBS Bank, OCBC Bank, POSB Bank, Standard Chartered Bank and UOB. More
Samsung Pay launches in Singapore
Samsung Pay has gone live in Singapore, enabling customers of Citibank Singapore, DBS Bank Singapore, POSB Bank Singapore, OCBC Bank and Standard Chartered to make mobile payments with their compatible smartphone wherever MasterCard or Visa is accepted... More