NFCW https://www.nfcw.com B2B news, analysis and educational resources on the latest trends and technologies in payments, transit ticketing, near field communication (NFC) and contactless, and beyond Tue, 21 Jan 2020 15:56:51 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 https://www.nfcw.com/wp-content/uploads/2019/07/cropped-nfcw-favicon-white-001-32x32.png NFCW https://www.nfcw.com 32 32 37289602 Venmo adds branded animated emojis to payment messages https://www.nfcw.com/2020/01/21/365510/venmo-adds-branded-animated-emojis-to-payment-messages/ Tue, 21 Jan 2020 15:56:51 +0000 https://www.nfcw.com/?p=65510 US P2P payments app Venmo is adding support for a suite of custom-designed animated emojis that can be used “when paying, splitting and sharing payments” and include branded options from both Subway and Ikea. “More than 90% of Venmo transactions contain emojis today, and now there will be new and evolving content from which to […]

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Central banks set up digital currency group https://www.nfcw.com/2020/01/21/365505/central-banks-set-up-digital-currency-group/ Tue, 21 Jan 2020 15:19:12 +0000 https://www.nfcw.com/?p=65505 The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), are to work together “to assess potential cases for central bank digital currencies”. The banks have formed the new group “to share experience […]

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Sberbank lets customers gift their loyalty points to friends and family https://www.nfcw.com/2020/01/21/365498/sberbank-lets-customers-gift-their-loyalty-points-to-friends-and-family/ Tue, 21 Jan 2020 14:38:44 +0000 https://www.nfcw.com/?p=65498 Russia’s Sberbank is launching an app for its Spasibo loyalty programme that will make it possible for customers to transfer their loyalty points to a friend or family member, either as a small gift or so they can “save up Spasibo points for a large purchase together”. “The feature will be available via a completely […]

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Icici Bank lets customers withdraw cash with their mobile phones https://www.nfcw.com/2020/01/21/365494/icici-bank-lets-customers-withdraw-cash-with-their-mobile-phones/ Tue, 21 Jan 2020 14:36:53 +0000 https://www.nfcw.com/?p=65494 Customers of India’s Icici Bank can now make a cash withdrawal at any of the bank’s 15,000 ATMs, using just their mobile phone. To use the new Cardless Cash Withdrawal service, customers log in to the bank’s iMobile banking app, select ‘Cash Withdrawal at Icici Bank ATM’ from the services menu and enter the account […]

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Metro do Porto to add support for contactless payments https://www.nfcw.com/2020/01/21/365488/metro-do-porto-to-add-support-for-contactless-payments/ Tue, 21 Jan 2020 13:01:59 +0000 https://www.nfcw.com/?p=65488 Public transportation users in the Portuguese city of Porto will be able to begin using their bank card to tap on and off metro and tram services from the second quarter of 2020, Metro do Porto has announced. Contactless payments will initially be available on a pilot basis on Metro Line E, which serves Porto’s […]

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Shell lets Fiat Chrysler drivers pay for fuel from their vehicles https://www.nfcw.com/2020/01/20/365483/shell-lets-fiat-chrysler-drivers-pay-for-fuel-from-their-vehicles/ Mon, 20 Jan 2020 16:38:13 +0000 https://www.nfcw.com/?p=65483 Chrysler, Dodge, Jeep and Ram drivers can now use Uconnect Market, Fiat Chrysler Automobiles’ new in-vehicle commerce platform, to pay for fuel at Shell-branded stations across the US. “The in-vehicle Shell Pay & Save functionality will provide customers with features that offer speed, convenience, and security, along with rewarding offers during their fuelling experience,” Shell […]

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Port Authority to pilot mobile ticketing on Pittsburgh buses https://www.nfcw.com/2020/01/20/365481/port-authority-to-pilot-nfc-ticketing-on-pittsburgh-buses/ Mon, 20 Jan 2020 14:44:23 +0000 https://www.nfcw.com/?p=65481 “Hardware is being installed so Port Authority employees and select stakeholders can begin testing the application and associated hardware… Public testing and the public release of the mobile application are expected to occur later this year.”

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Amazon to test palm payments at the point-of-sale https://www.nfcw.com/2020/01/20/365479/amazon-to-test-palm-payments-at-the-point-of-sale/ Mon, 20 Jan 2020 14:10:25 +0000 https://www.nfcw.com/?p=65479 “The tech giant is creating checkout terminals that could be placed in bricks-and-mortar stores and allow shoppers to link their card information to their hands, according to people familiar with the matter. They could then pay for purchases with their palms, without having to pull out a card or phone.”

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ITSO reports on the role of transit ticketing in mobility-as-a-service solutions https://www.nfcw.com/2020/01/16/365405/itso-reports-on-the-role-of-transit-ticketing-in-mobility-as-a-service-solutions/ Thu, 16 Jan 2020 12:44:38 +0000 https://www.nfcw.com/?p=65405 Integrating smart transit tickets into mobility-as-a-service (MaaS) solutions holds the promise of allowing consumers to easily plan and pay for journeys that make use of a full range of public transportation, bike, taxi, rideshare and other mobility options, UK ticketing standards body ITSO explains in a white paper now available to download from the NFCW […]

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India’s Icici Bank launches open banking portal https://www.nfcw.com/2020/01/15/365470/indias-icici-bank-launches-open-banking-portal/ Wed, 15 Jan 2020 12:23:02 +0000 https://www.nfcw.com/?p=65470 “The Icici Bank API Banking portal, which consists of 250 APIs, enables developers of prospective partner companies across the globe to seamlessly sign up on it, create an application, select the application, test it out and get the sample code. With this, businesses, fintechs, corporates and e-commerce start-ups can easily partner with the Bank and […]

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