NFCW https://www.nfcw.com B2B news, analysis and educational resources on the latest trends and technologies in payments, transit ticketing, NFC and contactless, and beyond Mon, 11 Nov 2019 14:52:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.4 https://www.nfcw.com/wp-content/uploads/2019/07/cropped-nfcw-favicon-white-001-32x32.png NFCW https://www.nfcw.com 32 32 37289602 EU banks plot pan-European rival to Visa and Mastercard https://www.nfcw.com/2019/11/11/364999/eu-banks-plot-pan-european-rival-to-visa-and-mastercard/ Mon, 11 Nov 2019 14:52:46 +0000 https://www.nfcw.com/?p=64999 A group of 20 European banks are working together on “setting up a pan-European payment system to challenge the dominance of Visa, Mastercard and technology companies such as Google and PayPal,” French news agency AFP reports. “The Pan European Payment System Initiative (PEPSI) would handle all forms of cashless transactions,” AFP was told. The idea […]

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EU antitrust chief examines Apple Pay https://www.nfcw.com/2019/11/11/364997/eu-antitrust-chief-examines-apple-pay/ Mon, 11 Nov 2019 13:06:23 +0000 https://www.nfcw.com/?p=64997 Apple Pay “has attracted regulatory scrutiny” from the EU’s Competition Commission due to “several expressions of concern about the US tech giant’s mobile payment service,” Reuters reports. “We’ve been asking quite a number of questions because we get many, many concerns when it comes to Apple Pay for pure competition reasons,” the EU’s Commissioner for […]

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DressCode ships contactless payments shirts https://www.nfcw.com/2019/11/11/364990/dresscode-ships-contactless-payments-shirts/ Mon, 11 Nov 2019 12:35:53 +0000 https://www.nfcw.com/?p=64990 UK-based DressCode has begun offering a range of tailored men’s shirts that include a contactless payments module incorporated into the sleeve cuff. “We designed CashCuff for the fashion conscious high-tech lover; it’s hidden away out of sight, but always there when you want it,” says DressCode CEO Andy Boothman. “With a CashCuff shirt from DressCode, […]

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Brits warm to biometric verification https://www.nfcw.com/2019/11/11/364988/brits-warm-to-biometric-verification/ Mon, 11 Nov 2019 12:03:44 +0000 https://www.nfcw.com/?p=64988 Just under half of British consumers are ready to completely replace traditional verification methods with biometrics for withdrawing cash (46%), starting their car (45%) and unlocking their front door (41%), according to new research from Equifax. Six in ten are ready to use biometrics for verifying their age at bars, clubs and shops (60%), 58% […]

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Mastercard partners with Tappy Technologies for wearable payments in Asia https://www.nfcw.com/2019/11/07/364978/mastercard-partners-with-tappy-technologies-for-wearable-payments-in-asia/ Thu, 07 Nov 2019 16:22:25 +0000 https://www.nfcw.com/?p=64978 PARTNER NEWS: Mastercard has announced a strategic partnership with Tappy Technologies that will see the two companies working together to let fashion brands easily add contactless payments to watches, jewellery and other accessories. Timex Group will be the first brand to use Mastercard and Tappy’s payment technologies, beginning with “a variety of collections and straps” […]

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CaixaBank uses NFC to let customers check in to flagship bank branch of the future https://www.nfcw.com/2019/11/07/364973/caixabank-uses-nfc-to-let-customers-check-in-to-flagship-bank-branch-of-the-future/ Thu, 07 Nov 2019 09:22:02 +0000 https://www.nfcw.com/?p=64973 Spain’s CaixaBank has unveiled ‘all in one’, a 3,000sqm bank branch in Barcelona that showcases the latest financial technology experiences — including NFC check-ins and facial recognition ATMs. “Anyone who comes to ‘all in one’ with an appointment won’t have to wait in the queue to see their advisor,” the bank says. “Customers can use […]

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PayPal and Venmo to move into in-store payments ‘next year’ https://www.nfcw.com/2019/11/06/364969/paypal-and-venmo-to-move-into-in-store-payments-next-year/ Wed, 06 Nov 2019 12:24:16 +0000 https://www.nfcw.com/?p=64969 PayPal is to begin a major new push into in-store payments next year, under both the PayPal and Venmo brands and using both NFC and QR codes, CEO Dan Schulman has told Axios. Axios asked Schulman if it is important for PayPal to have a place in the physical retail store. “The short answer to […]

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Visa invests in US ultrasonic payments startup https://www.nfcw.com/2019/11/06/364965/visa-invests-in-us-ultrasonic-payments-startup/ Wed, 06 Nov 2019 11:43:44 +0000 https://www.nfcw.com/?p=64965 Visa has made “a financial injection” in Lisnr, a US startup that is using ultrasonic data transmission as an alternative to NFC and QR codes for mobile payments. “This is a single technology that can live across touchpoints like scan-and-go, store pickups, pay zones, point of sale, at home with e-commerce, and even voice-enabled purchases,” […]

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Tencent to let visitors to China add their payment cards to WeChat Pay https://www.nfcw.com/2019/11/06/364959/tencent-to-let-visitors-to-china-add-their-payment-cards-to-wechat-pay/ Wed, 06 Nov 2019 10:38:46 +0000 https://www.nfcw.com/?p=64959 Tencent, the owner of Chinese mobile payments provider WeChat Pay, has announced that it is working with Visa, Mastercard, American Express, Discover and JCB to enable cardholders to connect their payment cards to WeChat Pay and then use the platform to make mobile payments when visiting China. “This partnership means that we’ll be working towards […]

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Salvation Army adds NFC chips to Red Kettles https://www.nfcw.com/2019/11/05/364955/salvation-army-adds-nfc-chips-to-red-kettles/ Tue, 05 Nov 2019 15:16:33 +0000 https://www.nfcw.com/?p=64955 The Salvation Army is adding NFC chips to all 25,000 of its iconic Red Kettles for its Christmas 2019 fundraising campaign, enabling shoppers to simply tap their Apple or Android NFC phone to make a donation to the charity. The Salvation Army is providing fundraisers across the USA with NFC tags and stickers printed with […]

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