EXHIBITOR NEWS: Fidesmo is rolling out its Fidesmo Pay wearable payments service in Russia with support from eight of the country’s leading banks, enabling their customers to upload their bank cards to NFC-enabled wearables and use them to make contactless payments... More
Google Pay users in the US can now earn a US$30 reward by completing actions including making NFC tap-to-pay transactions, paying or referring friends, and redeeming cashback offers during a 10-day promotion... More
Apple has applied for a patent for a user authentication framework that would allow users to store digital identity documents such as their passport, driving licence and national ID card and present them for verification on their NFC-enabled iPhone or other mobile device... More
The number of consumers using software-based facial recognition to authenticate payments worldwide will reach 1.4 billion by 2025, up from 671 million in 2020, according to a forecast by Juniper Research. More
Students and staff at Long Island University in New York State in the US can now gain entry to campus facilities and make purchases at on-campus food outlets and other stores by tapping a digital identity card stored on their NFC-enabled Apple or Android device... More
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The US state of Utah is to pilot a mobile driving licence (mDL) that will enable drivers to provide digital proof of their identity, licence status and age by tapping their mobile device on an NFC reader or by showing a QR code for scanning... More
Apple Pay users could be able to make contactless payments and other transactions with merchants or transit providers without having to manually select the correct payment, rewards or transit card or other digital credential from within their mobile wallet... More
Consumers in Turkey wanting to open a bank account remotely will be able to do so via a video-based digital onboarding system that requires them to verify their identity using an NFC-enabled ID document, according to a new regulation issued by the country’s Banking Regulation and Supervision Agency (BRSA). More
NFC labels attached to disposable insulin pens are enabling diabetes patients who self-administer regular insulin injections to ensure that they adhere to their therapy plans as well as receiving interactive guidance and assistance with their treatment... More
Visa has processed 1bn additional PIN-less, touch-free payments since 29 countries across Europe increased contactless transaction limits in response to the Covid-19 pandemic last year, the card network reports... More
Researchers at the University of Glasgow have developed a smart bandage incorporating wireless sensors and an NFC tag that can monitor a patient’s temperature and skin strain level, apply pressure to help a wound heal and transmit data to healthcare providers via a smartphone app... More
The number of American consumers using their smartphone to make in-store mobile payments will reach 101.2 million in 2021 following a 29% increase in usage during 2020, according to an eMarketer forecast... More
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Residents of Antigua and Barbuda, Grenada, Saint Lucia and St Kitts and Nevis can now pay for goods and services and make peer-to-peer money transfers from their smartphones using the East Caribbean Central Bank’s DCash central bank digital currency (CBDC)... More
Consumers may soon be able to collect rewards at smart recycling points and kerbside collections for recycling plastic bottles and other reusable packaging fitted with NFC labels that uniquely identify each item... More
Customers of all six state-owned Chinese banks can now apply for test versions of the banks’ digital yuan wallets as the country rolls out the next phase of its central bank digital currency (CBDC) pilot programme in the city of Changsha. More
The number of registered mobile money accounts globally grew by 13% in 2020 to reach a total of more than 1.2bn, according to research by the GSMA... More
The Bank of Thailand and the State Bank of Vietnam have launched an interoperable cross-border payments system that will enable Thai visitors to Vietnam and Vietnamese visitors to Thailand to make QR code-based payments for goods and services using their mobile banking app. More
Consumers in Australia can now make payments for in-store purchases using a digital card issued by buy now, pay later (BNPL) service Afterpay that lets them automatically pay for their purchases in four equal instalments... More
Visa has become the first major payments network to settle a transaction with an issuing or acquiring partner by exchanging funds in digital currency rather than in traditional fiat currency... More
Apple Pay has rolled out in South Africa with support for Visa cards issued by Absa and Discovery Bank and for Visa, Mastercard and American Express cards issued by Nedbank... More