ICICI Bank has become the first Indian bank to launch a mobile payment service based on Visa’s mVisa solution, which was unveiled in August 2015... More
Archive: News in brief
Barclays to support Apple Pay from early 2016?
An email exchange between a Barclays customer and the bank’s CEO of retail banking in the UK has revealed that Barclays will support Apple Pay next year... More
Starbucks, KFC and Chili’s to support Apple Pay
Coffee chain Starbucks is to begin accepting Apple Pay across all its 7,500 US stores... More
Tangerine tests facial recognition
Scotiabank-owned direct bank Tangerine is reportedly experimenting with facial recognition technology on mobile devices... More
Seqr offers refer-a-friend rewards
Swedish firm Seamless has begun rewarding users of its Seqr mobile payment solution when they recommend friends and family... More
NYT reports on LoopPay breach
A hacking group affiliated with the Chinese government penetrated the corporate network of LoopPay, the inventor of the Magnetic Secure Transmission (MST) technology that was acquired in February 2015 to form a core part of Samsung Pay, the New York Times reports... More
Starbucks Canada to add Mobile Order & Pay
Starbucks will launch its Mobile Order & Pay service in approximately 300 company-owned stores in the Greater Toronto Area of Canada on October 13... More
Microsoft adds Windows Hello to new devices
Microsoft has added its Windows Hello biometric authentication solution to its Lumia 950 and Lumia 950 XL devices, launched at a press event in New York this week... More
Verizon agrees to support Samsung Pay
US mobile network operator Verizon Wireless has confirmed it will be adding support for Samsung Pay... More
Aramark and Tapingo take mobile payments to 25 US universities
Foodservice, facilities and clothing provider Aramark has partnered with US mobile commerce app provider Tapingo to enable university students and staff to order food from participating locations and pay directly from their mobile device using their student card, credit card or PayPal... More
Vein recognition market to grow 27% a year
The global vein recognition biometrics market in the banking, financial services and insurance (BFSI) sector is set to grow at a compound annual growth rate (CAGR) of 27.83% from 2014-2019, research firm Technavio predicts... More
DART to implement NFC fare payment system
Commuters using public transport services provided by Dallas Area Rapid Transit (DART) will soon be able to pay for travel using NFC smartphones, third-party or agency-issued transit cards and EMV contactless cards... More
226bn transactions to be secured with biometrics by 2020
Some 226bn transactions worth a total of more than US$5.6trillion will be secured using biometric technology by 2020, research from Goode Intelligence predicts... More
House of Fraser adds AR to mobile app
UK department store chain House of Fraser has introduced augmented reality (AR) into its iOS mobile app to let shoppers make purchases from videos, 3D product previews, recipes and lookbooks via a Scan to Explore feature... More
Fingerprint sensor shipments to reach 1bn units by 2020
Shipments of fingerprint sensors for smartphones are expected to reach 1bn units by 2020, representing a 17% compound annual growth rate (CAGR), according to ABI Research... More
Pinterest expands availability of Buyable Pins
Visual discovery app Pinterest is expanding its Buyable Pins, which let users make payments through Apple Pay, to more commerce platforms including Bigcommerce, IBM Commerce and Magento... More
Under half of US small businesses aware of EMV
Some 43% of small business owners in the US are familiar with EMV cards, Capital One’s Spark Business Barometer has found, but just a third (34%) of those were accepting EMV cards as of August 2015... More
Second generation NFC Ring seeks funding
The UK start-up that developed the NFC Ring in 2013 has begun raising funds on Kickstarter for its second generation device... More
BNP Paribas pilots cards with dynamic security codes
French bank BNP Paribas has begun trialling payment cards on which the three-figure security code is replaced with a small screen displaying a code which automatically changes periodically in order to make online payments more secure... More
Samsung Pay gets seven city US promo tour
Samsung is to run a seven city tour to promote the launch of Samsung Pay in the US... More