Updates to Apple’s Core NFC framework in iOS 13 will make it possible to write to NFC tags from an iPhone for the first time. Support will also be added for a new kind of ‘value added service’ tag and for reading and writing to ISO 7816 smart cards and tags and ISO 15693 (NFC Forum Type 5) vicinity cards and tags. Integration with Siri Shortcuts for single tap, multi-step automated workflows is also being added. More
- Bank of China lets taxi drivers accept central bank digital currency payments on NFC mobile phones
- Juniper forecasts 25% increase in POS terminal transaction values by 2028
- STMicroelectronics launches NFC tag chip with elliptic curve cryptography
- NFC Forum survey finds majority of consumers now prefer making payments with their mobile phone
- Hello, NFCW readers!
Iceland uses mobile wallet-based discount vouchers to boost footfall, sales and basket value
UK frozen food specialist Iceland has become the first national retailer to trial mobile wallet technology with in-store redeemable mobile discount vouchers installed on more than 20,000 devices... More
Uber adds e-bike rentals to London transport app
Uber has launched a trial of its pedal-assisted electric bikes in London as part of its strategy to become an all-round transport app... More
Starbucks rewards Chinese customers with Mobile Order & Pay service
Coffee giant Starbucks has begun rolling out its Starbucks Now mobile-based, pre-order and pay service to 300 stores in Beijing and Shanghai... More
Singapore’s OCBC Bank rolls out instant banking product approval via mobile
Customers of Singapore’s OCBC Bank can now make purchases via their mobile devices minutes rather than days after applying for a digital bank card... More
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Luxury watchmaker Vacheron Constantin combines blockchain with QR codes to counter fraud
Swiss luxury watchmaker Vacheron Constantin is to use blockchain technology and QR codes to create forgery-proof digital certificates of authenticity for its watches which can be easily transferred to new owners... More
Apple unveils support for NFC pairing at WWDC
Apple is to add support for NFC P2P pairing in iOS 13, enabling iPhone users to share movies and music “with just a tap”... More
NatWest targets customer accessibility with new-design debit card
UK bank NatWest is introducing a debit card design for all its customers that is easier for cardholders with conditions such as visual impairment and dementia to recognise and use... More
Dejamobile examines the strategic implications of tokenization
PARTNER NEWS: “For an issuer, selecting one or multiple TSPs [token service providers] to use for such and such service represents a strategic choice, which is not simply a combination of technical and financial criteria,” Dejamobile CEO Houssem Assadi explains in a new blog post. More
Antelop unveils mobile-first digital banking and payments platform
PARTNER NEWS: Antelop Solutions has launched an integrated onboarding, authentication and mobile payments platform for Android and iOS devices that lets both traditional and challenger banks combine “best-in-class” end-to-end security with a user friendly, PSD2-compliant, mobile-first consumer experience... More
UK banks to refund victims of push payments fraud
Scam victims to be refunded by banks — BBC — “Previously, banks only tended to reimburse people if there was an obvious fault in the way the payment was handled by the bank. Some £354m (US$446m) was lost in this fraud to individuals and businesses last year, but only £83m (US$105m) was refunded… Now anyone who has taken reasonable care, or has any element of vulnerability, is much more likely to receive a refund of the lost money.”
BBVA to roll out single mobile payments platform for all its banks around the world
BBVA builds a global payment platform for the future — BBVA — “BBVA Group has developed a platform to facilitate mobile payments across all the countries in its footprint. The platform developed by BBVA connects to Visa and Mastercard directly from each country’s application and provides the data required to process digital transactions from a smartphone”
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Banks balk at Apple Card business
A Goldman Sachs rival pulled out of the Apple Card deal on fears it will be a money loser — CNBC — “‘Dude, if that portfolio ever makes money, I’m buying you a beer,’ an employee at the card department of a big bank texted a Goldman staffer… Citigroup was in advanced negotiations with Apple for the card but pulled out amid doubts that it could earn an acceptable profit on the partnership, according to people with knowledge of the talks… Goldman is ‘thrilled’ to be partnering with Apple, according to Andrew Williams, a spokesman for the New York-based bank.”
Analyst: Rise of OEM Pay smartphone wallets to cost banks US$15bn — in Australia alone
$22b of bank revenue at risk from smartphone wallets: Morgan Stanley — The Australian Financial Review — “Smartphone digital wallets offered by Google, Apple and other technology giants will put A$22bn of revenue across the major Australian banks at risk, according to Morgan Stanley… Its analysts came to that figure after looking into how a banks’ payments capability influences decisions relating to other products. This includes transaction accounts that give major banks an opportunity to cross-sell customers more profitable products such as mortgages.”
Maybank signs up 250,000 merchants for QR mobile payments in Malaysia
New chain outlets increase Maybank QRPay merchant base to more than 250,000 — Maybank — “More than 250,000 merchants throughout Malaysia now accept payments using Maybank QRPay, its QR code mobile payment platform, following the recent addition of major chain outlets which include TGV Cinemas, KK Super Mart, 99 Speedmart and Big Pharmacy. This is set to increase further as McDonald’s, Mydin and Starbucks are also piloting this mobile payment option at selected stores within Klang Valley.”
McDonald’s links up with Alibaba’s food ordering app to drive loyalty card sign ups
McDonald’s China links loyalty program to Ele.me app — Alibaba — “Starting this week, Ele.me users can activate a McDonald’s membership card with just one click on the app to earn loyalty points for purchases and receive vouchers worth up to RMB88.5 ($12.80). The fast food giant attracted nearly 20,000 new members on its first day of launching the service on May 20, while single-day orders increased about 20% week-over-week, McDonald’s China said.”
Google leverages Google Pay to bypass food ordering apps
What’s for dinner? Order it with Google — Google — “Now you can use Google Search, Maps or the Assistant to order food from services like DoorDash, Postmates, Delivery.com, Slice, and ChowNow, with Zuppler and others coming soon. Look out for the ‘Order Online’ button in Search and Maps when you search for a restaurant or type of cuisine. For participating restaurants, you can make your selections with just a few taps, view delivery or pickup times, and check out with Google Pay.”
Indonesia picks EMV QR codes for national mobile payments standard
Bank Indonesia launches national standard QR code — The Jakarta Post — “QRIS, which physically manifests as a more complex QR pattern, allows users from one payment service to transfer funds to any rival service within BI’s ecosystem. A customer using e-wallet service LinkAja, for example, could transfer funds to a shopkeeper using e-wallet OVO given at least one party has a QRIS code.”
Singapore to introduce mobile citizen ID platform
More citizens and businesses satisfied with government digital services — Government Technology Agency of Singapore — “By the third quarter of FY19, the Government will launch ‘SG-Verify’, a facility for businesses to perform secure identity verification and data transfer through QR scanning. This will provide businesses an alternative for visitor registration and access, customer acquisition at roadshows, or any other use cases that require identification.”
Paris to switch on NFC mobile ticketing for bus, tram and metro services in September
Commuters in the greater Paris region will be able to use their NFC mobile phone to store Navigo transit passes and T+ prepaid ticket books from September 2019... More