Facebook has obtained a licence to manage money transfers between users in Spain, according to El Pais... 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!
One in 10 UK consumers have used mobile payments, survey reveals
More than one in 10 (11%) of UK consumers have made an in-store mobile payment and do so occasionally, with 2% doing so “wherever possible”, research from price comparison service uSwitch reveals. 6% of Britons value mobile payment technology as the most useful feature of their smartphone, rising to 8% among 18- to 34-year-olds. More
25% of UK card payments now contactless
A quarter of all UK card transactions in November 2016 were made using contactless debit and credit cards, The UK Cards Association reveals... More
NFC included in Nintendo Switch controller
Detachable Joy-Con controllers for Nintendo’s long-awaited new games console Switch will include an NFC reader and writer to exchange data with Amiibo toys, Venturebeat reports... More
US bank to upgrade all ATMs for mobile withdrawals
US bank Wells Fargo expects to be the first bank to fully convert all its ATMs to support a mobile withdrawals service, allowing customers to get cash by entering an eight-digit code generated by the bank’s app plus their PIN into the machine, CNN Money reports... More
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Australian bank offers instant digital card replacement
Customers of Australian bank ANZ who report their card as lost or stolen will be issued with a replacement card instantly through Apple Pay or Android Pay... More
Mastercard sizes up data sharing
A patent filed by Mastercard shows how it could use data from purchase histories to infer information about the cardholder that could be used, subject to privacy controls, to let merchants tailor pricing of products and services to the individual... More
US consumers to use loyalty points as currency for in-store payments
US consumers will soon be able to purchase goods using loyalty points from multiple programs through Verifone Points Redemption, a new service designed for merchants which connects to third party loyalty programs and alerts shoppers when they have enough points available to complete a payment. More
Palm vein authentication system launched for mobile devices
A palm vein authentication system compact enough to be used in tablets and other mobile devices as “dependable as current optical units” has been unveiled by Japanese electronics firm Fujitsu. The company says it expects a “corresponding prevalence of highly secure mobile services” to be introduced as it aims for practical implementation of the system during 2017. More
Secure element security added to web applications
GlobalPlatform has released Web API for Accessing Secure Elements v1.0, a standardised communications interface between web applications and secure elements (SEs) that will enable sensitive data from online applications to be stored and processed in a secure, isolated environment. More
Gemalto secures mobile payments and loyalty pilot
PARTNER NEWS: Retail giant Carrefour is piloting a mobile payments and loyalty service in France, secured with Gemalto’s Mobile Protector platform, that allows customers to validate payments with a PIN code or their fingerprint, receive and redeem coupons and access loyalty programs... More
Samsung Pay to get AI assistant?
Samsung is to add a virtual assistant called Bixby to Samsung Pay, a Samsung Pay Beta page seen by Galaxy Club reveals... More
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PayPal extends NFC payments with Discover
US consumers will be able to make NFC mobile payments using PayPal at the point of sale wherever Discover is accepted, and use their Discover Cashback Bonus to pay at online and mobile merchants that accept PayPal... More
European Central Bank calls for Europe-wide P2P mobile payments by end of 2017
Consumers will be able to make peer-to-peer (P2P) mobile payments across Europe using only the payee’s mobile phone number which will act as proxy for their international bank account number (IBAN) by the end of 2017, the European Central Bank (ECB) has revealed. More
Vehicle recognition used in ad campaign
Vehicle recognition is being used to deliver advertisements for luxury holidays in Bermuda to London drivers with high-value cars... More
Guide explains key concepts of tokenization
A 12-page guide that presents an overview of tokenization, how it secures mobile payments and where it fits into the payment processing chain is now available to download from the NFC World Knowledge Centre... More
PCI expands protections for mobile payments
The PCI Security Standards Council has updated its card production and provisioning standard to expand protections for mobile payments... More
Visa promotes contactless payments with gold prize draw
Visa cardholders are being automatically entered into a lucky draw for the chance to win one million Thai Baht (US$28,100) worth of gold whenever they use their contactless card or Samsung Pay at more than 20 retail chains across Thailand... More
Mattel includes NFC in AI for kids
Toy maker Mattel has unveiled an NFC-enabled, voice-activated artificial intelligence assistant for children... More
Global mobile payment market to hit US$780bn in 2017
The global mobile payment market will reach US$780bn by the end of 2017, amounting to an annual increase of 25.8%, research firm TrendForce predicts... More