One in three new cars will feature some form of biometric feature by 2025, a report by Frost & Sullivan’s Intelligent Mobility team predicts, with partnerships between automotive OEMs and wearable providers resulting in faster penetration of biometrics into the industry. 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!
Mobile bank offers hand recognition authentication
Dutch mobile-only bank bunq is to offer customers using its app 4 Fingers TouchlessID hand recognition software, developed by US biometrics authentication solutions provider Veridium... More
Muji to accept Alipay in Chinese stores
Retail giant Muji is to accept Alipay mobile payments in nearly 200 stores in mainland China... More
Visa warns of ‘serious disruption’ to online payments from EBA proposal
Visa is warning a proposal from the European Banking Authority (EBA) requiring every online transaction over €10 (US$10.61) to have additional authentication steps at checkout will “seriously disrupt online shopping and cause inconvenience for consumers”. More
Covent Garden offers augmented reality gift for Christmas shoppers
London’s Covent Garden shopping district is showcasing what it claims to be the largest showcase of augmented reality (AR) technology attempted in one location, with Christmas shoppers offered exclusive offers, gift guides and immersive shopping experiences. More
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Samsung Pay aims for Taiwan mobile payments lead
Samsung Pay is aiming to grasp “the largest share” of the Taiwan market following approval from the Financial Supervisory Commission (FSC) to enter the country, along with Apple Pay and Android Pay... More
NFC payments coming to Android Wear 2.0?
A Google Play Services v10.0 APK teardown conducted by Android Police has revealed Google may be adding support for NFC payments through Android Pay to its Android Wear 2.0 smartwatch update... More
Samsung Pay opens pairing for Gear S3 smartwatch
Samsung Pay will be supported on Samsung’s Gear S3 Classic and Gear S3 Frontier smartwatches without having to be paired with a Samsung smartphone... More
Chase Pay goes live at Starbucks and Best Buy
Chase Pay has launched across 7,500 Starbucks and nearly 1,400 Best Buy locations across the US, allowing shoppers to make payments by scanning a QR code at the point of sale. The service has so far only been available on “select merchant websites”. More
Apple Pay advertising sparks strong rise in contactless payments at vending machines
Digital advertising promoting the availability of Apple Pay at unattended vending machines has resulted in a 36.5% increase in overall sales for cashless vending machine technology provider USA Technologies (USAT) as well as a 135.2% increase in NFC mobile payments, a six-month study now available to download from the NFC World Knowledge Centre reveals. More
Barclays pilots cash withdrawals using NFC mobile phones and contactless cards
UK bank Barclays has begun piloting a contactless mobile cash service that will enable customers to withdraw cash with a tap of their NFC mobile phones or contactless debit card. The service is scheduled to be rolled out to more than 180 bank branches in the new year, and will be enabled on more than 600 in-branch machines. More
Byblos Bank launches HCE mobile payments
Customers of Lebanon-based Byblos Bank can now make host card emulation (HCE) based mobile payments using ByblosPay, a new service developed by the bank with Visa, CSC Bank and mobile app developer Foo... More
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DigiTally project enables mobile money transfers without network coverage
A project enabling mobile money transfers to take place at the point of sale in areas of less-developed countries with poor or no mobile network coverage has been unveiled, by removing the reliance on SMS messaging, and, instead, allowing two people to conduct a payment by copying short authentication codes between their phones. More
Criminals reported to have used NFC mobile phones in Tesco Bank attack
UPDATE The criminals behind a Tesco Bank attack used NFC mobile phones to launder money stolen during a theft that saw about 9,000 customers affected by fraudulent transactions worth an estimated £2.5m (US$3.1m), according to a report in The Sunday Times. More
InComm to pilot dynamic CVV codes
Prepaid card provider InComm is to pilot a real-time authentication solution that will allow its cardholders to complete transactions using dynamic CVV codes that replace the static CVV codes printed on the back of cards... More
New Zealanders confidence in digital payments on increase
Nearly three quarters of New Zealanders (72%) trust that payments made via digital and mobile methods are secure, compared to 51% when digital payment methods first emerged, Visa reveals... More
Optus adds smart coffee cup to contactless payments range
Australian mobile network operator Optus has updated its range of contactless payment accessories to include a SmartCup — a coffee cup that includes the new Optus Pay PayTag in its base allowing consumers to make contactless payments up to US$100 at any payment terminal that accepts Visa PayWave. More
Abu Dhabi schools in talks to pilot BLE school bus project
UAE-based startup Smart Navigation Systems (SNS) is in talks with “several schools” in Abu Dhabi to begin piloting School Bus Application, a service that notifies parents of the safety of their children when travelling to school using Bluetooth Low Energy (BLE) beacons on buses... More
French bank offers Visa cards with dynamic security codes
French bank Societe Generale is to offer retail customers in France the chance to replace their current Visa cards with ones featuring a dynamic security code developed by Oberthur Technologies... More