EXHIBITOR NEWS: NFC tag veterans Seritag have launched ixkio, an NFC tag management platform designed for easy, flexible and scalable control of both standard and authentication NFC tags... 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 four card payments in Australia are now made using a mobile wallet
A quarter of all debit and credit card transactions made in Australia are now made using a mobile wallet (25%), up from 10% in the March quarter of 2020, according to figures from the Reserve Bank of Australia (RBA). ... More
ST explains how brands can use NFC to support sustainability
KNOWLEDGE CENTRE: A new white paper from STMicroelectronics that provides consumer goods manufacturers with in-depth insight into how they can use NFC technology to support their sustainability initiatives is now available to download from the NFCW Knowledge Centre... More
BP and MAN to pilot in-vehicle contactless payments for truck drivers
Petrol retailer BP and truck and bus manufacturer MAN are teaming up to pilot in-vehicle contactless payments at fuel stations across the UK... More
Medicom combats counterfeit figurines with NFC tags
Japanese collectible toy maker Medicom Toy has added NFC authentication tags to three of its Be@rbrick figurines in a bid to combat numerous fake versions of the bear-shaped toys that have appeared on the market... More
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Juniper forecasts 121bn virtual card transactions by 2027
The integration of virtual cards into digital wallet services like Apple Pay and Google Pay will drive a 340% increase in virtual card transactions, from 28bn in 2022 to 121bn by 2027, Juniper Research predicts. More
Visa reports rapid growth in contactless fare payments worldwide
Visa has processed more than 1bn contactless fare payments on transit systems around the world over a period of 10 months, signalling “rapid growth” in the uptake of digital payment options, the card network reports... More
Nearly half of UK consumers now make mobile payments every week
More than four in ten UK consumers now make in-person and ecommerce purchases from their mobile device on a weekly basis (43%), making mobile payments “the predominant form of payment” in the country with mobile commerce transaction values predicted to reach £100m (US$112m) by 2024, according to research published by payment services provider Rapyd. More
Global digital ticketing transaction values to hit US$1.4tn in 2027
Digital ticketing transaction values worldwide will exceed pre-pandemic levels next year and reach US$1.7tn in 2027, up from US$768bn in 2022, according to a forecast from Juniper Research. More
European Central Bank to test prototype digital euro payment solutions across key use cases
The European Central Bank (ECB) is to trial five prototype digital euro payment solutions to test how front-end user interfaces and back-end infrastructure can be integrated to enable users to make peer-to-peer, point-of-sale and ecommerce payments with the proposed central bank digital currency. More
Consortium proposes European Digital Identity Wallet payments pilot
A consortium of government agencies, financial institutions, payments networks and technology providers from Denmark, Germany, Iceland, Italy, Latvia and Norway is proposing to launch a large-scale payments pilot to explore how the European Digital Identity Wallet being developed by the European Commission would support cross-border transactions... More
Linux Foundation launches open source digital wallet project
The Linux Foundation, a non-profit technology consortium that hosts and promotes the development of open source projects including the Linux kernel and Kubernetes, has launched a collaborative effort to develop open source software to support interoperability for a wide range of digital wallet use cases including digital identity and payments. ... More
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Finland to pilot digital identity network that lets citizens store credentials in their choice of digital wallet
Finland is to develop and pilot an interoperable digital identity network that will enable users to securely authenticate their identity and share personal data such as professional qualifications across a wide range of use cases using ID documents and credentials stored in a digital wallet... More
Apple lets iPhone users present government-issued digital IDs in third-party apps
iPhone and Apple Watch users in the US can now verify their identity in third-party apps with their digital driving licence or state ID card stored in Wallet... More
Apple integrates transit cards with Maps in iOS 16
Apple iPhone users can now check public transport fares and add transit cards to Wallet as well as check and replenish an existing card balance directly from Maps. More
Contactless payments set to hit US$10tn globally by 2027
Global contactless transaction values will reach US$10tn by 2027, up from US$4.6tn in 2022, with contactless mobile and wearable payments expected to grow by 221% and contactless card payments by 119% over the same period, according to a Juniper Research forecast... More
EMVCo reports on the future of contactless payments
A slide deck and video recording of EMVCo’s keynote presentation at Contactless World Congress on the future of contactless payments are now available to access free of charge in the NFCW Knowledge Centre... More
How to join today’s EMVCo keynote session at Contactless World Congress
EMVCo’s keynote for NFCW’s Contactless World Congress virtual event will take place today at 3pm BST, when Brian Byrne and Jonathan Main will present about the future of contactless payments. Here’s how to take part… More
Researchers develop technique for integrating NFC chips with printed electronics for flexible active smart tags
Researchers at the University of Glasgow in the UK have developed a hybrid technique for “robustly” integrating solid NFC chips with printed circuits on flexible materials such as fabric and paper that could “extend the effective use of flexible electronics in applications such as smart tags, IoT wearables, robotics, ultrathin displays, healthcare and so on” by enabling the development of active tags... More