What's New in Payments

Samsung responds to LoopPay hack

Samsung Pay in action at an contactless POS terminal

Samsung has responded to a New York Times report that claimed a hacking group affiliated with the Chinese government penetrated the corporate network of LoopPay, the inventor of Magnetic Secure Transmission (MST) technology that was acquired in February to form a core part of Samsung Pay. More



What's New in Payments

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



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



NFC World

Moo launches range of NFC business cards

Moo business card

UK-based printer Moo has launched a range of business cards that come equipped with NFC chips and an accompanying online platform, allowing the owner to upload the information of their choice and change or update it as and when they require. More



What's New in Payments

Miami Heat fans get mobile payments and ticketing

Miami Heat logo

Fans of basketball team Miami Heat will now be able to make purchases at concession stands across the AmericanAirlines Arena by having a QR code scanned on their mobile device. Funds are debited from a credit card stored in the user’s mobile wallet account or by using reward points that are turned into Arena Bucks. More