Creative technology agency Knit has developed a range of NFC-enabled Cardboard Objects that are designed to fit inside a modified version of Google’s Cardboard virtual reality (VR) headset to let users view “relevant app-based content” using real world objects. 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!
Du backs Beam QR wallet
Mobile network operator Du has formed a partnership with mobile payment service Beam Wallet and Majid Al Futtaim Ventures to promote Beam’s QR code solution to retailers and petrol stations across Dubai... More
Apple Pay now live at more than 60 banks
Apple has added more than a dozen new banks to its list of institutions that now support Apple Pay, bringing the total count to more than 60, 9to5mac reports... More
NFC security strategies: webinar slides now available
The slides from NFC World’s recent Evaluating NFC Security Strategies webinar are now available in the NFC World Knowledge Centre... More
PayPal curtails in-store ambitions
The team working on PayPal’s move into in-store payments has been among the hardest hit by layoffs across parent Ebay Inc’s three divisions, Re/code reports, adding that “PayPal’s in-store initiatives, which includes mobile payments and a credit card reader called PayPal Here, have largely been viewed as big disappointments inside the company”... More
Keep up to date: Get NFCW's headlines by email every Wednesday
Mobile biometrics market to be worth US$33.3bn a year
By 2020, smart mobile devices will include embedded biometric sensors as standard, according to research conducted by Acuity Market Intelligence, creating a US$33.3bn a year market for biometric products and services. More
NFC World to host free webinar on testing cloud-based mobile payments
Join NFC World and payments testing specialist Gerd Thys from Clear2Pay on Tuesday 24 February to gain an in-depth understanding of the new testing, quality and compliance challenges created by the arrival of HCE and tokenization — and how to address them. This online workshop takes place at 15:00 GMT and attendance is free of charge. More
Visa Europe to invest in digital payments
Visa Europe is to invest more than €200m a year in new payments technologies to accelerate the growth of digital payments, the payments network has announced... More
Snapchat adopts QR friending
Photo messaging platform Snapchat is letting users add friends to their social network by scanning Snaptags, unique QR codes assigned to each user... More
MasterCard moves towards MasterPass tokenization
MasterCard is to incorporate tokenization technology into its MasterPass digital wallet in the near future, CEO Ajay Banga has told analysts during the payment network’s 2014 year end earnings call. More
One in three Millennials to use a mobile wallet in 2015
5% of US consumers currently use a mobile wallet and 18% intend to use one in the next year, credit scorer Fico’s “Millennial Banking Insights and Opportunity” survey has found, with the percentage rising to 32% among Millennials — defined as those born between 1980 and 1994... More
ATM operators report on EMV readiness
More than six in ten (61%) US ATM operators expect “the vast majority” of their network will be capable of handling EMV transactions by the end of 2016, the ATM Industry Association has revealed... More
Keep up to date: Get NFCW's headlines by email every Wednesday
Kaspersky debuts secure QR scanner
Antivirus and security software provider Kaspersky Lab has launched Kaspersky QR Scanner, an app that warns users of potentially dangerous links within QR codes when they scan with their mobile device... More
St Petersburg Metro to go contactless
Commuters in St Petersburg, Russia will soon be able to pay their metro fares by tapping either a contactless card or an NFC device at turnstiles equipped with MasterPass technology... More
Visa CEO discusses Apple Pay and tokenization rollouts
“We continue to see good success with Apple Pay,” Visa CEO Charlie Scharf has told investors during the company’s first quarter earnings call. “On our tokenization efforts, we are very actively working with issuers in other parts of the world and would expect to see some tokenized solutions in the marketplace this calendar year.” More
McDonald’s lets customers pay with love
McDonald’s restaurants across the US are adding a new payment method for a two-week promotion, letting customers pay for their orders with “random acts of loving” such as giving out high fives and hugs, taking selfies, calling family members, dancing and blowing kisses. More
NJ Transit expands mobile ticketing app
NJ Transit has expanded availability of its MyTix mobile ticketing app to interstate routes between New Jersey and New York City after launching in South Jersey last year... More
Dynamic mag stripe card Swyp goes on pre-order
Start-up Qvivr has begun taking pre-orders for Swyp, a US$49 dynamic magnetic stripe card that uses Bluetooth LE, incorporates buttons and a display and works in conjunction with a smartphone app to emulate up to 25 credit, debit, gift or loyalty cards... More
Facebook to test Bluetooth beacons in New York
Facebook has unveiled a new service called Place Tips that works with Bluetooth beacons, WiFi and GPS to show the social network’s iOS app users “useful and relevant” information about the places they visit. More
Urevu unveils wearable BLE beacons for customer reviews
Shop owners and service providers could in future get real-time feedback on the service delivered by individual members of their staff, and thus improve the experience delivered to customers, thanks to a new mobile app from New York-based startup uRevu. More