The Fido Alliance has published final drafts of version 1.0 of its Universal Authentication Framework (UAF) and Universal Second Factor (U2F) specifications... 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!
European payments startup funding surges
Nascent payments and transaction processing companies in Europe raised US$417.9m through 26 deals in the nine months to September, more than seven times the amount raised during the same period last year, research from Dow Jones VentureSource reveals... More
Taiwanese banks sign up for NFC
Twenty seven banks have signed up to use an NFC payments hub being introduced by Taiwan Mobile Payment Co (TWMP), a joint venture formed in July 2014 by three Taiwanese banking groups that will work with local carriers to enable the banks to securely provision customers’ card details to their NFC phones... More
MIT researchers unveil NFC sensors that detect hazardous chemicals
MIT chemists have devised a way to detect hazardous gases and environmental pollutants using an NFC-enabled sensor and a smartphone. The low cost of the sensors means the technology could be widely deployed as a way to monitor food spoilage as well as to detect the presence of other hazards such as explosives, the researchers suggest. More
Emirates banks move towards mobile wallets
The UAE Banks Federation has announced the completion of the pre-implementation phase of a project to develop a mobile wallet platform that all its 51 member banks will be able to use to offer P2P, mobile payments and loyalty programs to their customers... More
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Chick-fil-A rolls out mobile payments
Fast food chain Chick-fil-A has rolled out mobile payments to all of its US restaurants, with the exception of licensed locations, following a pilot that began in June 2014... More
MasterCard to offer interactive payment cards to its issuers around the world
Interactive payment card developer Dynamics has signed a deal with MasterCard that will see the payments network offering the startup’s technology to its issuers around the world. MasterCard has also participated in Dynamics’ US$70m Series C funding round along with Canada’s CIBC and existing investors. More
US online buyers warm to mobile payments
Two fifths (40%) of US online buyers like the idea of making a mobile payment instead of carrying around a wallet with 76% saying they are dissatisfied with the strength of credit card security among retailers, a survey conducted by Bizrate Insights has found... More
Fujitsu uses LED lights to send data to smartphones
Fujitsu Laboratories has shown off a way to use LED lighting to transmit data about a particular product in a store, an exhibit in a museum or a song being performed during a concert to a consumer’s smartphone. More
Westpac adds fingerprint access
Westpac customers with an Apple iPhone, Samsung Galaxy S5 or Note 4 incorporating a fingerprint sensor will be able to use the technology to log into their mobile banking app from January 2015, the Australian bank has announced... More
One in four US smartphone owners have paid by mobile
Almost a quarter (24%) of US smartphone owners have now used one or more mobile payment apps, research from PunchTab has found... More
Mobile payments platform Sixdots goes live with multiple banks in Belgium
Customers of nine banks representing 80% of the Belgian market can now make use of Sixdots, a mobile wallet service that uses a combination of QR codes and a six-digit PIN to make payments in stores, online and between friends. More
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NXP to host Mifare SDK webinar
PARTNER NEWS: NXP is to host a webinar exploring its recently launched Mifare SDK Advanced NFC development kit at 10:00 CET and 17:00 CET on Tuesday 16 December... More
Starbucks eyes iBeacon
Starbucks is to use Bluetooth beacon technology in the first of its new Starbucks Reserve Roastery and Tasting Room locations in the Capitol Hill neighbourhood of Seattle in the coming year... More
Outspoken texts offers to wallets
Mobile messaging provider Outspoken has added support for Google Wallet to its digital wallet delivery solution, enabling marketers to distribute offers to a user’s mobile wallet via a text message... More
Bluetooth 4.2 to increase speed and security of Smart devices
The Bluetooth Special Interest Group (SIG) has adopted version 4.2 of the Bluetooth core specification, introducing security improvements that mean Bluetooth beacons are now unable to engage with smartphones without permission from the user and making it harder for eavesdroppers to track a device via its Bluetooth connection. More
Broadcom IoT SDK adds NFC
Chip maker Broadcom has integrated NFC into its Wireless Internet Connectivity for Embedded Devices (Wiced) software development kit with the aim of making it easier for developers to build smart homes and Internet of Things (IoT) solutions that combine NFC, WiFi and Bluetooth Smart functionality... More
MasterCard takes HCE to China
MasterCard’s cloud-based payment service is now available in China, following its initial launch in the US in September 2014... More
Barcelona equips 8,000 city locations with NFC and QR touchpoints
More than eight thousand locations across the Spanish city of Barcelona are to be equipped with NFC and QR touchpoints that deliver information on local services directly to visitors’ and citizens’ smartphones. More
One in ten US iPhone 6 owners have now used Apple Pay
Apple Pay is yet to gain widespread adoption among iPhone 6 owners due to poor awareness of which stores accept the NFC payments technology and a lack of understanding of how the service works, a survey conducted by InfoScout has found. Those who have used it, however, compare it highly favourably to using a traditional plastic card. More