Customers of Swedish challenger bank Rocker can now apply for a biometric payment card that allows them to authenticate payments of any amount with their fingerprint rather than using a PIN... 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
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Global shipments of biometric payment cards to grow by 850% and reach 173m in 2026
Shipments of biometric payment cards with embedded fingerprint sensors will grow by almost 850% and reach a total of 173m worldwide by 2026, according to a forecast by Juniper Research. More
Ukraine calls on Visa and Mastercard to stop servicing cards issued by Russian banks
The National Bank of Ukraine (NBU) has called on Visa and Mastercard to stop servicing payments cards issued by Russian banks following the Russian invasion of Ukraine... More
Spain sees highest growth rate in contactless payments in Europe
The total number of contactless card payments made in Spain increased by 10% during 2021, the highest growth rate recorded in Europe, according to payment services provider Minsait Payments... More
Digital Identity Working Group lays out principles for interoperable digital identity systems
The Digital Identity Working Group (DIWG), made up of digital identity specialists from eight Digital Government Exchange (DGX) member states across the world, has identified 11 core principles to support international collaboration on the development of mutually recognised and interoperable digital identity systems and infrastructure. More
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Genoa trials open loop contactless fare payments with group ticketing and fare capping
Passengers travelling on public transport services in the Italian city of Genoa can now use their physical debit or credit card or a digital version stored in an NFC wallet to make contactless fare payments for bus journeys on its urban network and on Volabus and Airlink airport bus services... More
NFC Forum certifies Cilab for CR13 testing
PARTNER NEWS: Cilab has received NFC Forum CR13 certification and is to release a testing suite for its ci230 high-speed tester that will enable developers and manufacturers to check and verify that their NFC devices meet the specification requirements laid out in the CR13 product certification program... More
More than one in three in-person payments in Latin America and the Caribbean are now contactless
More than a third of in-person payments made using Visa credentials across Latin America and the Caribbean in December 2021 were contactless (“close to 35%”), a two-fold increase on the same period in 2020, according to Visa Consulting and Analytics (VCA). More
Covid-19 pandemic drives mobile room key and contactless check-in adoption across hospitality industry
Nearly two thirds of branded and independent hotels will be offering mobile room keys (64.1%) and more than three quarters will have implemented self-service check-in options including contactless kiosks and mobile check-in (75.4%) by the end of 2022, according to a survey by New York University (NYU)... More
Budapest launches Mobility-as-a-Service app with citywide and regional transit ticketing
Budapesti Közlekedési Központ (BKK) transit authority has launched a new Mobility-as-a-Service (MaaS) app that enables public transport users in the Hungarian capital of Budapest to plan their journeys, purchase digital tickets and transit passes and receive real-time information about traffic-related changes to transport services... More
Paris to add support for NFC transit ticketing on Apple devices ‘by 2024’
Apple users travelling on public transport services in the greater Paris region will be able to store a digital version of their Navigo transit card on their iPhone or Apple Watch, as well as purchase tickets and passes and validate them using their Apple device, “by 2024”, according to a tweet posted by the Île-de-France Mobilités (IDFM) transit authority... More
Dejamobile gets PCI CPoC certification for its software POS solution
PARTNER NEWS: Dejamobile has received PCI CPoC certification for its white label ReadyToTap Payment for Merchants solution, enabling merchants around the world to be provided with the ability to accept contactless payments on standard Android NFC devices... More
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BIS finds consumers worldwide are switching to digital and contactless payments at ‘unprecedented rate’
Consumers in key markets around the world have switched from physical cash to digital and contactless payment methods at “a rate unprecedented” since the Bank for International Settlements (BIS) launched its Red Book of payment and settlement statistics in 2004, BIS says. More
IMF reports on digital currencies
Around 100 countries are now exploring the potential development and issuance of a central bank digital currency (CBDC), and the challenges and opportunities identified by these research projects reveal a need for “increased international information-sharing of insights learned”, according to an International Monetary Fund (IMF) report. More
EMVCo reveals plans to extend specifications and testing programmes
EMVCo is to launch an initiative to evaluate the role of wireless technologies not yet covered in its specifications — including Wi-Fi, ultra wideband (UWB), Bluetooth Low Energy (BLE) and mobile data — in creating “flexible and convenient payment experiences”, the technical body’s annual report reveals. More
Google Pay adds in-app personal loans in India
Google Pay users in India can now apply for and receive a personal loan in their bank account via the payment service’s app... More
Entrust to offer digital-first payment solutions via Antelop acquisition
PARTNER NEWS: The acquisition of Antelop Solutions by Entrust will enable the development of more comprehensive solutions for the issuance of both digital and physical payment cards and offer customers “true digital-first payment credentials with physical card synergies that fully align with consumer expectations for simplicity and security,” the companies have revealed... More
Canadian meal ordering app tracks reusable food containers using NFC
Customers ordering takeaway food from restaurants in Toronto in Canada can now collect their orders in a reusable food container embedded with an NFC tag that enables them to confirm they have returned the container after use at a “contactless return station”... More
EU to propose legislative framework for a digital euro in ‘early 2023’
The European Commission is to launch a consultation prior to proposing legislation that will lay out the legal framework for the ongoing development and potential issuance of a digital euro by the European Central Bank (ECB). More
Japanese merchants trial face payments for customers wearing a mask
Consumers using 10 restaurants and retail outlets in the Japanese city of Niigata can now test a biometric payments service that lets them authenticate contactless payments with their face even if they are wearing a mask... More