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OpenWallet Foundation announces 37 backers for open source digital wallet project

By Tom Phillips • 24 February 2023 • Updated 24 February 2023

The Linux Foundation Europe’s initiative to build an open source engine that will support the development of interoperable digital wallets across use cases including digital identity, credential authentication and payments has gone live with the backing of 37 private, nonprofit, academic and government entities... More

Linux Foundation launches open source digital wallet project

By Tom Phillips • 15 September 2022 • Updated 15 September 2022

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

What's New in Payments

Swift and Accenture lay out requirements for cross border CBDC payments infrastructure

By Tom Phillips • 21 May 2021 • Updated 21 May 2021

Ensuring that central bank digital currencies (CBDCs) are interoperable and integrated with existing payment infrastructures are among the key requirements for their successful implementation in cross border transactions, according to a joint paper published by Swift and Accenture... More

What's New in Payments

Accenture issues $280bn payments revenue warning to banks

By Sarah Clark • 17 September 2019

Bar graph showing global payments revenue at risk

Banks are at risk of losing up to 15% of global payments revenue, valued at US$280bn, due to “the growth of digital payments and competition from non-banks”, Accenture predicts — but they also have the opportunity to capture US$500bn in new payments-related revenues “if they adopt innovative business models”... More

What's New in Payments

Nine out of 10 commercial banks exploring blockchain for payments, survey finds

By Christopher Brown • 28 October 2016

Nine out of 10 US, European and Canadian commercial banks are exploring the use of blockchain technology for payments, according to a survey of 32 top banking professionals by Accenture... More

What's New in Payments

Mobile payments awareness up in North America, but usage remains flat

By Rian Boden • 19 October 2016 • Updated 28 February 2023

Nearly six in 10 North American consumers (56%) are now aware of mobile payment services — a 4% increase from this time last year, research from Accenture has revealed... More

What's New in Payments

Visa expands Visa Ready Program to wider range of connected devices

By Rian Boden • 22 February 2016 • Updated 18 January 2019

Visa is expanding its Visa Ready certification program to include Internet of Things (IoT) companies such as manufacturers of wearables, automobiles, appliances and clothing so that secure payments can be added to a wider range of connected devices, the payment network has announced at Mobile World Congress. More

What's New in Payments

Apple Pay accounts for 68% of all in-store mobile payments in US

By Rian Boden • 20 October 2015

Apple Pay is used for more than two thirds (68%) of all in-store mobile payments in the US, research from Accenture reveals, and the number of North Americans aware of mobile payments has increased by nearly 10 percentage points since last year, reaching 52%... More

Three in four consumers interested in using alternatives to passwords online

By Rian Boden • 24 July 2015 • Updated 22 September 2022

One in six consumers find usernames and passwords “cumbersome” and 77% are interested in using alternatives to protect their security on the internet, research from Accenture reveals... More

What's New in Payments

Pizza Hut could let customers order and pay for pizza from their cars

By Rian Boden in Barcelona • 4 March 2015 • Updated 18 January 2019

Pizza Hut is testing a proof-of-concept “connected car” system that would let its customers order and pay for pizza from their vehicle before identifying themselves when arriving at the restaurant through Bluetooth beacons placed in designated parking bays... More

What's New in Payments

40% of North Americans use mobile payments

By Rian Boden • 3 November 2014

40% of US and Canadian consumers have now used their smartphone to make a payment at a merchant location, up from 16% two years ago, according to Accenture’s 2014 North America Consumer Payments Survey... More

Washington Metro to test NFC payments in 2015

By Rian Boden • 23 June 2014 • Updated 24 June 2014

Washington Metro (WMATA) is preparing to pilot NFC payments, allowing passengers to pay for their journey with an NFC smartphone or a contactless bank or ID card... More

NFC World

Accenture offers NFC wallet

By Sarah Clark • 24 February 2014 • Updated 27 January 2019

Accenture has introduced a mobile wallet platform that supports payments in stores via both NFC and QR as well as peer-to-peer payments, transport, loyalty and gift cards... More

NFC World

Chicago and Washington to get NFC tickets

By Rian Boden • 15 January 2014 • Updated 27 January 2019

A CTA brown line train leaves Madison/Wabash station in the Chicago loop

Public transportation users in Chicago and Washington DC will be able to use their NFC phones to purchase tickets in the coming years, the cities’ transportation authorities have announced... More

NFC World

Avanade unveils interactive shopping with NFC, augmented reality and Kinect motion sensing

By Karl Dyer • 27 March 2013 • Updated 6 February 2019

The Microsoft- and Accenture-owned IT company’s new solution allows consumers to select items promoted on interactive screens and then “drag and drop” them into their mobile phone using simple hand gestures, to collect detailed information about a product or add it to a shopping basket. More

NFC World

GSMA reports on NFC Experience at MWC

By Karl Dyer • 6 March 2013 • Updated 27 January 2019

More than 10,000 Mobile World Congress 2013 attendees tried out the NFC Experience at this year’s event. “We can probably improve a few things regarding the ergonomics,” the GSMA’s head of NFC has told NFC World, “but overall it went smoothly.” More

NFC World

NFC news in brief • 3 May 2011

By Christopher Brown • 3 May 2011 • Updated 4 February 2019

News in brief from the NFC world and beyond: New online NFC store • eBay buys hyperlocal ads firm • Connecthings launches reader/writer app • Google’s Groupon rival hits Portland • Chase offers chip and pin in US • Visa and Gap working on real-time mobile discounts • Nokia to transfer Symbian jobs • and a brace of research reports… More

NFC World

Survey shows consumers will adopt mobile payments, despite security fears

By Sarah Clark • 18 February 2011 • Updated 23 September 2022

Almost half of the most active mobile device users around the world would be prepared to pay for goods and services using their phones, despite only one in four in the US and Europe trusting the new technology... More

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18 news stories.

OpenWallet Foundation announces 37 backers for open source digital wallet project

Linux Foundation launches open source digital wallet project

Swift and Accenture lay out requirements for cross border CBDC payments infrastructure

Accenture issues $280bn payments revenue warning to banks

Nine out of 10 commercial banks exploring blockchain for payments, survey finds

Mobile payments awareness up in North America, but usage remains flat

Visa expands Visa Ready Program to wider range of connected devices

Apple Pay accounts for 68% of all in-store mobile payments in US

Three in four consumers interested in using alternatives to passwords online

Pizza Hut could let customers order and pay for pizza from their cars

40% of North Americans use mobile payments

Washington Metro to test NFC payments in 2015

Accenture offers NFC wallet

Chicago and Washington to get NFC tickets

Avanade unveils interactive shopping with NFC, augmented reality and Kinect motion sensing

GSMA reports on NFC Experience at MWC

NFC news in brief • 3 May 2011

Survey shows consumers will adopt mobile payments, despite security fears