Some 43% of small business owners in the US are familiar with EMV cards, Capital One’s Spark Business Barometer has found, but just a third (34%) of those were accepting EMV cards as of August 2015... More
Capital One
60% of US cards to support EMV by year end
Six in ten US payment cards (60%) will include an EMV chip by the end of 2015, research from the Payment Security Task Force shows, and that number will grow to 98% by the end of 2017... More
Google launches Android Pay in the US
Google has begun rolling out its Android Pay mobile payment platform across the US today. In-store NFC mobile payments using the system will be possible at more than one million locations within the next few days, with in-app payments and loyalty expected later this year. More
Google and Samsung sign up to MasterCard Digital Enablement Express
Google and Samsung are among the first digital partners to join MasterCard’s newly launched Digital Enablement Express program which aims to speed up the process of digitizing and tokenizing MasterCard accounts through the MasterCard Digital Enablement Service (MDES) that was launched in September 2014... More
Almost one in six US consumers are using mobile wallets
Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% are likely to adopt mobile wallet functionality in the coming six months, a study released by market research and consulting firm Chadwick Martin Bailey has found... More
ClearXChange offers real-time payments
US bank-led digital payments network clearXchange’s real-time payments system is now available to all member financial institutions, allowing real-time transfers to take place within the same bank or bank to bank... More
Neiman Marcus rolls out QR payments
Luxury fashion retailer Neiman Marcus has launched a mobile wallet in partnership with Capital One to let its customers make in-store payments using their mobile phone and a preloaded credit card... More
Capital One founder hails Apple Pay “breakthrough”
Apple Pay is a “very important breakthrough”, Capital One founder and CEO Richard Fairbank has told analysts during the card issuer’s third quarter earnings call... More
Visa details Apple Pay setup process
iPhone 6 and 6 Plus users with Visa cards issued by Bank of America, Capital One, Citi Bank, Chase and Wells Fargo Bank will be able to use Apple Pay in stores from launch on 20 October, Visa says. More
iPhone 6 to ship with NFC and support for Apple Pay mobile payments
UPDATED The new iPhone 6 and iPhone 6 Plus will include support for NFC, Apple has announced. The NFC functionality will let users make Apple Pay mobile payments in stores. More
US to get 575m chip cards next year
More than 575million EMV payment cards will have been issued by the end of 2015 by nine leading US card issuers who are members of the Payments Security Task Force (PST), an organisation set up in March 2014 “to drive executive level discussion that will enhance payments system security”... More
MasterCard backs host card emulation for NFC payments
MasterCard is to publish a new specification during the first half of 2014 that uses host card emulation (HCE) for NFC mobile payments — avoiding the need to have access to a secure element on a customer’s mobile phone — and is already testing the technology with Spain’s Banco Sabadell and Capital One in the US... More
Capital One exits Isis pilot
Capital One, one of Isis’ three founder card issuers, is pulling out of the NFC venture’s pilot tests... More
Isis releases Utah mobile payments usage stats
Active users are now paying with Isis five or more times a week, says Jim Stapleton, the NFC payments platform’s chief sales officer. “Consumers actually only need to know about the passcode, and you kind of have a mental ‘Oh!’ right there as they realize their leather wallet does not have a passcode,” he explained. More
Isis launches NFC in Austin and Salt Lake City
From today, customers of AT&T, Verizon and T-Mobile with an NFC phone can collect an Isis-enabled SIM from any of the carriers’ stores in the two pilot cities. More
Isis releases video tutorials
The US NFC payments venture has produced a series of educational videos, designed to show consumers how to use the Isis Mobile Wallet in stores and how to add cards and offers, as it moves towards pilot launches in Austin and Salt Lake City. More
Isis announces first banking partners: Chase, Capital One and Barclaycard US sign up
The three card issuers’ 100 million customers will be able to store a full range of credit, debit and prepaid cards, as well as loyalty cards and special offer coupons, on their NFC mobile phones. More
NFC news in brief • 29 Nov 2010
News in brief from the NFC world and beyond: PingPing adds Coca-Cola • Indian banks offer mobile payments • GSMA investigates embedded SIMs • VeriFone buys Hypercom • Brands test Google Goggles • 500m to use mobile medical apps by 2015 • CPI hits 100M contactless cards • and more… More
