99 news stories.
• Should LG be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should LG be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
The weekly volume of mobile wallet debit card transactions in the USA has increased by 70.3% compared with this time last year, while weekly mobile wallet credit card transactions have grown by 50.4% over the same period, according to the PSCU’s latest Tracking Transaction Trends report... More
LG has launched its LG Pay mobile payments service in the US, enabling owners of its G8 ThinQ smartphone to make payments via NFC in stores equipped with a contactless POS terminal — and in stores with a magnetic stripe terminal using Wireless Magnetic Communication (WMC)... More
LG applies for ‘ThinQ Wallet’ crypto wallet trademark in the US — Coin Telegraph — “According to the filing documents, the trademark is for services concerning transaction and settlement services, mobile banking, ‘issuance of cyber money’, and ‘payment application software for mobile phones’ among others. ThinQ is a brand first used for a smart refrigerator introduced by the company in 2011 at a consumer electronics show. Since then, multiple smartphones have been launched under the ThinQ brand.”
LG’s latest flagship uses your hand veins to unlock — TechCrunch — “LG says the phone’s Hand ID tech is the first to use ‘advanced palm vein authentication’ — which could well be accurate… LG’s Hand ID identifies owners by recognising the shape, thickness and other individual characteristics of the veins in the palms of their hands.”
LG to launch mobile payment system in US by June — Yonhap — “LG Electronics Inc said Tuesday it will launch its mobile payment system in the United States during the first half of this year in time with the release of its upcoming mobile phone… Based on the Wireless Magnetic Communication technology, LG Pay allows users to make payments by touching their smartphones to regular credit card devices… LG said it is considering launching its mobile payment system as LG Wallet in the US.”
Samsung Electronics and LG Electronics to introduce their new low-end smartphones at CES 2018 — ETNews — “Samsung Electronics and LG Electronics are going to introduce their new low-end smartphones at CES 2018… Galaxy A8 series are installed with Samsung Pay and fingerprint recognition…. K series are installed with a mobile payment system called LG Pay that is applied to premium smartphones such as G and V series. This is the first time when LG Electronics’ low-end lineup is applied with LG Pay.”
LG Pay to be used for low-budget smartphones next year — Korea Herald — “‘We will expand the use of LG Pay into low-budget smartphones alongside premium phones next year,’ Cho Jun-ho, president of LG’s mobile communication division said during a meeting with local bloggers on Friday… Cho said the use of LG Pay will expand into online stores and the global market, although he did not elaborate the specific date.”
LG’s mobile chief confident of payment tool — Yonhap News — “The head of LG Electronics Inc’s mobile business said Wednesday the company plans to release its mobile payment platform LG Pay overseas in the future, expressing strong confidence over the service… LG Electronics said 38.4% of the tool’s users were in their 30s as of end June, while the number of those in their 50s and 60s was quickly increasing.”
LG has announced the launch of its LG Pay mobile payments service in Korea, allowing consumers with the LG G6 smartphone to make mobile payments using the service’s Wireless Magnetic Communication (WMC) technology... More
LG Wallet trademark hints at an Android Pay rival — Techradar — “LG has applied to trademark the term LG Wallet in both the US and South Korea, describing it as ‘computer software, namely, electronic financial platform that accommodates multiple types of payment and debt transactions in an integrated mobile device’.”
LG plans to add facial recognition technology to its LG Pay mobile payments platform, according to The Investor... More
The Wireless Magnetic Communication technology being used for LG’s mobile payment service will allow consumers to pay with their phones in more places without having to change any of the point of sale terminals or re-educate merchants, technology provider Dynamics’ CEO has told NFC World. More
LG will launch its LG Pay mobile payments service in Korea in June this year using a mobile payment technology that works by “generating a magnetic signal from a mobile device such as a smartphone, and paying it to a general credit card terminal”. More
Luxury watchmaker Tag Heuer has unveiled the second generation of its connected watch range, powered by Google’s Android Wear 2.0 operating system and offering host card emulation (HCE) payments through Android Pay... More
LG will not launch its LG Pay mobile payments platform on the upcoming LG G6 device due to time constraints and the company may be abandoning its plans to launch the service altogether, South Korean publication Newsis reports... More
Google has officially unveiled Android Wear 2.0, the new version of its operating system for smartwatches, and two new watches from LG — one of which comes with NFC to support HCE mobile payments using Android Pay... More
Google is adding support for host card emulation (HCE) based NFC payments to smartwatches in Android Wear 2.0, the new version of its operating system for smartwatches which is scheduled to be released in early February 2017... More
Chinese mobile phone giant Huawei is to pre-load Amazon’s Alexa voice assistant on its flagship Mate 9 smartphone, which has now launched in the US, as Amazon bids for a leading role in the emerging voice-activated services market... More
Customers of Australian bank Westpac can now make mobile payments through Android Pay using their Mastercard debit and credit cards... More
LG Innotek has unveiled an all-in-one module that functions as both a front-facing camera as well as an iris scanner which could be built into LG smartphones scheduled to launch next year, Korean publication Digital Times reports... More