Apple to add support for NFC car keys?
Evidence of a new feature that will make it possible to use an iPhone or an Apple Watch as a car key has been spotted in the first beta version of iOS 13.4, which was released to developers yesterday... More
API
Visa CEO shares contactless, tokenization, transit and secure remote commerce adoption data
Data on the latest adoption rates for contactless transactions, tokenization, transit payments and secure remote commerce has been made available by Visa CEO Al Kelly — along with details of the revenue model to be used by Plaid, which Visa is to acquire for $5.3bn... More
Google to sunset Payment Request API
Rethinking Payment Request for iOS Chrome — Google — “The best way to enable more seamless and secure payments on the web is to enable an interoperable ecosystem, where digital wallets can bring their best experience to the web. This means shifting focus to the Payment Handler API, which is an emerging W3C standard that allows third party payment handlers, which can be either native mobile apps or progressive web apps, to integrate with the browser to handle Payment Requests… This shift in focus means that we will eventually sunset Chrome’s built-in ‘basic-card’ payment handler.”
India’s Icici Bank launches open banking portal
Icici Bank launches India’s largest API banking portal with nearly 250 APIs — Icici Bank — “The Icici Bank API Banking portal, which consists of 250 APIs, enables developers of prospective partner companies across the globe to seamlessly sign up on it, create an application, select the application, test it out and get the sample code. With this, businesses, fintechs, corporates and e-commerce start-ups can easily partner with the Bank and co- create innovative customer solutions in a frictionless manner, all from the convenience of a single portal.”
JPMorgan Chase to tokenize open banking permissions
JPMorgan Chase, Envestnet l Yodlee sign agreement to increase customers’ control of their data — JPMorgan Chase & Co — “Envestnet I Yodlee is committing to send 100% of its requests for Chase customer data through the bank’s secure API (application programming interface). This will ensure the apps can receive Chase customer data they need while customers control what’s shared with whom…. Because the secure API uses a token-based approach, customers will no longer need to give out their username and password.”
Google explains the benefits of its Biometric API
One Biometric API over all Android — Google — “In addition to supporting multiple biometric authentication form factors, the API has made it much easier for developers to check whether a given device has biometric sensors… In addition, the framework has built-in support for facial authentication in Android 10 so that vendors don’t need to create a custom implementation.”
Visa unveils next generation payments platform
Visa is inviting issuers and processors to explore a new payments platform designed to “turn the transaction on its head” and “unlock an entirely new world of possibility when it comes to accessing, accruing and saving money”... More
Swift to let merchants offer instant bank loans to online shoppers
Swift publishes new ‘Pay Later’ API standard — Swift — “By selecting Pay Later at the point of purchase, customers are provided with available loans from their banks; they can then select and initiate a loan, knowing that the funds can immediately be credited to the merchants and items dispatched. By offering the Pay Later option, merchants are in turn able to offer a wider variety of purchase options and to reach a wider consumer audience, whilst still ensuring surety of payment.”
UnionPay offers access to payments APIs
UnionPay International gives global developers access to its APIs — UnionPay International — “UnionPay International is providing three types of services via UPI Developer: First, offer open access to its major APIs. Developers now have access to the APIs of 18 of UnionPay’s most popular payment and data services, including QR code payment and Token. Second, offer a combination of multiple APIs to provide partners with one-stop payment solutions, assisting them in both product developing and commercial application. Third, offer diverse technical support services, including technical documentation, technical guidance and product testing and certification.”
Google includes custom security chip in Pixel 3 smartphones
Google’s latest Pixel 3 smartphones include a new “enterprise-grade” security chip that provides a range of features designed to increase the security of applications that make use of sensitive data, Google has revealed... More
Standard Chartered unveils IoT payments platform that automatically triggers a payment when a connected product arrives at a destination
Standard Chartered has announced that it is working on a new type of payments solution that “could revolutionise the way corporates communicate with banks for financing or payments.”... More
Google releases Android 9 Pie with added NFC, secure element, TEE and biometric security
Google has begun rolling out Android 9 ‘Pie’, the latest version of its mobile operating system which includes support for GlobalPlatform’s Open Mobile API, a new BiometricPrompt API, and added NFC and Trusted Execution Environment (TEE) security techniques... More
Stripe unveils DIY mobile and physical card issuing platform
An API for creating cards and new business models — Stripe — “Stripe Issuing is an end-to-end platform for quickly creating, distributing, and managing physical and virtual cards… Stripe Issuing is certified directly with all major card networks as an issuing processor, which ensures reliability and rapid feature releases. It includes support for Apple Pay and Google Pay, allows programmatic dispute handling, and provides real-time authorization hooks.”
Google explains how its BiometricPrompt API will work
Better biometrics in Android P — Google — “Starting in Android P, developers can use the BiometricPrompt API to integrate biometric authentication into their apps in a device and biometric agnostic way… A support library is also provided for devices running Android O and earlier, allowing applications to utilize the advantages of this API across more devices.”
Antelop adds Visa Token Service certification to its white label mobile wallet platform for banks and card issuers
PARTNER NEWS: Antelop Solutions has received certification from Visa as a Token Requestor-Token Service Provider (TR-TSP), enabling banks and card issuers to use its white-label multi-scheme SaaS solution to launch their own NFC mobile payment solutions based on Visa Token Service (VTS)... More
Valitor picks Dejamobile to offer mobile payments and branded mobile wallets to clients
PARTNER NEWS: Payment solutions provider Valitor is to use Dejamobile’s cloud-based payments platform to provide its clients with the ability to add mobile payments and a branded mobile wallet to their services... More
Challenger banks add location-based payments to mobile apps
UK banks are trying out location-based P2P payments — Tearsheet — “On Friday, Revolut introduced a feature called ‘Near Me’ which lets its customers find other Revolut customers using the same feature and send them money without knowing their contact details. On Monday, Monzo rolled out a capability called ‘Nearby Friends’… When the user opens Nearby Friends, Monzo generates a token representing the user through its API, which is then sent to Google Nearby through Bluetooth on the user’s device to ‘broadcast’ it to other Monzo apps within a 90-foot radius.”
Google Pay adds support for NFC tickets and boarding passes
Google Pay gains support for event tickets and boarding passes — VentureBeat — “Companies that integrate with Google Pay’s API — such as Ticketmaster — can enable their customers to save tickets directly to their phone by hitting the ‘Save to phone’ button after the checkout… Instead of having to open the Google Pay app or scan QR codes, fans will be able to simply hold their phone up to an NFC reader at the check-in to gain admission.”
Google includes biometric prompt API in Android P
What’s new in Android P Beta — Google — “Apps can use the new BiometricPrompt API instead of displaying their own biometric auth dialogs… In addition to supporting fingerprints (including in-display sensors), it also supports face and iris authentication, providing a system-wide consistent experience.”
GlobalPlatform adds biometric security APIs
GlobalPlatform secures biometric authentication and enriches trusted user interaction — GlobalPlatform — “These new APIs enable trusted applications to leverage the device’s biometric sensors, while staying fully isolated from the device OS… Service providers and application developers now have a direct path to provide users with a richer and safer authentication experience and, importantly, to offer trusted biometric authentication that is secured in the hardware of the device’s Trusted Execution Environment (TEE).”
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