An “overwhelming majority” of US consumers (75%) say they most trust banks to keep their payments safe, an American Bankers Association survey has found... More
App
RBC reports strong uptake for HCE wallet, adds support for digital receipts, loyalty and gift cards
The Royal Bank of Canada (RBC) has trebled its mobile wallet user base since moving from a SIM-based model to host card emulation (HCE) six weeks ago, the bank’s head of payments innovation has told NFC World... More
Kona unveils customizable payment platform that supports cards, tokens, NFC, HCE and wearable devices
PARTNER NEWS: South Korean smart card provider Kona has unveiled the Kona Payment platform, a customizable, end-to-end solution for card issuers that supports tokenization, physical cards, mobile payments via both HCE and SIM-based secure elements, and wearable devices... More
MCX merchants to accept Chase Pay mobile payments
JP Morgan Chase has unveiled Chase Pay, a “closed loop network with access to credit and debit customers” that leverages the bank’s 94m debit, credit and prepaid card accounts, uses QR codes for mobile payments and will be accepted by all members of the MCX retailer-led mobile payments consortium. More
Citi tests ATMs that replace plastic cards with mobile phones, QR codes, NFC and iris scans
Citi has begun testing a screenless, cardless ATM concept developed by Diebold that lets customers make transactions using their mobile device instead of a plastic card and authenticate themselves using NFC, QR or an iris scan... More
Poynt raises $28m for smart POS terminal
Poynt, the POS maker founded by former Google Wallet lead Osama Bedier, has raised US$28m in a Series B funding round and announced that it has gained PCI PTS, PCI DSS and EMV certification for its device... More
Seamless adds HCE to Seqr mobile wallet
Customers using Seamless’ Seqr mobile payment solution will soon be able to make host card emulation (HCE) based NFC payments at any contactless terminal through the service’s integration with white label wallet provider MeaWallet... More
Meet NFC World’s partners at Money20/20
NFC World partners Bell ID, SimplyTapp, Carta Worldwide, Mahindra Comviva, Kona and Gemalto will be exhibiting at the Money2020 expo in Las Vegas from October 25-28... More
US banks pilot mobile wallet authentication and issuance at the ATM
PARTNER NEWS: ATM manufacturer Diebold has teamed up with HCE specialist SimplyTapp to offer banks a way to use their ATM network to add a layer of card present security to their mobile wallet provisioning process... More
Microsoft to launch mobile payments?
Microsoft is looking to relaunch Windows Wallet, a mobile payments app that stores credit cards and coupons for in-store and online payments through Windows devices, Microsoft’s Joe Belfiore has told The Verge... More
MasterCard to tokenize MasterPass
MasterCard is to integrate a fully tokenized checkout experience within its MasterPass service, leveraging its MasterCard Digital Enablement Service (MDES)... More
MCX adds ACH payments to CurrentC wallet
US retailer-led consortium MCX is to add ACH payments capabilities to its CurrentC mobile wallet, using technology developed by Buy It Mobility Networks (BIM)... More
Velocity Mobile picks up Tab
Restaurant payment app provider Velocity Mobile has acquired Tab Payments, a mobile payments app for diners in Canada accepted at more than 100 restaurants in Toronto and Montreal... More
Capital One adds NFC mobile payments to wallet app
Capital One has become the first US bank to enable NFC payment capability within its own mobile app to allow customers to pay at any contactless terminal using their mobile device... More
Ultracash launches sound-based mobile payment service in Bangalore
Bangalore-based Ultracash Technology Labs has launched a mobile payment service that lets consumers make payments at close to 500 merchants in the city using a high frequency sound-based technology... More
Calgary to get mobile ticketing app?
Commuters in the Canadian city of Calgary could soon pay for city services using their smartphones... More
Wincor Nixdorf to launch NFC ATMs
ATM manufacturer Wincor Nixdorf is launching an ATM that will allow customers to withdraw cash using an NFC smartphone or contactless card, or by scanning a QR code... More
VTB Bank launches HCE mobile payments in Georgia
VTB Bank in Georgia has launched a host card emulation (HCE) mobile payment service that will enable its customers to make payments by tapping their device against any contactless terminal accepting Visa PayWave... More
Singapore taxis add MasterPass mobile payments
Passengers who book one of 17,000 ComfortDelGro taxis in Singapore can now pay their fare using their mobile phone and MasterCard’s MasterPass... More
Optus expands NFC payments to prepaid customers
Australian carrier Optus has made its NFC mobile payment service available to prepaid customers, following its launch to postpaid customers in November 2014... More