What's New in Payments

Bank of America to issue contactless cards in New York, Boston and San Francisco

BofA jumps on tap-to-pay bandwagon as NYC’s subway moves forward — Bloomberg — “The lender will send 4m contactless cards this month to customers in New York, Boston and San Francisco who have Visa debit or credit cards… It plans to measure usage in those markets before deciding on a broader rollout at the beginning of next year.”


Transit Ticketing Today

Boston to begin move to contactless ticketing ‘in late 2019’

T automated fare collection system expected to be completed by May 2021 — Curbed — “The Massachusetts Bay Transportation Authority expects to complete the T’s switch to an automated fare collection system by May 2021, but will begin rolling it out on a limited basis in late 2019… Riders will use a fare card, a smartphone app, or a contactless card to tap and board. Riders will be able to reload the fare cards and apps online and at vending machines in all T stations and at select bus stops.”


Transit Ticketing Today

Boston to introduce NFC and contactless transit ticketing

Paying for a ride on the T could look very different in three years — Metro — “The MBTA on Monday moved towards overhauling its fare collection system to eliminate cash from its trolleys and buses and to give riders the ability to pay onboard with a credit card or smartphone… Riders will no longer be able to pay with cash on buses or the Green Line, eliminating transactions that cause delays and frustration for other passengers.”


What's New in Payments

Apple Pay violates patents held by security technology inventor, lawsuit alleges

Apple Pay violates patents held by security technology inventor, lawsuit alleges — The New York Times — “A small Boston company, founded by the inventor of a popular corporate encryption technology called RSA SecurID, sued Apple and Visa on Sunday, arguing that the Apple Pay digital payment technology violates its patents.”



Residence Inn trials augmented reality

Hotel chain Residence Inn by Marriott is to pilot image recognition and augmented reality technology that will allow guests to scan beverage coasters to access interactive experiences, including games and food and drink suggestions, on their smartphones... More


What's New in Payments

Hailo reports on BLE payments in taxis

Hailo

Pay with Hailo, a service that uses Apple’s iBeacon technology to let users of the Hailo taxi hailing app pay drivers with their smartphone, is experiencing “steady growth”, Naoise Irwin, the company’s VP of strategic initiatives, has told NFC World+ — and Hailo now plans to roll out the service across its growing international network... More


Robin raises funds for BLE in the office

Boston startup Robin has closed a US$1.4m seed funding round to expand and develop a solution that uses iBeacons and Bluetooth Low Energy (BLE) to let workers interact with the office space around them... More



NFC World

SMEs get Isis SmartTap

Payment services provider Merchant Warehouse has integrated Isis SmartTap into its Genius Customer Engagement Platform, enabling small and medium sized businesses to process NFC payments and deploy customized offers to new and prospective customers via the Isis Mobile Wallet... More