NFCW EXPO: Fidesmo, a contactless platform provider that makes it possible for issuers to connect payment, transit ticketing and access control cards to a wide range of both passive and active devices, has opened a booth in the NFCW Expo... More
Contactless
PBOC to launch third digital yuan trial in Shenzhen
The People’s Bank of China (PBOC) is to follow its pilots of NFC-based contactless digital currency payments with the distribution of a further 20m digital yuan (US$3.1m) in a third ‘red envelope’ lottery to be held in the city of Shenzhen... More
Global digital wallet spending to top $10tn in 2025
The total value of digital wallet transactions globally will reach more than US$10tn in 2025, according to Juniper Research, “with over 34% of mobile handsets set to use contactless payments in 2025, up from 11% in 2020.”... More
Nine in ten UK in-store card payments are now contactless
Nine in ten card payments made in UK stores during 2020 (88.6%) were contactless and the average contactless user made 141 transactions worth a total of £1,640 (US$2,241) over the course of the year, according to Barclaycard... More
Moscow to complete contactless ticketing rollout by end 2021
The city of Moscow will complete the modernisation of its integrated contactless ticketing system across all transit networks by the end of 2021, its deputy mayor for transport Maksim Liksutov has announced... More
Paris adds support for iPhone transit card top ups
Apple iPhone users travelling on public transport in the greater Paris region can now pay for daily, weekly and monthly travel passes and single-use tickets with Apple Pay and load them onto their physical Navigo transit card from their smartphone... More
One in three Indian households now use digital payments
A third of Indian households across a range of income groups now use digital payment methods, but “this can easily go up to 50% given high desire to use,” research from the National Payments Corporation of India (NPCI) and People Research on India’s Consumer Economy (PRICE) reveals... More
China unveils plan to build a global payment network based on central bank digital currencies
China’s Blockchain-based Service Network (BSN) has revealed plans to develop a universal digital payments network (UDPN) based on standardised procedures for international transfers and payments with and between central bank digital currencies (CBDCs)... More
Samsung unveils ultra wideband Smart Tags
Owners of Samsung Galaxy smartphones will soon be able to attach Bluetooth low energy (BLE) or ultra wideband (UWB) tags to items such as keys, bags and pet collars so they can use their phone to locate them quickly and easily... More
Hyundai to let drivers use their iPhone to unlock their vehicle
Hyundai is to let iPhone users lock and unlock their vehicles and control selected vehicle systems remotely with a digital key compatible with Apple devices... More
BBC Click showcases Tappy’s wearable contactless payments technology
PARTNER NEWS: The latest episode of the British public broadcaster’s popular technology series includes a segment on wearable payments that features a demonstration of how consumers can use Tappy’s technology to add a tokenized bank card to a wide array of contactless devices, including NFC-enabled watch straps, headphones, rings, lipstick holders and more... More
Antelop explains how token management solutions can help banks cut costs and improve their customers’ user experience
KNOWLEDGE CENTRE: Token management solutions that enable consumers to self-manage their digital cards from within their mobile banking app will provide issuers with the ability both to reduce customer service costs and improve customer experience, Antelop Solutions CEO Nicolas Bruley explains in a 22-minute webinar now available to view in the NFCW Knowledge Centre... More
Vaccine credentials coalition to develop interoperable digital Covid-19 passport
A coalition of technology and healthcare providers in the US has launched an initiative to develop a solution that will enable individuals to store and access their Covid-19 vaccination records in their digital wallet “in a secure, verifiable and privacy preserving way”... More
Samsung cuts US support for MST transactions on new Galaxy phones
Owners of Samsung’s new Galaxy S21 smartphones in the USA will not be able to make payments using Samsung Pay’s magnetic secure transmission (MST) technology... More
Fiat Chrysler to let drivers order and pay for Grubhub food deliveries from their cars
Owners of Fiat Chrysler vehicles equipped with the manufacturer’s Uconnect Market connected services platform will soon be able to order and pay for their favourite food and beverages from restaurants in 4,000 US cities via an app embedded in their in-vehicle touchscreen... More
UK to trial digital Covid-19 immunity and vaccination passports
UK residents are to take part in a pilot of a digital immunity and vaccination passport that enables them to use their mobile phone to disclose their Covid-19 test results or vaccination status without revealing their identity... More
Agricultural Bank of China pilots central bank digital currency ATMs
The Agricultural Bank of China has launched pilot ATMs that enable customers in Shenzhen to deposit and withdraw money in the form of digital yuan, the country’s central bank digital currency (CBDC)... More
Emirates NBD leverages NFC to verify the identity of new account holders
Customers of Emirates NBD in the Middle East, North Africa and Turkey are the first in the region to be able to verify their identity documents when they open a new account using an NFC-powered solution on the bank’s mobile banking app... More
Kenya to combine cashless payments with Covid contact tracing on Matatu minibuses
Passengers using Matatu minibus services in Kenya will no longer be able to pay their fares with cash once a digital fare collection system commissioned by the country’s National Transport and Safety Authority (NTSA) is rolled out... More
IATA to launch digital travel pass for contactless ID and vaccination verification
The International Air Transport Association (IATA) is to roll out a digital travel pass that will enable passengers to store verified identity documents such as their e-passport and verified Covid-19 test results or inoculation records on their iPhone or Android device... More