The governments of Hong Kong and Macau are to stimulate consumer spending by distributing digital payment vouchers that residents can store in their mobile wallets or on a prepaid smartcard and then use to make purchases from retailers and other local businesses... More
Coronavirus
US Army looks to replace plastic ID cards with biometric authentication
The US Army is aiming to introduce a biometric identification and access control system at military facilities to replace its current smartcard-based Common Access Card (CAC) and reduce the risk of transmitting Covid-19 through the handling of physical cards... More
NFC-enabled smart bandage aids healing, could detect Covid-19 symptoms, researchers say
Researchers at the University of Glasgow have developed a smart bandage incorporating wireless sensors and an NFC tag that can monitor a patient’s temperature and skin strain level, apply pressure to help a wound heal and transmit data to healthcare providers via a smartphone app... More
More than 100m Americans to make an in-store mobile payment in 2021
The number of American consumers using their smartphone to make in-store mobile payments will reach 101.2 million in 2021 following a 29% increase in usage during 2020, according to an eMarketer forecast... More
GSMA reports ‘dramatic acceleration’ in mobile money transactions
The number of registered mobile money accounts globally grew by 13% in 2020 to reach a total of more than 1.2bn, according to research by the GSMA... More
Thai and Vietnamese central banks roll out cross-border QR payments
The Bank of Thailand and the State Bank of Vietnam have launched an interoperable cross-border payments system that will enable Thai visitors to Vietnam and Vietnamese visitors to Thailand to make QR code-based payments for goods and services using their mobile banking app... More
European Central Bank reports growth in demand for cash during pandemic
The total value of euro banknotes in circulation rose during the Covid-19 pandemic from €1.3tn (US$1.5tn) at the end of 2019 to €1.4tn (US$1.7tn) at the end of 2020, the European Central Bank (ECB) reports... More
EU citizens to get digital vaccination certificates they can display on their mobile phone
European Union residents will be able to confirm that they have been vaccinated against Covid-19, received a negative test result or recovered from the illness using an EU-wide Digital Green Certificate by the summer, according to a legislative proposal issued by the European Commission... More
Sweden to introduce NFC vaccine certificates
Residents of Sweden will be able to store a digital certificate proving they have been inoculated against Covid-19 on their mobile phone or access their certificate via an NFC sticker attached to their passport by the beginning of June, the Swedish government has announced... More
Care home pilots biometric digital health passport
Staff at the Warren Manor care facility in Blackpool in the UK are piloting a digital passport that enables them to verify their Covid-19 vaccination, test or recovery status when they arrive at their workplace by scanning their finger... More
Israel rolls out vaccine certification app
Israeli citizens who have received two doses of Covid-19 vaccine or recovered from the illness can now prove their status using a government-issued Green Pass vaccine certification app on their mobile devices... More
UBS forecasts widespread adoption of biometric payment cards
Biometric payment cards containing a built-in fingerprint sensor could generate more than US$5bn in global banking revenue and account for 15% of the market by 2026, according to a forecast by analysts at Swiss bank UBS... More
Estonia partners with World Health Organization for digital vaccine passport pilot
Estonia is to test digital vaccine passports that will enable residents to prove they have been inoculated against Covid-19 as part of a project to create a globally recognised electronic certification programme... More
Central Bank of Iran to introduce NFC mobile payments
The Central Bank of Iran (CBI) has announced plans to introduce NFC contactless payments in the country, enabling consumers to upload their bank card information to their mobile phone and use their device to make in-store purchases at the point of sale... More
Chinese consumers now make three mobile payments every day
Chinese consumers made an average of three mobile payments a day during 2020, while 98% of the Chinese population consider mobile payments to be their most frequently used transaction method, an increase of five percentage points on last year, a new survey reveals... More
Denmark and Sweden to introduce digital vaccine passports
The governments of Denmark and Sweden have both announced that they are to develop and introduce digital vaccine certificates that will enable residents to prove they have been inoculated against Covid-19... More
Covid-19 pandemic cuts demand for plastic cards
The total value of the global plastic cards market has fallen by US$3bn over the course of the Covid-19 pandemic, with the number manufactured worldwide falling by 19.7% from 37.1bn in 2019 to 29.8bn in 2020, according to the International Card Manufacturers Association (ICMA)... More
FCA proposes increase in UK contactless spending limit
The UK’s Financial Conduct Authority (FCA) is proposing to increase the limit for single contactless payments in the country from £45 (US$62) to £100 (US$137) and the limit for cumulative contactless transactions from £130 (US$179) to £200 (US$274)... More
Survey reports on consumer attitudes to using mobile apps for transit ticketing
Nearly one in two Americans (46%) are most likely or definitely interested in mobile payment options for public transit ticketing “for a safer mass transit journey”, a survey of consumers in 28 countries around the world has found... More
American Airlines launches mobile health passport for passengers travelling to the USA
International passengers arriving at US airports on American Airlines flights can now verify that they have had a negative Covid-19 test before travelling via a digital health passport on their mobile phone... More