What's New in Payments

Mastercard pilots blockchain product provenance platform

Mastercard enables luxury shoppers to purchase with confidence — Mastercard — “Consumers will be able to shop the exclusive Rodarte pieces at Fred Segal Sunset with the ability to scan a QR code on the garment’s tag to trace each step of the product journey. Consumers who purchase from Fred Segal’s online store can learn more about the product journey and verify authenticity by scanning the QR code when their package arrives at home.”


NFC World

Amorim adds NFC to cork bottle stoppers

Amorim combats counterfeiting with NFC-enabled corks — The Spirits Business — “Leading cork producer Amorim has released a new range of bartop stoppers, which incorporate near field communication (NFC) technology to tackle counterfeiting… NFC-enabled phones will be able to access additional information such as serving and mixing suggestions, product information, promotional campaigns and competitions.”












NFC World

Rémy Cointreau to include NFC tags in Louis XIII crystal decanters

The Louis XIII cognac decanter has an NFC tag built into its stopper

Rémy Cointreau is to integrate an NFC chip into the cork stopper of all the decanters produced by its Louis XIII luxury cognac brand to make it easy for buyers to register their purchase and become a member of the Louis XIII Society, a private club “where members can enjoy exclusive content, unique experiences and personalized services through their smartphones.”... More



What's New in Payments

Rambus explains how online merchants can use card-on-file EMV tokenization to reduce fraud and improve the online payments experience

Covershot: What is card-on-file EMV tokenization?

Card-on-file EMV tokenization, where primary account numbers (PANs) stored in a card-on-file database are replaced with payment tokens that can be restricted to a specific retailer, offers online merchants a way to both increase security and create a near frictionless buying experience, Rambus explains in a new ebook which is available to download from the NFC World Knowledge Centre... More



What's New in Payments

One in five organizations say they have experienced a payments data theft in the last year

One in five organizations has experienced payments data theft over the past 12 months — ACI Worldwide — “36% of organizations believe they are at a greater risk of data breach than a year ago. 44% agreed with the view that: My company would not invest in fraud solutions that add friction to the customer experience.”


What's New in Payments

Samsung partners with Grab for mobile payments in south-east Asia

Grab and Samsung sign MOU to drive digital inclusion in south-east Asia — Samsung — “Grab and Samsung will work together on a wide range of initiatives to bring the benefits of technology, such as enhanced customer experiences and improved income opportunities, to millions of consumers and Grab driver-partners across south-east Asia… The two companies will also work together to expand into south-east Asia’s fragmented mobile payments ecosystem and provide a mobile payments solution that will serve the needs of consumers in south-east Asia.”


What's New in Payments

Mastercard to add biometric security to online transactions in Europe

Mastercard establishes biometrics as the new normal for safer online shopping — Mastercard — “Consumers will have the capability to use biometrics, such as fingerprints or facial recognition, as a way to identify themselves when they shop and pay with Mastercard as of April 2019… This shift to biometrics is part of Mastercard’s new action plan to help banks, retailers and partners to prevent fraud and improve the consumer experience in the new digital environment. It also meets new regulatory requirements around Strong Customer Authentication set out by PSD2 and is aimed at ensuring a smoother consumer experience and reducing unjustified declines.”