PARTNER NEWS: Antelop Solutions has introduced a new solution that makes it possible for banks and card issuing processors to use a single software development kit to add all the very latest digital card features to their mobile banking apps... More
The European Union has confirmed that it plans to introduce an EU-wide digital wallet that will enable all EU citizens to link their national digital identity with other personal attributes including their driving licence, diplomas and bank account details and store them on their mobile phone... More
The European Union is set to reveal plans for a digital wallet that will enable citizens in all 27 member states to store identity documents such as their driving licence, payment details and passwords and to access a range of private and public services with a single online ID, according to a report in the Financial Times... More
Portuguese supermarket chain Continente has opened its first autonomous cashierless store in Lisbon, enabling customers to use a QR code generated in the company’s Labs app to access the shop and automatically pay for their purchases from their mobile phone without needing to scan their goods or use a checkout... More
Apple is seeking to recruit a business development manager to research and form partnerships with “strategic alternative payment providers”, launch “new programs” and contribute to “business strategy and product roadmaps for the growth of Apple Pay and Wallet Services”, a job advertisement posted by the company reveals... More
PARTNER NEWS: Market Pay is enabling merchants to use a standard Android NFC smartphone or tablet to accept contactless payments at the point of sale without needing any additional hardware... More
Ensuring that central bank digital currencies (CBDCs) are interoperable and integrated with existing payment infrastructures are among the key requirements for their successful implementation in cross border transactions, according to a joint paper published by Swift and Accenture... More
The National Bank of the Republic of Kazakhstan has published a public consultation document as part of its plans to develop and pilot a central bank digital currency (CBDC)... More
Consumers in the Bahamas will be able to use mobile wallets integrated with the country’s Sand Dollar “like an ATM” and transfer the central bank digital currency to their wallet directly from their bank account, the governor of the Central Bank of The Bahamas, John Rolle, has said... More
Consumers may soon be able to personalise the payment cards stored in their digital wallets by uploading their own pictures or images of their favourite sports teams, charities and retail brands to them... More
Mastercard is seeking a role in the development of China’s central bank digital currency (CBDC) by supporting the use of the digital yuan for cross-border transactions and its conversion to and from foreign currencies, according to South China Morning Post (SCMP)... More
Apple Pay has rolled out in Israel with support for Visa, Mastercard and American Express cards issued by nine major Israeli banks and credit card companies, according to local media outlets... More
The People’s Bank of China (PBOC) and the Industrial and Commercial Bank of China (ICBC) have unveiled prototype hardware devices that support the use of the digital yuan central bank digital currency (CBDC) across a range of different use cases... More
Consumers in the South Korean province of Gyeonggi-do will soon be able to make mobile payments using local currencies issued by 28 cities and counties across the region using a local currency easy payment platform... More
Norway’s central bank Norges Bank is to test “various technical solutions for a central bank digital currency (CBDC) over the next two years”, the bank’s CBDC working group has announced in its third project report... More
Apple Card users in the US will soon be able to add other family members to their card account and allow them to build their credit ratings together, as well as jointly track purchases and manage spending... More
Octopus users in Hong Kong will soon be able to pay for public transport fares in more than 300 cities in mainland China with a new physical transit card to be launched “by the end of this year or early next year”, according to a South China Morning Post (SCMP) report... More
PARTNER NEWS: Opera has selected Antelop Solutions as a long-term digital payments partner, enabling users of its new Dify in-browser cashback and digital wallet app to activate a Dify digital debit card in Google Pay and use it to make NFC payments in stores... More
More than two-fifths (43%) of Europeans rank privacy as the most important feature of a digital euro central bank digital currency (CBDC), with 18% citing security, 11% the ability to pay across the eurozone, 9% the lack of additional costs and 8% offline usability, according to a European Central Bank (ECB) survey... More
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
