A 26-page white paper that explores tokenization, how it is implemented and the role of token service providers (TSPs), token vaults and token domains is now available to download from the NFC World+ Knowledge Centre... More
EMV
Proxama makes the case for digital PIN delivery
A white paper that examines the advantages of using new, digital PIN delivery mechanisms to replace traditional PIN mailers is now available to download from the NFC World+ Knowledge Centre. More
American Bankers Association calls for tokenization and biometrics
The American Bankers Association’s Card Policy Council is calling for all consumer-facing industries to implement the latest payment protection technologies, including EMV chip cards, tokenization and biometrics... More
Visa to end support for alternate PANs in cloud-based payments
Visa has updated its cloud-based payments specifications to include a requirement for issuers to migrate from alternate PANs to tokenization, NFC World has learned... More
US EMV adoption slower than expected
Some 37% of US merchant locations are now EMV-ready, according to management consulting firm The Strawhecker Group (TSG)... More
Nearly 1bn to use NFC payments by 2019
A total of 1.09bn people will be making mobile proximity payments globally by 2019, of which 939.10m will be made through NFC, Ovum’s new m-payments forecast reveals. The total transaction value of mobile proximity payments will grow from US$4.77bn to $141.21bn over the same time period. More
Mobile payments face “substantial hurdles” in 2016, says Atlanta Fed
Limited merchant acceptance points, fragmentation and consumer concerns over security and privacy will remain “substantial hurdles” to mobile payments at the physical point of sale in 2016, according to analysts at the Federal Reserve Bank of Atlanta... More
Bell ID to support Android Pay integration
PARTNER NEWS: Bell ID has added support for Android Pay to its Token Service Provider (TSP) solution, allowing its customers at issuing banks, payment schemes and processors to keep tokenization and detokenization in-house when they offer secure NFC payments on Android phones using Google’s payment system. More
Proxama joins the NFC World partner program
NFC World is pleased to welcome NFC and mobile payments pioneer Proxama as a member of its partner program... More
US EMV shipments to hit 617m units in 2016
EMV shipments in the US will reach approximately 617m units in 2016, ABI Research predicts... More
Contactless travel on every UK bus by 2022?
Contactless travel could be in place on every bus in Britain by 2022 under a multi-million-pound plan being developed by five major bus operators. Stagecoach, First Bus, Go-Ahead, Arriva and National Express are working together to produce a business case which is expected to be completed by late spring 2016. More
NXP unveils NFC frontend for contactless payment readers
PARTNER NEWS: NXP has launched a new NFC frontend for contactless payment readers that simplifies the work needed to gain certification and delivers four times more output power than its previous model... More
One in three card transactions now EMV
One in three of all card-present transactions made globally between July 2014 and June 2015 used EMV chip technology, research from EMVCo shows... More
NFC Forum pushes for NFC at the point of sale
A six-page white paper that explores whether US retailers are prepared to make the most of the shift to EMV and mobile payments is now available to download from the NFC World+ Knowledge Centre... More
One in five US consumers have used an EMV card
21% of US consumers have now used an EMV card, with the highest adoption rates among 25-34 year olds (25.3%), research from Harbortouch shows... More
BBVA Bancomer deploys time-based dynamic CCV/CVC in mobile wallet
PARTNER NEWS: Mexican bank BBVA Bancomer has become the first to make use of digital giant Gemalto’s Dynamic Code Verification solution. The solution replaces traditional, static three-digit security codes with a dynamic CCV/CVC that changes every 20 minutes. More
Swipp contactless payment opens up to 30,000 Danish merchants through Verifone deal
More than 30,000 Danish merchants using Verifone POS devices will now be able to accept in-store mobile payments through Swipp — a service owned and supported by a consortium of more than 70 banks. This will be made possible via a “minor upgrade” to their existing terminals and “a number” of locations are expected to go live from December 2015, according to Swipp. More
Coin launches cashback incentive
US connected device maker Coin is piloting a rewards program that gives users of its EMV-ready electronic magnetic stripe card cashback benefits at retail locations across the Bay Area... More
Gemalto assesses the mobile payments landscape
A 24-page white paper designed to give banks, processors, OEMs, retailers and other issuers a clear overview of the evolving world of mobile payments is now available to download from the NFC World Knowledge Centre. More
Kona unveils customizable payment platform that supports cards, tokens, NFC, HCE and wearable devices
PARTNER NEWS: South Korean smart card provider Kona has unveiled the Kona Payment platform, a customizable, end-to-end solution for card issuers that supports tokenization, physical cards, mobile payments via both HCE and SIM-based secure elements, and wearable devices... More