A five-page white paper that explains the advantages of NFC for in-home healthcare providers is now available to download from the NFC World+ Knowledge Centre... More
Fraud
Study reveals global views on payment data security
A 16-page study that presents findings from research into how companies approach payment data security is now available to download from the NFC World Knowledge Centre... More
UK consumers warm to biometric identification
More than half of UK consumers (54%) are willing to authorise payments using biometric technology, research from Experian 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
Four in ten US consumers plan to make an in-store mobile payment this holiday season
A total of 39% of US consumers surveyed by Research Now for Inside Secure say they plan to use their smartphone to make an in-store purchase during this holiday season, up from 33% last year. 17% of those who did not make a mobile payment last year say they plan to use a service like Apple Pay, Android Pay or Samsung Pay this year. More
UK banks warn against storing multiple fingerprints on iPhones
UK banks have reportedly warned Apple Pay users that if they store other people’s fingerprints on their iPhones, they will be treated as if they have failed to keep their personal details safe... More
US banks pilot mobile wallet authentication and issuance at the ATM
PARTNER NEWS: ATM manufacturer Diebold has teamed up with HCE specialist SimplyTapp to offer banks a way to use their ATM network to add a layer of card present security to their mobile wallet provisioning process... More
Gemalto tackles card-not-present fraud with dynamic CVV codes
PARTNER NEWS: Digital security giant Gemalto has launched Dynamic Code Verification, a payment security solution that replaces traditional, static three-digit security codes with a time-based dynamic CVV/CVC that changes every 20 minutes and can be displayed on a customer’s mobile device or a display-enabled payment card... More
Chevron to offer NFC mobile payments at the pump
Oil and gas company Chevron has teamed up with Visa to offer mobile payments at the pump at 20 locations in San Francisco and Silicon Valley from “later this fall”... More
Under half of US small businesses aware of EMV
Some 43% of small business owners in the US are familiar with EMV cards, Capital One’s Spark Business Barometer has found, but just a third (34%) of those were accepting EMV cards as of August 2015... More
Less than half of US small businesses aware of EMV liability shift
Only 49% of small business owners in the US that accept point-of-sale card payments today are aware of the EMV liability shift on October 1, with just 29% intending to make the change before the deadline and 34% intending to do so afterwards. More
Eight in 10 Americans aware of contactless payments
Some 82% of US consumers have heard of contactless or tap-and-go payments and 69% are now using chip cards or plan to use them soon, research from MasterCard reveals... More
One in four US consumers would share DNA with their bank
One in four US consumers would consider sharing their DNA with their financial institution if it meant it would make authentication easier and their personal information more secure, research from Telstra reveals... More
Visa launches VDEP service to make it easier and cheaper for banks to offer mobile payments
Visa has launched the Visa Digital Enablement Program (VDEP), a new service that builds on the company’s token technology and adds a “turn-key, toll-free commercial framework accessible to more than 14,500 Visa financial institution clients and technology partners around the world”... More
BPCE to pilot cards with mini-screen security codes
France’s second largest banking group BPCE is to pilot a payment card that replaces the three-figure security code on the back of the card with a mini-screen that displays a code which automatically changes periodically... More
Postbank begins HCE pilot in Germany with Worldline
Employees of Germany’s Postbank have begun piloting a mobile payment service based on host card emulation (HCE) that makes use of tokenization to allow NFC payments to be made at any Visa payWave terminal... More
Starbucks denies mobile payment hack
Starbucks has issued a statement denying its mobile payment app has been hacked, following a report by investigative journalist Bob Sullivan... More
Apple stores hit hardest by Apple Pay fraudsters
Credit card data stolen in recent data breaches at big retailers has led to a wave of fraudulent Apple Pay transactions, reports the Wall Street Journal... More
US identity fraud drops, but breaches scare consumers
The number of victims of identity fraud in the US decreased 3% to 12.7 million in 2014 and total fraud losses declined to US$16 billion — a decrease of 11% from 2013 — a study from Javelin Strategy & Research has found... More
Apple Pay provisioning fraud hole “has to get plugged now”
“Rampant” fraud levels being experienced by US card issuers that have signed up for Apple Pay need to be addressed with urgency, payments consultant Cherian Abraham has told NFC World, to avoid Apple, the individual banks and tokenized mobile payments as a whole suffering a reputational damage... More
