Customers of Turkish bank Garanti BBVA can now apply for a mobile-first credit card which combines a mobile wallet that supports QR and mobile payments with a ‘blank’ physical card that comes without a printed credit card number, expiration date or CVC code printed on it... More
Customers of Volksbank Raiffeisenbank in Germany are taking part in the pilot of a self-service terminal designed to drive new revenue streams by making a wide range of additional services available in bank branches... More
Kenya and Ghana have the highest rates of mobile payment use in the world after China and, ultimately, there could be as many as 850 million mobile payment users in Africa conducting transactions worth US$2.5tn to US$3tn a year, according to a report from the Boston Consulting Group (BCG)... More
Customers of Singapore’s United Overseas Bank (UOB) can now use its UOB Mighty mobile banking app to add their debit and credit card details directly to third-party apps, avoiding the need to separately enter their card details and providing an additional reason for customers to engage with their banking app... More
Samsung device owners in Germany can now link a personal account at “almost any” German bank to Samsung Pay and then use a virtual Visa debit card to make mobile payments in-store... More
Google Pay users in India can now make tokenized NFC-based credit and debit card payments at contactless POS terminals, starting with customers of Axis Bank and SBI “with Kotak and more banks expected to follow suit very soon”... More
MEET THE INNOVATORS: Antelop Solutions acts as a trusted partner to card issuers seeking to quickly and easily provide their customers with leading-edge mobile and digital card solutions, CEO Nicolas Bruley and chief commercial officer Timothée Grüner explain in a video interview with NFCW editor Sarah Clark... More
NFCW EXPO: France-based fintech Dejamobile has opened a showcase in the NFCW Expo that provides readers with information on its white label digital payment and merchant acceptance solutions plus educational materials on host card emulation (HCE) security and contactless acceptance on standard NFC phones... More
Holders of Vanquis Bank’s credit-builder credit cards in the UK can now make instant payments into their account from any major UK bank without using a debit card and receive instant updates on their available credit via the Vanquis mobile banking app... More
Dutch bank ING and supermarket giant Albert Heijn are to pilot a tokenized payments service which enables customers to pay for online purchases from their bank accounts without needing to provide retailers with account credentials... More
Transactions conducted by customers using Korean bank DGB Daegu’s IM Bank mobile banking app on a Samsung Galaxy A Quantum 5G smartphone will soon be secured with 5G quantum cryptography technology that generates true random numbers to encrypt one-time passwords and identity verification information... More
Bank customers in India will soon be able to book, pay for and receive railway e-tickets for use on their mobile device through their mobile banking app... More
The UK’s NatWest bank has launched Payit, an online payments service that uses open banking to make it possible for merchants to accept payments directly from consumers’ bank accounts... More
A new survey has found that 45% of US consumers are now using “a mobile wallet of some type”, 16% are using paper-based currency less than before the pandemic and 31% say will use contactless or mobile wallet payments instead of cash and cheques in the aftermath of Covid-19... More
Customers of Starling Bank are now able to request an additional, specially restricted payment card that can be given to a friend, family member or volunteer shopper “to buy essential items on their behalf”... More
The Central Bank of the UAE (CBUAE) has issued a statement strongly encouraging banking customers “to take advantage of digital and online banking services as a measure to protect the health and safety for UAE residents.”... More
“Whenever possible, use cashless payments, contactless and mobile payments,” Georgia’s central bank has urged the country’s citizens... More
Royal Bank of Canada has added new features to its mobile app that make it quicker and easier for customers opening a new bank account at a branch to prove their identity... More
The number of consumers using open banking has doubled in the past six months to more than one million, the UK’s Open Banking Implementation Entity (OBIE) reports, and there are now a total of 204 regulated service providers — up from 100 at the end of 2018... More
Mutual Trust Bank has announced it is to be the first bank in Bangladesh to go live with Bangla QR, an interoperable QR payments system backed by the country’s central bank... More
