NFCW is pleased to announce that registration is now open for Contactless World Congress, a new kind of event that will bring together innovators, policy makers and technical experts from across the globe to share the latest thinking on how to build a contactless world — online, year-round, with no travel required... More
Apple Pay is now available in 60 countries and regions worldwide, with support from nearly 9,000 partner banks, following the service’s expansion to nine new markets — including Colombia, Israel and Mexico — during 2021, Apple reports... More
Nine in 10 consumers in the Asia Pacific region have used mobile payment apps at least once during the past 12 months, while more than half have used digital payment methods at least once a week and a sixth have made a digital payment for the first time since the beginning of the Covid-19 pandemic (15%), according to research published by Kaspersky... More
Customers of Australia’s Westpac bank with an Android smartphone will soon be able to make payments using a digital card secured by a dynamic card verification code (CVC) that changes every 24 hours... More
Some 50,000 customers of Starling Bank have chosen to set their own contactless spending limit to a lower amount than the maximum of £100 (US$135) per contactless transaction that the UK government introduced in October... More
The global transaction volume of in-store and ecommerce digital wallet payments will exceed US$10tn by 2025, according to a forecast commissioned by Discover Global Network... More
German savings banks in the Sparkasse group have launched a buy now pay later service in their mobile payments app, enabling customers to request a loan to pay for goods at the point of sale via their Android smartphone and arrange to repay it in instalments... More
Customers of ABN Amro in the Netherlands can now make contactless cash withdrawals from ATMs via their mobile banking app without needing to use their debit card... More
Customers of Lloyds Bank, Halifax and Bank of Scotland will be able to set their own contactless spending limit when the UK increases its national transaction limit to £100 (US$137) on 15 October... More
Customers of UK neobank Monzo can now create virtual debit cards for specific kinds of expenditure that are linked directly to funds they have set aside for that purpose rather than to their main bank account... More
Customers of DBS Bank in Singapore can now lock or unlock their debit or credit cards, enable or disable certain types of transaction — including contactless and mobile payments — and set a monthly spending limit for their card accounts from their digital banking app in real time... More
Google Pay has officially launched its app for owners of both Android smartphones and Wear OS smartwatches in Austria. Austrian customers of neobanks and fintechs including Curve, Monese, N26, Revolut and Viva Wallet have been able to use Google Pay via their mobile banking app since November 2020. More
Abu Dhabi Islamic Bank (ADIB) is enabling customers to open a new account remotely and without needing to visit a branch in person by taking a selfie, scanning their passport and tapping their Emirates ID card with an NFC-enabled device... More
An Australian parliamentary committee has held a public hearing at which it heard evidence from representatives of leading Australian banks, payment services providers and other financial bodies on regulatory issues including whether companies such as Apple should be mandated to allow third-party payment apps access to a smartphone’s NFC chip... More
Consumers in Poland will soon be able to use their Android NFC device to make tokenized contactless payments at the point of sale (POS) directly from their bank account via their mobile banking app without needing a debit or credit card... More
Passengers travelling on Moscow Metro can now buy and top up a Troika transit card directly from within their mobile banking app... More
Nearly 21m (20.87m) personal and 3.51m corporate digital yuan wallets have so far been issued during China’s ongoing trials of its central bank digital currency (CBDC), the People’s Bank of China (PBOC) has revealed... More
Utah Community Credit Union (UCCU) is to become the first financial institution in the US state to let its customers use Utah’s mobile driving licence (mDL) as a legal form of identification for all banking transactions... More
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 Bank of Thailand and the State Bank of Vietnam have launched an interoperable cross-border payments system that will enable Thai visitors to Vietnam and Vietnamese visitors to Thailand to make QR code-based payments for goods and services using their mobile banking app... More
