KNOWLEDGE CENTRE: Token management solutions that enable consumers to self-manage their digital cards from within their mobile banking app will provide issuers with the ability both to reduce customer service costs and improve customer experience, Antelop Solutions CEO Nicolas Bruley explains in a 22-minute webinar now available to view in the NFCW Knowledge Centre... More
Customers of Emirates NBD in the Middle East, North Africa and Turkey are the first in the region to be able to verify their identity documents when they open a new account using an NFC-powered solution on the bank’s mobile banking app... More
Banks in South Korea will be able to add a wide range of non-financial services to their mobile apps, including food ordering and delivery, following changes to the country’s financial regulatory system due to be introduced by the Financial Services Commission (FSC) in July 2021... More
Customers of CIBC can now make purchases of up to C$250 (US$196) with their debit card using Apple Pay, Samsung Pay or Google Pay following a 150% increase in the Canadian bank’s transaction limit for in-store payments with a mobile phone or smartwatch... More
Customers of US Bank can now add a personalised digital greetings card when they use the bank’s mobile app to make a Zelle P2P transfer to anyone with a US bank account... More
Ecommerce businesses in 23 of the world’s poorer nations have seen “a notable increase” in digital payments as a result of the Covid-19 pandemic, according to a report by the United Nations Conference on Trade and Development (UNCTAD)... More
Users of Payconiq-supported mobile payment apps in Belgium, the Netherlands and Luxembourg can now make QR-enabled mobile payments and P2P transfers across all three Benelux countries... More
Consumers in the USA will be able to open mobile-first checking and saving accounts with 11 banks and credit unions from within Google Pay from 2021, Google has revealed in a blog post that also announces the launch of a redesigned version of the Google Pay app for both Android and iOS... More
The number of iPhone users globally that have activated Apple Pay has grown by 66m over the past year, from 441m in September 2019 to 507m in September 2020, according to a study published by Loup Ventures... More
PARTNER NEWS: Antelop Solutions has launched a tokenized card management solution that makes it possible for banks to provide their customers with the ability to view, control, push, update and manage the card details that they have shared with all the different mobile wallet providers and ecommerce merchants they deal with — from within their mobile banking app... More
Nearly two-thirds of consumers in Europe (63%) have abandoned a digital bank application in the past year, compared with 40% in 2019, according to new research... More
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
