Global consultancy firm PwC has joined forces with US blockchain technology outfit Bloq to create a platform allowing digital currencies to be used for everyday banking... More
Mobile banking
Mobile payments to become ‘de-facto payment mode’ in India after banknote change
Mobile payment transaction volume in India is expected to grow more than 90% each year over the next five years, with digital payments becoming the “de-facto payment mode” in the country, in the wake of the government’s withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes... More
Apple’s NFC restriction hits mobile payments innovation, Australian banks claim
The group of Australian banks taking on Apple over access to the NFC technology within iPhone handsets says the restriction is not only preventing the introduction of mobile wallet services across multiple platforms but also proving detrimental to continued investment into mobile payment apps... More
Banks ‘must consider human weakness’ to improve mobile banking security, report says
Banks must consider the weakness of their own consumers’ behaviours and avoid being distracted by technical vulnerabilities when it comes to improving the security of mobile banking and payments systems, a report by Mobey Forum says... More
Bank al Etihad takes bill payments to ATMs
Customers of Jordan-based Bank al Etihad can now pay bills and top up their airtime at the bank’s ATMs... More
Spanish bank offers ‘selfie’ service to open account
BBVA bank is offering new customers in Spain the chance to open an account with them using their mobile phone, with identity verified using face recognition and video calls... More
US bank app allows ability to dispute charges
Citi credit card owners can now dispute charges within the bank’s iPhone app in the US... More
OCBC Bank adds Siri and iMessage payments
Customers of Singapore’s OCBC Bank can now send money using Apple’s Siri virtual assistant or via text using Apple’s iMessage platform... More
Smartphone users rate security most important app attribute, survey finds
PARTNER NEWS: More than two thirds of smartphone owners use mobile banking apps, while nearly 80% consider security and reliability the most important attributes of a paid app, says a survey by Gemalto which is now available to download from the NFC World Knowledge Centre... More
UK consumers eye up iris scanning for banking biometrics
Iris scanning technology has overtaken fingerprinting as the biometric security measure most UK consumers would consider using, with more than a third saying they would be more likely to use a bank that offers biometric security, a survey from software provider Intelligent Environments has found... More
Bell ID’s TSP to help Japan Apple Pay integration
PARTNER NEWS: Rambus Bell ID’s token service provider (TSP) service is being used by IBM Japan to support Japanese banks’ integration with Apple Pay, which went live in the country this week... More
App users positive on mobile payments
Consumers like the majority of mobile payment apps on the market and expectations of digital banking and payments are rising, according to a survey of user reviews of America’s flagship apps... More
2bn mobile banking users by 2021
More than 2bn consumers around the world will have used their mobile devices for banking purposes by the end of 2021, compared to 1.2bn this year, Juniper Research reveals... More
USAA Bank adds Samsung Pay
USAA Bank has introduced support for Samsung Pay for its Visa credit and debit cardholders... More
Apple Pay launches in New Zealand
Apple Pay has arrived in New Zealand with support for Visa credit and debit cards issued by ANZ Bank New Zealand... More
Android Pay heads to Canada
Android Pay may be heading to Canada judging by the mobile app’s most recent update which “seems to list strings of code that includes references to Interac,” according to Android Headlines... More
Study shows growing European appetite for mobile payments
Some 54% of European consumers are using a mobile device to make payments for a range of activities in-store, in-app and online, compared to 18% at this time last year, Visa’s 2016 Digital Payments Study has revealed... More
Chase to support Microsoft Wallet next year
US bank Chase is to begin supporting Microsoft Wallet “next year” according to a tweet from Chase Support... More
Bank of Scotland customers get selfie sign-ups
Bank of Scotland customers in the UK can now apply for a current account by taking a picture of their face... More
FNB launches NFC mobile payments
Customers of First National Bank (FNB) can now make NFC mobile payments using the latest version of the financial institution’s mobile banking app... More