More than half of US consumers (51%) are likely to use a bank offered mobile wallet with the top challenges for mobile wallet adoption being fear of identity theft (68%) and merchant acceptability (33%), research from CCG Catalyst reveals... More
Mobile banking
Apple Pay adds 54 more US banks
Apple has added another 54 banks and credit unions to its list of Apple Pay supporting financial institutions in the US... More
Suretap adds Points loyalty cards to NFC mobile wallet
Canadian mobile wallet provider Suretap has added a loyalty section powered by the Points loyalty network to its NFC mobile wallet, enabling users to earn and use rewards offered by more than 100 global reward programs via their mobile phone... More
Crédit Mutuel Arkéa to launch HCE in France
French banking group Crédit Mutuel Arkéa is to begin offering its customers a host card emulation (HCE) mobile payments service... More
Blik signs up 1.3m Poles for mobile payments
Some 1.3m Polish consumers are now using Blik, the mobile payments service backed by six of the country’s banks that lets customers make in-store and online payments, withdraw cash from ATMs and send P2P transfers with their mobile phones... More
US consumers vote for banks to keep payments safe
An “overwhelming majority” of US consumers (75%) say they most trust banks to keep their payments safe, an American Bankers Association survey has found... More
RBC reports strong uptake for HCE wallet, adds support for digital receipts, loyalty and gift cards
The Royal Bank of Canada (RBC) has trebled its mobile wallet user base since moving from a SIM-based model to host card emulation (HCE) six weeks ago, the bank’s head of payments innovation has told NFC World... More
Samsung Pay adds US card issuers and reports on consumer adoption
US payment network Discover, gift card provider Blackhawk Network and fourteen financial institutions are to add support for Samsung Pay in the coming months, Samsung has announced, and consumers that are using the service have made an average of eight transactions since its launch four weeks ago. More
Citi tests ATMs that replace plastic cards with mobile phones, QR codes, NFC and iris scans
Citi has begun testing a screenless, cardless ATM concept developed by Diebold that lets customers make transactions using their mobile device instead of a plastic card and authenticate themselves using NFC, QR or an iris scan... More
Meet NFC World’s partners at Money20/20
NFC World partners Bell ID, SimplyTapp, Carta Worldwide, Mahindra Comviva, Kona and Gemalto will be exhibiting at the Money2020 expo in Las Vegas from October 25-28... More
Apple Pay now offered by more than 600 US banks
Apple has added more than 70 banks and credit unions to its list of Apple Pay supporting financial institutions in the US, taking the total number to more than 600... 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
SpareBank 1 acquires mCash for mobile payments
Norway’s SpareBank 1 has acquired mobile payments provider mCash for an undisclosed sum... More
Telkomsel launches NFC mobile payments and loyalty service in Indonesia
Mobile network operator Telkomsel Indonesia has launched an NFC mobile payment and loyalty service in partnership with Verifone Mobile Money and financial services provider Finnet Indonesia to allow more than 140m subscribers to tap and pay with their mobile device at participating merchant locations... More
Gemalto to deliver mobile payment solutions to Japan’s Dai Nippon Printing
PARTNER NEWS: Digital security giant Gemalto is to provide its mobile payment solutions to Dai Nippon Printing (DNP), an NFC technology supplier and solution provider for financial institutions in Japan... More
Carta launches turnkey tokenization platform for cloud-based payments
PARTNER NEWS: Transaction technology provider Carta Worldwide has introduced an appliance-based turnkey solution that aims to dramatically reduce the time it takes for large banks, processors and domestic networks to bring tokenized HCE mobile payment services to market... More
Apple Pay adds 29 US banks
Apple has added 29 more banks and credit unions to its list of Apple Pay supporting financial institutions in the US... More
One billion people make use of mobile banking
More than 1bn mobile phone users will have used their devices for banking purposes by the end of this year, Juniper Research predicts... 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
VocaLink to develop real-time mobile payments for Thailand
UK payment infrastructure operator VocaLink has signed a letter of intent with Thailand’s main interbank payments provider National ITMX to collaborate on the development of a mobile payment solution for banks, consumers and businesses in Thailand... More