ATM manufacturer Wincor Nixdorf is launching an ATM that will allow customers to withdraw cash using an NFC smartphone or contactless card, or by scanning a QR code... More
Mobile banking
VTB Bank launches HCE mobile payments in Georgia
VTB Bank in Georgia has launched a host card emulation (HCE) mobile payment service that will enable its customers to make payments by tapping their device against any contactless terminal accepting Visa PayWave... More
ICICI Bank launches mVisa mobile payments
ICICI Bank has become the first Indian bank to launch a mobile payment service based on Visa’s mVisa solution, which was unveiled in August 2015... More
Barclays to support Apple Pay from early 2016?
An email exchange between a Barclays customer and the bank’s CEO of retail banking in the UK has revealed that Barclays will support Apple Pay next year... More
Tangerine tests facial recognition
Scotiabank-owned direct bank Tangerine is reportedly experimenting with facial recognition technology on mobile devices... More
Scotiabank expands availability of NFC mobile wallet service
Canada’s Scotiabank has expanded the reach of its SIM-based NFC mobile wallet service to four additional mobile network operators by connecting to EnStream, the joint venture between carriers Bell Mobility, Telus and Rogers Communications that acts as a single connection point between the country’s card issuers and mobile network operators... More
Vein recognition market to grow 27% a year
The global vein recognition biometrics market in the banking, financial services and insurance (BFSI) sector is set to grow at a compound annual growth rate (CAGR) of 27.83% from 2014-2019, research firm Technavio predicts... More
Nexus Imprint brings fingerprint sensor support to Android M
Google has unveiled Nexus Imprint, a system that brings fingerprint sensor support to its latest phones and the upcoming Android 6.0 Marshmallow mobile operating system. It will enable the entire app ecosystem to make use of fingerprint recognition and will also work with Android Pay to authenticate an in-store payment, says the company. More
Riyad Bank goes contactless with Gemalto
PARTNER NEWS: Saudi Arabia’s Riyad Bank is migrating its entire portfolio to digital security giant Gemalto’s Clarista Contactless EMV card — powered by the industry-standard Multos operating system — making it the country’s first contactless payment method... More
Samsung Pay goes live in the US
Samsung Pay has launched in the US today after going live in Korea in August 2015, where it racked up a total 1.5m transactions in its first month... More
Tech firms face more regulation on payment services
Regulators are looking more closely at whether technology companies that provide financial services should be supervised more heavily, according to HSBC chairman Douglas Flint... More
Korean Samsung Pay users spend $30m in first month of launch
More than US$30m has been spent through Samsung Pay since the mobile payment service’s launch in Korea one month ago, Samsung has revealed... More
Indian mobile wallet market to reach US$6.6bn by 2020
India’s mobile wallet market will be worth US$6.6bn by 2020, research from TechSci Research reveals... More
How to develop a mobile payments roadmap — See it now on NFC World
NFC World’s ‘How to develop a mobile payments roadmap’ webinar is now available to view online... More
Grupo Aval introduces in-store mobile payments and offers in Colombia
Grupo Aval, Colombia’s largest financial services group, has launched a mobile payment and offers service that lets customers of its Av Villas, Banco de Bogotá, Banco de Occidente and Banco Popular banks make in-store payments using a code generated on their mobile phone... More
Axis Bank launches mobile wallet that uses sound for in-store payments
India’s Axis Bank has launched Lime, a mobile wallet that combines banking, shopping and payment services and lets customers make in-store purchases using an encrypted audio signal generated by their device... More
Future Group to launch mobile wallet in India
Indian retail conglomerate Future Group is in the process of launching its own mobile wallet, CEO Kishore Biyani has revealed... More
80% of Brits have used alternative payment methods this year
Eight in ten UK consumers with bank accounts have used an alternative to traditional cash and plastic cards in the last 12 months, research by Gocompare.com has found... More
Apple Pay now supported by 500 US banks
Apple has added 46 banks and credit unions to its list of Apple Pay supporting financial institutions in the US, taking the total to more than 500... More
86% of TMG members to offer both Samsung Pay and Android Pay
Some 86% of the financial institution clients of payment solutions provider The Members Group (TMG) are planning to make Samsung Pay and Android Pay available to cardholders... More