A UK startup raising funds on Kickstarter for a modular smartwatch that includes NFC and contactless payment functionality has amassed pledges totalling more than double its US$250,000 target in just two days. More
Mobile payments
Zwipe raises $5m for fingerprint cards
Zwipe, maker of a contactless payment card that includes an integrated fingerprint sensor, has raised US$5m in funding from Photon Future... 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
Swatch launches NFC payment watch in China
Swiss watchmaker Swatch has launched an NFC watch in China in partnership with China UnionPay and Bank of Communications that will let consumers make payments with a tap of their wrist in stores across the country. 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
LG to launch mobile payments service?
LG has reportedly filed trademarks for ‘LG G Pay’ and ‘G Pay’ in South Korea, suggesting that the handset maker could be looking at launching its own mobile payment service... More
Ultracash launches sound-based mobile payment service in Bangalore
Bangalore-based Ultracash Technology Labs has launched a mobile payment service that lets consumers make payments at close to 500 merchants in the city using a high frequency sound-based technology... More
Calgary to get mobile ticketing app?
Commuters in the Canadian city of Calgary could soon pay for city services using their smartphones... 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
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
Singapore taxis add MasterPass mobile payments
Passengers who book one of 17,000 ComfortDelGro taxis in Singapore can now pay their fare using their mobile phone and MasterCard’s MasterPass... More
Optus expands NFC payments to prepaid customers
Australian carrier Optus has made its NFC mobile payment service available to prepaid customers, following its launch to postpaid customers in November 2014... 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
Starbucks, KFC and Chili’s to support Apple Pay
Coffee chain Starbucks is to begin accepting Apple Pay across all its 7,500 US stores... More
MasterCard partners with P97 to enable mobile payments and rewards at the pump
MasterCard has announced a global partnership with mobile payments at the pump provider P97 to enable mobile payments and rewards at gas stations and convenience stores that are equipped with P97’s PetroZone platform... More
Ingenico integrates Bitcoin mobile payments into POS terminals
Bitcoin payment gateway BitPay has announced a new integration with point-of-sale terminal maker Ingenico that will allow consumers to use the virtual currency to make mobile payments at “thousands of retailer terminals worldwide”... More
Seqr offers refer-a-friend rewards
Swedish firm Seamless has begun rewarding users of its Seqr mobile payment solution when they recommend friends and family... More
Samsung responds to LoopPay hack
Samsung has responded to a New York Times report that claimed a hacking group affiliated with the Chinese government penetrated the corporate network of LoopPay, the inventor of Magnetic Secure Transmission (MST) technology that was acquired in February to form a core part of Samsung Pay... More