A hacking group affiliated with the Chinese government penetrated the corporate network of LoopPay, the inventor of the Magnetic Secure Transmission (MST) technology that was acquired in February 2015 to form a core part of Samsung Pay, the New York Times reports... More
Mobile payments
Starbucks Canada to add Mobile Order & Pay
Starbucks will launch its Mobile Order & Pay service in approximately 300 company-owned stores in the Greater Toronto Area of Canada on October 13... 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
Verizon agrees to support Samsung Pay
US mobile network operator Verizon Wireless has confirmed it will be adding support for Samsung Pay... More
JCB to pilot palm vein payments in Japan
Japanese credit card scheme JCB is to pilot the use of Fujitsu’s palm vein authentication technology for payments at this month’s JCB World Conference, enabling those attending to make purchases using only their hand. Additional trials in “global markets” are expected to follow. More
Aramark and Tapingo take mobile payments to 25 US universities
Foodservice, facilities and clothing provider Aramark has partnered with US mobile commerce app provider Tapingo to enable university students and staff to order food from participating locations and pay directly from their mobile device using their student card, credit card or PayPal... More
Chevron to offer NFC mobile payments at the pump
Oil and gas company Chevron has teamed up with Visa to offer mobile payments at the pump at 20 locations in San Francisco and Silicon Valley from “later this fall”... More
DART to implement NFC fare payment system
Commuters using public transport services provided by Dallas Area Rapid Transit (DART) will soon be able to pay for travel using NFC smartphones, third-party or agency-issued transit cards and EMV contactless cards... More
MasterCard to add biometric security to online transactions in 2016
MasterCard has unveiled MasterCard Identity Check, a suite of solutions that make use of biometrics and one-time passwords delivered via SMS to secure online mobile transactions... More
226bn transactions to be secured with biometrics by 2020
Some 226bn transactions worth a total of more than US$5.6trillion will be secured using biometric technology by 2020, research from Goode Intelligence predicts... More
House of Fraser adds AR to mobile app
UK department store chain House of Fraser has introduced augmented reality (AR) into its iOS mobile app to let shoppers make purchases from videos, 3D product previews, recipes and lookbooks via a Scan to Explore feature... More
Miami Heat fans get mobile payments and ticketing
Fans of basketball team Miami Heat will now be able to make purchases at concession stands across the AmericanAirlines Arena by having a QR code scanned on their mobile device... More
Pinterest expands availability of Buyable Pins
Visual discovery app Pinterest is expanding its Buyable Pins, which let users make payments through Apple Pay, to more commerce platforms including Bigcommerce, IBM Commerce and Magento... More
Industry veterans seek funding for NFC payments ring
A team of NFC payments veterans has launched a campaign on Kickstarter to raise funds for an NFC ring that can be used to make payments at contactless POS terminals and across the Transport for London network. More
Under half of US small businesses aware of EMV
Some 43% of small business owners in the US are familiar with EMV cards, Capital One’s Spark Business Barometer has found, but just a third (34%) of those were accepting EMV cards as of August 2015... More
Second generation NFC Ring seeks funding
The UK start-up that developed the NFC Ring in 2013 has begun raising funds on Kickstarter for its second generation device... More
BNP Paribas pilots cards with dynamic security codes
French bank BNP Paribas has begun trialling payment cards on which the three-figure security code is replaced with a small screen displaying a code which automatically changes periodically in order to make online payments more secure... More
Samsung Pay gets seven city US promo tour
Samsung is to run a seven city tour to promote the launch of Samsung Pay in the US... More
Starbucks takes mobile ordering to the UK
Coffee chain Starbucks has expanded its Mobile Order & Pay service to the UK, allowing customers to use its iOS mobile app to pre-order and pay for their food and drinks in more than 150 stores across London... More
Clear2Pay adds certified testing solutions for US move to EMV
PARTNER NEWS: Conformance testing specialist Clear2Pay Open Test Solutions has received certification from major payment networks for a suite of solutions and services that are designed to make it easier for US merchants, VARs and payment processors to add support for EMV to POS terminals... More