Businesses using payment technology provider Cayan’s Genius Customer Engagement Platform will be able to “simply switch on” support for Android Pay when the service launches later this year... More
NFC
White paper sets out the need to go beyond tokenization for cloud-based mobile payments
Card issuers looking to deploy host card emulation (HCE) mobile payments should not rely on tokenization alone to secure their services, NFC technology provider Sequent recommends in a white paper that is now available to download from the NFC World Knowledge Centre... More
Swatch smartwatch to launch in two countries
Swiss watchmaker Swatch Group is to launch its NFC smartwatch in two countries this summer, Switzerland and “one big country”, CEO Nick Hayek revealed during the company’s annual general meeting... More
Ingenico backing for Android Pay
Point-of-sale terminal maker Ingenico has announced its smart terminals will be able to process Android Pay transactions as well as supporting the service’s loyalty and offers functionality... More
OTI to support Android Pay
NFC and cashless payment solutions provider On Track Innovations has integrated support for Android Pay payments and rewards into its Saturn NFC readers... More
Google’s Project Vault microSD features NFC for storing sensitive data
Google has unveiled Project Vault, a hardware and software isolated environment in the form of a microSD card that stores the user’s sensitive data and comes equipped with NFC for authorisation... More
Google to trial hands-free mobile payments
Google has announced it will pilot a new payment service in the San Francisco Bay area later this year that will let users make hands-free, in-store mobile payments without having to get their phone out of their pocket... More
Bell ID analyses Android Pay
PARTNER NEWS: In a blog published today, tokenization specialist Bell ID outlines the differences between Google’s Android Pay, Apple Pay and Samsung Pay, and discusses what the NFC service means for banks... More
Stora Enso and NXP to make intelligent packaging with NFC
PARTNER NEWS: Renewable packaging solutions provider Stora Enso is to begin integrating RFID technology supplied by NXP Semiconductors into its packaging... More
Google working on “brand new” Wallet service for Android and iOS
Google has confirmed it is developing a “brand new” Google Wallet app for Android and iOS that will allow anyone with a US debit card to send and receive money for free “within minutes”, even if the other person doesn’t have the app... More
USAA Bank will support Android Pay
USAA Bank has said it will support Android Pay when the NFC payment solution launches later this year... More
US Bank cardmembers among first to get Android Pay
US Bank cardmembers will be among the first to have access to Android Pay for credit and debit card transactions when the service launches later this year... More
USAT adds support for Android Pay
Cashless vending machine technology provider USA Technologies (USAT) has announced it will be adding support for Android Pay, the NFC mobile payment solution unveiled by Google at the I/O event today... More
Google unveils Android Pay
Google is to introduce a new NFC mobile payments platform called Android Pay with the release of Android M later this year, vice president of engineering Dave Burke has revealed during the Google I/O 2015 keynote. More
Apple Pay rewards program looms?
Apple is preparing to unveil enhancements to Apple Pay that will include the launch of a rewards program for the mobile payments service, according to reports... More
Asia Pacific banks begin testing HCE mobile payments
PARTNER NEWS: Several major banks in the Asia Pacific region have begun piloting NFC mobile payment services based on host card emulation, using an end-to-end, cloud-based payments solution put in place by HCE specialist SimplyTapp in partnership with mobile technology solution provider PromptNow and IT solution services provider TIS... More
DS Tags launches electronic luggage label with NFC and Bluetooth
Netherlands-based DS Tags is at an advanced stage with “several top-tier airlines” in planning the delivery of DS Bagtag, a solution that incorporates an NFC- and Bluetooth-enabled electronic luggage label, a secure cloud-based travel document delivery service platform and a mobile app that lets the user check themselves and their luggage onto their flight before arriving at the airport... More
MCX member Target to support Apple Pay
US discount retail giant Target has become the latest member of retailer-led consortium MCX to reveal its intentions to support Apple Pay, following Best Buy’s announcement that it will roll out support for the NFC mobile payments service this year... More
AMS chips will allow cars to be unlocked and started with NFC phones
PARTNER NEWS: AMS’ AS3914 NFC reader IC has been selected by automotive equipment supplier Marquardt for its new series of contactless door lock and ignition control modules due, says the chip maker, to the chip’s reliable NFC coupling even when mounted in close proximity to sheet metal... More
Mobile payment market worth $2.8tn by 2020
The global mobile payment transaction market will be worth an estimated US$2,849bn by 2020, up from US$392bn in 2014, representing a compound annual growth rate (CAGR) of 39.2%, Future Market Insights has revealed. NFC is expected to exhibit the fastest CAGR (46%) of major mobile payment transaction technologies during the forecast period... More