Members of the Australian Payments Clearing Association (APCA) are currently exploring the possibility of implementing a voluntary code of practice to regulate digital wallets in the country... More
Regulation
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
China moves to open up mobile payments services
People’s Bank of China has proposed new regulations that could force internet companies Alibaba, Tencent and Baidu to offer each others’ online payment services alongside their own... More
Webinar on delivering NFC transport ticketing services at scale — See it now on NFC World
NFC World’s ‘Tap to travel: Delivering NFC transport ticketing services at scale’ webinar is now available to view online... More
Apple Pay hits delays in China
“Apple Pay has hit bumps in China despite Apple’s efforts to make friends with Alibaba and UnionPay,” Caixin reports... More
Canada plans new mobile payment regs
The Canadian government is preparing to give merchants the ability to refuse to accept a particular NFC payment service if it attracts higher than usual fees — should that situation ever arise in the future, a document obtained by the WSJ reveals... More
Judge rules on fingerprint-locked smartphones
A Virginia Circuit Court judge has ruled that police officers cannot force criminal suspects to divulge mobile phone passwords but they can force them to unlock their phone with a fingerprint scanner, WSJ reports... More
Apple Pay to launch in Korea?
Apple is eyeing up the possibility of launching Apple Pay in Korea, Korea Bizwire reports... More
iZipline and Evrythng team up for NFC pouch packaging
NFC provider iZipline has unveiled PackageTagz, a patent-pending process for adding NFC functionality to pouch packaging... More
Taiwan TSM plans face opposition
The decision, taken yesterday by Taiwan’s Fair Trade Commission, to grant conditional approval for Taiwan’s five carriers and transit card issuer EasyCard to set up a national TSM joint venture for NFC payments and ticketing has not been universally welcomed... More
Taiwan TSM project gets approval
Taiwan’s Fair Trade Commission has given the go-ahead for transportation card issuer EasyCard and the country’s five carriers to form a joint venture company to deliver NFC payments and ticketing services — provided the partners comply with a number of conditions designed to ensure a competitive environment is maintained. More
Inside Secure adds sales agents
NFC and secure chip specialist Inside Secure has appointed four sales agents in Latin America and the Middle East... More
Call for contributions: New report on mobile payments and the future of merchant transaction fees
The NFC World team has identified ten pressure points that suggest the arrival of mobile payments will result in a fundamental change in the overall cost of processing payments and the way in which merchants transaction fees are calculated — and we’d like to hear from anyone who is working on ways to use mobile technology to cut the cost of processing transactions at the point of sale. More
JCM demos NFC mobile wallet for gaming industry
Transaction automation specialist JCM Global has demonstrated an NFC-based mobile wallet designed to be used in casinos... More
Isis to pay USAT for adding NFC to vending machines
Isis has struck a deal with vending machine technology provider USA Technologies (USAT) that will see the NFC venture paying USAT a subsidy for converting up to 7,500 vending machines to accept Isis payments in its Austin, Texas and Salt Lake City, Utah test markets... More
Rogers to issue NFC credit card
“Rogers expects to launch a credit card that will be part of a ‘virtual wallet’ as the telecom company moves to mobile payments on smartphones,” the Montreal Gazette reports:... More
Hong Kong moves towards NFC payments
The Hong Kong Monetary Authority (HKMA), the government body responsible for the maintenance and development of Hong Kong’s financial infrastructure, has announced plans to implement a series of retail payment initiatives, including a first step towards the introduction of an NFC payments platform... More
Carriers get green light to launch NFC in the UK
The European Commission has given its unconditional approval for the UK’s three largest mobile network operators to form a joint venture company to introduce NFC mobile payments and promotional services in the UK. More
Samsung preps NFC tablet
A new tablet from Samsung, referred to as the GT-P8110 and featuring unusual rounded corners as well as NFC functionality, has been submitted for FCC approval, Phandroid reports... More
Dutch banks and carriers abandon Sixpack NFC joint venture plan
ABN Amro, ING, KPN, Rabobank and Vodafone are exploring a range of alternative ways to work together to introduce NFC services in the Netherlands, program director Wim Westerhof has told NFC World, in a bid to avoid the regulatory hurdles associated with forming a joint venture company. More