Nearly a third (32%) of retail establishments in the US will accept contactless EMV card payments by 2019, Javelin forecasts... More
Research
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
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
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
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
Fingerprint sensor shipments to reach 1bn units by 2020
Shipments of fingerprint sensors for smartphones are expected to reach 1bn units by 2020, representing a 17% compound annual growth rate (CAGR), according to ABI Research... 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
60% of US cards to support EMV by year end
Six in ten US payment cards (60%) will include an EMV chip by the end of 2015, research from the Payment Security Task Force shows, and that number will grow to 98% by the end of 2017... More
One in three Americans have an EMV card
More than six in ten US credit card holders don’t yet have a chip-enabled card, a survey conducted by CreditCards.com with Princeton Survey Research Associates International reveals... More
Worldpay tests facial recognition for payments in stores
UK-based payment processor Worldpay is conducting trials of a facial biometric verification system for payments in stores, using a prototype device that includes an upward-facing camera embedded into a POS terminal... More
Three in four Poles aware of NFC mobile payments
Nearly three quarters of Polish consumers (74%) are aware of NFC mobile payments and 4% are using them, research conducted by ARC Rynek i Opinia for SIA reveals... More
Cyber experts unsure of mobile payment security
Just one in four cybersecurity experts (23%) believe that mobile payments are secure and can keep personal information safe, the 2015 Mobile Payment Security Study from IT professional association ISACA has found... More
Three in four Android users would use an NFC payments service
More than three quarters of Android users (78%) would use a service similar to Apple Pay if it became available to them, a survey conducted by Helixion has found... More
40% of UK Apple device owners have used Apple Pay
Four in ten UK consumers with an Apple Pay compatible device (40%) have used the mobile payment service to pay for goods or services since its launch in July 2015 and 15% feel that the introduction of Apple Pay will increase the amount of contactless payments they make, eDigitalResearch has found... 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
Six in ten US consumers yet to receive an EMV card
Close to six in ten US consumers (59%) have not yet got an EMV card and only 32% of those who have are aware that the US is moving to EMV payments, ABI Research has found... More
One in four US merchants will be EMV-ready by October deadline
Only 27% of US merchants will be EMV-ready by the October liability shift, representing a seven percentage point decline from a 34% estimation in March, research from The Strawhecker Group (TSG) reveals... 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
Canadian contactless transactions grow 150%
The number of contactless transactions conducted in Canada has increased by almost 150% over the past year, fuelled in part by the rapid roll-out of Interac Flash cards, research from Technology Strategies International shows. “The mobile payments landscape in Canada will change dramatically within the next five years, with about two thirds of the smartphones in Canada having NFC capability by 2019,” the company adds... More