PCI publishes MPoC standard to support evolution of contactless payment acceptance solutions on standard NFC mobile devices

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The PCI Security Standards Council has published a flexible modular standard for accepting payments on a smartphone or other commercial off-the-shelf (COTS) mobile device that supports a variety of payment acceptance channels and customer verification methods including software point-of-sale (sPOS) contactless acceptance solutions... More



Samsung Wallet goes live in Qatar and South Africa

Samsung Wallet with HSBC card

Samsung Wallet has gone live in Qatar and South Africa, enabling users to store and use their digital payment, loyalty, membership and identity cards, digital keys, boarding passes and other credentials on their compatible Samsung Galaxy smartphone... More


Bank of Korea reports slow transaction processing times in DLT digital currency pilot

Bank of Korea logo

The Bank of Korea (BOK) is to review additional central bank digital currency (CBDC) design options after its 10-month experiment to test a retail CBDC based on distributed ledger technology (DLT) revealed “limitations of scalability” such as slow processing times during periods of high transaction volume when compared with a more conventional centralised ledger database, the bank says... More






First Abu Dhabi Bank brings biometric credit cards to the UAE

First Abu Dhabi Bank Share biometric credit card

Customers of First Abu Dhabi Bank (FAB) in the United Arab Emirates can now apply for a biometric credit card — the first to be launched in the country — that enables users to verify both contact and contactless payments with their fingerprint and earn reward points that they can redeem at more than 3,500 locations across the UAE... More







Polish retail chain trials biometric payments

Customer at Polish retail chain using their eyes and face to make biometric payment

Customers purchasing laptops, tablets, smartphones and accessories from a branch of Polish retail chain Komputronik in the city of Wroclaw can now pay for their purchases using a biometric payments system that uses a combination of iris and face recognition technology... More