What's New in Payments

Dubai bank adds cardless cash withdrawals to mobile banking app

Emirates Islamic launches cardless cash withdrawal feature via its mobile banking app — Zawya — “Customers can now initiate the cash withdrawal from the bank’s mobile banking app and the funds can then be withdrawn from any Emirates Islamic ATM without using a debit or credit card. This innovative service also allows the bank’s customers to make transfers to recipients using only their mobile phone number. Beneficiaries will receive an SMS with a one-time PIN to withdraw the amount transferred from the closest Emirates Islamic ATM.”




What's New in Payments

Google to bring payments to Android Messages texting app?

Android Messages v2.9 prepares to launch Allo-like web interface, Google-enhanced chat features, and payments to businesses [APK Teardown] — Android Police — “Some new text in the app indicates that Google is going to angle Android Messages to also support purchases. The theme of the new strings is fairly unmistakable, including common consumer terms like ‘checkout and ‘order summary’. Another key clue is the activity where these are displayed, which is named messaging.ui.businesspayments.PaymentsSummaryActivity.”



Poland to introduce mobile ID cards

Poland to roll out mobile phone ID cards in 2018 — Phys.org — “The new system will be rolled out gradually, starting with young people. Mobile phone versions of driving licences, vehicle registration papers, student cards and other documents will follow… Citizens of the country of 38 million people will see their ID cards stored in the cloud and will be able to call up the documents on their mobile phones using a code received by text message.”



Orange to launch mobile-only bank with NFC payments and AI

Orange Bank

Mobile network operator Orange is to launch a mobile-only bank in France in July this year that will offer customers NFC mobile payments, P2P mobile transfers using SMS and an artificial intelligence-based virtual assistant that will eventually be able to complete tasks including making transfers and putting funds in savings. More




Consumers show more trust in mobile wallet security

Global consumers are “more concerned” with protecting their financial and payments information on a computer than protecting the same data in a mobile wallet, ACI Worldwide and Aite Group research reveals, with more than 80% believing their mobile wallet data is secure... More




Facebook strengthens security with Fido-compliant authentication

Facebook

Social media giant Facebook has added the Fido Alliance’s Universal Second Factor (U2F) specification to its platform to strengthen its range of two-factor authentication methods which have previously been offered through an SMS service or by a code generation feature inside the Facebook mobile app... More







Feed for stories about SMS.