The State Bank of Vietnam has instructed banks to “quickly carry out a plan to convert all magnetic cards into chip cards to prevent fraud”, according to Vietnam News... More
Technology
A third of Europeans have made a mobile payment
Nearly a third of European consumers (32%) have now made an in-store mobile payment, research by Fujitsu shows, while 22% have adopted wearable technologies... More
Proxama and Mapway launch BLE beacon service on London buses
PARTNER NEWS: Commuters on some 500 Transport for London (TfL) buses can now receive real-time travel updates and relevant location-based advertising using transport app developer Mapway’s Bus Times London app. More
Corporate drivers to get mobile payments at the pump
Drivers of corporate fleet vehicles will soon be able to pay for fuel using a mobile payment service that identifies the site and pump using Bluetooth Low Energy (BLE) beacons and authenticates the vehicle using NFC. More
Proxama integrates Discover’s D-PAS into EMV enablement solution
PARTNER NEWS: NFC and mobile payments pioneer Proxama has completed the integration of Discover’s D-Payment Application Specification (D-PAS) contactless product into its EMV enablement solution... More
Deutsche Bank to launch NFC payments in Q3
Customers of Deutsche Bank will be able to make NFC mobile payments using the version of its mobile banking app that will become available for Android in the third quarter of this year... More
MasterCard to reduce EMV checkout time
MasterCard has unveiled M/Chip Fast, a technology advancement designed to help speed up EMV transactions at the checkout... More
Australia’s ANZ adds support for Apple Pay
Customers of Australia’s ANZ bank can now make payments using Apple Pay with either an ANZ Visa debit or credit card or an ANZ American Express credit card... More
Tangerine adds biometrics to mobile banking app
Customers of Canada’s Tangerine Bank can now log into its mobile banking app for iOS by authenticating themselves with their iris or voice... More
More than half of payment cards shipped in 2015 were contactless
Contactless technology was built into 56% of all smart cards shipped globally excluding the Americas in 2015, up from 42% in 2014, the Smart Payment Association reports... More
Adidas builds NFC into racing suits for FIA authentication
Adidas has developed a connected race suit that comes equipped with an NFC chip to confirm whether or not the product complies with current Fédération Internationale de l’Automobile (FIA) regulations. More
Three quarters of Brits expect to be cash-free by 2021
Almost three quarters of UK consumers (73%) do not expect to be using cash in five years’ time in light of the rise of contactless payments and mobile wallets, research released by digital media agency Starcom reveals, and a third believe cash will be extinct within the next 15 years. More
European spend on payments technology to rise
Nearly three quarters of European retailers and financial institutions (71%) plan to increase their spending on payments technology in the next 18 to 24 months due to increasing competition and a feeling of being “under siege”, research from ACI Worldwide and Ovum shows... More
Tutuka to roll out cloud-based payments with Proxama
PARTNER NEWS: Prepaid card processor Tutuka has begun the implementation of digital payment solutions provider Proxama’s Digital Enablement Platform (DEP) for a fully independent cloud-based payment (CBP) solution in the Middle East, Asia and Africa... More
Fibank launches HCE in Bulgaria
Customers of First Investment Bank (Fibank) of Bulgaria can now make host card emulation (HCE) based payments through its mobile banking app using a digital card supplied by MasterCard... More
UK restaurants and bars roll out Z-Beacon technology
More than 1,000 restaurants, bars and pubs across the UK are deploying Z-Beacon, a new platform developed by QR code-based mobile payments provider Zapper... More
G&D integrates Convego CloudPay with Visa Token Service
PARTNER NEWS: Giesecke & Devrient (G&D) has integrated its Convego CloudPay solution with Visa Token Service (VTS)... More
Visa tech speeds up EMV checkout time
Visa has launched Quick Chip for EMV, a technology enhancement that speeds up the checkout time when paying with an EMV card... More
Bell ID white paper explores tokenization
A 26-page white paper that explores tokenization, how it is implemented and the role of token service providers (TSPs), token vaults and token domains is now available to download from the NFC World+ Knowledge Centre... More
NXP and HID Global to enable wearable devices to unlock doors
PARTNER NEWS: NXP has teamed up with HID Global to work on enabling consumers to open electronic locks at commercial buildings, hotels and workplaces with a tap of an NFC wearable device. More