Eesti Pank, the central bank of Estonia, has tested a blockchain-powered technical solution for the use of a digital euro central bank digital currency (CBDC) that it says is capable of handling more than 300,000 simultaneous payments a second and enables payees to receive a payment in less than two seconds... More
EMVCo has issued a new specification bulletin that makes it mandatory for contactless payment terminal suppliers to make use of IQ demodulation techniques in order to receive EMVCo certification... More
PARTNER NEWS: Payment terminal supplier Feig Electronic has selected Cilab’s ci230 high-speed testing solution to help it meet the demands of the latest EMVCo 3.1a specification... More
Public transport users in Sofia can now buy and store single journey QR code e-tickets on their mobile device which they can validate for travel on metro, bus, tram and trolleybus services across the Bulgarian capital’s transit network... More
The NFC Forum has introduced a product certification program that improves the user experience for NFC device owners by enabling manufacturers of smartphones and other NFC-enabled devices to prove that their products fully conform to a wide range of contactless transport, payments and access control standards... More
PARTNER NEWS: NFC testing innovator Cilab has added support for EMVCo 3.0b to its high speed tester, enabling POS terminal manufacturers to quickly and easily debug and conduct pre-certification testing of their devices ahead of the new EMVCo specification coming into force in mid-2021... More
The Universal Stylus Initiative (USI) is to work with the NFC Forum to enable rechargeable styluses to be wirelessly charged with a smartphone, mobile computing device or other NFC-enabled device... More
JPMorgan Chase’s JPM Coin digital currency is now being used commercially for cross-border payments by “a large international technology company”, the US banking giant’s Takis Georgakopoulos has told CNBC... More
The Scottish Government is to pilot a national digital identity system that enables citizens to store their identity information in their own ‘Attribute Store’ and then “share these attributes with other public sector service providers as and when needed”... More
The Bank of Japan is to begin the first phase of proof-of-concept testing of a central bank digital currency (CBDC) in early 2021, according to a statement published by the bank... More
The Bank of Korea (BOK) is to issue and circulate a central bank digital currency (CBDC) in 2021 to test its viability as an alternative to cash and other forms of transaction... More
Staff in Thailand’s Department of Disease Control (DDC) are testing an NFC wristband that has been developed to track Covid-19 patients and people who are self-quarantining in a bid to control the spread of infection... More
NFCW EXPO: NFC testing innovator Cilab is providing NFCW readers with early access to a showcase in the NFCW Expo hall that provides information on how its ci230 high speed NFC tester works, the benefits it offers to both engineers and to budget holders — and highlights the testimonials it has received from customers... More
Both banked and unbanked residents of the UAE will soon be able to make instant cashless digital payments using a digital cash platform which they can either link directly to their bank accounts or add value to with cash at registered locations... More
Google Pay has begun testing tokenized NFC-based credit and debit card payments in India, enabling users of supported cards to add them to their payment options for NFC, QR and online payments... More
PARTNER NEWS: A new video from Cilab shows how the company’s high-speed test equipment can be used to reduce the costs and complexity of NFC testing, by completing a full EMVCo PCD Level 1 test in just 42 minutes — a process that typically takes most of a full working day... More
PARTNER NEWS: Cilab’s ci230 high-speed testing suite has made it possible for self-service payments leader Invenco to significantly improve the time it takes to develop, test and bring to market EMV-compliant NFC payment terminals for its customers, chief engineer Chris Henry has told NFC World... More
PARTNER NEWS: Cilab’s new ci230 high-speed testing suite is “a tool that has been missing for years,” Renke Bienert, senior principal engineer at NXP’s worldwide customer application and support team in Hamburg, has told NFC World... More
PARTNER NEWS: Cilab’s ci230 high speed tester takes a whole new approach to NFC testing that makes it faster and easier to conduct pre-certification testing, makes the certification process quicker and cheaper, lets customers get a fast return on investment — and a competitive advantage from speeding up time to market... More
Despite still being only in a test phase in India, mobile payments via Facebook’s WhatsApp instant messaging platform will launch in more markets this year, according to Facebook CEO Mark Zuckerberg... More
