“We continue to see good success with Apple Pay,” Visa CEO Charlie Scharf has told investors during the company’s first quarter earnings call... More
Tokenization
Join NFC World for a free workshop on tokenization
The next event in NFC World’s free educational webinar series will be held at 15:00 GMT on Tuesday 17 February when mobile payments expert David Worthington from Bell ID will explain how tokenization works and how it can help you better secure mobile payment services... More
Cachet adds prepaid cards to Apple Pay
Prepaid card issuers using Cachet Financial Solutions’ Select Mobile Money white label platform can now offer their customers a way to charge Apple Pay transactions to their prepaid account balance, the company has announced... More
Wirecard to offer white label HCE wristband
The HCE wristband unveiled by technology provider Wirecard earlier this month is to be offered on a white label basis, Joern Leogrande, the company’s EVP of mobile services, has told NFC World+... More
Clear2Pay explains HCE, tokenization and the role of testing with infographic
PARTNER NEWS: Conformance testing specialist Clear2Pay has put together an infographic that visually explains host card emulation (HCE), how it is used and why testing is necessary in a mobile payments system... More
SimplyTapp explains the role of token requestors in mobile payments
PARTNER NEWS: Token requestors play a key role in the delivery of mobile payment services like Apple Pay, Doug Yeager, CEO of SimplyTapp, explains in a blog post — and taking the time to get a detailed understanding of what that role involves could pay dividends in the future... More
HyprKey unveils biometric mobile wallet add-on
A US startup is taking pre-orders for a biometrically secured mobile wallet, consisting of a payment app and Bluetooth Low Energy (BLE)-based “bio-sticker” attached to the back of the user’s phone... More
MasterCard takes HCE to China
MasterCard’s cloud-based payment service is now available in China, following its initial launch in the US in September 2014... More
Payments security survey finds NFC and HCE are now top priorities
Seven in ten (71%) US IT operations, security, and electronic deployment professionals consider NFC to be essential or very important to their organization’s security, a survey by Ponemon Institute for HP Atalla has found, with host card emulation (HCE) following closely behind at 68%... More
Visa CEO: We may not charge a fee for tokenization
Visa will not charge a fee to card issuers making use of its tokenization service until at least the end of 2015 and may or may not charge a separate fee for the service in the future, CEO Charles Scharf has revealed at the Bank of America Merrill Lynch 2014 Banking & Financial Services Conference... More
Amex adds tokens and HCE
American Express has announced the US launch of American Express Token Service, a suite of solutions enabling traditional card account numbers to be replaced with tokens for mobile, online, in-store and NFC payments... More
SimplyTapp launches open source tokenization project
A new open source software project designed to help banks offer tokenized card payments has been launched by HCE specialist SimplyTapp... More
Bell ID offers tokenization management software
PARTNER NEWS: Payment credential management specialist Bell ID has introduced Tokenization Manager, a software solution that can be used by token requesters such as card issuers to manage payment tokens, by digital wallet providers to deliver tokens to support mobile NFC payments and by merchants to replace the need to store customers’ card numbers... More
JPMorgan Chase CEO outlines mobile wallet strategy
JPMorgan Chase plans to make its debit and credit cards available in a wide array of mobile wallets — including one of its own to be launched later this year — even if that means cutting current margins, CEO Jamie Dimon has told analysts during the bank’s third quarter earnings call. More
Major UK merchants sign up for Zapp mobile payments
Zapp, the mobile payments startup formed by UK payments infrastructure operator VocaLink, has announced that major retail chains including Sainsbury’s, Asda, House of Fraser, Thomas Cook, Shop Direct, Spar and Clarks are to use its service to let customers make payments with their mobile phones... More
NFC World+ breaks all records in September
144,508 unique visitors read NFC World+ in September 2014, up 24% on a year ago, and we served 395,029 pages (up 22%) as business executives and technical experts flocked to the site to learn about Apple Pay, NFC and the future of mobile payments. More
Transcript: eBay CEO John Donahoe discusses the future of PayPal as an independent company
“We want PayPal to be present whenever and wherever consumers want to pay so if that means being in other wallets, if that means being in any existing or other new ecosystems where payment occurs, our desire is to be a payments platform that can enable payments in any of those environments,” says eBay’s CEO. More
Federal Reserve gives cautious backing to tokenization
The US Federal Reserve’s Mobile Payments Industry Workgroup (MPIW) has given cautious backing to the potential of tokenization in mobile payments and formed a subgroup dedicated to exploring the impact of the technology in more depth... More
SimplyTapp compares Apple Pay and Android HCE
PARTNER NEWS: A new blog post from HCE specialist SimplyTapp explains how Apple is using tokens in its new Apple Pay NFC mobile payments service — and how that compares with the way tokens are used to enable Android phones to make NFC mobile payments using host card emulation (HCE)... More
How Apple will generate revenues from mobile payments begins to become clear
An innovative biosensor security function built into the Apple Watch and the Touch ID fingerprint sensor in the iPhone 6 and iPhone 6 Plus will work in combination with NFC and tokenization to provide additional security to Apple Pay transactions, it is now becoming clear — giving Apple the ability to negotiate special deals with card issuers that will generate new revenues for the Cupertino company... More