Citizens of Morocco can now scan information from their contactless National Electronic Identity Card (CNIE) to create a digital identity using a national digital identity platform launched by the country’s Digital Development Agency and General Directorate of National Security (DGNS)... More
The UK’s Financial Conduct Authority (FCA) is proposing to increase the limit for single contactless payments in the country from £45 (US$62) to £100 (US$137) and the limit for cumulative contactless transactions from £130 (US$179) to £200 (US$274)... More
Disconnected experiences put customer loyalty at risk — MuleSoft — “Nearly half of UK consumers (48 per cent) would be happy for banks to share their banking transaction history with a trusted third-party if it gave them a more personalised banking experience… Nearly a third (30 per cent) of UK respondents would consider using Amazon, Google, Facebook or Apple for banking services if it was offered, rather than using their standard bank.”
Standards body ECMA International has published updates to five NFC standards — ECMA-385, ECMA-386, ECMA-409, ECMA-410 and ECMA-411 — designed “to ensure the security of NFC communication and the confidentiality, integrity and authenticity of data transfer between devices”. More
Spain’s Bankinter is to commercially launch an NFC mobile payments service that makes use of host card emulation (HCE) during the second or third quarter of 2014... More
Hong Kong’s Joint Electronic Teller Services Limited — Jetco — is to use Gemalto’s LinqUs trusted service management platform for the NFC payments service it is to offer consumers via its 30 member banks... More
Mobile network operator StarHub, part of the consortium which won a government contract to provide a national NFC TSM service for Singapore last year, has unveiled its NFC SmartWallet and says the service will begin “later this month”. More
Singapore’s IDA has awarded the contract for a national NFC infrastructure to a consortium including mobile network operator StarHub, DBS Bank, public transportation card issuer EZ-Link and NFC technology provider Gemalto. Commercial services are due to go live in mid-2012. More
