Alipay parent company Ant Financial has acquired biometric provider EyeVerify... More
Verification
South Africans to get biometric authentication for card payments
The Payments Association of South Africa (PASA) has unveiled a new standardised specification to facilitate biometric authentication on payment cards. More
EMVCo and the Fido Alliance to review authentication standards
EMVCo and the Fido Alliance have signed a memorandum of understanding (MoU) to review how Fido authentication standards can support EMV payment use cases... More
Kroger sues Visa over EMV authentication
US supermarket chain Kroger has filed a lawsuit against Visa for allowing customers to verify EMV purchases with a signature instead of a PIN... More
US and UK consumers warm to biometric authentication
More than half of US and UK consumers (52%) prefer to log in to online accounts using “modern authentication methods”, research from Gigya reveals, including 29% who favour two-factor authentication and 20% who prefer biometric authentication. More
Apple Pay adds Visa, MasterCard and five major banks in Singapore
Consumers in Singapore can now add their MasterCard and Visa cards to Apple Pay, after the mobile payment service launched there in April 2016 with support from American Express alone... More
Google Authenticator to get NFC and BLE?
The Google Authenticator app, which generates two-step verification codes as an additional layer of security when signing in, will soon add support for NFC and Bluetooth Low Energy (BLE), an APK teardown reported by Android Police reveals... 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
Gemalto and Worldline simplify onboarding to OEM mobile wallets for banks and card issuers
PARTNER NEWS: Digital security giant Gemalto is working alongside European payment and transactional services provider Wordline to enable the “seamless onboarding” of banks and card issuers to mobile payment wallets provided by device manufacturers... More
Nationwide explores behavioural biometrics
Customers of Nationwide Building Society in the UK may soon be able to access their mobile banking accounts using behavioural biometrics that recognise how they interact with their smartphone, from the way they hold their device to how they type... More
Tourists in Japan to get fingerprint payments by 2020
The Government of Japan is to pilot a system that would let tourists verify their identity and make in-store payments using their fingerprint... More
BMO to offer ‘selfie pay’ biometric verification technology to customers
Canadian financial services provider BMO Financial Group is to enable its customers to use MasterCard’s Identity Check mobile app to verify their online transactions via face recognition and fingerprint biometrics... More
Gemalto and Prosa bring HCE payments to Mexico
PARTNER NEWS: Digital security giant Gemalto and payment processor Prosa have partnered to bring host card emulation (HCE) based mobile payments to Mexico... More
White paper lays out NFC solutions for in-home healthcare providers
A five-page white paper that explains the advantages of NFC for in-home healthcare providers is now available to download from the NFC World+ Knowledge Centre... More
Global mobile payment market to hit $620bn in 2016
Consumers across the globe will use their mobile phones to spend a total of US$620bn on all forms of mobile transaction this year, representing a 37.8% year-on-year growth from $450bn in 2015, research from TrendForce reveals. By 2017, total mobile payment revenue will reach $780bn, climbing to $930bn in 2018 and $1.08tn in 2019. More
UK consumers warm to biometric identification
More than half of UK consumers (54%) are willing to authorise payments using biometric technology, research from Experian shows... More
UnionPay launches HCE mobile payments with Beijing banks
Customers of more than 20 commercial banks in Beijing can now make host card emulation (HCE) based mobile payments using a new service launched by bankcard association UnionPay... More
Apple Pay goes live in Australia
Apple Pay has begun rolling out across Australia, allowing American Express cardholders to make NFC mobile payments using iPhone 6, iPhone 6 Plus, iPhone 6S, iPhone 6S Plus and Apple Watch devices. More
Ultracash launches sound-based mobile payment service in Bangalore
Bangalore-based Ultracash Technology Labs has launched a mobile payment service that lets consumers make payments at close to 500 merchants in the city using a high frequency sound-based technology... More
Worldpay tests facial recognition for payments in stores
UK-based payment processor Worldpay is conducting trials of a facial biometric verification system for payments in stores, using a prototype device that includes an upward-facing camera embedded into a POS terminal... More