What's New in Payments

Federal Reserve reports on synthetic identity payments fraud

Federal Reserve System white paper examines the effects of synthetic identity payments fraud — FedPayments Improvement — “A synthetic identity is created by using a combination of real information (such as a legitimate Social Security number) with fictional information (which can include a made-up name, address or date of birth)… Over time, fraudsters build up the creditworthiness of the synthetic identity, then ‘bust out’ by purchasing high-value goods and services on credit and disappearing.”


What's New in Payments

EPC reports on QR and Bluetooth mobile payments in Europe

White Paper: Non-NFC based Mobile Sepa Card Proximity Payments — European Payments Council — “The document aims to create awareness amongst the payments industry about the development of non-NFC based MCPP [Mobile Sepa Card Proximity Payments] solutions and to provide a common understanding of the MCPP landscape. This final version also reflects the outcome of a three-month public consultation that ended in February 2019.”


What's New in Payments

Dejamobile reports on the development of a generic TEE solution for securing HCE mobile payment apps

'Securing HCE mobile payments with TEEs' white paper covershot

PARTNER NEWS: Card issuers could soon be able to more easily make use of trusted execution environments (TEEs) to add security to their HCE mobile payments apps, mobile transaction specialist Dejamobile explains in a new white paper which is now available to download free of charge from the NFCW Knowledge Centre... More


NFC World

Carnival gets patents for NFC wearables on cruise ships

Carnival's Ocean Medallion wearable uses NFC and Bluetooth LE for payments, access control and more

Cruise operator Carnival Corporation has been granted a series of patents by the US Patent and Trademark Office (USPTO) for its Ocean Medallion, a wearable device that combines NFC and Bluetooth Low Energy (BLE) to provide passengers with a wide range of payments, access control and information services... More


NFC World

ST releases NFC dynamic tag sensor node evaluation board

Covershot: Introducing the ST NFC dynamic tag sensor node evaluation board for smart tracking systems

STMicroelectronics has released an evaluation board that lets developers design and prototype solutions that combine NFC tag reading, energy harvesting and security with environmental monitoring sensors to track and protect a wide range of sensitive products throughout the supply chain, in stores and in the home... More






What's New in Payments

Rambus explains how online merchants can use card-on-file EMV tokenization to reduce fraud and improve the online payments experience

Covershot: What is card-on-file EMV tokenization?

Card-on-file EMV tokenization, where primary account numbers (PANs) stored in a card-on-file database are replaced with payment tokens that can be restricted to a specific retailer, offers online merchants a way to both increase security and create a near frictionless buying experience, Rambus explains in a new ebook which is available to download from the NFC World Knowledge Centre... More


What's New in Payments

Boston Fed reports on the current status of payment tokenization in the USA

Industry perspectives on the evolution of EMV payment tokenization — Federal Reserve Bank of Boston — “This white paper examines payment tokenization changes and impacts to the payments industry since 2014. The research represents the authors’ views with input from Mobile Payment Industry Workgroup (MPIW) members and qualitative interviews with key industry stakeholders.”


What's New in Payments

SPA white paper examines the potential of bank cards with built-in biometric sensors

Cover shot: 'Biometrics in payment: Breaking down barriers with high value payments'

KNOWLEDGE CENTRE: Biometric sensor-on-card solutions, where a fingerprint sensor is built into a standard EMV card, “represent an important step forward for the finance industry, opening the way to eliminating fraud for issuers and cardholders, reducing costs and providing the additional security and identity verification required to support remote or cross-border transactions,” the authors of a new white paper conclude... More





What's New in Payments

White paper sets out how Trusted Execution Environments can be used to secure mobile payments, loyalty, credentials and more

Covershot — Trusted Execution Environment (TEE) 101: A Primer

A new white paper that looks in-depth at Trusted Execution Environment (TEE) technology, the architecture and principles underpinning its operation and how it can be used to secure a variety of mobile wallet and IoT applications is now available to download free of charge from the NFC World Knowledge Centre... More



What's New in Payments

Apple details Apple Pay Cash in updated iOS Security guide

iOS Security — Apple — “When you set up Apple Pay Cash, the same information as when you add a credit or debit card may be shared with our partner bank Green Dot Bank and with Apple Payments Inc, a wholly owned subsidiary created to protect your privacy by storing and processing information separately from the rest of Apple and in a way that the rest of Apple doesn’t know.”



What's New in Payments

White paper sets out how fashion brands can add payments, loyalty, ticketing and more to wearable devices

Covershot: "Enabling the future of wearables: Making payments a seamless experience"

Fashion brands looking to include payments capabilities in their wearable devices need solutions that are pre-certified, inexpensive, easy to implement and offer the wearer the ability to quickly and easily add their choice of payment, transit, loyalty and identity cards throughout the lifetime of their watch or fashion accessory, wearables platform provider Fidesmo explains in a new white paper which is now available to download free of charge from the NFC World Knowledge Centre... More


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