Swarovski lets shoppers make payments in VR

Monday 25 September 2017 By Sarah Clark • 25 September 2017 • nfcworld.com Mastercard and Swarovski launch virtual reality shopping experience — Mastercard — “Once the consumers decide and select the piece from the collection that they want to purchase, they can add...

Cambridge academics report on cryptocurrency market status

Monday 25 September 2017 By Sarah Clark • 25 September 2017 • nfcworld.com Global Cryptocurrency Benchmarking Study — University of Cambridge — “This is the first study to systematically investigate key cryptocurrency industry sectors by collecting empirical,...

Central Bank of Uruguay to run mobile currency pilot

Monday 25 September 2017 By Sarah Clark • 25 September 2017 • nfcworld.com Uruguayan central bank to test digital currency — Latin American Herald Tribune — “‘Instead of carrying around a leather wallet with paper currency,’ people will load electronic currency onto...

Mastercard applies for blockchain B2B payments patent

Monday 25 September 2017 By Sarah Clark • 25 September 2017 • nfcworld.com Method and system for recording point to point transaction processing — USPTO — “The present disclosure relates to the recording, processing, and displaying of point to point transactions,...

Walmart tests smart lock delivery service

Monday 25 September 2017 By Sarah Clark • 25 September 2017 • nfcworld.com Why the future could mean delivery straight into your fridge — Walmart — “Here’s how the test will work: I place an order on Walmart.com for several items, even groceries. When my order is...

Chinese consumers ready to go out without cash

Monday 25 September 2017 By Sarah Clark • 25 September 2017 • nfcworld.com 84% Chinese can go out without cash — Xinhua — “Asked whether they can go out of their home without cash, 84% said they are ‘calm’ with it while only 4% cannot and 12% feels concerned.” Source...

NFC Forum Members: A Call for Action

On 22 Sep, 2017 By Paula Hunter 0 Comments Most are familiar with the internationally recognized and acclaimed United States President John F. Kennedy’s famous statement, “Ask not what your country can do for you — ask what you can do for your country.” This...

Rambus publishes quick guide to Apple Pay

Friday 22 September 2017 By Mike Clark • 22 September 2017 • nfcworld.com A newly updated 12-page primer that quickly explains how Apple’s NFC-based mobile payment system works in clear and simple language is now available to download from the NFC World Knowledge...

Chinese banks roll out face recognition at the ATM

Friday 22 September 2017 By Sarah Clark • 22 September 2017 • nfcworld.com Facial recognition debuts at China’s banks — Xinhua News Agency — “At the Agricultural Bank of China’s (ABC) three outlets in Jinan City, cards are no longer needed to withdraw money. A quick...

NXP releases NFC tag toolkit for iOS

PARTNER NEWS: NXP has announced a toolkit designed to make it easy for iOS 11 developers to take advantage of the NFC tag reading capabilities that are now supported by iPhones and unlock “the potential to now connect billions of consumer and industrial products to...

Banks back government-led Taiwan Pay QR payments service

Thursday 21 September 2017 By Sarah Clark • 21 September 2017 • nfcworld.com Banks offer ministry’s Taiwan Pay services — Taipei Times — “Taiwan Pay aims to provide more convenient, quicker payment services using QR code technology via smartphones, which have become a...

Japanese banks to develop shared customer ID platform

Thursday 21 September 2017 By Sarah Clark • 21 September 2017 • nfcworld.com Japan developing shared ID system for banks — Nikkei Asian Review — “In this set-up, an account holder at one bank can register for a shared ID. If the individual wishes to open an account at...

NFC Forum launches tag certification program

Wednesday 20 September 2017 By Sarah Clark • 20 September 2017 • nfcworld.com NFC Forum adds NFC tag certification to certification program — NFC Forum — “Tag/inlay, NFC reader and handset manufacturers for the first time will be able to test and verify the...

Students test finger vein payments at UK supermarket

Wednesday 20 September 2017 By Sarah Clark • 20 September 2017 • nfcworld.com British supermarket offers ‘finger vein’ payment in worldwide first — The Telegraph — “It works by using infrared to scan people’s finger veins and then links this unique biometric map to...

Hilton lets customers pay with points for Amazon purchases

Wednesday 20 September 2017 By Sarah Clark • 20 September 2017 • nfcworld.com Hilton Honors members can now shop with points on Amazon — Hilton — “Members simply need to complete a one-time link of their Hilton Honors account to their Amazon.com account. Once...

Apple releases iOS 11 with support for NFC tag reading

Tuesday 19 September 2017 By Sarah Clark • 19 September 2017 • nfcworld.com iOS 11 is now available to download — The Verge — “Today, Apple pushed out the final version of iOS 11, its latest mobile operating system release. Most iPhone and iPad units made in the last...

Premier Food Service adds rewards to contactless vending machines

Tuesday 19 September 2017 By Sarah Clark • 19 September 2017 • nfcworld.com Premier Food Service selects USA Technologies as a strategic partner as they move toward connecting 100% of their machines to cashless payment — USA Technologies — PARTNER NEWS — “‘As...

UK’s Payment Systems Regulator outlines PSD2 enforcement process

Tuesday 19 September 2017 By Sarah Clark • 19 September 2017 • nfcworld.com The PSR confirms how it will monitor and enforce new EU rules on access to payment systems — Payment Systems Regulator — “The PSR will monitor and enforce particular rules, covering requests...

Huawei Pay to launch in the US?

Tuesday 19 September 2017 By Sarah Clark • 19 September 2017 • nfcworld.com Huawei Pay to launch on Android in the US, trademark suggests — Android Headlines — “The Huawei Pay Android service may be coming to the United States, as suggested by a new trademark...

US iPhone users ‘unlikely’ to use Face ID for payments

Tuesday 19 September 2017 By Sarah Clark • 19 September 2017 • nfcworld.com 40% of Apple users to spurn facial recognition, according to Juniper survey — Juniper Research — “A new survey conducted by Juniper Research has found that over 40% of iOS users in the US...

Apple Pay Cash to go live in iOS update ‘this fall’

Monday 18 September 2017 By Sarah Clark • 18 September 2017 • nfcworld.com iOS 11 is available tomorrow — Apple — “Coming this fall with an update to iOS 11 and watchOS 4, Apple Pay users will be able to send and receive money from friends and family quickly, easily...

HSBC uses face recognition to authenticate payments in China

Monday 18 September 2017 By Sarah Clark • 18 September 2017 • nfcworld.com Selfies are the latest way to pay — HSBC — “The customer simply blinks into their camera using the ‘selfie mode’. Their identity is then checked against a photo held on a database. If the...

Nike to connect with basketball fans via NFC tags in NBA jerseys

Monday 18 September 2017 By Sarah Clark • 18 September 2017 • nfcworld.com Nike and NBA introduce new statement edition uniform, first on-court hooded jacket and the first NBA Connected Jersey, the future of fan apparel — Nike — “Using new NikeConnect technology, each...

BMW ‘is reviewing the necessity of car keys’

Monday 18 September 2017 By Sarah Clark • 18 September 2017 • nfcworld.com BMW says car keys may be replaced by mobile phone apps — Reuters — “BMW is reviewing the necessity of car keys, Ian Robertson, the company’s board member responsible for sales told Reuters. The...

Westpac pulls support for Tap & Pay

Monday 18 September 2017 By Sarah Clark • 18 September 2017 • nfcworld.com Why have we removed Westpac Tap & Pay? — Westpac — “We have removed Westpac Tap & Pay as more customers are choosing to use Android Pay and Samsung Pay for their additional features. We...

SocGen picks sound-based payments for mobile banking in Africa

Monday 18 September 2017 By Sarah Clark • 18 September 2017 • nfcworld.com Société Générale launches Yup, a new alternative to the traditional banking model in Africa — Société Générale — “Based on an agency banking model, ie a network of third-party agents with whom...

Alipay uses face verification to unlock delivery boxes

Monday 18 September 2017 By Sarah Clark • 18 September 2017 • nfcworld.com Alibaba testing face recognition technology — AsiaOne — “An army of specially equipped kiosks have been installed across five locations at Shanghai’s financial district of Lujiazui, with...

Google adopts sound-based payments for Indian mobile wallet

Monday 18 September 2017 By Sarah Clark • 18 September 2017 • nfcworld.com Introducing Tez, a mobile payments and commerce app from Google — Google — “Cash Mode is built using our proprietary AQR (Audio QR) technology, which is similar to QR codes but more convenient...

Apple engineering chief answers Face ID queries

Friday 15 September 2017 By Sarah Clark • 15 September 2017 • nfcworld.com Apple’s Face ID feature works with most sunglasses, can be quickly disabled to thwart thieves — Macrumors — “‘If you don’t stare at the phone, it won’t unlock,’ he wrote. ‘Also, if you grip the...

Federal Trade Commission to investigate Equifax data breach

Friday 15 September 2017 By Sarah Clark • 15 September 2017 • nfcworld.com FTC probes Equifax, top Democrat likens it to Enron — Reuters — “The US Federal Trade Commission said on Thursday it was investigating Equifax Inc’s massive data breach, and a top Democrat...

US Senator asks Apple CEO to clarify Face ID privacy concerns

Friday 15 September 2017 By Sarah Clark • 15 September 2017 • nfcworld.com Sen Franken presses Apple to address privacy concerns over iPhone X’s ‘Face ID’ technology — Senator Al Franken — “Substantial questions remain about how Face ID will impact iPhone users’...

Venmo moves into merchant payment processing

Thursday 14 September 2017 By Sarah Clark • 14 September 2017 • nfcworld.com Venmo will allow users to pay at merchants like Williams-Sonoma — Recode — “Venmo oversaw US$8bn in transactions in Q2 of 2017, double what it did the year before, but has yet to find a way...

Google to enter mobile payments market in India

Thursday 14 September 2017 By Sarah Clark • 14 September 2017 • nfcworld.com Google to launch payment app ‘Tez’ in India — The Ken — “Google is expected to partner ‘several large private banks in India’ for its payment product, Tez. Besides its own UPI-based service,...