ABN Amro pilots wearable payments with select customers

Friday 23 June 2017 By Rian Boden • 23 June 2017 • nfcworld.com RINGING THE CHANGES: ABN Amro aims to enable wearable payments for all its customers this year A select group of ABN Amro customers has begun piloting payments using NFC-enabled rings supplied by Kerv and...

Danske Bank brings Apple Pay to customers in Northern Ireland

Friday 23 June 2017 By Rian Boden • 23 June 2017 • nfcworld.com Danske Bank brings Apple Pay to customers in Northern Ireland — Danske Bank — “Richard Caldwell, managing director of personal banking and small business at Danske Bank, reflected: ‘There has been a clear...

Dankort gets lockscreen mobile payments and Touch ID support

Friday 23 June 2017 By Rian Boden • 23 June 2017 • nfcworld.com Danish consumers using the Dankort mobile payments app on an iPhone can now make payments from their lockscreen when they shop in Dansk Supermarked Group stores and validate purchases over DKK 200 (US$30)...

Punchh brings Apple Pay to restaurant loyalty program

Friday 23 June 2017 By Rian Boden • 23 June 2017 • nfcworld.com Punchh brings Apple Pay to restaurant loyalty program — Punchh — “Users visiting participating restaurants will soon be able to not only pay for their purchases, but earn and redeem rewards and loyalty...

East London gets local currency built on the blockchain

CASH EQUIVALENT: Colu has launched Local Pound East London, its second digital currency in the UK Residents across East London can now make mobile payments at small businesses with a local currency launched by Tel-Aviv-based digital wallet provider Colu which makes...

Meet NFC World partners at Money20/20 Europe

Thursday 22 June 2017 By Rian Boden • 22 June 2017 • nfcworld.com NFC World partners Antelop Solutions, Dejamobile, Gemalto, NXP and Rambus will be attending the Money20/20 Europe expo in Copenhagen from June 26-28. Here’s what you can expect to see and where you can...

OTP Bank launches contactless mobile payment

Wednesday 21 June 2017 By Sarah Clark • 21 June 2017 • nfcworld.com OTP Bank launches contactless mobile payment — Budapest Business Journal — “Hungaryʼs OTP Bank today launched its contactless mobile payment solution, which has been implemented into its Simple mobile...

US consumers turn to digital payments for online purchases

More than 70% of online shoppers across the US have used digital payment services including mobile wallets, one-click checkout buttons and peer-to-peer (P2P) payment apps, research released by American Express reveals, with 41% “always or sometimes” choosing to use...

Transfer money instantly to your bank account with PayPal

Tuesday 20 June 2017 By Rian Boden • 20 June 2017 • nfcworld.com Transfer money instantly to your bank account with PayPal — PayPal — “PayPal users in the U.S. will soon be able to instantly transfer money to their bank accounts via eligible debit cards linked to...

Mobile payments for online purchases set to rise across the UK

Tuesday 20 June 2017 By Rian Boden • 20 June 2017 • nfcworld.com FURTHER GROWTH: eMarketer’s figures forecast a rise in UK ecommerce sales through smartphones Nearly six in 10 (58.6%) UK digital buyers aged 14 and over will make retail ecommerce purchases using their...

Samsung Pay now supports HSBC and M&S Bank cards in the UK

Tuesday 20 June 2017 By Rian Boden • 20 June 2017 • nfcworld.com Samsung Pay now supports HSBC and M&S Bank cards in the UK — Engadget — “It was only available to customers who bank with MBNA, Nationwide and Santander. Today, it’s playing catch-up with support for...

Paytm Payments Bank to join the UPI bandwagon in August

Tuesday 20 June 2017 By Rian Boden • 20 June 2017 • nfcworld.com Paytm Payments Bank to join the UPI bandwagon in August — Economic Times — “The newly-launched Paytm Payments Bank will go live on the unified payment interface (UPI) by August… This will allow its...

Meet the Chinese finance giant that’s secretly an AI company

Monday 19 June 2017 By Rian Boden • 19 June 2017 • nfcworld.com Meet the Chinese finance giant that’s secretly an AI company — MIT Technology Review — “The smartphone payments business Ant Financial is using computer vision, natural language processing, and mountains...

PayPal chief dismisses Apple Pay challenge

Monday 19 June 2017 By Rian Boden • 19 June 2017 • nfcworld.com PayPal chief dismisses Apple Pay challenge — The Telegraph — “Dan Schulman said the forthcoming Apple Pay Cash service did not have the advantages of PayPal’s peer-to-peer payments services… Mr Schulman...

Magazine explores conversational commerce and Aadhaar payments

Friday 16 June 2017 By Rian Boden • 16 June 2017 • nfcworld.com PARTNER NEWS: A 40-page magazine featuring articles about conversational commerce, national ID-based payment systems using India’s Aadhaar biometrics ID system as a case study, and the financial gender...

Chinese satellite relays a quantum signal between cities

Friday 16 June 2017 By Sarah Clark • 16 June 2017 • nfcworld.com Chinese satellite relays a quantum signal between cities — Wired — “This experiment was a crucial test for a budding technology called quantum cryptography, which uses quantum particles like photons to...

ExxonMobil adds credit card issuance to mobile payments app

Thursday 15 June 2017 By Rian Boden • 15 June 2017 • nfcworld.com SPEEDY DELIVERY: ExxonMobil has enabled an ‘apply and buy’ feature on its Speedpass+ mobile app Motorists using oil and gas company ExxonMobil’s mobile payments app can now apply for the ExxonMobil...

Belfius Bank launches HCE mobile payments with Bancontact support

Thursday 15 June 2017 By Rian Boden • 15 June 2017 • nfcworld.com Customers of Belgium’s Belfius Bank can now make host card emulation (HCE) based mobile payments using the bank’s mobile app, making it the “first solution available on the Belgian market” that enables...

Cuscal partners with Samsung Pay

Thursday 15 June 2017 By Sarah Clark • 15 June 2017 • nfcworld.com Cuscal partners with Samsung Pay — Cuscal — “Samsung Electronics Australia today announced a partnership with Cuscal, Australia’s leading independent provider of payment solutions that will enable 38...

Paytm Mall to bring brick-and-mortar stores online via QR codes

Thursday 15 June 2017 By Rian Boden • 15 June 2017 • nfcworld.com Paytm Mall to bring brick-and-mortar stores online via QR codes — LiveMint — “Similar to QR stickers used for Paytm app, Paytm Mall QR codes will be unique for each retailer. Customers will be able to...

Insights into the future of cash

Wednesday 14 June 2017 By Rian Boden • 14 June 2017 • nfcworld.com Insights into the future of cash — Bank of England — “The value of Bank of England notes in circulation peaked in the run-up to Christmas 2016, reaching over £70bn for the first time — an increase of...

Mobile biometrics in financial services: A five factor framework

Wednesday 14 June 2017 By Rian Boden • 14 June 2017 • nfcworld.com Mobile biometrics in financial services: A five factor framework — University of Oxford — “Overall, users believe that biometric authentication is more secure (83%) and more convenient (92%) than...

Priorbank adds Visa support for HCE service

Wednesday 14 June 2017 By Rian Boden • 14 June 2017 • nfcworld.com Belarusian bank Priorbank has added support for Visa cards to its host card emulation (HCE) based mobile payments service that launched with support for Mastercard in April 2016. “We are taking the...

Android Pay to debut in August in Korea

Tuesday 13 June 2017 By Sarah Clark • 13 June 2017 • nfcworld.com Android Pay to debut in August in Korea — Business Korea — “At present, every one of the eight credit card companies in the country is discussing a joint Android Pay service with Google.” All copyrights...