FinTech

Money20/20 Europe

Money20/20 Europe Europe’s biggest FinTech event is back The relationships that are built here will shape the future of money. See what will drive the industry before it hits the industry. Enjoy three days of networking-rich opportunities that bring together the most brilliant minds to deliver the next frontier of Financial Services. From the next…

Payments, Biometrics, and Connectivity are Key in This Week’s Mobile ID Top News

Payments, Biometrics, and Connectivity are Key in This Week’s Mobile ID Top News

It’s been another rich and varied week in Mobile ID World news, with payments, biometrics, and connectivity being the hot topics in the latest roundup of our most popular stories. On the FinTech side of things, Mobile ID World visitors were understandably interested in learning more about Samsung’s new debit account platform, about which the…

COVID-19 Driving Up Interest in Biometric Payment Cards: Zwipe

COVID-19 Driving Up Interest in Biometric Payment Cards: Zwipe

Biometric smart cards are finally poised to become a commercial reality. In a recent memo, Zwipe CEO André Løvestam noted that several “1st Generation” biometric cards will achieve small-scale commercial launches in 2020, paving the way for an even greater breakthrough as demand increases in the next few years. Of course, Løvestam believes that Zwipe…

Zwipe Teams Up with Italian Smart Card Maker

Zwipe Teams Up with Italian Smart Card Maker

“The two companies will work together on contactless payment solutions based on both card and wearable form factors.” Zwipe has found another new partner to help expand the reach of its biometric technology in the payments space. In this case, it’s Publicenter, described by Zwipe as Italy’s largest domestic smart card maker. The company is…

Samsung Reveals More Details of Payment Account App

Samsung Reveals More Details of Payment Account App

Following the announcement last month by Samsung that it will be joining the likes of competitors Apple and Google in offering its own physical payment card — Samsung Money by SoFi — the tech giant revealed more information about its solution in a post on its website. Billed as a ‘mobile-first money management experience’, some…

IDEMIA and Treezor Bring Recycled PVC Card to France

IDEMIA and Treezor Bring Recycled PVC Card to France

“…the new eco-friendly card is composed of more than 85 percent recycled PVC, which makes it the card with the highest concentration of recycled PVC materials currently on the market.” The longstanding partnership between IDEMIA and Treezor will soon lead to the launch of France’s first eco-friendly fintech card. The two companies joined forces more…

Zwipe Renews Biometric Card Contract with Brazil’s TGS

Zwipe Renews Biometric Card Contract with Brazil’s TGS

Zwipe has officially renewed its partnership with the Brazilian smart card manufacturer Thomas Greg & Sons (TGS). The two companies first joined forces in April of 2019 in an effort to develop biometric payment cards for the Latin American market. Now that the contract has been renewed, TGS will move forward with the small scale…

Zwipe Teams with Watchdata to Develop Contactless Payment Tech

Zwipe Teams with Watchdata to Develop Contactless Payment Tech

Zwipe has teamed up with Watchdata Technologies to develop contactless payment solutions. The offerings will eventually include wearable devices and contactless payment cards, which will be distributed to banks in multiple regions around the world. Watchdata is based in Beijing, though its company headquarters are located in Singapore. The company specializes in secure transactions and…

WhatsApp Enables P2P payments for Users in Brazil

WhatsApp Enables P2P payments for Users in Brazil

Facebook is enabling person-to-person payments for WhatsApp users in Brazil. The new feature is being delivered in collaboration with Visa, which is outfitting Facebook with the technology needed to secure individual transactions. That includes the Visa Direct real-time push payments platform, as well as the company’s new Visa Cloud Tokenization solution. Visa’s technology will allow…

Zwipe HK Partner to Begin Manufacturing of Biometric Cards

Zwipe HK Partner to Begin Manufacturing of Biometric Cards

Biometric payment cards continue to inch their way toward commercial deployments, with Zwipe announcing that a Hong Kong-based partner is now ready to proceed with small-scale manufacturing. The biometrics specialist first announced its partnership with Toppan Forms Card Technologies (TFCT) in April, framing it as a means to move toward payment card commercialization in the…

5G, Smart Cities, FinTech, and Controversy in This Week’s Top Stories Roundup

5G, Smart Cities, FinTech, and Controversy in This Week’s Top Stories Roundup

It’s been another widely varied week in Mobile ID World news, with the most popular stories concerning mobile and smart city infrastructure, FinTech, and some controversy from a major global identity project. Starting with infrastructure, this week brought the announcement that the US National Telecommunications and Information Administration has called for public comment on 5G…

Thales Forecasts Rise of Biometric Payment Cards

Thales Forecasts Rise of Biometric Payment Cards

Thales is the latest organization to suggest that COVID-19 could accelerate the adoption of contactless payment technologies. The company notes that the amount of cash in circulation has decreased during the pandemic, while online transactions have gone up in the same period. Now Thales is arguing that some of the changes could be permanent, and…

Samsung Developing Debit Card for Mobile Payments Platform

Samsung Developing Debit Card for Mobile Payments Platform

“The card is being developed in collaboration with digital money management specialist SoFi, and will take the form of ‘an innovative debit card backed by a cash management accounts,’ Samsung explained.” The mobile payments arms race continues, with Samsung having recently revealed that it is currently developing a payment card that will be associated with…

Access Softek Automates Investment Process with New EasyVest Tool

Access Softek Automates Investment Process with New EasyVest Tool

Access Softek has released an automated investment tool that was built to encourage participation in wealth management programs. The EasyVest solution is compliant with financial regulations and can be integrated into any existing online or mobile banking platform. EasyVest is specifically geared toward smaller, community financial institutions that have trouble competing with the more robust…

ABI Predicts COVID-19 will Lead to More Contactless Payment Cards

ABI Predicts COVID-19 will Lead to More Contactless Payment Cards

ABI Research is predicting that COVID-19 will accelerate the adoption of contactless payment cards. The firm now believes the number of cards issued in 2020 will exceed initial estimates by more than 110 million cards, a figure that will bring the total number of contactless payment cards in circulation to more than 2 billion internationally. …

Zwipe Teams Up with Another Hong Kong Card Manufacturer

Zwipe Teams Up with Another Hong Kong Card Manufacturer

Zwipe is continuing to make inroads in the Asian market. The company has formed a partnership with Hong Kong’s Asia Credit Card (ACC) to develop a full portfolio of biometric payment services and products. The partnership will focus primarily on biometric payment cards. Zwipe is planning to launch its Pay ONE platform later this year,…

JCB Announces ‘Tap on Mobile’ Payments Solution

JCB Announces ‘Tap on Mobile’ Payments Solution

Japan-based JCB has announced a new solution aimed at broadening the use of mobile payments. Dubbed ‘Tap on Mobile’, it’s a contactless payments program that JCB has developed in collaboration with Soft Space, an APAC-based FinTech company. Integrating JCB’s contactless engine for payment transactions, the program is designed to let end users make contactless payments…

Zwipe Teams Up with Toppan to Bring Biometric Payment Cards to Hong Kong

Zwipe Teams Up with Toppan to Bring Biometric Payment Cards to Hong Kong

Zwipe is teaming up with Toppan Forms Card Technologies to move biometric payment cards towards the commercialization phase in Macau and Hong Kong. The two companies will work together to develop new cards, and to market those cards to Toppan’s customers in the region. To that end, Toppan will integrate the Zwipe Pay ONE platform…

New ENACOMM Sales VP to Focus on Voice Tech for Banks

New ENACOMM Sales VP to Focus on Voice Tech for Banks

“With ENACOMM, Delaney will be promoting the company’s Financial Suite solutions, including the Virtual Personal Assistant for conversational AI interaction…” ENACOMM has appointed a new Vice President of Financial Sales to help promote its ENACOMM Financial Suite solutions. The new VP, Thomas Delaney, comes to the company after a 14-year stint with Jack Henry &…

Google Plans Debit Card with Biometric Security

Google Plans Debit Card with Biometric Security

Tech Giant Google appears close to announcing a new physical debit card to be used with its Google Pay payment platform, complete with biometric security. The news — which comes via a series of leaked documents obtained by TechCrunch — would position Google in the FinTech industry alongside competitor Apple, following the launch of the…

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