mobile payments

NXP and Google Pay Update Melbourne’s Transit System

NXP and Google Pay Update Melbourne’s Transit System

Public Transit Victoria (PTV) has integrated NXP’s MIFARE 2GO to create a mobile version of its myki transit cards. MIFARE 2GO is a cloud-based Android platform that will allow Australian commuters in Melbourne and the surrounding area to forego physical tickets and ride the bus, train, or tram after purchasing a fare with Google Pay.   …

Apple Innovates on the Credit Card Concept with Biometric Security, Daily Cash Back

Apple Innovates on the Credit Card Concept with Biometric Security, Daily Cash Back

“A titanium physical card will also be available for shopping in stores, but the card won’t feature a card number, CVV, signature, or even an expiry date – all of that information will need to be accessed from the iPhone.” The rumors were true: Among its other announcements this week, Apple has unveiled a new…

Report Shows Mobile Wallet Usage Rates will Continue to Rise Through 2020

Report Shows Mobile Wallet Usage Rates will Continue to Rise Through 2020

The growth of mobile wallets doesn’t look like it’s likely to slow down anytime soon. That’s according to new research from Germany’s yStats.com, which indicates that the usage rates for Apple Pay, Samsung Pay, and Google Pay will continue to rise through 2020. Apple Pay was the most popular of the three, and is expected…

Apple Pay Now Has 383 Million Users: Loup Ventures

Apple Pay Now Has 383 Million Users: Loup Ventures

Apple’s biometrically secured digital payments platform continues to attract new users, according to a new analysis from Loup Ventures. The venture capital firm had estimated in August of last year that Apple Pay had attained 31 percent of active iPhone users; now, after assessing data points from Apple’s December 18th earnings call, the firm says…

Mobile Money Accounts Jumped 20% in 2018: GSMA

Mobile Money Accounts Jumped 20% in 2018: GSMA

Money is going mobile in a big way, suggests a new report issued by the GSMA on the occasion of this year’s Mobile World Congress. Among the notable findings in the mobile alliance’s new “State of the Industry Report on Mobile Money” is the news that at the end of 2018, there were over 866…

Mobile Biometric Retail Payments Come to Romania

Mobile Biometric Retail Payments Come to Romania

Romania is getting its first biometric payment system thanks to a new partnership between Wirecard and Oney Bank. The two organizations will collaborate on Well.com, a mobile app that will allow customers to use their fingerprints or a QR code to authorize payments in Auchan Retail stores throughout the country. “Payment methods are continuously improving…

Juniper Research Goes Bearish on mPayments in New Report

Juniper Research Goes Bearish on mPayments in New Report

“The window of opportunity in the US for mobile payment providers like Apple Pay and Google Pay is closing fast,” writes Juniper Research in a new report on the mPayments market. Assessing the results of a survey of over a thousand smartphone users across the US and the UK, Juniper Research finds dismaying trends for…

Discover Lends Support to Garmin Pay Platform

Discover Lends Support to Garmin Pay Platform

“Based on the FitPay mobile payments platform, Garmin Pay allows users to upload their payment information so that they can make contactless, tap-to-pay purchases using their wristband devices.” Garmin Pay has a big new supporter: Discover has announced that its credit cards can now be used together with the wearables-focused mobile payments platform. The news…

Target Concedes Support to mPayment Rivals

Target Concedes Support to mPayment Rivals

Apple is not alone in gaining support for its mobile payments platform from Target: The major US retailer has announced that it’s also preparing to enable support for Google Pay and Samsung Pay. Apple announced its support yesterday, marking something of a breakthrough in its efforts to gain support among US merchants. Target was one…

Apple Pay Now Supported by Almost Three-Quarters of Top 100 US Merchants

Apple Pay Now Supported by Almost Three-Quarters of Top 100 US Merchants

More major US retailers have come onboard in supporting Apple Pay, its biometrically secured digital wallet. Apple has announced that support for its mobile payments platform will be in place at all 1,850 Target stores in the country “in the coming weeks,” according to a statement. And Apple Pay support has also been implemented at…

Garmin Pay Ecosystem Expands with New Smartwatch

Garmin Pay Ecosystem Expands with New Smartwatch

The Garmin Pay mobile payments system for wearables has further expanded, this time through a new version of the Vivoactive 3 Music smartwatch. The new wearable was announced at this year’s Consumer Electronics Show. In its core specs, it’s pretty much the same as the last version of the device, able to store about 500…

Visa-SiriusXM Collaboration Could Bring In-Car Payments to the Fast Lane

Visa-SiriusXM Collaboration Could Bring In-Car Payments to the Fast Lane

“…the system will use biometric authentication to confirm the payments, with Visa and SiriusXM suggesting in a statement that they’re consider the use of voice recognition and fingerprint scanning through the dashboard’s touchscreen.” SiriusXM is getting into the payments business, with a Visa partnership aimed at delivering in-car payments to consumers. Thanks to the companies’…

Applied Recognition Enables ID Verification for SmartPay

Applied Recognition Enables ID Verification for SmartPay

Biometric technology from Toronto-based Applied Recognition is now being used to verify individuals signing up for SmartPay, a mobile-based financial services platform operating in Vietnam. The integration of Applied Recognition’s Ver-ID facial recognition technology means that end users can confirm their identities simply by submitting a selfie photo through the platform. At the same time,…

Google Pay Makes Tardy French Debut

Google Pay Makes Tardy French Debut

“The French launch of Google Pay also comes after a major extension of its support in the US, with Google announcing in late summer that 111 additional banks and credit unions were supporting the platform.” Google’s mobile payments platform has finally arrived in France, long after its major rivals. Six banks and credit card companies – Boon,…

Bixby to Start Trading Stocks in 2019

Bixby to Start Trading Stocks in 2019

Samsung’s Bixby virtual assistant will soon be able to buy and sell stocks via voice command. The functionality is currently being developed by DeepSearch, a Korea-based data analytics service whose platform is designed to deliver important information about publicly traded companies to end users. Accordingly, as the Korea Herald reports, the new Bixby capability will…

Competition Commission Raids Swiss Banks Over Alleged Collusion Against Apple Pay, Samsung Pay

Competition Commission Raids Swiss Banks Over Alleged Collusion Against Apple Pay, Samsung Pay

Switzerland’s Competition Commission, WEKO (for “Wettbewerbskommission”), has raided the offices of Credit Suisse, UBS, TWINT, and other domestic financial services providers in a probe concerning unfair business practices toward mobile payments platforms including Apple Pay and Samsung Pay. WEKO says it is investigating the possibility that these organizations have organized a boycott of the mobile…

Apple Sees Record Revenues in Latest Quarter, with Services at $10B

Apple Sees Record Revenues in Latest Quarter, with Services at $10B

“There are also signs that Apple is seeing more of a return on its Apple Pay mobile payments service…” Apple’s face-scanning new iPhones are a big hit, if its latest quarterly update offers any indication: Revenues are up 20 percent, year-over-year. The figure itself for those quarterly revenues is a stunner: $62.9 billion. And while…

Goode Intelligence Market Forecast Charts Rise of Biometric Payments

Goode Intelligence Market Forecast Charts Rise of Biometric Payments

Just in time for this year’s Money20/20 event in Las Vegas, Goode Intelligence has issued a new report on the growing prominence of biometric technology in payments, entitled, “Biometrics for Payments; Market and Technology Analysis, Adoption Strategies and Forecasts 2018-2023 – Second Edition”. Much of the report’s analysis concerns the same trends outlined in FindBiometrics’…

IDEMIA Helps JCB to Enable Google Pay for Customers

IDEMIA Helps JCB to Enable Google Pay for Customers

“…IDEMIA technology is playing a vital role in the process of converting real payment cards into virtual Google Pay payment cards, not just for JCB but also its issuing and processing partners.” IDEMIA is going to help deliver Google’s mobile payments platform to Japan in collaboration with JCB, the company has announced. The Google Pay…

Pages
  • 1
  • 2