Apple is changing the privacy policy of its Apple Card in order to share more user data with its financial partner, Goldman Sachs – but for many, that might be a good thing. Apple says that the data to be shared will be aggregate and anonymized, and is aimed at giving Goldman Sachs more clarity…
The U.S. fintech company HUMBL is entering the Indian market through a strategic partnership with Digital India Payments Limited (DIPL). DIPL currently provides payment processing services at more than 30,000 locations in India, and at additional locations in Nepal, Bangladesh, the Maldives, Myanmar, and Sri Lanka. HUMBL, meanwhile, is a mobile payments specialist. The company…
The Virginia Department of Motor Vehicles is hoping to make the DMV experience a little more convenient for Virginia residents. The Department has announced that it will now accept Apple Pay, Google Pay and Samsung Pay at all of its 75 locations across the state. Citizens can also use the mobile wallets at any DMV…
Apple has entered into negotiations that could bring Apple Pay to Israel. The tech giant is now in talks with Israeli banks and credit companies, although the two sides are currently at odds over Apple’s high commission fees, which are usually somewhere between 0.15 and 0.25 percent of each transaction. While those numbers may not…
Trustonic’s Trusted Execution Environment (TEE) technology has officially made its way through the EMVCo’s mobile payment certification process. In plain terms, that means that any mobile payment apps that choose to adopt Trustonic’s security services can do so knowing that they will be compliant with the EMVCo’s strict mobile payments regulations. According to Trustonic, its…
QRails has teamed up with Samsung Pay to improve the loyalty programs for several football clubs in the UK. The partnership will allow fans of Queens Park Rangers, Swindon Town, and Peterborough United to add a club-branded debit Mastercard to a Samsung Pay account, which will then allow them to use Samsung Pay to complete…
Syniverse has formed a strategic partnership with Samsung SDS that will lead to the development of a universal mobile payments platform. The two companies came to the table to sign a Memorandum of Understanding during the recent CES event in Las Vegas. The new payments platform is designed to be wallet-agnostic, which is to say…
Samsung has released a new rugged smartphone designed for the company’s enterprise customers. The Galaxy XCover Pro features a long-lasting (and replaceable) 4,050mAh battery to deliver reliable performance for long days in the field. It is also MIL-STD 810G certified and IP68 water and dust resistant, allowing it to withstand rain and other adverse conditions. …
Samsung is finally giving Samsung Pay users the opportunity to prevent the sale of their personal data. The decision seems to be a response to the incoming California Consumer Privacy Act (CCPA), which seeks to give California residents more control over their personal information while making the data collection process more transparent. To that end,…
Juniper Research has released a new report that predicts that there will be more than 161 million contactless Point-of-Sale (POS) terminals in use by 2024, more than doubling the total number of such terminals in 2019. There are currently around 78 million contactless POS terminals in circulation. POS terminals without contactless capabilities will be rapidly…
A new report from Juniper Research suggests that biometric technology will revolutionize the mobile payments industry over the next few years. The firm predicts that consumers will use biometric authentication to conduct $2.5 trillion in payment transactions on mobile devices by 2024. That number represents a massive 1,000 percent increase over the comparable $228 billion…
Payments and financial services are key themes in this week’s roundup of Mobile ID World’s most popular stories. Apple’s mobile payments platform, for example, got reader attention with its ongoing expansion in the wake of Apple’s launch of its own mobile-first credit card: Apple Pay Extends Reach in Europe And a bona fide credit card…
Apple Pay has now arrived in Bulgaria and Belarus. Apple’s biometrically secured mobile payments platform arrived in the former country via First Investment Bank, or Fibank, earlier this month; in Belarus, meanwhile, the platform has just launched with the support of BPS-Sberbank. As 9to5Mac reports, this is the domestic arm of the major Russian bank…
The card consolidation platform Curve is now compatible with Samsung Pay. The integration will allow Curve users to link their Samsung Pay account to a debit or credit card from Mastercard or Visa, and gives those users their first entirely mobile payment option. Curve provides its customers with an app and a card that allows…
IDEMIA and Mobeewave are extending their payments partnership in Australia. The two companies first joined forces in 2017, and are now working together to bring NFC-enabled contactless payments to brick-and-mortar retailers across the country. The joint solution combines IDEMIA’s Digital Enablement Platform with Mobeewave’s contactless payment processing platform, which is compliant with the latest Payment…
Google has now enabled facial recognition as a means of authentication on its Google Pay mobile payments platform. The move is the result of Google’s recent launch of the Pixel 4 and Pixel 4 XL smartphones. Whereas previous devices in Google’s Pixel line used fingerprint recognition as the primary means of biometric authentication, with the…
It’s been another varied week in Mobile ID World’s coverage of the latest innovations in mobile tech, payments, the Internet of Things, and more. And the latest roundup of the week’s most popular articles reflects that variety. If there’s any kind of trend in this latest batch, it may be FinTech, with two of this…
Samsung is once again following Apple’s lead in their ongoing digital money rivalry, announcing a new digital wallet system called Samsung Pay Cash. It’s essentially a means of letting users of Samsung Pay, Samsung’s mobile payments system, carry a balance on their Samsung smartphones. A user can load money onto Samsung Pay Cash, and then…
“The new Tap&Pay system doesn’t even require users to ‘wake up’ their smartphone screen; essentially the phone – so long as it’s running on Android P or later – becomes its own kind of contactless transit card.” Samsung has made its mobile payments platform easier to use on public transit in two major American cities,…
