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…
Juniper Research has released a new report that suggests that the Mobile Financial Services (MFS) market is set to explode in the next few years. The firm predicts that the total transaction value of the market will climb from $580 billion in 2019 to more than $1 trillion by 2024. The expansion of the Latin…
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,…
Apple recently revealed that it is paying close attention to the growing cryptocurrency trend, though it’s not yet clear what role the company would like to play in the evolving market. “We’re watching cryptocurrency,” Apple Pay VP Jennifer Bailey told CNN during a private event. “We think it has interesting long-term potential.” “This would be…
In the wake of HID Global’s announcement that its technology would help students at South Carolina’s Clemson University to use virtual student ID cards on their iPhones and Apple Watches, Apple has revealed that it’s working to bring this functionality to many more colleges and universities this autumn. Not only Clemson University, but also Georgetown…
Looking back on this week’s most popular articles on Mobile ID World, it’s clear that money was the big theme. Breaking that broad theme down further, a major topic was digital wallets. Mezu and Mastercard announced a new digital debit card for mobile payments, and a cryptocurrency wallet revealed some hard evidence of the security…
Mezu is teaming up with Mastercard to release a digital debit card that will allow Mezu users to make purchases anywhere Mastercard is accepted. Mezu is a mobile payments app that does not share any personal information or transaction history with third parties and leverages biometric authentication for added security. The partnership with Mastercard will…
“We consider the partnership with LG as proof of the market leadership of our mobile payment solutions competence and look forward to continue developing LG Pay together with LG.” G+D Mobile Security is providing cloud payment services to help LG bring the LG Pay platform to the United States. The US is the first country to…
The 2020 Tokyo Olympics and Paralympics are just a year away, and as the Olympic Games’ Worldwide Payment Technology Partner, Visa is once again gearing up to promote cutting-edge payments technologies among attendees and even participants. Working with its partners, the financial services giant promoted the use of wearable payment devices – including a wristband…
Shell and WEX are releasing a new mobile app that will allow drivers to pay for gas without needing to leave their cars. WEX Fleet DriverDash processes payments electronically, using a smartphone’s biometric features to authenticate each transaction. “DriverDash delivers increased security and control for fleet managers, while offering drivers a faster and easier…
NTT DOCOMO is joining forces with the LINE Pay Corporation and Merpay, Inc. in an effort to promote cashless transactions in Japan. The three companies respectively operate the d Barai, LINE Pay, and Merpay mobile payment platforms, and will each redesign their apps to allow them to recognize QR codes and payments from the other…
IDEMIA is joining forces with G+D Mobile Security to form the White Label Alliance, a new, independent organization that will work to establish global standards for the payments industry. The standards will be based on existing EMV technology, and will cover all aspects of the industry, including payment cards, terminals, and mobile devices. “Supporting open…
LiteLink is launching a new digital wallet designed for customers without a bank account. Developed by the LiteLink subsidiary uBUCK Technologies, the new payment app is called uBUCK Pay and is scheduled to begin its closed beta in June 2019. uBUCK Pay is built on the Waves blockchain, and has a few features that are…
The Apple Pay network continues to expand. The tech giant has announced that its biometrically secured mobile wallet platform is now available in Iceland, launching with support from the Icelandic banks Arion Banki and Landsbankinn. More banks are expected to add support for the platform in the not-too-distant future. To use Apple Pay, Arion Banki…
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. …
“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…
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…
