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…
The emerging biometric payment cards market remains an area of intense focus for a number of fingerprint sensor specialists, FinTech stakeholders, and banks. Fingerprint-scanning payment cards are expected to be the next big wave in the world of financial services, enabling highly secure contactless transactions by authenticating cardholders as they tap to pay at a…
Real-Time Payments are set to drive the most significant transformation in the global payments landscape since the introduction of today’s electronic payment mechanisms. In the digital era, it is incomprehensible why e-payments should take longer than e-mails or instant messages/ SMS, live movie streaming or Instagram. There is a definite growing demand for immediacy of…
Growth consultancy Frost & Sullivan has named Gemalto the recipient of its 2018 Middle East & Africa Customer Value Leadership Award. The award is in recognition of PURE, Gemalto’s white label payments platform that is designed to let domestic schemes and private label card issuers offer their own payment cards to customers. The system was used…
Apple Pay has made it to Norway, launching in the country with the support of Nordea Bank, Santander Bank and Sbanken. The banks are allowing customers to upload their Mastercard, Visa, and debit cards to Apple’s biometrically secured mobile payments platform. Meanwhile, Danish merchant acquirer Clearhaus says it’s extending Apple Pay support across Norway-based online merchants.…
Mobile Point of Sale (mPOS) terminals are going to see huge growth over the next several years, and a small chunk of them are going to be biometric, according to a new market forecast from Juniper Research. The firm predicts that by 2023, almost one in four POS transactions will be on mobile POS devices.…
Apple is delving into mobile access control, in collaboration with HID Global and ASSA ABLOY. The companies are developing a mobile ID solution that will essentially create a virtual smart card for students in the Apple Wallet app. The virtual student ID card is designed to take advantage of NFC technology, allowing students to open…
“The move comes soon after JCB enabled Google Pay in its home country, reflecting the company’s growing interest in novel payment technologies.” Japanese credit card company JCB is now supporting Apple Pay in Taiwan, the company has announced. JCB’s support in Taiwan comes in partnership with E.SUN Bank and Union Bank of Taiwan, with Taiwan…
IDEMIA and US-based payment processor WorldPay are embarking on North America’s first trial program of IDEMIA’s Motion Code payment card solution. Motion Code was first launched in the autumn of 2016 by Oberthur Technologies, before that company merged with Safran Identity & Security to form what is now IDEMIA. The solution essentially replaces the three-digit…
NXP Semiconductors has unveiled a new digital wallet system designed for easy integration into a range of potential hardware products. Developed in collaboration with Mastercard and Visa, the mWallet 2GO solution features NFC for contactless payments, a comprehensive Secure Element system, and functionality with the Mastercard Digital Enablement Service and Visa Token Service platforms. It…
Apple may have found a new venue for the promotion of its biometric mobile payment platform: concerts. The company trialed a new order-ahead system at the recent BottleRock music festival near San Francisco, allowing Apple Pay users to order a drink from a concession stand, pay for it, and then just walk up and grab…
Precise Biometrics and NXP Semiconductors are teaming up on contactless biometric payment cards. The collaboration’s announcement comes just about a week after Precise Biometrics unveiled Precise BioMatch Card, an adaptation of its Precise BioMatch Embedded fingerprint algorithm solution that is tailored for smart card and payment card integrations. Precise BioMatch Card will be integrated into…
The FIDO Alliance and EMVCo are deepening their partnership, announcing that they are going to collaborate together on refining standards concerning the transmission of FIDO authentication data through EMV 3-D Secure (or “3DS”) messages. The aim is to make this process “scalable and interoperable across the EMV payments ecosystem,” according to a statement from the…
At the outset of this week’s Money20/20 Europe event in Amsterdam, Zwipe is highlighting enthusiasm for biometric payment cards among the Dutch. The company makes its case with recent market research from Motivaction, which polled over 1000 residents of the Netherlands between the ages of 18 and 65. According to a statement from Zwipe, the…
Mastercard is hearing increasing chatter about ‘conversational commerce’, an emerging shopping experience in which users make purchases by talking with AI bots. The company’s new report on the matter, “Is anybody there? Giving Conversational Commerce a voice”, draws on a few recent findings from Mastercard’s own research and that of CapGemini, Walker Sands, and OC&C.…
Starbucks, of all companies, is leading the mobile payments race, beating out Apple Pay, Google Pay, and Samsung Pay, according to a new market report from eMarketer. The market research firm estimates that this year about 23.4 million people aged 14 and over will use the Starbucks app for an in-store purchase at least once…
“This is a minor volume, but an important milestone for us, and shows that we are on the right track towards commercializing our smartcard offer.” – Thomas Rex, SVP Business Line Smartcards, Fingerprint Cards Fingerprint Cards has received orders for its T-Shape fingerprint sensor module from “two major global card manufacturers,” the company has announced.…
“Card Tech will use FPC’s T-Shape sensor module in a forthcoming dual interface card for contact-based and contactless transactions.” Fingerprint Cards (FPC) has won over another new partner in its bid for marketshare in the emerging biometric payment cards space. The company has teamed up with Italian biometric smart cards specialist Card Tech. Card Tech…
Users of Google Pay in Japan can now add their Suica and WAON cards to the app. These are two major prepaid payment cards in the country, both based on Sony-developed FeliCa NFC technology. While both cards enjoy popularity, the Suica support could prove particularly advantageous to Google Pay users as the card is accepted…
