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…
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…
“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…
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…
“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,…
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…
“With over 11 patented technologies in our portfolio and many more pending, we continue to demonstrate our commitment to creating the most advanced and accurate iris recognition-based solutions to ensure accurate and convenient authentication of people and access to assets.” – Mark Clifton, CEO, Princeton Identity Princeton Identity has been granted three new patents for…
Samsung Pay has now reached South Africa, the company has announced. Samsung’s mobile payments platform arrives in the country with the support of domestic banks Absa and Standard Bank, as well as Visa and Mastercard. Other partners for the launch include Virgin Money, British Airways, and the Avios airfare rewards program. In a post on…
“…Samsung Pay’s MST technology will allow them to use their Chase Pay accounts to make purchases at virtually any point of sale using their phones, even those that would seem to only support swipe-based payments.” Samsung and Chase Bank have teamed up to integrate the latter’s mobile payments platform into the former’s. That means consumers…
“They trained their deep learning system on a database of 574 near-infrared post-mortem images, as well as a database of 256 images of irises from live subjects…” Polish researchers are working on technology that can prevent fraudsters from using the iris biometrics of dead people. The researchers, Mateusz Trokielewicz, Adam Czajka, and Piotr Maciejewicz, have published…
“…evidently the time has come for eBay to offer its end users more options for paying for their purchases, and that’s good news not only for Apple but for the likes of Samsung and Google, which may very well also seek to get their digital wallet platforms integrated into eBay’s system.” eBay is starting to…
Samsung is no longer including its mobile payments platform in budget-friendly devices. Whereas budget devices like the Samsung Galaxy J5 and J7 launched with Samsung Pay last year, in 2018 only three of 10 Samsung smartphones featured the payments app – the new Galaxy S9 devices, and the A8. According to new reports, the strategy…
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…
