“At its outset, PartX’s platform revolves around the tokenization of payment card details, which helps to secure digital transactions.” Nxt-ID, the parent company of wearable payments specialist Fit Pay, is launching a spinoff subsidiary that will manage its IoT payments activities. The spinoff, which was recently approved by Nxt-ID’s Board of Directors, will be called…
During the group stage of the FIFA Women’s World Cup, Visa found that fans across the host cities in France made purchases using contactless payment technology 51 percent of the time. The financial services giant, which is FIFA’s Official Payment Services Partner, says these purchases were performed using a variety of mechanisms, including smartphones, wristbands…
“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…
“At Money20/20, Tappy is highlighting its partnerships with financial services firms such as Barclays, ICICI Bank, India’s Axis Bank, and Expresspay Card, a card issuer co-created by Bank of China and China UnionPay.” Hong Kong-based Tappy Technologies is showing off its wearable payment solutions at this week’s Money20/20 show in China. The company’s payment solutions…
“Zwipe is paving the way to enable financial services in wearable devices, in addition to payment cards. Tappy Technologies is a proven leader in this segment and we are very excited to join forces in bringing this innovative solution into the hands of the consumer.” -André Løvestam, CEO, Zwipe A new partnership is poised to…
“The PayWear solution essentially revolves around a small chip called the “PayWear Card”, which can be inserted into a wristband or a small silicone token called the PayWear Keeper.” Australian bank Westpac has bestowed IDEMIA with an innovation award for its efforts with PayWear, a wearable payments solution that bank offers to its customers. The…
NXT-ID subsidiary Fit Pay is on a roll, according to its President. Speaking on the Investorideas.com podcast, Fit Pay President Michael Orlando pointed to new fitness tracking products that feature Fit Pay contactless payments technology, and hinted at new developments to come. The recently launched products are both from Garmin. One is the Vivoactive 3…
