Monday, October 14, 2019
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1 in 5 Smartphones will have NFC by 2014

A new market forecasts from Juniper Research show rapid adoption of NFC services over the next 3 years, with at least 1 in 5 smartphones worldwide having NFC contactless functionality. Worldwide, Juniper forecasts almost 300...

Bell ID launches NFC secure element in the cloud

The new service enables keys, certificates and NFC credentials to be stored securely in a remote location, rather than in the mobile device, is fully compatible with standard EMV contactless payments terminals and enables...

VeriFone partners with Bling Nation for contactless initiative

VeriFone has announced a partnership with Bling Nation (MPW 136, 149) joining efforts to support an introductory mobile payments program in California, USA utilizing VeriFone payment solutions. The new program enables businesses and customers to...

Shipments of secure elements jump by over 12% in 2014

Eurosmart has released the 2014 figures for the worldwide secure elements shipments and the smart secure contactless markets as well as the corresponding 2015 forecast. The data provided by Eurosmart consist of the consolidated figures...

PayPoint begins full contactless deployment on its POS estate

The UK's PayPoint has become the first cash payments network to introduce the acceptance of contactless credit and debit card payments at stores within its national network. 1,000 PayPoint retailers nationwide already accepting credit...

Portuguese contactless payment project MobiPag

Morpho (Safran) announced its participation in the Portuguese MobiPag project, the first results of which were publically demonstrated on April 10. The project aims to develop the dematerialization of payments with the use of...
Four new UK banks added to Android Pay

Updated Android Pay selected by top global banks to enhance mobile banking apps

Android Pay has linked its mobile wallet service to a handful of mobile banking apps, giving consumers the ability add their cards more quickly to the mobile wallet. Customers of Bank of America, Bank of New Zealand,...

UK businesses losing out if they do not have contactless

As usage of contactless cards has trebled, just under half of consumers (47%) expect, or would prefer, businesses to offer contactless payment for low-value transactions, according to new research from Lloyds Bank Cardnet. Despite its...

Bankinter develops NFC service eliminating secure elements

Bankinter has developed an NFC payments solution that works without a secure element, potentially cutting out both mobile network operators and players like Google from the NFC payments business. Bankinter's technology is completely software-based. The...

The EPC and GlobalPlatform sign MOU for contactless ecosystem

A Memorandum of Understanding (MoU) has been agreed between the decision making body of the European payments industry, the European Payments Council (EPC) and GlobalPlatform, the international specification body for smart card infrastructure, to...

Latest News

Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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