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Vipps, MobilePay and Pivo to merge and launch single digital wallet across Scandinavia

SHARED PLATFORM: The MobilePay, Pivo and Vipps merger will see the creation of a single digital wallet Bank-owned Nordic mobile payment providers Vipps in Norway, MobilePay in Denmark and Pivo in Finland are to merge and will create a single digital wallet that consumers can use in all three countries, as well as for cross-border […]

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Researchers unveil dissolvable wireless pacemaker powered by NFC

NFC ENERGY: The transient pacemaker provides temporary cardiac support before gradually dissolving Scientists at Northwestern and George Washington universities in the US have developed a wireless, battery-free implantable pacemaker that uses NFC to harvest energy from an external antenna and dissolves after it is no longer needed to control a patient’s heartbeat. The device —

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Digital payments now exceed cash for purchases at US vending machines

CASHLESS: Digital purchases at vending machines using Canteloupe’s payment platform now outstrip cash The average number of digital payments made for purchases from vending machines in the US grew steadily during 2019, finally exceeded those made with cash in April 2020 and continued to increase over the course of 2020, a new study shows. By

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Eftpos rolls out secure digital identity exchange for Australian consumers

TRUSTED: ConnectID allows users to athenticate their ID with organisations by linking to a verified digital ID Australia’s Eftpos national debit card system has launched a digital identity exchange solution that enables consumers to share personal information held by trusted digital ID providers in a wide range of use cases, from opening an online account

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US credit union to let customers authenticate banking transactions with mobile driving licence

DIGITAL PROOF: Drivers with an mDL will be able to use it as legal ID for all UCCU banking transactions Utah Community Credit Union (UCCU) is to become the first financial institution in the US state to let its customers use Utah’s mobile driving licence (mDL) as a legal form of identification for all banking

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Russian fast food chain rolls out biometric payments so customers can ‘pay with a glance’

Customers at Kio Kukhnya fast food outlets in the Russian city of St Petersburg can now pay for their food and beverages at payment terminals equipped with biometric pay-with-a-glance technology. Once they have registered for the service via an app, users save their facial biometrics to the system and link their account to their payment

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Hong Kong virtual bank launches ‘all-in-one’ numberless debit and credit card

Customers of Hong Kong-based virtual bank Mox can now apply for an “all-in-one” numberless payments card that they can choose to use as either a debit or a credit card whenever they make a transaction. Users can link the new Mox Card to both their Mox bank and credit card accounts and use a “flip”

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Survey: more than six in ten US consumers say they would pay for a biometric card

Some 65.5% of US consumers would pay for a biometric credit card that has a built-in fingerprint reader for authenticating payments, according to a survey of American credit card users. It also found that 60.2% of respondents would prefer to pay a one-time fee of US$69.95 that covers the whole three-year lifetime of a biometric

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