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Consumers, retailers and other business customers can now remotely verify their identity when opening an account or applying for a loan with Belgium-based Aion Bank by scanning the contactless chip embedded in an ID document with their NFC smartphone or other mobile device and validating the information via a facial recognition check. The bank’s digital […]

Google Pay users in the US will soon be able to access mobile transit ticketing services including fare payments and transit card management directly from the app’s home screen on their smartphone or other mobile device. “Tap the ‘Ride transit’ shortcut and you will be able to purchase or add a transit card, top up

Porsche owners in Australia can now be guided to, gain entry to and make contactless payment for off-street parking in the city of Melbourne directly from their in-vehicle touchscreen using the luxury vehicle manufacturer’s smart parking app. To use the service, owners first register for and download the Porsche Park app, adding their preferred payment

The People’s Bank of China (PBOC) and the Industrial and Commercial Bank of China (ICBC) have unveiled prototype hardware devices that support the use of the digital yuan central bank digital currency (CBDC) across a range of different use cases. The banks demonstrated the devices at the fourth Digital China Construction Summit in the city

Consumers in the South Korean province of Gyeonggi-do will soon be able to make mobile payments using local currencies issued by 28 cities and counties across the region using a local currency easy payment platform. The province has signed an agreement with Samsung to develop the platform that will enable users to load Gyeonggi local

Norway’s central bank Norges Bank is to test “various technical solutions for a central bank digital currency (CBDC) over the next two years”, the bank’s CBDC working group has announced in its third project report. “Norges Bank’s research into CBDCs has run for a good four years. A new element moving ahead will be technical

Russia’s domestic payments system Mir is adding support for Apple Pay, enabling banks to let customers link a Mir payment card to Apple Wallet and use it to make mobile payments. “Issuers will be able to provide holders with the opportunity to tokenize Mir cards on Apple devices to perform tokenized transactions using the Apple

Passengers on public transportation services in Ireland can now use an NFC-enabled iPhone to top up their Leap transit card using Transport for Ireland’s (TfI) Leap Card top-up app. The app also enables users to check their card balance and to load pre-purchased tickets simply by tapping their physical Leap Card with their iPhone 7

Projects to develop a retail central bank digital currency (CBDC) for use by consumers and businesses are “more advanced” and “particularly strong” in emerging economies, according to analysis by global consultancy firm PwC. The firm’s Global CBDC global index 2021 “is designed to measure a central bank’s level of maturity in deploying their own digital