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JPMorgan Chase’s JPM Coin digital currency is now being used commercially for cross-border payments by “a large international technology company”, the US banking giant’s Takis Georgakopoulos has told CNBC. The development comes as the bank also launches Onyx, a new division to handle its blockchain and digital currency initiatives. “We are launching Onyx because we […]

Passengers on Chicago Transit Authority (CTA) bus and train services can now use their iPhone or Apple Watch to make tap-and-go fare payments via Apple Pay’s Express Transit mode by uploading the authority’s Ventra transit card to their Apple Wallet. Express Transit enables passengers to pay without needing to unlock or wake their Apple device,

Students and staff at the University of Tennessee in the US are now using mobile campus ID cards stored on their iPhone or Apple Watch to gain access to buildings and make on- and off-campus payments an average of 46,000 times a day, more than double the average six months ago. The Knoxville-based university launched

The Central Bank of Russia (CBR) has begun a public consultation on the launch of a central bank digital currency (CBDC) that would allow citizens to use “mobile devices and other media” to make payments using a digital ruble. The Digital Ruble: Public Consultation Report lays out possible options and ways to implement a digital

Payment system operators in India can no longer issue new proprietary QR codes for mobile payments, the Reserve Bank of India (RBI) has announced. The move is part of the RBI’s plan to implement a fully interoperable QR code infrastructure in 2022. India’s two existing interoperable QR codes, UPI QR and Bharat QR “shall continue

Visa has processed 500m additional PIN-less, touch-free transactions since contactless payment limits were increased in 29 countries across Europe in response to the Covid-19 pandemic, the card network reports. “The growing demand for contactless is visible across Europe, where over 75% of in-store Visa payments are now contactless,” Visa says. “In some European countries, the

Passengers who use their Opal transit card to pay for transport fares in the Australian state of New South Wales are to take part in a pilot of a digital version of the card which is set to go live before the end of this year. The trial will involve 10,000 Opal card users and

Customers of Walgreens in the USA can now use their payment card loyalty points to make full or partial payments for purchases they make in stores. After swiping or tapping an eligible payment card, customers will be given the option to ‘pay with points’, with a prompt on the card terminal asking if they want

Customers of HSBC Bank Canada can use their bank cards, mobile phones and wearables to make contactless donations to the Royal Canadian Legion’s National Poppy Campaign via tap-enabled donation boxes. The Pay Tribute boxes enable customers to make a C$2 (US$1.52) donation to the charity with a tap of their card or payment-enabled device and