peachwire

From digital keys to diagnostics data transmission, consumables monitoring, in-vehicle payments, infotainment connectivity and car sharing, NFC technology offers an array of opportunities for vehicle manufacturers to add value, STMicroelectronics’ Rene Wutte explains in a webinar hosted by NFCW’s Sarah Clark. The range of in-vehicle use cases for NFC technology is expanding rapidly and its […]

Iconic designer Philippe Starck has created a smart ring that can be used to store payment cards and transport passes, make contactless payments, and transfer business and ID information. The Aeklys by Starck ring operates without needing to be connected to a smartphone or network and does not require charging as it works without a

Users of Razer Pay, a digital wallet operated by gaming lifestyle brand Razer in Singapore, are taking part in the beta test of a premium prepaid card that lights up whenever a contactless payment is made. The Visa-supported Razer Card has been launched by Razer’s fintech arm with the aim of expanding “digital payments access

Audi drivers in North America will soon be able to use a factory-installed RFID module to make in-vehicle toll payments across the country. The integrated toll module (ITM) is to be included in “much of the 2021 Audi line-up”, the car maker says. “Someday, RFID technology could be used in fast food or coffee shop

Apple has filed a patent application with the US Patent and Trademark Office for a digital identity credential system that would enable users to securely store and present documents such as their passport or driving licence digitally on their electronic and mobile devices. The Controlled Identity Credentials Release patent describes how a technology that enables

A working group set up by seven central banks and the Bank for International Settlements (BIS) has laid out a set of ground rules for the successful issuance of central bank digital currencies (CBDCs). CBDCs must be resilient, secure, convenient, available at low cost, be underpinned by appropriate standards and a clear legal framework, and

Krispy Kreme customers in Charlotte, South Carolina in the US, can now use their mobile device to buy selected variety packs of doughnuts from an automated cash-free vending machine that is in operation 24 hours a day. They order on a touchscreen and are then given the option of making a mobile payment or using

Passengers using public transport in the greater Ann Arbor area of Michigan in the USA can now buy tickets and passes on services operated by TheRide area transportation authority using the EZfare mobile ticketing app. The app is available for both iOS and Android devices and has been integrated with Mobility-as-a-service (MaaS) apps including Transit,

While Alipay and WeChat Pay have by far the largest number of mobile payments users in China overall, younger and more affluent consumers are more likely to use less well known services such as Du Xiaoman Pay and QQ Wallet, an in-depth market analysis by S&P Global has found. Adults under the age of 30

The number of digital wallet users globally will increase from 2.3bn in 2019 to 4bn in 2024 and global non-cash transactions will grow to nearly 1.1tn in 2023 from 708.5bn in 2019, according to the World Payments Report 2020. Automated payment processes, such as self-checkout services, are forecast to reach a compound annual growth rate