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Swedish consumers could be able to make and receive low-cost instant cross-currency transactions to and from any euro area country via the Target Instant Payment Settlement (TIPS) platform once the Swedish kronor joins the platform in May 2022. TIPS currently supports real-time cross-border payments and fund transfers between accounts held in euros, but the European […]

PARTNER NEWS: Employers can now provide their staff with a wearable wristband that uses continuous biometric authentication to enable them to securely gain hands-free access to buildings, devices and computer networks throughout the working day. The new solution combines HID Global’s next-generation Seos mobile credential technology with the Nymi Band 3.0, a workplace wearable wristband

More than 113,000 Chinese consumers have now used a digital wallet supporting “multiple payment methods, including barcode, facial recognition and tap-and-go transactions” to conduct a transaction using China’s new central bank digital currency, the People’s Bank of China has revealed. Read the rest of PBOC reports results of central bank digital currency pilot at NFCW.

Students using Chick-fil-A’s mobile ordering service at the fast-food chain’s on-campus outlets at 15 universities in the USA can now check-in to pick up their order by tapping an NFC tag installed on posters inside the restaurant. The system has been introduced to improve pick-up efficiency and ensure that orders are put through to the

Pasmo transportation card holders in Japan can now use Apple Pay Express Transit to pay for their transit fares and other Pasmo-supported transactions using their iPhone or Apple Watch. Once they have uploaded their Pasmo card to Apple Pay and transferred or added stored credit, users can then pay train, subway and bus fares in

Collectors, investors and dealers in rare and valuable coins, banknotes, medals and tokens can now verify the authenticity of items certified by the US-based Professional Coin Grading Service by tapping an NFC chip embedded in PCGS holders with their smartphone. PCGS has begun inserting NFC chips developed by HID Global in its coin and banknote

Passengers using suburban rail services in Spain’s 12 largest metropolitan areas will soon be able to use their physical or digital contactless bank card to pay for their fares on EMV readers installed in station turnstiles. The turnstiles will also incorporate a QR code reader that enables passengers connecting with a long-distance service to use

Users of PayPal-owned P2P payments app Venmo can now apply for a credit card that includes both a contactless payments chip and a printed QR code that they can use to receive P2P payments and share bills with friends. “Your card comes with your own unique QR code on the front, so it’s a snap