News from NFC Times journal
By: Dan Balaban NFC TIMES Exclusive Insight – Following Apple’s imminent entry into the credit card business in the U.S. with its planned Apple Card, the tech giant is showing signs it is looking to roll out the branded credit card in a number of other countries, as well. Related stories, automatically selected: Analysis: Apple […]
Filings Point to Plans for Global Expansion of Apple Card and Apple Cash Read More »
By: Dan Balaban NFC TIMES Exclusive Insight – It was the fall of 2015, and interest in the Pays wallets was burgeoning. Google and Samsung had each launched their respective payments services in September of 2015 in the U.S., following introduction of Apple Pay a year earlier. Related stories, automatically selected: LG Confirms Delay in Launch
Analysis: It’s Likely Too Little, Too Late for LG Pay Read More »
By: Dan Balaban NFC TIMES Exclusive Insight – Apple Pay will offer support for Hong Kong’s popular closed-loop contactless transit and retail payments card Octopus later this year, adding a much-needed service to an Apple Wallet that launched three years ago in Hong Kong for credit and debit payments at retail. Related stories, automatically selected: Hong
Apple Pay to Finally Support Octopus Card in Hong Kong, as Competition Grows in Market Read More »
By: Dan Balaban NFC TIMES Exclusive Insight – While Visa’s country office in Taiwan was touting the fact that Taiwan ranks as one of the top countries in Asia Pacific for acceptance and use of contactless payments only six months ago, that hasn’t stopped the big payments network from actively promoting QR code payments on
Jul 12 2019 By: Dan Balaban NFC TIMES Exclusive – The mid-tier city of Vinnytsia in the Ukraine is rolling out its first transit smart cards for payment of fares on buses and trams this summer, replacing cash, which riders have used for years. Related stories, automatically selected: Vendor Groups Release Ticketing Specs While They Wait
By: Dan Balaban NFC TIMES Exclusive Insight – Japan’s popular 7-Eleven convenience store chain reported Thursday a major hack of its QR code-based mobile-payments app, but the breach appears to be due to poorly designed security protections in the app. Related stories, automatically selected: More QR Code Payments Services Planned for Japan, Home of Original Contactless-Mobile
Lax Security Blamed for Hack of 7-Eleven’s Mobile Payments Service in Japan Read More »
By: Dan Balaban NFC TIMES Exclusive Insight – Two more large Nordic banks, Nordea and Swedbank, have launched contactless payments on analog watches, using technology from Swedish provisioning company Fidesmo that enables consumers to buy the watches and provision them with tokenized Mastercard-branded cards after the sale by tapping the watches on Android NFC phones. Related
By: Dan Balaban NFC TIMES Exclusive Insight – Apple’s expansion this week into 13 new European countries may not look so good on paper, but it follows a divide-and-conquer strategy that Apple has used effectively before. Related stories, automatically selected: Analysis: Apple Chips Away at Fortress Europe with Another Major Bank Planning to Join Apple Pay
By: Dan Balaban NFC TIMES Exclusive Insight – Visa plans to buy the payments and ticketing unit of U.S.-based chip company Rambus for $75 million, as the payments network seeks to expand tokenization beyond Visa cards, including to bank accounts used for real-time payments, as well as to transactions processed by domestic networks. Related stories, automatically
By: Dan Balaban NFC TIMES Exclusive Insight – While contactless payments in the U.S. is “expected to accelerate in the near future,” merchants and issuers must improve the “POS experience” for consumers, the U.S. Payments Forum, a payments industry trade group, said today. Related stories, automatically selected: Consulting Firm: Not Sure Whether Contactless Card Deployment Will
