NFC World

News from the NFC World journal

Eftpos rolls out secure digital identity exchange for Australian consumers

TRUSTED: ConnectID allows users to athenticate their ID with organisations by linking to a verified digital ID Australia’s Eftpos national debit card system has launched a digital identity exchange solution that enables consumers to share personal information held by trusted digital ID providers in a wide range of use cases, from opening an online account […]

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US credit union to let customers authenticate banking transactions with mobile driving licence

DIGITAL PROOF: Drivers with an mDL will be able to use it as legal ID for all UCCU banking transactions Utah Community Credit Union (UCCU) is to become the first financial institution in the US state to let its customers use Utah’s mobile driving licence (mDL) as a legal form of identification for all banking

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Russian fast food chain rolls out biometric payments so customers can ‘pay with a glance’

Customers at Kio Kukhnya fast food outlets in the Russian city of St Petersburg can now pay for their food and beverages at payment terminals equipped with biometric pay-with-a-glance technology. Once they have registered for the service via an app, users save their facial biometrics to the system and link their account to their payment

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Hong Kong virtual bank launches ‘all-in-one’ numberless debit and credit card

Customers of Hong Kong-based virtual bank Mox can now apply for an “all-in-one” numberless payments card that they can choose to use as either a debit or a credit card whenever they make a transaction. Users can link the new Mox Card to both their Mox bank and credit card accounts and use a “flip”

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Survey: more than six in ten US consumers say they would pay for a biometric card

Some 65.5% of US consumers would pay for a biometric credit card that has a built-in fingerprint reader for authenticating payments, according to a survey of American credit card users. It also found that 60.2% of respondents would prefer to pay a one-time fee of US$69.95 that covers the whole three-year lifetime of a biometric

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Stockholm to add EMV white label card for closed loop transit ticketing

Passengers travelling on metro, rail, bus, tram and boat services in the Swedish capital of Stockholm will soon be able to use an EMV white label card issued by the city’s Storstockholm Lokaltrafik (SL) transit authority to make EMV contactless payments for their fares. SL is launching the “world’s first” proprietary EMV white label public

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Thai and Malaysian central banks roll out real-time cross-border QR payments

Consumers from Thailand can now make instant cross-border QR code-based payments for goods and services to merchants in Malaysia from their mobile payments app using a service being launched by the Bank of Thailand and Bank Negara Malaysia. The two central banks have enabled the service by linking the real-time retail payments platforms DuitNow in

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