NFC World

Nearly two million Shenzhen residents, representing 15% of the city’s population, signed up for a chance to win 200 digital yuan (US$29.65) in the ‘red envelope’ lottery held as part of China’s central bank digital currency (CBDC) pilot. Some 50,000 participants were chosen at random to receive the digital yuan, which they can now spend […]

The Bank of Japan is to begin the first phase of proof-of-concept testing of a central bank digital currency (CBDC) in early 2021, according to a statement published by the bank. In phase one, “the bank will develop a test environment for the CBDC system and conduct experiments on the basic functions that are core

Owners of Galaxy smartphones equipped with ultra wideband (UWB) chips could soon be able to unlock home, office and vehicle doors from a distance with their Samsung device, the manufacturer has revealed. “With Samsung’s forthcoming Digital Key solution, you’ll be able to use your Galaxy smartphone to unlock your front door as you approach it

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