NFC World

The number of consumers using open banking has doubled in the past six months to more than one million, the UK’s Open Banking Implementation Entity (OBIE) reports, and there are now a total of 204 regulated service providers — up from 100 at the end of 2018. The one million open banking users now generate […]

US P2P payments app Venmo is adding support for a suite of custom-designed animated emojis that can be used “when paying, splitting and sharing payments” and include branded options from both Subway and Ikea. “More than 90% of Venmo transactions contain emojis today, and now there will be new and evolving content from which to

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), are to work together “to assess potential cases for central bank digital currencies”. The banks have formed the new group “to share experience

Russia’s Sberbank is launching an app for its Spasibo loyalty programme that will make it possible for customers to transfer their loyalty points to a friend or family member, either as a small gift or so they can “save up Spasibo points for a large purchase together”. “The feature will be available via a completely

Customers of India’s Icici Bank can now make a cash withdrawal at any of the bank’s 15,000 ATMs, using just their mobile phone. To use the new Cardless Cash Withdrawal service, customers log in to the bank’s iMobile banking app, select ‘Cash Withdrawal at Icici Bank ATM’ from the services menu and enter the account

Public transportation users in the Portuguese city of Porto will be able to begin using their bank card to tap on and off metro and tram services from the second quarter of 2020, Metro do Porto has announced. Contactless payments will initially be available on a pilot basis on Metro Line E, which serves Porto’s

Chrysler, Dodge, Jeep and Ram drivers can now use Uconnect Market, Fiat Chrysler Automobiles’ new in-vehicle commerce platform, to pay for fuel at Shell-branded stations across the US. “The in-vehicle Shell Pay & Save functionality will provide customers with features that offer speed, convenience, and security, along with rewarding offers during their fuelling experience,” Shell

“Hardware is being installed so Port Authority employees and select stakeholders can begin testing the application and associated hardware… Public testing and the public release of the mobile application are expected to occur later this year.” Read the rest of Port Authority to pilot mobile ticketing on Pittsburgh buses at NFCW.

“The tech giant is creating checkout terminals that could be placed in bricks-and-mortar stores and allow shoppers to link their card information to their hands, according to people familiar with the matter. They could then pay for purchases with their palms, without having to pull out a card or phone.” Read the rest of Amazon

Integrating smart transit tickets into mobility-as-a-service (MaaS) solutions holds the promise of allowing consumers to easily plan and pay for journeys that make use of a full range of public transportation, bike, taxi, rideshare and other mobility options, UK ticketing standards body ITSO explains in a white paper now available to download from the NFCW