NFC World

News from the NFC World journal

Researchers showcase method for bypassing contactless card limit

“To carry out their hack, the researchers used a specialised piece of hardware to intercept and insert messages in the communications between the card and the reader. For instance, they could tell the card that verification — like a PIN — wasn’t needed, even though the requested amount was more than £30. They then told […]

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Israel Railways pilots open loop contactless payments

“Israel Railways has launched a two-month contactless payment pilot programme, aiming to soon enable all rail users to ‘tap and go’ with their credit card rather than purchase a ticket or use a preloaded Rav-Kav smartcard… Pilot participants will initially be charged daily based on purchasing full price one-way tickets, although Israel Railways intends to

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Kobelli to use NFC to track diamonds on the blockchain

Diamond jewellery maker Kobelli is to use a blockchain-based NFC platform to provide its customers with a way to securely verify the authenticity of their purchases. The company is working with Bonafi, a blockchain company that specialises in the authentication of goods purchased online, to deliver the new service. “Bonafi supplies a physical hardware tag

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Singtel expands mobile wallet alliance to Japan

“Singtel’s Via, Asia’s first cross-border mobile payment alliance, has launched in Japan… The alliance which currently counts Singtel’s Dash and AIS Global Pay among its member mobile wallets enables tourists from Singapore and Thailand to shop and dine across Japan using QR code payments in their local currency at competitive exchange rates. Read the rest

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Visa sets out payments innovation plans for Tokyo 2020 Olympic Games

“At the Rio 2016 Olympic Games, Visa offered a payment-enabled ring to its Team Visa athletes. At the PyeongChang 2018 Olympic Winter Games, Visa commercially sold wearable products, such as gloves and lapel pins, enabled to make payments over contactless payment readers. For Tokyo 2020, Visa is exploring payment innovations ranging from biometric payment authentication

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Benelux banks raise €20m to turn Payconiq mobile payments app into European rival to Visa and Mastercard

“Our solution is, unlike the well-known payment methods, not dependent on the credit card companies. I don’t see why we couldn’t become the European alternative to Visa or Mastercard. Technically, we are ahead of them.” Read the rest of Benelux banks raise €20m to turn Payconiq mobile payments app into European rival to Visa and

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Saudi Arabia combines NFC, QR and faster payments to speed move to cashless society

Saudi Payments, Saudi Arabia’s national payments infrastructure operator, is to use a combination of NFC and contactless payments, a new faster payments system and the introduction of a common QR code platform to reduce the use of cash and speed up its move towards a cashless society, managing director Ziad Al Yousef has told NFCW.

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