NFC World

EMVCo has produced a new payment icon that can be used to signal to consumers that its EMV Secure Remote Commerce ‘virtual payment terminal’ specification is being used as a foundation to process card-based payment transactions in remote-checkout environments, including websites and apps. “The icon will become a trusted, easy-to-recognise visual symbol which conveys to […]

Updates to Apple’s Core NFC framework in iOS 13 will make it possible to write to NFC tags from an iPhone for the first time. Support will also be added for a new kind of ‘value added service’ tag and for reading and writing to ISO 7816 smart cards and tags and ISO 15693 (NFC

PARTNER NEWS: Antelop Solutions has launched an integrated onboarding, authentication and mobile payments platform for Android and iOS devices that lets both traditional and challenger banks combine “best-in-class” end-to-end security with a user friendly, PSD2-compliant, mobile-first consumer experience. “From mobile onboarding to strong customer authentication and digital payments, our white label PCI DSS compliant software-as-a-service

“Previously, banks only tended to reimburse people if there was an obvious fault in the way the payment was handled by the bank. Some £354m (US$446m) was lost in this fraud to individuals and businesses last year, but only £83m (US$105m) was refunded… Now anyone who has taken reasonable care, or has any element of

“BBVA Group has developed a platform to facilitate mobile payments across all the countries in its footprint. The platform developed by BBVA connects to Visa and Mastercard directly from each country’s application and provides the data required to process digital transactions from a smartphone” Read the rest of BBVA to roll out single mobile payments

“‘Dude, if that portfolio ever makes money, I’m buying you a beer,’ an employee at the card department of a big bank texted a Goldman staffer… Citigroup was in advanced negotiations with Apple for the card but pulled out amid doubts that it could earn an acceptable profit on the partnership, according to people with

“Smartphone digital wallets offered by Google, Apple and other technology giants will put A$22bn of revenue across the major Australian banks at risk, according to Morgan Stanley… Its analysts came to that figure after looking into how a banks’ payments capability influences decisions relating to other products. This includes transaction accounts that give major banks

“Following about 18 months of secretive development with Apple and Goldman Sachs, Mastercard is ready to bring the same offering to other issuers. Its platform carries over many of the features that Apple Card users will get, according to Chris Reid, Mastercard’s executive vice president of cyber intelligence and data services for North America.” Read

“Facebook wants to create a digital currency that provides affordable and secure ways of making payments, regardless of whether users have a bank account. The social networking site, which owns WhatsApp and Instagram, is hoping to disrupt existing networks by breaking down financial barriers, competing with banks and reducing consumer costs.” Read the rest of

“Ticketek, the Australian leader in ticketing, announced today, Suncorp Stadium in Brisbane, is Australia’s first sport and entertainment stadium to offer convenient and fast contactless tickets on iPhone and Apple Watch… Contactless tickets on iPhone and Apple Watch will be rolled out to further venues across Australia in the coming months.” Read the rest of