NFC World

“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

“The Payment Systems Vision 2021, with its 36 specific action points and 12 specific outcomes, aspires to (a) enhance customer experience, including robust grievance redressal; (b) empower payment system operators and service providers; (c) enable the payments ecosystem and infrastructure; (d) put in place forward-looking regulations; and (e) undertake risk-focused supervision.” Read the rest of

“Mobile banking service Monese has revealed that Apple Pay is also coming soon to its cardholders in Bulgaria, Croatia, Cyprus, Estonia, Greece, Lithuania, Liechtenstein, Latvia, Malta, Portugal, Romania, Slovakia, and Slovenia… Apple Pay is also nearing launch in the Netherlands, Hungary, and Luxembourg for a total of 16 upcoming countries.” Read the rest of Monese

“National Australia Bank (NAB) on Monday announced immediate support for Apple Pay, becoming the third of Australia’s ‘big four’ banks to integrate with Apple’s payments platform after a failed boycott… With NAB on board, Westpac becomes the last of Australia’s ‘big four’ banks to resist Apple Pay.” Read the rest of National Australia Bank goes

“Starting today, riders in the Portland-Vancouver region can add a Hop Fastpass card to Apple Wallet and use their iPhone and Apple Watch to ride TriMet, C-Tran and Portland Streetcar.” Read the rest of TriMet rolls out NFC ticketing for iPhone users at NFC World.

“The platform can communicate with physical trade inventories through the Internet of Things, sensors and near field communication chips. As a result, the inventories, which are often collateral for loans, can be monitored very effectively, which will lead to more secure physical handling processes and a reduction of costs.” Read the rest of ABN Amro

“In Luxembourg, BGL BNP Paribas is currently the sole bank supporting Apple’s digital wallet, while OTP Bank is supporting Apple Pay in Hungary… The expansion within Europe follows the launch of Apple Pay in Iceland earlier this month. Elsewhere, regional banks in The Netherlands and Portugal have teased that Apple’s contactless payment system is ‘coming