News from the IoT World

News from the IoT world

In-Depth: 2020 Could Mark Landmark Year for Contactless Payments in U.S.

By:  Dan Balaban NFC TIMES Exclusive Insight– October will mark the fifth anniversary of the launch of Apple Pay in the U.S., Apple’s first country for its groundbreaking NFC payments service.  Related stories, automatically selected:  Contactless Card Transactions Could Overtake Taps from NFC Phones ‘Quickly’ in the U.S.: Industry Veteran Wells Fargo Launches NFC-Enabled ATMs, […]

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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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Filings Point to Plans for Global Expansion of Apple Card and Apple Cash

By:  Dan Balaban NFC TIMES Exclusive Insight – Following Apple’s imminent entry into the credit card business in the U.S. with its planned Apple Card, the tech giant is showing signs it is looking to roll out the branded credit card in a number of other countries, as well. Related stories, automatically selected:  Analysis: Apple

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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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NXP secures Mastercard certification for biometric card modules

PARTNER NEWS — “NXP’s new Secure Processing Module for fingerprint-on-card technology is the first of its kind to receive Mastercard’s prestigious CAST (Compliance Assessment and Security Testing) certificate… Now that we’ve passed Mastercard’s rigorous security review, we can move ahead with our product release, targeted soon.” Read the rest of NXP secures Mastercard certification for

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