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Central bank enables rollout of contactless mobile payments in Egypt

DIGITAL PAYMENTS: Egyptian consumers should soon be able to use digital debit and credit cards stored in mobile wallets on their NFC devices to make contactless payments The Central Bank of Egypt (CBE) has issued regulations governing payment card tokenization on mobile apps that enable banks and payment service providers to allow customers to make […]

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Japanese consortium to build ‘metaverse economic zone’ where avatars can authorise digital payments

ECONOMIC METAVERSE: The ‘multi magic passport’ enables consumer avatars to authorise payments A consortium of Japan-based financial services and technology providers is to develop a ‘metaverse economic zone’ where consumers will be able to create a digital twin or ‘auto learning avatar’, access digital experiences and authorise payments to merchants and service providers with a

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Mercedes lets drivers in Germany authenticate in-car payments with their fingerprint

IN-CAR TRANSACTIONS: Drivers can pay using a Visa debit or credit card via the Mercedes Pay+ platform Mercedes drivers in Germany can now authorise in-car payments for digital services and on-demand hardware upgrades using a fingerprint sensor on their vehicle’s dashboard without needing to enter a PIN or use an additional mobile device to verify

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UK reveals proposals for national digital identity verification framework

The UK government has laid out proposals for establishing a framework for the use of trusted and secure digital verification services that will allow consumers to create certified digital identities for use across a range of use cases. The proposals include: The preparation and publication of rules concerning the provision of digital verification services (DVS).

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Cilab adds shmoo plot feature that lets engineers visualize an NFC terminal’s RF field in just ten minutes

VISUAL: Cilab’s shmoo plot feature can now analyze and visualize a device’s RF field to show any dead spot areas — in just 10 minutes PARTNER NEWS: NFC testing innovator Cilab has added a feature to its high speed tester that enables NFC terminal manufacturers to quickly and easily test a device’s RF field by

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ANZ to run central bank digital currency pilot at Australian universities

The Australia and New Zealand Bank (ANZ) is to pilot the use of a prototype central bank digital currency (CBDC) for offline transactions using pre-loaded contactless cards at RMIT University in the Australian city of Melbourne and Southern Cross University in New South Wales. ANZ will test the CBDC for offline payments in one of

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Utah lets drivers create a mobile driving licence on their smartphone with a selfie

DIGITAL LICENCE: To self-enrol, drivers need to download the GET Mobile app on their phone Drivers in the US state of Utah can now opt to create and store a digital version of their driving licence on their Apple or Android smartphone by scanning their physical document and verifying their identity with a selfie using

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