Discover lets cardholders pay with points at PayPal merchants

“Discover cardmembers can now use their Cashback Bonus or Miles to pay for purchases at millions of online stores through PayPal… Once cardmembers link their Discover card with PayPal, they can instantly redeem any amount of their rewards on eligible purchases at checkout.” Read the rest of Discover lets cardholders pay with points at PayPal […]

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Ant Financial to create $1bn fund for Asian payments and financial services startups

“Billionaire Jack Ma’s Ant Financial is planning to raise about US$1bn for a fund that will invest in startups from Southeast Asia to India and help strengthen its foothold in fast-growing mobile internet markets, a person familiar with the matter said. The internet finance company is looking to back more startups in those regions that

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Chinese government forms face recognition standards body

“The working group, which also includes Tencent, Xiaomi, and Ant Financial, is overseen by the National Information Technology Standardization Technical Committee (NITS), which is in turn affiliated with the Ministry of Industry and Information Technology. It will also promote the further formulation of facial recognition standards at an international level.” Read the rest of Chinese

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Researchers use NFC to power epidermal VR feedback patch

Scientists at Northwestern University in the USA have unveiled a prototype ‘epidermal VR’ patch that is powered by NFC and holds the promise of enabling sensory feedback to be added to a wide range of gaming, entertainment, communication and medical applications. “The device communicates touch through a fast, programmable array of miniature vibrating actuators embedded

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