Payments News

On The Web

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Tech

EU Launches Blockchain Association to Accelerate Distributed Ledger Technology Adoption

“INATBA’s mission will be to facilitate and promote DLT-related technologies by organizing forums where regulators and policymakers can interact with corporations and startups to develop the necessary regulatory incentives for the technology to evolve. In signing the charter and joining the association, the founding members agreed to a broad range of goals such as creating […]
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Tech

Bespoke Shirtmaker to Add Payments to Cuffs

“A dress shirt which incorporates contactless payment technology in the cuff is set to go on sale this summer. The Cash Cuff shirt, developed by Cambridge-based DressCode , uses Mastercard-accredited wearable payments technology from K Wearables to link a smartphone app with a contactless payments module sewn into the shirt.”
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Global

80 Percent of Merchants in Canada Accept Apple Pay

“During the company’s Show Time event keynote, Apple CEO Tim Cook revealed that 80 percent of retailers in Canada accept Apple Pay. In comparison to other countries, Canada stands in the middle of the pack. In the U.S., for instance, 70 percent of merchants accept the mobile payments platform, while in Australia an impressive 99 […]
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Tech

Apple to Unlock IPhone NFC to Read Secure Data From Passports

“The UK Home Office has been in talks with Apple to extend the capability of the NFC chip to reading passports so that a smartphone app used to verify the identity of EU citizens applying to continue to live in the UK after it leaves the EU can be used on iPhones.”
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Companies

Walmart Unveils Voice-Activated, Google-Powered Grocery Shopping

“Beginning this month, Walmart shoppers can add items directly to their online shopping carts by saying “Hey Google, talk to Walmart.” Information from prior purchases will help identify the correct brand and size — like whether you drink 1 percent or skim milk without having to specify, according to Tom Ward, Walmart’s senior vice president […]

On The Wires

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Tech

Wells Fargo Accelerates Customer Checkout Experience With New Tap-to-Pay Contactless Cards

“This week, new Wells Fargo consumer credit cardholders began receiving cards with the contactless feature when opening an account, and existing Wells Fargo consumer credit cardholders will receive a new contactless card when their current credit card expires. Consumer debit cards with the contactless feature will start to become available this summer. The bank, which […]
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Tech

U.S. Payments Forum Webinar to Present Guidance for Contactless Open Payments Implementation in Transit

“With Americans averaging over 10 billion trips on public transportation annually, transit agencies are looking to create streamlined experiences with new technologies such as contactless open payments. To address this growing interest, the U.S. Payments Forum is hosting a webinar focused on the acceptance of contactless EMV chip cards and NFC-enabled mobile devices at transit points […]
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Tech

Cardtronics Integrates FIS Cardless Cash Into Fleet of ATMs

“Cardtronics , the world’s largest ATM owner and operator, has completed integration with FIS Cardless Cash. Currently, 11,000 ATMs have been enabled and an additional 8,000 ATMs are to be readied for cardless withdrawals over the next several months. Cardless Cash leverages the FIS Mobile Banking app to allow consumers to withdraw funds without having […]