MasterCard is labeling “successful” a biometrics payments trial (facial plus voice) where more than 14,000 transactions were confirmed in a closed iOS and Android pilot using only MasterCard employees, according to a Computerworld report. An employee-only trial would ostensibly solely be a test of the...
While the world’s now focused on Apple Pay, there’s another “A” player that’s just as capable of shaking things up in mobile payments. Android. Except that there’s just one problem, well actually there are five, that are getting in the way of making it the...
Tesco is trialing at a handful of stores—in London and Edinburgh—a mobile payment system, currently only being offered to employees. “Consumers must sign in to use the PayQwiq service through their Tesco log-in for its online grocery service. Credit card details can then be added,...
Robust economic growth in the U.S. and United Kingdom, combined with a gradual recovery in the Eurozone, should help strengthen global economic activity over the next year, according to the latest HSBC Trade Confidence Index. However, rising geopolitical tensions could weaken such projections. Such issues...
PAX Global Technology Limited, which makes a popular NFC terminal. has embraced Apple Pay. “Apple joining the mobile payments industry makes for an exciting time in our industry,” said Mr. Andy Chau, President and CEO of PAX US, “PAX has spent a lot of time...
Payments companies that live in glass houses shouldn’t throw stones at Apple. Shortly after Apple rolled out Apple Pay, PayPal bought a full-page ad in the New York Times to attack’s Apple security rep. The problem is that PayPal has similar security issues. “The tagline...
Samsung and Alipay are partnering on payment biometric authentication, rolling out what the pair calls the first Fast Identification Online (FIDO) ready system in the Far East. “Alipay offers payment and escrow services for transactions on Alibaba Group’s marketplaces as well as to third parties...
There’s little debate that Apple Pay is going to sharply boost mobile payment security. After all, replacing signature or a 4-digit shoulder-surfing-vulnerable PIN with a biometric authentication is a big step in the right direction. No authentication system is perfect, but being more secure than...
Apple’s new mobile payments system, Apple Pay, is being hailed as a game-changer — a new way to pay that will be quickly embraced by consumers and save retailers the headache and expense of break-ins into credit card-based systems. But will it? asks Retail Dive....
