Tagged: nfc

January 8, 2026 @ 8:35 am By Omar Faridi  |  

In the evolving landscape of cyber threats, a sophisticated Android-based malware known as Ghost Tap is now said to be behind a notable increase in fraudulent contactless payments. This malicious software allows cybercriminals to execute tap-to-pay transactions remotely, bypassing the need for direct access to… Read More

June 8, 2023 @ 11:33 pm By Omar Faridi  |  

Veriff, a global identity verification provider, announced at Money 20/20 Europe its partnership with Inverid, the first Near Field Communication (NFC)-based mobile identity verification technology, in order “to bolster the company’s existing identity verification offerings.” Inverid’s ReadID’s identity verification solution “verifies identities through government-issued identity… Read More

January 27, 2022 @ 9:15 am By JD Alois  |  

Apple (NASDAQ:APPL), the largest publicly-traded company in the world, is predicted to enable credit card transactions directly via its ubiquitous iPhone. The new feature will challenge all credit card terminal providers like Block/Square (NYSE:SQ) that generate massive amounts of revenue by processing payments via credit… Read More

January 25, 2022 @ 3:12 pm By Omar Faridi  |  

SoftPOS is an app created by Nexi, which is one of Europe’s Paytech firms operating in high growth markets and technologically-advanced economies. SoftPOS has been introduced for the business customers of UniCredit Bank. With SoftPOS, users are able to provide the option of card payment… Read More

December 28, 2021 @ 9:20 pm By Tony Zerucha  |  

JCB, a Japanese international payment brand and Singaporean Fintech Keychain GK have implemented offline payments using near-field communication (NFC), self-sovereign identity, and blockchain technology, the companies recently announced With the spread of 5G and the development of Internet of Things (IoT) devices, machine-to-machine payments will… Read More

October 22, 2021 @ 6:13 pm By Tony Zerucha  |  

kevin., a Lithuanian Fintech startup providing payment infrastructure for online, mobile, and physical sales, has secured $10 million of new capital in a seed funding round. The investment, which brings the company’s total capital raised to $14 million, was co-led by OTB Ventures and Speedinvest,… Read More

July 13, 2021 @ 11:22 pm By Tony Zerucha  |  

Strong growth in the global peer-to-peer (P2P) money transfer market is among the findings included in a new report from Research and Markets. The mobile P2P global money transfer market is expected to grow at a CAGR in excess of 18 per cent between now… Read More

July 8, 2021 @ 7:36 pm By Tony Zerucha  |  

Smart point of sale (POS) use is expected to nearly triple over the next five years, new data from Juniper Research suggests. Smart POS systems blend loyalty and analytics directly into the terminal and work nicely with the growing use of digital payments and QR… Read More

June 5, 2021 @ 11:03 am By Omar Faridi  |  

AppGallery, a leading app marketplace, has introduced near-field communication (NFC) payments in European markets, after forming a partnership with Stocard, a leading mobile wallet provider. After teaming up with AppGallery, Stocard worked closely with Huawei to integrate Huawei Mobile Services (HMS) Core capabilities within its… Read More

November 15, 2020 @ 6:47 pm By Omar Faridi  |  

Will Graylin, an experienced tech entrepreneur and Founder of LoopPay (now Samsung Pay), has introduced a Fintech solution, called OV Valet – which is a secure Superkey and companion digital wallet app that supports touchless or contactless payments “at 94% of POS terminals.” As mentioned… Read More

September 26, 2020 @ 6:21 pm By Omar Faridi  |  

Apple (NASDAQ:AAPL) recently noted that new legislation might require that it opens up its proprietary Apple Pay technology to various third-parties. The tech giant, which recently became the world’s first company to surpass the $2 trillion market cap mark, claims that allowing others to closely… Read More

October 25, 2019 @ 9:58 am By Omar Faridi  |  

eMarketer reports that for the first time, a generic mobile payment app has become more popular than Starbucks’ mobile app, which was an established leader in the category for many years, even though the app is specific to just one retailer.  Last year, Apple’s (NASDAQ:AAPL)… Read More

November 11, 2013 @ 11:34 am By Charles Luzar  |  

Imagine waving your hand over a certain spot on your car to unlock it, or high fiving a smartphone to share contact details. Sound ridiculous? It’s actually said to be possible now with an implantable NFC chip called the xNT, which is currently crowdfunding on… Read More