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The Netherlands Authority for Consumers and Markets (ACM) has launched an investigation into competition in smartphone-based NFC payments, examining whether limitations on access to NFC payments functionality on some devices... more
The post The Netherlands Authority for Consumers and Markets probes NFC payments appeared first on Payments Cards & Mobile.
ČSOB, one of the largest commercial banks in the Czech Republic and part of the Belgian KBC Group have developed and launched the first mobile wallet for NFC payments in the Czech Republic. The new mobile application “NaNákupy” enables ČSOB clients to make contactless payments to retailers by smartphone. Debit and credit cards can be [...]
In the world of mobile payments, tokenization has gained notoriety as the underlying technology enabling banks to secure mobile NFC payments using host card emulation (HCE). There is no contesting that this is a big deal; the combination has triggered a profound shift in the mobile payments ecosystem, reducing deployment complexity and giving banks a [...]