A new study from Juniper Research has found that total spend via digital wallets will exceed $10 trillion (€8.21 trillion) in 2025, up from $5.5 trillion (€4.52 trillion) in 2020. The research found this dramatic 83% growth in spend will be fuelled by the heightened adoption of digital payments during the pandemic. (more…)
January 25, 2021
Posted by: Anasia D'mello
Contactless payment enabler, Fidesmo has hired John P Campbell to spearhead its UK launch plans in 2018 and help cope with growing customer demand. The company enables enterprises to add payments and other contactless services, such as public transport tickets, office and hotel keys, to a single card or wearable.
January 22, 2018
Posted by: Zenobia Hegde
NXP Semiconductors N.V. debuted two significant technology breakthroughs at the largest fintech innovation event, Money 20/20, October 22-25, 2017, in Las Vegas. The company will showcase its new contactless fingerprint-on-card solution while also demonstrating a new world benchmark for payment card transactions speeds. (more…)
October 24, 2017
Posted by: Zenobia Hegde
The amount of data being produced is escalating. Everyday personal activities are accompanied by a device that feeds back to a database – we’re getting around town using integrated navigation apps, accessing public services provided by our municipality, using local transport with our contactless cards, and making purchases with our credit cards. (more…)
October 12, 2017
Posted by: Avadhoot Patil
Industry association, OSPT Alliance, has launched an Affiliate membership category. This is open to all reader and terminal manufacturers, and system integrators active within the contactless market (more…)
May 5, 2017
Posted by: Avadhoot Patil
New data from analysts, Juniper Research, estimates that the number of original equipment manufacturer or OEM-Pay contactless users, including Apple Pay, Samsung Pay, and Android Pay, will exceed 100 million for the first time during the first half of 2017. It is then forecast to surpass 150 million by the end of this year. (more…)
April 17, 2017
Posted by: Avadhoot Patil
ETSI, GlobalPlatform and the NFC Forum detailed a standardised approach to implementing and managing NFC services across all technologies and platforms. The shared work initiative explains how to ensure that NFC services successfully coexist within a device and operate as intended. (more…)
March 14, 2017
Posted by: Avadhoot Patil