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In the rapidly evolving landscape of digital commerce, two prominent contenders, NFC Pay, and QR payment, have emerged as popular payment options, bringing their unique advantages and considerations.
payments , QR payments, payment methods, ecommerce, NFC, transactions , biometrics, contactless payments, digital payments, neobanks
UK-based retail banking company Lloyds Bank has enabled its customers to support their bank account application by scanning the chip in their passport via the bank’s app.
digital onboarding, NFC, identity verification, product upgrade, mobile banking
Imran Vilcassim, BPC: Exploring 'phygital' fusion of physical-digital interactions for enhanced value. Examples, benefits, technology enablers.
digitalisation, one-click payments, digital banking, NFC, Augmented Reality, retail banking
Huawei has launched a beta version of the Wallet application, allowing users to test an early version of the virtual medical insurance card business.
Huawei, digital wallet, virtual card, product launch, digital identity
UBS, a Switzerland-based banking institution, has partnered with iProov to onboard new customers online in a secure, fast, and convenient process.
partnership, identity verification, digital identity, banks, digital onboarding
Qatar Islamic Bank (QIB) has enabled its customers to pay for transactions with their QIB cards stored in Google Pay where contactless payments are available.
Google Pay, digital wallet, partnership, online payments, contactless payments
Advances in biometrics and Liveness detection enable fraud prevention while building confidence to reduce friction for ‘good’ consumers. Jay Meier, SVP of North American Operations from FaceTec, reveals more.
digital identity, digital onboarding, fraud prevention, biometric authentication, identity verification
Google Pay has launched the ‘Tap to Pay’ UPI-based payment system on collaboration with Pine Labs.
Google Pay, UPI, Tap-to-Pay, mobile payments, contactless payments, NFC
Henrik Hodam, Senior Product Manager at equensWorldline, share his thoughts on what makes account-based payments a must-have for physical retailers
Worldline, mobile payments, account-to-account payment, Open Banking
Is the plastic card on the way out? What payment methods will proliferate in the coming years? Isabelle Isil Ugurlu from elumeo has the answers
digital wallet, debit card, digitalisation, COVID-19
The French Government has announced citizens will be able to verify their identity when accessing secure online services by scanning their updated Carte Nationale d’Identité Électronique (CNIE) eID card with their NFC-enabled smartphone.
EIDAS, identity verification, identity fraud, digital identity, product launch
card scheme, product launch, QR code, mobile payments
CU*Answers, a US-based cooperative Credit Union Service Organisation (CUSO), has selected Daon's IdentityX Digital Onboarding product to cover over 350 of its member credit unions.
CU*Answers, Daon, partnership, digital onboarding, identity verification, IdentityX Authentication, biometrics, NFC, contactless
India-based credit card issuer SBI Card has announced a collaboration with Google to enable customers to use their cards on Google Pay platform.
NFC, India, Tap-to-Pay, SBI Card, Google Pay, mobile payments, Asia, APAC, NFC payments, contactless payments, credit cards, card, secure transaction, tap-and-aay
HID Global, acquisition, Access-IS, identity solutions, e-passport, e-ID, security, NFC, EMV
TransferGo, ID verification, Sumsub, Veriff, KYC, AML, fraud prevention, NFC
IDEMIA, biometrics, Mobile ID, enrolment, verification, identity verification, Registration, ID document checks, onboarding, eKYC, e-ID card, digital ID, NFC scanning, fingerprint, banks
Signicat’s John Erik Setsaas shares insights about successful digital onboarding processes for customers via electronic signatures and gives us a sneak peek into the future of digital identity
Signicat, digital identity, electronic signatures, John Erik Setsaas, KYC, digital onboarding, banks, electronic identity, eID
Xiaomi’s Mi Pay has announced a new feature that will allow phones without NFC to access its services.
Xiaomi, Mi Pay, UPI. QR payments
RaPay has announced the launch of its digital payment system, a new platform designed to reduce merchant settlement times associated with taking debit card payments.
RaPay, retail, QR payments, settlement, mobile banking