The view from the top of IT with TechWorld Editor Rohan Pearce
A group representing 22 of the world's largest banks is pushing for broad adoption in the U.S. of payment card technology called tokenization, citing shortcomings in the planned migration to the Europay MasterCard Visa smartcard standard over the next two years.
By Jaikumar Vijayan | 12 February, 2014 20:09
Starbucks was able to generate a staggering $1 billion in revenue from smartphone transactions used at sales terminals in its stores in 2013 largely due to the fanatical loyalty of its customers, according to a recent estimate.
By Matt Hamblen | 05 February, 2014 20:59
Major Australian banks have made mobile payments a priority tech initiative and are in various stages of rolling out technology that lets customers pay with smartphones. Commonwealth Bank and Westpac are so far leading the pack, but ANZ Bank and National Australia Bank (NAB) say they are planning to make their own moves soon.
By Adam Bender | 29 January, 2014 09:28
The data breaches at Target and Neiman Marcus have re-ignited a campaign by retailers to get U.S. consumers to carry "PIN and chip" credit and debit cards instead of less-secure magnetic stripe cards. Lost in the debate are mobile payments using NFC smartphones.
By Matt Hamblen | 24 January, 2014 19:52
The chief of the Google Wallet operation has resigned to pursue new opportunities, another sign of continuing troubles in convincing U.S. smartphone users to adopt mobile wallets using NFC technology.
By Matt Hamblen | 10 May, 2013 14:34
Near Field Communication will become widespread at some point, most observers agree, especially if Apple eventually puts NFC in an iPhone.
By Matt Hamblen | 19 December, 2012 14:37