Beacons

Virgin Atlantic’s passengers poised to get the ‘iBeacon’ experience

Imagine heading to a particular security checkpoint inside an airport terminal and suddenly your digital boarding pass pops up on your smartphone giving all the in-flight details. Wouldn’t that be a convenience? Well that’s what Richard Branson certainly has in mind for his Virgin Atlantic passengers. London Heathrow Airport has...

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BankTech

7 big milestones that Payments Industry crossed this year

Over $879 trillion dollars of transactions passed the financial switches: Number of transactions processed by Fedwire, which handles large-scale wholesale transfers: processed 132 million transactions for a total of $599 trillion. Amount of wire transfers processed by just Bank of America: $244.4 trillion. Number of transactions processed by the Automated Clearing House...

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Payments

Qualcomm is looking to offer advanced Payment Products

Qualcomm has been into expanding its payment portfolio through various technological and business initiatives: v  In December 2012, it upgraded its NFC technology to make it into an ultra-low power consumption product. v  In December 2013, Gimbal, the company’s beacon brand, was launched and later was positioned well into the...

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Payments

Renesas Electronics: Eyeing business expansion inemerging Markets

Renesas has had hardware oriented focus when it comes to mobile payments. In 2012, the company launched products based on technology focusing on personal identification authentication and financial applications under mobile payments. The products included mobile payments using NFC stack running on an Android emulator, dual interface Secure Elements and...

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Enabling Technologies

Philippines Sees Boost in Retail Activity via Globe Telecom’s Globe Charge

Globe Telecom, a leading Philippine telecommunications company, recently introduced  an innovative solution earmarked to boost retail activity and set new standards of mobile commerce and retail payments among small and medium business (SMB) owners. This solution provides customers operating start-up and small scale-stores, bazaars as well as retail outlets across the Philippinesan alternative...

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Payments

NAB which processes $16 B worth of transactions partners with Moki to provide Custom Mobile Point-of-Sale Experience

Moki’s Launcher Helps PayAnywhere Storefront Deliver a New Payment Processing Solution for Small Businesses SALT LAKE CITY (April 29, 2014) – Moki (www.moki.com), the leader in mobile app security and operations, today announced it has partnered with North American Bancard (NAB) to secure and manage its mobile point-of-sales solutions for...

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