News from the IoT World

“The new system will mean customers can simply touch-in at the start of a journey and touch-out at the end using a contactless bank card or another contactless-enabled payment device, such as a phone or watch. The system will then automatically work out the total daily fare for a customer’s journeys and the price will

“With the patent-winning technology, the card firm has established a blockchain-powered credit transaction process that enables various functions, such as setting a maximum spending limit, paying in monthly installments and completing payments between merchants and consumers… The company is the first in the world to have established a credit transaction service using the new record-keeping

“To avoid significant acceptance disruptions, EPSM recommends that all regions should agree an additional timeframe of 18 months for standard applications, as well as up to 36 months for challenging applications, such as those in the travel and hospitality sector. This will deliver an EU-wide harmonised migration approach by the EBA and the 28 national

“The Qualcomm 215 Mobile Platform debuts the following ‘firsts’ in the 2-series: 64-bit CPU, Dual-ISP, supports up to 13MP photo capture​, support for Full HD (1080p) video capture​, support for HD+ resolution display, hexagon DSP for audio and sensor processing​, support for Dual SIM with Dual VoLTE, EVS voice calls​, Wi-Fi 802.11ac, support for NFC

“In the transport space we’ll use facial recognition technology to scan customers who’ve ‘opted in’ and linked their Opal account… No more gate barriers – just a smooth journey.” Read the rest of Transport for NSW eyes face recognition for frictionless transit card payments at NFC World.

“Paisabazaar.com, India’s largest online marketplace for financial products, today announced its partnership with Samsung… Samsung Pay users can apply for credit cards and personal loans from the platform. The move will enable millions of existing and potential Samsung Pay users to get the benefit of seamlessly opting for a host of financial services.” Read the

“According to the filing documents, the trademark is for services concerning transaction and settlement services, mobile banking, ‘issuance of cyber money’, and ‘payment application software for mobile phones’ among others. ThinQ is a brand first used for a smart refrigerator introduced by the company in 2011 at a consumer electronics show. Since then, multiple smartphones