NFC

Buying clothes can be a tedious process of waiting in lines to get into the dressing room, and then waiting in line again to make a purchase. As it turns out, eliminating the second half of this process can also reduce the first half.

The group of Australian banks that want to collectively bargain with Apple over terms of its Apple Pay app have sharpened their focus to an area the technology giant is likely to defend fiercely.

Any Costco credit card customers befuddled by the fact that they’ve got a state-of-the-art contactless-enabled EMV card in their wallet — and yet Costco itself doesn't accept EMV in stores — may soon see that disconnect end.

The company is approaching kiosks and other unstaffed payment terminals, which have lagged behind in the chip migration and in some cases are using NFC payments to bypass chips entirely.

Consumer adoption numbers indicate most mobile wallets are stuck in the mud, but key wallet providers have made enough advances in other critical areas to suggest there is still potential in this market, Celent researchers say.

Banks such as TCF Financial and Citigroup are adding Near Field Communication to their EMV cards to address consumers' displeasure.

The Secure Keys dongle has worked well to vet internal staff at Google, and the search giant sees a number of other uses for the hardware.

Israeli mobile technology company On Track Innovations (OTI) hopes to cash in on the trend toward fashion-direct payments by embedding transaction functions inside a ring.

Charitable giving is a big part of contactless payment innovation, and Quest Payment Systems is hoping to gain share in the Australian non-profit market.

Connected devices is the key innovation behind Optus and Frank Green's coffee cup that can also support contactless payments.