News
The U.S. Consumer Financial Protection Bureau has focused on the role of Apple and Google in mobile payments with a critical eye.
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NFC News
NFC, or near-field communication, is a communication protocol that allows communication between two electronic devices that are within 4 cm or less of each other. Most of devices use NFC for payment processes. Financial services often include NFC in banking applications. NFC payments are currently the most convenient way of making common transactions and are gaining popularity in developed and developing countries. NFC isn’t really a new technology and was used in several products beginning in the late 1990s. However, the widespread use of NFC started with the popularization of smartphones and mobile wallets. NFC is also often implemented in various payment cards and in some specialized products. NFC technology is sometimes implemented in both software and hardware cryptocurrency wallets for making payment processes faster.
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Nonfungible tokens are being used to reinvigorate postage stamp collecting in Austria and the Netherlands.
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A data analyst on the Isle of Man demonstrated how contactless payments work on Bitcoin’s Lightning Network using an NFC enabled Bolt Card.
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About 40% of vintage whisky bottles were either fake or not produced when claimed.
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A South Korean county with a population of mostly elderly residents has seen a strong rise in stablecoin adoption.
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A new cryptocurrency hardware wallet stores private keys securely and fully isolated, while NFC technology enables authorization of transactions through a mobile device.
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Italian winery adopts NFC-enabled closures to its wines, adding tasting notes, reviews, and blockchain-based authentication.
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Dutch bank ABN AMRO announced that it is launching a blockchain inventory tracking platform dubbed Forcefield.
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New all-in-one crypto 'banks' rival ordinary brick-and-mortar institutions, provide additional benefits.
25351 General Bytes is the manufacturer of the Bitcoin-only Red Bull vending machine installed recently at Hackers Congress. GB marketing guru Martijn Wismeijer tells us all about secrets of manufacturing Bitcoin ATMs.
1742There are many reasons why Near Field Communications (NFC) NFC is beneficial to consumers but as with many modern technologies; it doesn’t come without its risks.
4121South Korea’s leading Fintech startups are set to file a petition with the Korean Fair Trade Commission (KFTC) against Apple Pay for their violation of local laws on consumer protection.
829Plutus.it has launched a contactless payment application called Tap & Pay.
1496If you’ve seen movies like Idiocracy, even at the future’s lowest level of technological advancement, people will be scanning body parts to get through life.
1179OneBit, a bitcoin wallet app that enables its users to pay with bitcoin at any credit card accepting store, has entered the alpha stage of development.
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