Remove Apple Remove Innovation Remove Security
article thumbnail

Unlocking Apple’s NFC: Is it time for your banking app to become a full digital wallet?

Accenture: Banking

In October 2024, Apple is set to open its NFC (Near-Field Communication) technology using the Secure Element (SE) to third-party platforms, ushering in a new era of competition and innovation in digital wallets. appeared first on Accenture Banking Blog.

Apple 195
article thumbnail

Mastercard’s Tokenization, and Consumer Choice, Made Digital-First Apple Card Possible

Bank Innovation

Mastercard’s tokenization technology made the digital-first Apple Card possible, but purely from a technological standpoint, Jorn Lambert, EVP, Digital Solutions at Mastercard, told Bank Innovation. Apple last month unveiled its plans to launch […].

Apple 270
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Bank Marketing Roadmap: Transitioning from SMS to RCS

South State Correspondent

This means that thanks to recent Apple upgrades in their operating system, most phones are now capable of receiving Rich Communication Services (RCS) messages in addition to traditional SMS. Security Concerns: Despite its enhanced security features, RCS is still susceptible to cyber threats. iOS or higher.

Marketing 195
article thumbnail

Payment Rail Innovators Dive Into Real-Time

PYMNTS

This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. Combining these elements, we are creating a broad platform with faster technology and smarter and better services that the industry can trust as a foundation for innovation towards their own end-clients," he added.

article thumbnail

6 Digital Payment Trends Set to Transform 2025

Perficient

Payments Trend #1: AI-Driven Payment Innovations The landscape of payments and financial services in 2025 will be marked by groundbreaking innovations and user-centric designs powered by Generative AI (GenAI). Embracing advanced security features such as biometric authentication will enhance user experience and protect data.

Trends 221
article thumbnail

Apple Pay Overpowered by Tencent’s WeChat Pay

Bank Innovation

Apple issued an official statement today stating that its mainland Chinese users will now be able to use WeChat Pay for purchases made on the App Store and for Apple Music products. The WeChat Pay function will not require the use of a password. Instead, consumers will be able to confirm their identity with fingerprints, […].

Apple 247
article thumbnail

Black Swans Are The Sandbox Of New Innovations

PYMNTS

Jim McCarthy, i2c president, says disasters often breed innovation. Black Swans Are the Sandbox of New Innovations. A few innovators do come forward with good ideas, but often the environment can’t support them past the short term. While it may take years, these good, innovative ideas often resurface when the time is right.