Biometric M-Payments

By 2020, global mobile biometric market revenues will reach $33.3 billion annually. This includes 4.76 billion biometrically enabled smart mobile devices generating $6 billion in biometric sensor revenue, 4 billion biometric app downloads generating $20 billion in annual revenues from direct purchase and software development fees, and 825 billion biometrically secured payment and non-payment transactions generating $6.8 billion in authentication fees.  

Synovus M-Deposit

Synovus Bank recently launched a new Mobile Banking App which offers Mobile Deposit, a service that allows customers to make deposits with their smartphones; Pay People, an on-the-go service that allows mobile customers to send money to individuals via an email address or cell number; and Instant Balances, which gives customers the ability to check account balances without logging into their account.

Intuit Partners Stripe

Intuit is releasing a new integration for marketplaces using Stripe for payment processing. This lets independent for-hire workers automate tax reporting via the new QuickBooks Online Self-Employed product. Intuit and Stripe make keeping track of and paying taxes simple through automation. With this new integration, on-demand marketplaces can give their users the free benefit of having their income data flow securely into QuickBooks Online Self-Employed, so that they always have a clear picture of their tax obligations and can easily track deductions, such as business expenses and mileage. This prevents tax penalties and avoiding having to pay any unneeded interest.

UL & 7Layers

UL is pleased to introduce a new test solution that was developed together with 7Layers, for handset manufacturers and conformance test laboratories, who want to test and verify the implementation of UICC-based NFC functionality in mobile devices.
The GSMA has produced technical core requirements (TS.26 NFC Handset API & requirements) and related test cases (TS.27 NFC Test book) for testing the UICC based NFC functionality in mobile devices. GCF and PTCRB have added these GSMA test requirements into their respective certification programs. Therefore, and among other mandatory requirements, mobile manufacturers must pass these GSMA test cases using officially accredited test laboratories under these certification schemes. In order for handset manufacturers to test the behavior of their NFC device, under the conditions defined in the GSMA test cases, and to verify its compliance with the specific GCF/PTCRB certification requirements, UL and 7Layers have developed automated test platforms, that are officially validated by GCF and PTCRB.