Mobile wallets using NFC technology need new regulations, says Dutch market authority

NFC technology - mobile wallet payments

The Netherlands Authority for Consumers and Markets wants updates to contactless technology access regulations. Dutch market authority Netherlands Authority for Consumers and Markets (ACM) is calling for new rules to control anticompetitive practices in NFC technology using mobile payments apps such as Apple Pay. The ACM is seeking changes to the rules following an access investigation it recently conducted. The ACM issued a media release in which it stated its concerns regarding NFC technology mobile payments apps access and making a call for a change in regulations. “The Netherlands Authority…

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Consumers still aren’t paying attention to mobile security despite rising threats

Mobile security - smartphone with a lock image

New research shows people aren’t paying attention even as they use phones for more banking and payments. Over the last year, people are using their smartphones for more banking, shopping and payments than ever before, but still aren’t paying enough attention to mobile security, says new research. Even as the number of digital threats continue to grow at a rapid pace, consumers remain careless. The research was conducted by McAfee, which recently published the results in a report. In it, they revealed that 49 percent of consumers in the United…

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Mayo Clinic Health app support now available to iPhone users

Health app - Stethoscope - iPhone

The respected health institution has added itself to a growing list to add support for the Apple feature. Mayo Clinic patients who have an iPhone can now use the Apple Health app to access their medical data on their phones. The medical institution used a press release to announce its support for the Apple feature. In the release, the Mayo Clinic explained that it was adding its support for the Health app on iPhones, so that people could use their Health Records feature. Patients will now be able to use…

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PayPal mobile wallet transactions are the online leaders

Mobile Wallet - Person paying with phone

They are also gaining ground in-store, where they represent a quarter of phone-based transactions. Mobile wallet transactions had been slow to take off but received a shot in the arm during the pandemic, when consumers looked to contactless payment options. Now, PayPal is leading the way in transactions conducted online and is also gaining ground among in-store shoppers who are looking to their phones to complete their purchases. According to PYMNTS data, PayPal is the leader in virtually every digital payments category. The PayPal mobile wallet is leading the way…

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Artificial intelligence app gauges cow and pig livestock happiness

Artificial intelligence app - Farm animals

Wageningen University & Research scientists developed the application to gauge farm animal emotional state. An animal scientist working with Wageningen University & Research in the Netherlands has developed an artificial intelligence app meant to measure farm animal emotional state. The technology gathers images taken with a smartphone and uses AI to determine the animals’ happiness. The researcher, Suresh Neethirajan, added his paper on his study to the bioRxiv preprint server, describing the artificial intelligence app and its effectiveness during testing. The purpose of the app and the research was to…

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