sign up log in
Want to go ad-free? Find out how, here.

ASB aims to detail host card emulation project within six weeks, says Pay Tag trial going well

Business
ASB aims to detail host card emulation project within six weeks, says Pay Tag trial going well
<a href="http://www.shutterstock.com/">Image sourced from Shutterstock.com</a>

By Gareth Vaughan

ASB is set to detail its plans for host card emulation (HCE) technology within six weeks, says the bank's executive general manager of technology and innovation Russell Jones.

HCE stores and transmits payment card information like a cardholder's name and card number, via the cloud.

This is an abridged version of this article. The full version was published in our email for paying subscribers. See here for more details and how to subscribe.

 

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.