Apple is preparing to launch an 'iWallet' app allowing customers to easily for with theit mobile phone, it has been claimed.
The project is believed the already have Visa on board, and is expected to use the firm's Touch ID fingerprint sensor to verify a customer's identity.
The app could launch in the Autumn alongside Apple's new iPhone 6.
Put away the credit card! Apple is believed to be working on an iWallet app to allow users to easily pay with their phone
According to tech blog The Information, 'conversations between Apple and payments-industry companies have heated up in recent months.'
It claims 'several people briefed on the talks say that Apple executives have discussed launching a mobile “wallet” as soon as this fall for people to use their iPhones to pay for goods in physical stores.'
According to the report, new phones will include a ‘secure element’ to store such sensitive data.
The service will also run without any intervention by mobile phone firms.
Apple has told some partners its system would involve a so-called secured element in the phones—a piece of hardware where sensitive information such as a phone owner’s financial credentials can be stored.
This expected to be the same secure system currently used to store fingerprint information, which is also set to store health data.
Earlier this month Visa launched a new service called Visa Checkout that eliminates a few steps in online payment.
The company and its retailing partners, including Neiman Marcus, Pizza Hut, Staples and others, hope a quicker payout will lead to fewer abandoned shopping carts online.
Apple has told some partners its system would involve a so-called secured element in the phones¿a piece of hardware where sensitive information such as a phone owner¿s financial credentials can be stored.
As more customers shop on smaller screens like smartphones and tablets, the hassle of entering in credit card numbers and billing addresses is becoming a sticking point and payment processors have been working to find ways to simplify the process.
Visa Checkout joins similar services like eBay's PayPal, MasterCard's MasterPass, Amazon's one-click checkout and others.
Visa has been working to expand its reach into the payments processing business with new products like Visa Checkout.
The company is also opening a technology center in San Francisco in an effort to court mobile developers in the Bay Area tech community.
It plans to hire 100 new technology staffers for the center.
Credit to Mail Online
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MOSCOW, July 25 (RIA Novosti) – Russia’s evidence that Kiev has used phosphorus bombs against civilians should force the international community to put pressure on the Ukrainian authorities and make them stop the punitive operation in the country’s east, Russian diplomat Konstantin Dolgov said Friday.
“This information should help prompt the world community to influence Kiev in putting an end to the punitive operation. The result is numerous casualties among the civilians,” the Russian Foreign Ministry’s Special Representative for Human Rights, Democracy and the Rule of Law wrote on Twitter.
Dolgov commented on the recent reports by the Russian Defense Ministry that Ukrainian troops used phosphorus ammunition during the attacks against independence supporters.
Earlier on Friday, a representative of Russia’s General Staff in an interview with Rossiya 24 channel said that Moscow has “reliable confirmation that phosphorus ammunition” in the populated areas of Ukraine.
Chief Surgeon of the Armed Forces of Russia Nikolai Efimenko said that the use of phosphorous bombs may have irreversible consequences on people and may also have a negative impact on the environment. Phosphorous poisoning may cause serious illnesses and even lead to death.
Credit to RIA Novosti
More British citizens signed up to fight in Iraq and Syria than joined the Army Reserve last year, it can be revealed.
Just 170 extra reservists enlisted over the past year - despite a Government target to boost the stand-by force by 11,000 by 2018.
But at the same time the brutal al-Qaeda inspired ISIS forces tearing through Iraq have been boosted by 'several hundred' Brits, ministers told MailOnline.
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The terror organisation ISIS has wreaked havoc in Iraq and Syria. Ministers are increasingly concerned British-born recruits could return to the UK intent on carrying out attacks in the UK
Terror experts believe there could be as many as 500 Brits fighting alongside the jihadists in the Middle East for ISIS (Islamic State in Iraq and Syria).
A senior government minister said: ‘There is a real problem about people going in and being radicalised and then coming home. There are several hundred who have gone from Britain that we know of. It is a worry.
'To get to Iraq most of them will have to go through Syria, so the two are connected.’
Foreign Secretary William Hague yesterday admitted Brit will 'inevitably' be fighting alongside ISIS which he called the 'most violent and brutal militant group in the Middle East'.
He said the majority of Isis' members were Iraqi or Syrian but 'it also includes a significant number of foreign fighters among its ranks'.
Mr Hague said: 'As I have previously told this House, we estimate the number of UK-linked individuals fighting in Syria to include approximately 400 British nationals and other UK-linked individuals who could present a particular risk should they return to the UK.' He said 'some of these, inevitably' are 'fighting with' Isis.
Shadow defence secretary Vernon Coaker said he revelation was humiliating for the country and needed to be tackled.
Mr Coaker said: 'The government's own figures show more UK citizens are joining ISIS than signing up for the Armed Forces Reserves. This is shameful, embarrassing and will cause deep concern.
'We need to see action to ensure recruitment to the Armed Forces meets the targets set. Otherwise, Britain will be left with a dangerous capability gap.'
The Government has launched a campaign to recruit 11,000 new reservists to boost the size of the back-up force to 30,000 by 2018. But between April 2013 and April 2014 just 170 signed up
Shadow defence secretary Vernon Coaker (centre), with Labour leader Ed Miliband on a surprise visit to Camp Bastion earlier this year, attacked the 'shameful' failure to recruit British forces for the Army Reserve
Credit to Dailymail.com
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