While I would love to see a more open iphone NFC chip (primarily for identification/access control system integration), I shudder to think of bank implementations of contactless payments. Bank apps I’ve used have been “meh” at best, usually bad (and filled with ads!!) and don’t even support modern secure authentication (totp/webauthn). I’d like to see them fix their core technology before trying to figure out a way to sell me a loan using mobile payments.
> It even has certain advantages, such as allowing one to unlock a banks doors outside regular hours to access the self-service area for things that are beyond regular ATMs, something that currently does not work with Google or Apple Pay.
Have you tried it? I’ve been able to open Chase bank ATM lobbies using the NFC Jimmy John’s loyalty card in my Apple Wallet (along with every brand of payment card I have in there). This “security” appears to be primarily to keep unbanked (read: homeless) people out.
Here in Austria, it does not appear to be possible on either Apple Pay or Google Pay. Just tried with Google Pay, did not work and had a friend try it with Apple pay a few weeks ago, equally failed.
> It even has certain advantages, such as allowing one to unlock a banks doors outside regular hours to access the self-service area for things that are beyond regular ATMs, something that currently does not work with Google or Apple Pay.
Have you tried it? I’ve been able to open Chase bank ATM lobbies using the NFC Jimmy John’s loyalty card in my Apple Wallet (along with every brand of payment card I have in there). This “security” appears to be primarily to keep unbanked (read: homeless) people out.