HCE pioneer pulls in $2.5M backing from cloud payments firm Mozido
US firm SimplyTapp, an early developer of host card emulation (HCE) technology, raised $2. 5 million from Mozido, whose specialism is cloud-based payments. The additional backing raises SimplyTapp’s total funding to $10.
Payment wearable with a difference set for showcase
A new wearable device by German vendor Wirecard enables users to make a payment by holding the wristband against NFC-based payment terminals. What distinguishes the Smart Band from other such products is that it uses host card emulation (HCE) technology.
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