FF News Logo
Tuesday, September 16, 2025
FF Awards Leaderboard Banner

Breaking News

WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants Saudi Central Bank Launches Google Pay Service Through Mada Network Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion Starling Reveals New-Look Logo, App and Cards as Bank Launches Brand Mission to Help Britons Become ‘Good With Money’ barq Joins Forces With Thunes to Power Faster, World-Class Remittances Across Saudi Arabia Paymentology Expands Presence in Saudi Arabia to Support Vision 2030 and Next-Generation Payments JPMorganChase and Plaid Announce an Extension to their Data Access Agreement for Sharing of Consumer Permissioned Data Enhancements to Ecommpay Subscriptions Service Help Address Failed Recurring Payments HSBC Deploys Wealth Intelligence for Its Wealth Management Staff to Enhance Client Experience Klarna Customers in US and UK Can Now Access Klarna Installment Plans for In-Store Apple Pay Purchases

FIME unifies Taiwanese smart retail & mobility with new mobile standard

 FIME has supported the Taiwan Association of Information and Communication Standards (TAICS) to standardize contactless transit fare collection and micro retail payments. To address the challenges presented by varying standards across different devices, FIME was tasked with defining specifications and establishing certification requirements.

FIME is now working with mobile device and contactless reader manufacturers to help them to align with the standards and achieve formal approval. This work is set to enhance interoperability across payments and ticketing form factors.

Chia-Pang Yen, Division of International Affairs Director at TAICS comments: “With multiple e-ticketing, mobile and contactless reader brands across Taiwan, greater standardization was important to ensure a seamless and secure experience for shoppers and travelers. To achieve this, we needed partners to support us throughout the entire process. FIME’s expertise across transport, payments and mobile has enabled us to bring together the right technologies to enable the future of digital mobility in Taiwan.”

“Payments and ticketing services are rapidly digitizing to meet demand for quicker, slicker and more convenient consumer experiences,” adds James Daniels, Head of Asia Pacific, at FIME. “This digital transformation brings unprecedented interoperability, security and compliance challenges. Especially when you merge the retail and transport ecosystems. Without interoperability between mobile devices and contactless readers, consumers will become frustrated and adoption will be slow. Our full stack of end-to-end services is already delivering quality and convenience in Taiwan and we look forward to our continued partnership with TAICS.”

For more information on how FIME can support the testing, certification and launch of payments and transport ticketing services, visit the FIME website.

  1. WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance Read more
  2. AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Read more
  3. Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering Read more
  4. United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Read more
  5. Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents Read more
ITC Vegas