December 19, 2018

Biometric banking is booming

Passwords are passe. At least that is what experts are saying about having to enter, and remember, those annoying combinations of numbers and letters to access your accounts. The growing consensus is the future lies in using biometrics to login. Between voice activation, facial recognition and fingerprint verification, biometric banking is booming.  Predictions are that […]

Your Heartbeat is Your Password

Halifax is testing wristbands that pick up a wearer’s heartbeat and use it as a way of logging into their mobile banking app. The Nymi Band would be connected to a smartphone via Bluetooth, and use ECG sensors to pick up the wearer’s unique heart rhythm. Customers would put the band on their wrists, which […]

Diginomic-Prone Generation Z Ready for Biometric Economy

The next adult generation of consumers see the end of cash and “tangible” means of payment of all kinds (currency, coins, checks and credit). Intangible, virtual economics (“diginomics”) is the only way to go. It’s fast, clean, cheap … and sensible in this new all-digitized world. This survey confirms another survey in 2011 conducted by […]

Diginomics + Wearable Tech = The Power Suit

Since 2011, we have been talking about the future of alternative payment systems could be summed up in one phrase: “The Wave.” Simply wave your hand at the payment terminal, and that’s it! whether it be through biometrics, or wearable tech (calm technology), or a combination of both and more, “The Wave” would prove to […]

DIGINOMIC ATMs NEXT GEN ROLL-OUT

The ubiquitous ATM machine is undergoing a major makeover that will make it a greater player in the world of digital economics than ever before. As we have noted in earlier posts how 2014-15 promises to be the transition period away from PINs and passwords, the new ATMs will lean more on biometrics. Teamed with […]

PulseWallet Lets You Pay for Things Using Your Veins

They say in the credit card commercial, “Don’t leave home without it.” PulseWallet would respectfully disagree. Leave your credit card at home. You don’t need it if you opt for PulseWallet’s palm-scanning technology called “Palm Secure,” an electronic device that photographs an individual’s unique vein pattern below the skin. The distinct pattern of each individual’s […]