November 23, 2017

“Amazon Go” in the Diginomics Era

Walk in. Pick up what you want. Walk out. No checkout lines. That’s what a cashless society is all about. Welcome to the Diginomics Era!

Call it ‘The UBER Moment’: Fintech & Bitcoin are Disrupting Banking Industry

The World of Diginomics is experiencing growing pains, but it’s all part of growing up.   “Bitcoin is here to stay. It is a first of its kind. Bitcoin is the first globally relevant virtual currency that does not need the banking system.” – Frank Schwab, co-founder of the Fintech Forum in Germany. According to […]

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 […]

Diginomic News: Snapcash Newest Entry in Digital Payments P2P

Imagine this: You’re at the restaurant and the waiter presents you the bill. In today’s “diginomic” world, you could easily choose to pay the bill via your smartphone. Then the thought occurs to you — why not tip your waiter directly, separate from the actual bill itself? How? Glad you asked! Through Snapcash, which allows […]

MOBILE PAYMENTS TO “GO MAINSTREAM” BY 2019

By 2019, mobile payments in the U.S. will reach  $142 billion, up from the current $50 billion,” according to research firm Forrester. In a report released on Nov. 17 and reported in the New York Times, the mobile payments industry has matured over the past five years and has enjoyed consistent growth across all genres. […]

The Diginomic ‘Wave’:Techie Embeds Chip in Hand

DiginomicWorld News has been predicting since 2012 that “the future of digital economics is in ‘the Wave.’ Be it installation, augmentation or implementation through virtualization — the ultimate technology … whether it is card, communicator or chip … will be little more than the simple ‘wave’ of the hand, and your bill is paid. It’s […]

Diginomics Grows: Days of Cash Limited as Digital Payments Increase

“Apple is betting that consumers want an even more convenient way to pay in person,” reports TechCrunch.com in its October 11 posting. “Apple Pay should provide digital currency (like Bitcoin) with a boost — it could be the killer app that digital currency has been waiting for.” Indeed, cash is slipping in its position as […]

Diginomics Spreads to In-Flight NFC Applications

Near Field Communications (NFC) technology is that super convenient payment system that allows you to wave and pay. A key fob wand, an NFC-branded credit or debit card, or smartphone — these are among the tools of close-range electronic payment devices. Panasonic Avionics Corporation announces that, by the summer of 2015, in-flight NFC diginomics will […]