September 17, 2019

Pay-by-Palm Closer Than You Think

Out of Sweden’s Lund University comes a development that promises to be a game changer in the ever-evolving world of diginomic payment systems. It’s a “pay-by-palm” system being developed and distributed by a biotech startup called Quixter. “Pay with your hand. Paying has never been quicker or more convenient,” Quixter’s homepage announces. Getting started at […]

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 […]

DIGINOMIC GLOBAL REPORT: 71% of Airlines see Mobile Payments as Global Trend

Worldpay, a London-based early pioneer in providing online payment services since 1989, recently surveyed the world’s major airlines on the impact of social media and online payment systems. Seventy-one percent of the airlines report that electronic payments are the wave of the future and that they will “increase their focus on mobile as both a […]

Contactless Payments: the ‘Holy Grail’ of Cashless Payments?

“Contactless payments” are exploding across England, which could be an indicator of an expanding global trend. According to WorldPay, contactless payments in the UK have skyrocketed 226% since this same time last year. It’s a process known as “Proximity Correlation.” It’s a contactless payment system that Starbucks has been using since 2012. “One in three […]

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 […]

Diginomics Recognized in Spain

“DIGINOMICS” began here in Houston in 1998 (not the scientific technology, but the term itself) when it was first posted on the Internet. Do a web search, and you will find increasing global trending of the term, just as was originally desired. Now, there is a book that has been published by a couple of […]

Target Mayhem Solution: Mag Stripes Going Away – Embedded Tech on the Way

We have been headed in this direction for some time. Now, thanks to the “Target fiasco” of Christmas 2013 in which over 40 million credit and debit card numbers were breached, the call to replace mag stripe technology has heightened. Cards with PIN-driven computer chips embedded and smartphones with Near Field Communications (NFC) technology inside […]

WEARABLE TECHNOLOGY (ie: Google Glass) INTRODUCES WEARABLE BANKING.

WEARABLE BANKING could become the Google Glass Generation killer app! Diginomic lifestyles, cultures and fashions are rapidly coming into vogue, starting in 2014 when Google Glass is scheduled to make its public debut. The new app that will allow the Google Glass Generation to locate ATM machines nearby helps open the gates to what is […]

More Diginomics Predicted for 2022

The Payments Council of England published a new report in August, “UK Payment Markets 2013,” that predicts what the “diginomic world” of 2022 may look like. Consumer card use to rise by 75% Cash payments will drop dramatically Consumer check payments will be virtually non-existent Direct deposits to grow by 20% Our primary interest in […]