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!

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. […]

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 […]

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 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 […]