December 19, 2018

“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!

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 […]

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 […]

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 […]

Shopping in the Future: Diginomics in Full Swing!

Smartphones, tablets, Google Glass, mobile commerce — all abounding to abundance in an increasingly diginomic world. Smart refrigerators ordering fresh replacements, smart light bulbs that know when they will need to be replaced, even smart stores that know who you are and what your buying habits are upon your arrival with select coupons tailored to […]

Self-Authenticating Chip Technology Could Disable Digital Fraud

Imagine — no longer being concerned about protecting your identity and financial information from hackers. And not credit/debit cards only, but SIM cards as well? Could electronic counterfeiting of our financial transactions soon be a thing of the past? Consider the April 9, 2014 patent filing by De Sonneville International of its self-authenticating microchip. “If […]