September 25, 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 […]

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 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 […]

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 […]

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 […]