September 16, 2019

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 […]

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 […]


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 […]

Next Generation to be Born into “Cashless” Society

According to the Forrester research group, children born today will be the world’s “first cashless generation” and will prefer their smartphones over their pocket wallets in making payment transactions. The target date for this transition: 2016. According to Carl Scheible, PayPal’s managing director in England, “By 2016, you’ll be able to leave your wallet at […]

The Move Toward Becoming A Cashless Society reports (June 24, 2013) that “It seems Texans, like most citizens around the world, are moving toward becoming a cashless society.” In its 2013 Consumer Insights Survey, SWACHA – The Electronic Payments Resource® – announced “Direct deposit users are likely to save more” than their non-EDP counterparts. According to the survey, savings rates are […]


Diginomics takes another major step forward. The Ukrainian bank PrivatBank has given customers a glimpse of what they will be able to do using Google Glass once it is available on general release. Make a deposit? Simply look at the check(s) to be deposited. Pay a bill? Focus on a QR code. Many, many innovations […]

Multi-Channel Banking: From Tablet to Cell Phone with One Transaction

“Multi-channel banking is the buzzword in today’s banking world; banks are competing to increase their reach by adding on customer touch points including laptops, PCs, mobile phones, tablets, kiosks, smart ATMs and even television. The digital generation is ever ready for innovation and experimentation, and expects banks to make their banking experience easier. Cross channel transaction is […]


“The shopping process is being revolutionized: U.S. mobile commerce is expected to hit $10 billion this year, up from $6 billion in 2010 — but that’s only a small part of the story. According to Nielsen, 89% of smartphone owners have used their phone while shopping in stores in a host of different ways, most […]

Welcome to Diginomics Defined

The Future of Retail is in “The Wave.” Be it installation, augmentation or implementation through virtualization — The term itself (first coined in 1998) is rapidly gaining global tracking as the fog begins to lift on what the future really looks like. It’s where George Jetson meets George Orwell … and Aldous Huxley (“Brave New […]