innovation

You Will Soon Be Able to Pay Your Subway Fare With Your Face in China

Facial recognition payment is the next step in evolution of cashless transactions in China, home to the world’s biggest internet population.

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What Does Embracing Innovation Truly Mean?

The rapid pace of advancing technology and growing customer expectations mean that manufacturers must continually reinvent themselves through research and development and the introduction of new products.

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RBS Trials Biometric Fingerprint Bank Card

Royal Bank of Scotland is to pilot a biometric bank card which will allow customers to verify a purchase using their fingerprint. Those taking part in the trial will not need to use a Pin code to verify transactions of more than 30. RBS said the technology was designed to increase security and make payments […]

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How Alibaba Leads With Innovation in Transaction & Payment Technology

China’s retail giant Alibaba is at the global forefront of new payment technology, harnessing facial recognition, mobile apps and more to merge the digital and physical for next-gen seamless transactions The major players of retail in China have built complete shopping ecosystems that allow them to collect an enormous amount of data across the cust.

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Payments: The March of Tech

On Christmas Eve, when few people were paying attention to the world of fintech, Google was awarded a European Union e-money licence from the Republic of Ireland. The agreement followed a similar deal the tech giant had struck with Lithuanias central bank just a few days earlier.

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With This Ring, I Thee Pay – Buy, Authenticate 

Human wrists deserve a break when it comes to payments, commerce and even authentication, right? To put it another way: Is there a better way to do wearables, to appeal to consumers who, for various reasons, might not like wearing web-connected devices on that part of their bodies? It’s a reasonable concern.

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Blockchain: New Frontiers

Blockchain: New Frontiers Advertising Blockchain is a technology that offers reliable transactions thanks to decentralized record-keeping. The best-known applications of blockchain technology are still the alternative currencies, of which Bitcoin remains the most prominent.

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How Technology Enhances the Brick‑and‑Mortar Buying Experience

Once the world’s largest retailer, Sears was omnipresent with thousands of brick-and-mortar stores throughout the U.S. As of 2018’s second quarter, there were just 506 Sears locations left and plenty of them are on their way out. How do consumers feel about this? Many just… don’t. Sears is just one retailer with an ever-shrinking physical […]

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CMA Seeking New Ways to Incubate Innovation

As the Capital Markets Authority (CMA) awaits feedback from stakeholders by January 20, on the regulatory sandbox Policy Guidance Note (PGN), designed to facilitate innovation, a new dawn is set to be ushered in the capital markets.

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Blockchain and Privacy – Is Encryption the Solution?

The European Union’s General Data Protection Regulation (GDPR) was first drafted before blockchain became a widely adopted technology utilised across nearly every sector of the economy.

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Innovation Will Drive the Banking Trends of 2019

The banking trends of 2019 will be dominated by innovation. It may sound glib, but it will be true as ever. Whether this comes from blockchain, IoT, Open Banking, or whatever does not matter; innovation will be at the heart of it.

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U.S. Millennials Who Mobile Pay May Spend More Than Non-Users but Still Budget and Save

An article in today’s CrowdFunder Insider suggests that young adults who use mobile payments spend more and make worse financial decisions than millennials who don’t use mobile payments.

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