Wearables

Wearable Use to Grow 26 Pct Globally in 2019

A new report estimates that worldwide shipments of wearable devices will reach 225 million in 2019. In its report, Forecast: Wearable Electronic Devices, Worldwide, 2018, Gartner notes that this prediction shows a 25.8 percent increase from 2018. In addition, end-user spending on wearable devices is expected to reach $42 billion in 2019, with 16.

Read More

Samsung and HSBC Get ‘Phygital’ With Wearables

HSBC and Samsung have announced what they are calling a first-of-its-kind program to bring wearable technology into HSBC bank branches. The two firms are currently testing a pilot that will put heavily customized Samsung Gear S3 watches onto the wrists of branch employees at HSBC’s three-story Fifth Avenue flagship location in New York City.

Read More

Wearables Open Up a New Financial Services Frontier, Barclays Says

Wearables come of age: are we soon going to be waving our arms about to pay? Wearable technology has made waves in the payments sector and all indications are that it has the capacity to transform the way we think about paying for goods and services. Over the last three years in particular, there has […]

Read More

Danske Bank Testing New Wearable Payment Solution

FastPay is Danske Bank’s new payment solution that lets you wear your payment chip in a wristband, on a keyring or on your watchstrap so that you can make contactless payments without having to reach for your card.In the future, you will not need to take out your payment card to pay when you are […]

Read More

Google Updates Wear OS for Faster Payments

Alphabet’s Google released on Thursday (July 26) its Android P Developer Beta 5, as the company moves closer to rolling out the release of its mobile operating system, reported BGR. According to the report, in addition to working on the Android release, Google is also updating Wear OS, its operating system for wearable devices.

Read More

Your Body, and Everything Around You, Will Soon Let You Pay for Stuff

This story is part of Follow the Money, a look at how digital cash is changing the way we save, shop and work.Think about every little thing you do when you walk into a store and pay for something.You stand in line, pull out your wallet and withdraw your credit card.

Read More