Tag Archives: Wearables

UOB the first in Asia to offer Fitbit Pay

By | November 13, 2017

Contactless payments are winning the race when it comes to the payment preferences Customers have spent 10% more each year on health and wellness products and services     UNITED Overseas Bank’s (UOB) cardmembers will be the first in Asia to be able to make Fitbit Pay contactless payments through the new Fitbit Ionic smartwatch. UOB’s latest innovation… Read More »

Visa Introduces New Payment Wearables for Fans Attending the Olympic Winter Games PyeongChang 2018

By | November 8, 2017

SAN FRANCISCO–(BUSINESS WIRE)–Nov. 8, 2017– Visa (NYSE: V), the exclusive payment technology partner at the Olympic and Paralympic Games, today introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled payment gloves, commemorative stickers and Olympic pins that allow fans and athletes to complete seamless and secure payments with a simple tap… Read More »

STMicroelectronics Reveals Compact Contactless Module with boostedNFC(TM) Technology, Extending Secure Payment to Wearables

By | October 19, 2017

Market-unique solution overcomes space constraints by integrating a miniaturized contactless radio booster with a secure microcontroller in the same package Industry-leading solution ensures compelling user experience with small-size antenna System-in-Package meets security and card-industry standards and is supported by development ecosystem including software and tools   Geneva, October 19, 2017 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers… Read More »

Wirecard Acts as Technology Provider for Twisto to Offer Contactless Payments in the Czech Republic

By | October 12, 2017

MUNICH, October 12, 2017 /PRNewswire/ — Wirecard, the leading global specialist for digital payment solutions and internet technology, cooperates with Twisto to provide contactless payments via credit cards and wristbands at the point of sale (POS) in the Czech Republic. Twisto is the first FinTech company providing physical credit card payments in the region. The company was awarded as ‘Best European… Read More »

Russia – Moscow Metro to Introduce Fare Payment Rings

By | October 4, 2017

Muscovites could soon pay for their metro rides with a ring expected to go on sale later this month, its developer told the Govorit Moskva news agency on Tuesday. The Moscow-based PayRing company brands its product as a contactless bank card in the form of a ring. A company employee said deliveries would start in late October. A spokesperson for the… Read More »

Enterprise Wearables Forecasted to Reach 118 Million Shipments in 2022

By | September 27, 2017

LONDON, UNITED KINGDOM – 27 Sep 2017 ABI Research forecasts that enterprise wearable shipments will reach over 118 million in 2022, increasing from just over 38 million in 2017, a CAGR of 25%. The enterprise wearables market is continuing to see stronger growth than the consumer market, which has shipment numbers increasing at a lower CAGR of 13%.   Healthcare… Read More »

Telstra launches eSIM service for wearables

By | September 26, 2017

Telstra has introduced its ‘One Number’ service designed to connect wearable devices directly to the operator’s mobile network, also extending Telstra customers’ smartphone mobile number to the device. This new embedded SIM card means Telstra customers will soon be able to make and receive phone calls, and check and send text messages, from their compatible wearable device without… Read More »

​NXT-ID’s FitPay Technology Now in Bee, the World’s Newest Biometric Payment Key Fob

By | September 25, 2017

It was years ago that NXT-ID (NXTD) was nose down developing a cutting-edge consumer electronic device that consolidated credit, debit and loyalty cards into one, secure “smart wallet.” The product was actually a little ahead of its time and struggled to gain traction, but it set the stage to give the Melbourne, Florida based company a foothold as a manufacturer… Read More »

Bank of America and NXT-ID Subsidiary FitPay Collaborate to Accelerate Wearable and IoT Payment Adoption

By | September 7, 2017

MELBOURNE, Florida, September 7, 2017 /PRNewswire/ — Bank of America (NYSE: BAC ) and FitPay, Inc., a wholly-owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD), today announced an agreement to extend contactless payment capabilities to a range of new devices, giving Bank of America customers more payment options and accelerating the adoption of new payment devices. This collaborative effort enables Bank of America… Read More »

Visa Enables On the Go Payments With the New Fitbit Ionic

By | August 28, 2017

SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE:V) today announced it is enabling Visa payments on Fitbit’s first smartwatch – Fitbit Ionic™. Eligible cardholders of participating banks will be able to make payments with Fitbit Pay™, Fitbit’s new payment function, when available. With Fitbit Pay, Visa and Fitbit are meeting demand amongst the majority of wearable owners who, according to the recent… Read More »

NXP Powers Event Passes for 150,000 Athletes, Government Officials and Delegates at the International 29th Summer Universiade

By | August 17, 2017

MIFARE Ultralight Nano contactless entrance passes provide a more convenient experience for secure access to sports venues and ceremonies at international sports event TAIPEI, Taiwan, Aug. 17, 2017 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ:NXPI) is the official supplier of the smart ticketing solution for the 29th Summer Universiade in Taipei, one the world’s top international sporting events… Read More »

World’s first in-school wearable tech savings & payments programme “POSB Smart Buddy” launches in 19 schools

By | August 16, 2017

 Some 6,000 students are participating in the POSB Smart Buddy programme The programme outfits schools with digital payment infrastructure, provides students watches with digital payment and fitness tracking capabilities, and comes with a mobile app for parents   SINGAPORE,16 August 2017 – POSB today celebrates the official launch of a global first – the POSB Smart Buddy programme /… Read More »

Nxt-ID’s Strategy to Conquer IoT and Digital Payments is Proving Out

By | August 8, 2017

The burgeoning Internet-of-Things (IoT) ecosystem is growing by the nanosecond. Gartner estimates that there will be 8.4 million connected devices in 2017, a 31% increase from last year. One company that is stretching its IoT muscle is Nxt-ID (NXTD), an innovative tech company that introduced the world to smart wallets and has since expanded deeper into digital payments… Read More »

India – Delhi Metro Introduces Smartwatch for Travel

By | July 20, 2017

Delhi’s Metro Railway Corporation (DMRC) has introduced a system of wearable tech payment for travellers on its metro system. As of June 2017, passengers on Delhi’s extensive rail network will be able to use smartwatches as a form of smart card for entering and exiting the system. Working in collaboration with company LAKS GmbH, DMRC launched the innovative… Read More »

Swatch updates mobile-payment watches for China, linking with UnionPay to keep sales ticking

By | July 20, 2017

Swatch Group, which claims to be the world’s largest watch maker, has launched the second generation of its chip-embedded devices that can be used for mobile payments in China, after teaming with UnionPay to offer “Swatch Pay”. The new watches can be linked with credit cards issued by 11 partner banks – including Bank of China, Industrial and… Read More »

Festipay Expects 10 Million Contactless Transactions

By | July 18, 2017

Festipay expects 10 million contactless transactions, introduced an integrated solution at the Neversea festival, and enters the Italian and Scandinavian markets Budapest, 18 July 2017. – Festipay has closed a very busy first six months in 2017: several new Hungarian and international festival organizers decided to choose Festipay cashless payment solution. The company introduced an integrated solution at… Read More »

UK – These debit card wristbands are absolute must-haves – and they’re available in Plymouth

By | July 5, 2017

  Barclays have released new contactless wristbands that are waterproof – and there are hundreds available in Plymouth. Contactless payment is migrating from the plastic card to modern and fashionable bands, and Barclaycard has rolled out a new range of devices that can be used to make ‘touch and go’ payments following the success launch of its bPay… Read More »