Tag Archives: Wearables

ABN AMRO tests contactless payment with wearables

By | June 22, 2017

ABN AMRO is the first bank to enable clients to make payments directly from their current accounts using a wearable. A select group of users is currently testing various wearables, including a special Kerv ring (photo) and a watch with NFC technology (Near Field Communication). The test users will be able to use these wearables to make contactless… Read More »

Romanian lender introduces contactless watch that works as banking card

By | June 15, 2017

Banca Transilvania, the second largest bank in Romania by assets, has launched a contactless watch working as a payment instrument that can replace the debit card in Romania or abroad. The BT contactless watch is the result of a collaboration with Swiss watch maker Mondaine, digital security & identification technology company Oberthur Technologies, and financial services provider MasterCard.… Read More »

Visa to Roll Out Cashless Experience at the FIFA Confederations Cup 2017

By | June 13, 2017

Visa upgrades fan experience at the FIFA Confederations Cup 2017 and debuts the latest payment technologies for fans in Russia. SAN FRANCISCO–(BUSINESS WIRE)– Visa (NYSE:V), the Official Payment Service Partner of FIFA, today announced that football fans attending the FIFA Confederations Cup 2017 will have a front row seat to enhanced payment experiences at official FIFA stadiums. Visa is implementing 1,600… Read More »

Investible just led a $1.5 million investment round for Sydney wearable fintech Inamo

By | May 26, 2017

Inamo, the Sydney startup known for making waterproof wristbands and sunglasses that double as a contactless bank card, has secured $1.5 million of seed funding led by Club Investible. Investible’s $1 million contribution is its single largest investment into an Australian-based startup. The other $500,000 was sourced from unnamed private investors. Inamo founder Peter Colbert, who has started… Read More »

Wearables: Successful pilot project for students at Colombian University with Bancolombia

By | May 11, 2017

During the three-month project run students were able to use a personal wristband for paying at the college campus’ kiosk. Bancolombia, one of the biggest banks in South America and market leader in Colombia, installed a special NFC terminal to process the debits. Safran Identity & Security (Morpho) supported Bancolombia with pre-personalized wristbands. “We achieved a common goal… Read More »

UAE Exchange partners OT on wearable contactless payments

By | May 1, 2017

UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand, and OT (Oberthur Technologies) have partnered to launch “gocash” prepaid card of UAE Exchange through the first-ever contactless payment via wearable devices (powered by “Flybuy MiniFOB” technology of OT), at the Seamless Middle East Conference in Dubai on 01 May 2017. UAE Exchange will be offering… Read More »

Heritage Bank Trials Visa Wearable For Payments

By | April 19, 2017

Queensland’s Heritage Bank has embarked on a customer trial of a Visa’s wearable payment device. Heritage has launched a wristband with an embedded chip that enables users to leave their wallet at home and make a purchase simply by “hovering” the device over a contactless payment terminal. The waterproof wristband links directly to a customer’s Visa debit account.… Read More »

Apple Watch Series 3 Could Feature A SIM-Card Slot

By | April 7, 2017

While the future of smart wearable technology is still to be decided products like the Apple Watch are to be updated later this year. According to those who know, Apple remains confident that its series 2 device met the needs of consumers. However, it’s clear that some additional features are required to make a possible series 3 watch… Read More »

How Inamo’s Surfer CEO Turned Sunglasses, Watches Into Contactless Payment Wearables

By | April 7, 2017

Visa Australia recently introduced WaveShades, an interesting twist on contactless payments technology, with the help of Australian surfer-focused wearable payment startup Inamo and a fellow Aussie company, sunglass maker Local Supply. WaveShades are Local Supply sunglasses with a small Inamo secure payment chip embedded in one arm of the glasses. The sunglasses allow wearers to pay for items… Read More »

Samsung will Attempt to Convert Wearables into Prepaid Credit Cards

By | April 3, 2017

Samsung can become creative at times in spite of their phones bursting into flames (too creative) or their CEO getting arrested for political corruption (no creativity). In fact, the South Korean tech giant may have some superb ideas for how to make mobile payment work. Instead of giving devices like smartwatches the full power of a credit card,… Read More »

No, An LTE-Equipped Apple Watch Will Not Come With a Physical SIM Card

By | March 28, 2017

Amidst a lull in Apple hardware releases, an industry analyst on Monday issued a research note claiming Apple’s next-generation Apple Watch will use a physical SIM card for standalone LTE connectivity. We explain why that is an unlikely scenario. Citing checks with Apple’s supply chain, Susquehanna Financial Group semiconductor analyst Christopher Rolland said he believes an Apple Watch… Read More »

Valid Produces Prepaid Payment Bracelet

By | March 27, 2017

Mar 27, 2017— Valid, a global provider of customized secure solutions, has produced BPPTag payment wristbands, recently launched by Brasil Pré-Pagos (BPP) and Visa. The device works with Near Field Communication (NFC) RFID technology. The communication technology allows the secure exchange of proximity-encrypted data with a debit machine. In Brazil, there are approximately 2.8 million such machines that… Read More »

Tappy – Contactless Payment System

By | March 24, 2017

With how advanced technology is and always becoming, it’s hard to imagine that making payments by phone just isn’t as efficient as it used to be. Tappy, a global NFC payment solution provider, is making possible for almost any branded product to be transformed into a payment device. Having been at Mobile World Congress, we saw this tech… Read More »

Samsung, Smartlink and Ingenico Introduce the “Contactless Companion Platform” To Enable “Digital Cash for Everyone”

By | March 23, 2017

Samsung Electronics, a world leader in advanced semiconductor technology, today announced the launch of the “Contactless Companion Platform (CCP)” together with its ecosystem partners, Smartlink  and Ingenico, built with its industry leading dual interface smart card chip for multiple applications and form factors.   As the smart card chip provider, Samsung introduces a disruptive contactless concept with both… Read More »

Wearable Payments Firm Secures Major Watch Brands For Launch

By | March 21, 2017

Contactless wearable payments company Tappy Technologies has secured renowned international watch brands ahead of its launch this week. The launch partnership will see Tappy’s payment technology embedded into traditional timepieces from partners including: Ted Baker, Mondaine, Technos, NEWATCH and SAGA. Tappy is a specialist in contactless wearable payments and is a Global Wearable Program Partner of leading banks… Read More »

Westpac to Launch Australia’s First Wearable Payments Devices

By | March 21, 2017

Anyone who has recently complained the big banks aren’t innovative enough to keep up with tech-loving millennials will today be eating their words. Australia’s oldest bank today announced it will launch the country’s first wearable payments devices, along with a new mobile feature, the “Westpac Keyboard”, which will enable customers to make payments within popular social messaging apps.… Read More »

Kerv Wearables Launches Contactless Payment Ring at Wearable Technology Show 2017

By | March 8, 2017

KERV WEARABLES, LONDON, HAS TODAY LAUNCHED ITS CONTACTLESS PAYMENT RING, ENABLING THE WEARER TO MAKE A CONTACTLESS PAYMENT ANYWHERE THAT ALLOWS MASTERCARD CONTACTLESS TRANSACTIONS. The launch comes shortly after Mastercard has granted approval for the Kerv ring, as an M/Chip contactless payment device. M/Chip, is Mastercard proprietary technology that meets EMV standards for interoperable, reliable and safe payments… Read More »

G&D and Caixabank give away operative wristbands for contactless payments among MWC visitors

By | February 28, 2017

Barcelona, February 28, 2017 – Giesecke & Devrient (G&D), in collaboration with CaixaBank, will distribute wearable wristbands for contactless payments among MWC 2017 attendees. The wristbands, manufactured by G&D, are lightweight, submersible and ergonomically designed. These certified by Visa devices have an initial balance to be used in shops in Barcelona and worldwide There will be 936 million… Read More »

Barclaycard signs new bPay partnerships to embed contactless payment technology in watches and jewellery

By | February 24, 2017

February 24, 2018 Barclaycard has agreed two new partnerships that will see its bPay payment technology embedded into high street jewellery and watch brands, expanding the range of wearable devices that can be used to make contactless transactions in the UK. The agreements are designed to complement bPay’s proprietary range – which comprises a wristband, fob, sticker and… Read More »

STMicroelectronics Teams with Mobile-Payment Partners to Create Turnkey, Certification-Ready Solution for Wearable Devices

By | January 4, 2017

Mobile payments may go mainstream on wearable devices like smartwatches by taking advantage of a new ready-to-use payment solution containing technology from STMicroelectronics (NYSE: STM) , a global semiconductor leader serving customers across the spectrum of electronics applications. ST, G&D, and FitPay have used ST’s security chip to jointly create the first secure hardware and software solution that… Read More »