A site dedicated to providing credit unions with relevant news and information related to security and information technology.
Wednesday, May 13, 2015
Banks Eye IoT And Wearable Tech Apps
Banks and other transaction-focused companies are increasing their efforts to bring apps to the Apple Watch and other wearable technology – with an eye on creating a seamless shopping, payment and even budgeting experience for consumers via the Internet.
Driven in part by the Internet of Things trend, Royal Bank of Canada and MasterCard are working with Bionym, maker of a wristband that authenticates consumers via biometrics, according to American Banker.