The world is currently fixated on using combinations of letters and numbers
as passwords and PIN codes, but actually there could be a better way.
Whether you love them or hate them, emoji offer one possible alternative
to this standard, which could make passcodes both easier to remember
and harder to crack.
Last year, Brazilian startup Kinetics unveiled its NearBytes technology
, which has now found a commercial application in the form of the Edgepay point of sale (POS) terminal that allows card-free payments of goods and services using a mobile phone.
Nine mobile network operators across 48 countries in Africa and the Middle East have joined forces on the GSM Association’s Mobile Money Interoperability (MMI) program. The program aims to develop standards and implement convenient and affordable financial services across the regions, where many citizens have limited access to traditional banking services.
Although not all of us may think of ATM use as something that needs to be sped up, banking technology company FIS has developed a system that is claimed to streamline the cash-getting process. Known as Cardless Cash Access, it allows people to get money from ATMs within seconds, using nothing but their smartphone.
Brazil’s Edra Equipamentos has developed an eco-friendly ATM booth crafted from environmentally friendly raw materials. Instead of conventional, oil-derived resins, the walls and ceiling of the booth are built from a polymer derived from a combination of recycled plastic, such as PET bottles, and renewable sources, such as oilseed plants. A photovoltaic solar panel on the roof powers the booth’s LED lighting at night, while during the day natural light floods in through a clear “Solatube” system coated with a film from 3M that blocks more than 80 percent of infrared rays to help keep the interior cool.
Biometric technology has been boosting the security of a greater array of electronic devices in recent years, including homes
and even wallets
. The technology has also made its way into ATMs as a way to beat card skimmers, but these machines still require customers to insert a card. Now a Japanese bank has announced that it will introduce ATMs that allow customers to carry out transactions with a scan of their palm.
Since their introduction in the 1960's, automated teller machines (ATMs) have provided bank customers with a convenient way to access their cash 24 hours a day seven days a week without having to wait until banking hours and queue to see a teller. Now the world's biggest ATM provider is putting the "teller" back in the automated teller machine with the unveiling of an ATM with integrated two-way video conferencing that lets users talk live with a remote teller.
Research company Juniper has drawn up a list of predictions for the mobile and wireless industry for 2011 and they portray humanity hurtling headlong towards a mobile-centric lifestyle. Juniper sees 2011 as a year where we'll see increasing use of Augmented Reality, the first Cloud-Based Operating Systems, Mobile Banking becomes a must, the beginning of the demise of the credit card, the rise of Mobile Lottery Tickets, biometrics coming to mobile and Social Purchasing moving to a whole new level. A must read!
Digital security provider Gemalto
has unveiled the Ezio Thin Reader, a credit card-sized authentication device for online banking, e-commerce, phone banking and other e-banking transactions that prevents the user from having to type their PIN on the vulnerable environment of a workstation keyboard.