Credit Cards
If you went into a store without any cash, cards or mobile devices, would you be able to buy anything? Well, if both you and the store were using the new PayTouch service, the answer would be yes – all that you’d need to do is place two of your fingers on the fingerprint scanners of the PayTouch terminal. Read More
If you watch a handwriting expert authenticate a signature, they will talk about echoes of the process of signing one's name – darker or lighter lines reveal pressure variations, the shape of the loops reveals the shaking of the hand, and the flow of the ink shows if the signature was laid down without hesitation. These echoes of the act of writing make a signature far more revealing than a simple squiggle on paper. Now researchers from the Fraunhofer Institute for Computer Graphics Research (IGD) have created a credit card that contains a thorough description of these signature traits, which can be used for instant authentication. Read More
In a world where “phone” means a pocket computer, it isn’t surprising that credit cards are turning into interactive security devices. This coming January, MasterCard Worldwide will makes its largest deployment of its Display Card, in Singapore. The card looks and acts like a conventional credit, debit or ATM card, but it also has an LCD display and keypad that allows users to access account information and make more secure financial transactions. Read More
DipJar – it's the electronic version of a tip jar
Back in 2008, entrepreneur Ryder Kessler became aware of the fact that when making small purchases using debit or credit cards, a lot of people didn’t bother fishing out cash to leave tips. He proceeded to develop a possible solution to that problem, which is now being tried out in a few New York City coffee shops. It’s called DipJar, and it’s a device that lets customers quickly and easily leave tips with a “dip” of their card. Read More
VITAband is a cash/I.D. combo you wear on your wrist
There’s one thing that everyone should have on their person when they venture off on solo outdoor activities – their I.D. That way, should they end up injured and unable to communicate, first responders will know who they are, and who to contact. While the various cards kept in one’s wallet are a good form of identification, a lot of people don’t want to lug a bulky wallet around in their pocket while doing things like running or rock-climbing. That’s where the VITAband comes in. Not only does the waterproof bracelet provide a link to its wearer’s full Emergency Response Profile, but it also allows them to make cash-free purchases. Read More
Smartphones are in the process of replacing cameras, phonebooks, land lines and maps ... and wallets are next. First announced in May but just launched today, the Google Wallet free app allows its users to store electronic versions of their credit cards on their smartphone, and pay for items simply by tapping their phone on a near field communication (NFC) reader at a store’s front counter. Read More
PlayStation 3 owners in the audience will likely have noticed an inability to connect to the PlayStation Network (PSN) over the past week, though Sony today made an announcement revealing that things are much worse than a week without access to online multiplayer gaming. At some stage between the 17th and 19th of April, a hacker gained access to Sony's systems. Sony believes the hacker was able to retrieve the personal information of 77 million PSN accounts, and say it is possible that credit card details were also retrieved. Read More
Square system lets mobile devices take card payments
There’s no debating that credit and debit cards are convenient, but typically the only places that you can use them are in businesses, or via the phone or internet. In 2009 the co-founder of Twitter, Jack Dorsey, set out to change that. He released a beta version of Square, a system that allowed mobile devices to receive card payments. A small card reader plugged into the device’s headphone port, and an app handled all the 1s and 0s. Two years later, Square is out of its debugging phase and available for general use. Read More
Planon releases credit card-sized scanner for receipts
Keeping track of receipts can be a hassle. The paper itself has a tendency to curl up, it creases very easily, and trying to sort out a sheaf of curly, creased-up receipts is no one’s idea of fun... or at least, the folks at Planon hope it isn’t. They’ve just released the SlimScan SS100, a “credit card-sized” high-resolution color scanner designed specifically for scanning receipts. The device – which was on display at CES – comes with Planon’s PaperPort SE software (for Windows only), which allows users to organize their scanned receipts once they transfer them onto their PC. Read More
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! Read More