News about Wearables.
October 2nd, 2015
The UK start-up that developed the NFC Ring in 2013 has begun raising funds on Kickstarter for its second generation device. “The 2016 NFC Ring boasts significant improvements,” the company says. “Most notable among these are improved operating range, improved storage size and a more refined user experience.” It is also in “active discussions” to add payment functionality.
October 1st, 2015
Apple has developed a concept NFC ring that would allow a wearer to make payments, transfer information to others with a handshake and access secure documents on a shared device with a tap of their…
September 29th, 2015
Visa has shown off a proof of concept NFC wristband in San Francisco, demonstrating how it could be used for making payments at the Rio 2016 Olympics next year. “Olympic hopefuls attending the Team Visa Summit learned to use new payment technologies that are expected to be implemented at the Rio 2016 Olympic Games including Visa Checkout and Samsung Pay,” Visa says. “We can’t yet confirm what kind of wearable payment devices we may have in Rio,” the company told NFC World.
September 28th, 2015
Shenzhen-based wearable device maker FiiSmart has launched a campaign on ecommerce giant Alibaba’s Taobao Crowdfunding website for a smartwatch that will support Ant Financial’s mobile payment platform Alipay and allow its wearers to make payments…
September 3rd, 2015
Samsung’s fashion division is to showcase a smart suit equipped with an NFC chip in its sleeve at IFA 2015 in Berlin, Germany. The item from Samsung C&T Fashion Group will be one of four on show over the next week as the company unveils its platform brand for wearables which aims to integrate fashion design and technology.
September 3rd, 2015
Electrical engineers at the University of California San Diego have demonstrated a new wireless communication technique that works by sending magnetic signals through the human body.
September 2nd, 2015
Scottish knitwear brand Lyle & Scott has begun selling a contactless jacket that comes equipped with Barclaycard bPay technology to enable the wearer to make payments with a tap of the cuff at any contactless…
September 1st, 2015
Commuters in Singapore are testing a contactless wristband to pay for public transport services and for goods at retailers equipped with contactless readers. The trial, involving 200 customers using a Sony SG50 SmartBand, is being conducted…
September 1st, 2015
Sony is crowdfunding a new smartwatch called Wena Wrist that is equipped with NFC payments compatible with the Japanese Felica standard. If the campaign is successful, two different models of the smartwatch will be available in both silver and black.
September 1st, 2015
Samsung has unveiled the Samsung Gear S2, its latest smartwatch which includes NFC for payments. “Samsung is working to expand the usability of wearables,” the company says, “including smart car keys, residential room keys and remote controls to manage a connected home.” The Gear S2 and Gear S2 Classic will be showcased at Tempodrum, Berlin this week.
August 28th, 2015
More than a quarter of UK consumers (27%) think they will be making payments using wearable devices including watches and wristbands within 10 years, 22% think they will be regularly using their fingerprint to make…
August 27th, 2015
Google is notifying developers of an impending Project Soli Alpha DevKit and is asking those notified to fill out an application for the chance to receive one, Android Police reports. “Google notes the DevKits are very limited, stating there are only ‘a few dozen’ to go around,” it says. Project Soli was unveiled at I/O in June and will work to bring hand-gesture technology to wearables.
August 26th, 2015
More than 620m mobile banking apps that support biometrics for customer authentication and transaction verification will be downloaded by 2020, research from Goode Intelligence predicts. “Additionally, almost 160m wearable devices will be benefiting from seamless biometric authentication for accessing banking services on a variety of wearables, including smartwatches and bands,” the company says.
August 13th, 2015
More than 100 TD Bank customers in Toronto, Canada are to begin piloting an NFC version of Nymi, a biometrically authenticated wristband that uses the wearer’s unique cardiac rhythm to verify their identity. RBC Royal…
August 6th, 2015
PARTNER NEWS: Visitors to France’s largest music festival Vieilles Charrues had the opportunity to pay for refreshments during the event using an NFC payment system developed by ticketing solutions provider Weezevent that incorporated NFC wristbands supplied by RapidNFC.
August 4th, 2015
MasterCard has approved a solution that enables payment credentials to be provisioned to wearable devices with a secure element and NFC antenna. The move could give consumers the option of buying any wearable from a…
July 31st, 2015
A second version of Google Glass is in the works and will be “released soon”, according to the CEO of Italian eyewear maker Luxottica. “The partnership to build Glass is going ahead, said Massimo Vian, speaking at the company’s general meeting in Milan,” WSJ reports. Google stopped selling the first version of Glass and shut its Explorer program earlier this year.
July 27th, 2015
Payments made using wearable devices such as smart watches, fitness trackers and wristbands will grow from US$3.1bn in 2015 to $501.1bn worldwide by 2020, research from market intelligence firm Tractica finds. “By that time, wearable payments will represent approximately 20% of the total mobile proximity transaction volume and about 1% of total cashless transactions in retail,” the firm adds.
July 10th, 2015
Customers of Russia’s Alfa-Bank can now use a contactless-enabled watch designed and supplied by Austrian company Watch2Pay to make payments with a tap of their wrist wherever MasterCard PayPass is accepted. “AlfaPay wristwatch is a…
July 9th, 2015
PARTNER NEWS: Digital security company Gemalto is supplying wristbands carrying an embedded Optelio Contactless Minitag and a fitness tracker across the transportation network in Wuhan — one of the most populous cities in central China — to…