News about Wearables.
May 15th, 2015
The global biometrics market will increase from US$2bn in 2015 to $14.9bn by 2024, with cumulative revenue for the 10-year period reaching $67.8bn, market intelligence firm Tractica forecasts. “Biometric modalities that are likely to generate the most revenue include fingerprint, iris image and voice recognition,” the company says. “Key use cases include consumer device authentication, mobile banking, ATMs, government IT systems, POS transactions, pharmacy dispensing and wearable device authentication.”
May 6th, 2015
Supporters of Saracens rugby union club have been given prepaid contactless wristbands that let them pay for food and drink with a tap at the club’s Allianz Park stadium in north London, as well make payments outside…
May 6th, 2015
Barclaycard is to shut down its first generation bPay prepaid contactless wristband at the end of the month and will launch “a newly designed wristband that’s lighter, slimmer and comes in a choice of colours… in a couple of months”….
May 1st, 2015
Chinese internet giant Tencent has released a mobile operating system that is set to include mobile payments functionality. TencentOS is designed for wearables, smartphones and other connected devices, and is part of TOS+, the company’s “intelligent hardware open platform strategy”. “The Shenzhen-based company will work with partners to integrate the software into devices including smart glasses,” Bloomberg reports.
April 30th, 2015
Samsung managing director Park Jin-young hinted during the company’s first quarter earnings call that the forthcoming Samsung Pay system may also work with its smartwatches. The mobile payments service is expected to launch in the US and Korea “in the latter half of the year” with the roll-out schedule for other territories still under discussion, reports WhowiredKorea.
April 17th, 2015
Wearable device maker Jawbone has unveiled a fitness tracking wristband that can be linked to the wearer’s American Express card account and used to make NFC payments. US card members with an Up4 tracker “will…
April 15th, 2015
April 15th, 2015
Luxury watchmaker Kairos is to add NFC payments to its hybrid “mechanical smartwatches” and smart wristbands using a host card emulation-based wearable payments solution from German payments technology provider Wirecard. Wirecard’s solution, launched earlier this…
April 10th, 2015
Barclays has unveiled an Apple Watch app which will let customers check their current account balance when the watch goes on sale in the UK on April 24. Customers will be able to check the balance of up to five accounts linked to the Barclays Mobile Banking app, which the user can swipe through to view. “The extension of our popular mobile app on Apple Watch will allow customers to keep track of their money wherever they are,” said Matt Hammerstein, head of customer and client experience at Barclays.
March 20th, 2015
Italian jewellery brand Bulgari will enter the luxury smartwatch market next year when it launches the NFC-enabled Diagono Magnesium watch – allowing users to make contactless payments, access personal data, as well as unlocking doors…
March 13th, 2015
Swatch will launch its first watch containing an NFC chip within two months, CEO Nick Hayek has announced — and deals signed with China UnionPay as well as one other payments network mean that owners…
March 12th, 2015
Customers at a Carrefour hypermarket in Paris are now able to use their smartwatch to access their digital shopping list, tick off items as they go and receive loyalty points when they check out. The…
March 5th, 2015
Australian mobile network Optus has shown off a prototype watch that can be used to make contactless payments as an extension of its Cash by Optus prepaid NFC payment app. “Payments can be made using only…
March 4th, 2015
Watch maker Pebble has smashed through a US$500,000 crowdfunding target, raising nearly $16m in a matter of days to produce its new Pebble Time smart watch with a colour display. The device will connect to Smart Straps, interchangeable wristbands that can contain electronics and sensors that interface directly with apps running on the watch. “Now everything is possible — GPS, heart rate monitor, NFC, battery extension, you name it!” says the company.
March 2nd, 2015
PARTNER NEWS: Chip maker NXP has produced a new tool to help developers quickly build apps that utilise the embedded secure element in the company’s PN66T NFC module. The Secure Service Development Platform (SSDP) allows…
February 26th, 2015
PARTNER NEWS: The technology used to boost the NFC signal in Apple’s iPhone 6 and 6 Plus is now being made available for easy use by a wide range of wearable device and mobile phone…
February 16th, 2015
A bracelet that combines an e-ink display with NFC to let the wearer change its design by simply selecting an image on a mobile app and tapping their smartphone against the bracelet has beaten its…
February 6th, 2015
Swiss watchmaker Swatch Group is to launch a smartwatch that includes NFC and mobile payments capabilities and works with both Android and Windows phones, CEO Nick Hayek has told Bloomberg. “Swatch is in talks with retailers on its payment system, Hayek said, without naming them. The device will enter the market in two to three months.” Last month, Swiss supermarket chain Migros was reported to be working on a mobile payments service that would work in its own locations as well as other stores.
January 27th, 2015
The HCE wristband unveiled by technology provider Wirecard earlier this month is to be offered on a white label basis, Joern Leogrande, the company’s EVP of mobile services, has told NFC World+. “Our payment wearable…
January 23rd, 2015
Wearable technology company Ringly has raised US$5.1m in Series A funding to produce a range of connected jewellery that links to a smartphone, and alerts the wearer with a variety of customizable notifications by lighting up and vibrating. “This year, we’ll be expanding our collection, adding new features and introducing partnerships with fashion brands and designers to create a wider variety of new designs,” says Ringly’s Christina Mercando.