Smartwatches will be used to access banking apps 10m times in 2017, rising to more than 100m times by 2020, Juniper Research predicts. “While wearables, including smartwatches and glasses, are not suited for conducting complicated financial instructions, wrist-based wearables will become a key device for multi-factor authentication,” the company says.
- Australian banks set to abandon Apple Pay boycott
- Tappy Christmas! Save the Children raises money with contactless jumpers
- Bayern Munich adds NFC ticketing for Apple users at Allianz Arena
- Barclays lets customers use their mobile banking app to restrict the type of stores their card can be used in
- Guess unveils fashion watches with contactless payment bands