UBS backs Car eWallet project that lets vehicles make their own payments

Secure payments ‘on the go’ with blockchain technology from ZF, UBS and IBM — IBM — “Auto manufacturers, technology companies, suppliers and mobility service providers are all driving the development of driverless cars. To support autonomous driving, however, these vehicles require a digital agent that can independently carry out tasks and authorize payments without the owner or user having to be active themselves.”





SIX and Swisscom partner with banks for national mobile payments service

SIX and Swisscom

Switzerland’s financial infrastructure operator SIX and telecommunications provider Swisscom have partnered with a number of banks in the country to establish a nationwide mobile payments service that would enable consumers to make in-store mobile payments at retail locations using either NFC, Bluetooth Low Energy (BLE) or a combination of both, SIX has told NFC World... More


iWatch to sell at US$300?

Apple will sell 21million units of its much anticipated iWatch in fiscal year 2015, at a cost of US$300 per unit, according to a research note by UBS analyst Steven Milunovich, AppleInsider reports... More


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