Iot

IoT and advances in countries like Sweden and China show cash can become obsolete, says Computop's Ralf Gladis.

Two of the largest U.S. fueling station chains are adopting technology that separates the act of pumping gas from the transaction — and in the process, enabling that the purchase of fuel to become a gateway to in-car shopping.

The move to dump passwords in favor of more flexible authentication will likely happen in clusters, with schools providing many of the factors necessary.

One banking-related highlight of the show was an announcement from HSBC and Google of a real-time conversation translator for Google’s nest hub.

After getting a reprieve from a 2017 deadline, gas stations now have less than a year to upgrade to EMV security at the pump — and the card brands aren't showing signs that they will be willing to postpone this mandate another time.

Digital banking will become less visible because it will be embedded in other daily activities with the help of AI, voice interfaces and other emerging technologies.

So far this year, Lloyds and Clydesdale and Yorkshire Banks have had payment failures in the U.K. And in the U.S., a software glitch at parking technology vendor Parkeon halted digital payments at meters in New York and other cities.

The annual Consumer Electronics Show, taking place in Las Vegas, is a showcase of bizarre and revolutionary new technologies — with a few providing glimpses into the future of fintech and payments.

Amazon is starting the new year with a major payment technology deployment at more than 11,500 gas stations, providing the e-commerce giant with an added leg to its rapidly expanding payments network ranging from checkout-free stores to Whole Foods to its own planned grocery chain.

Nok Nok Labs and Apple are separately trying to improve authentication techniques as smartwatch payment options stack up.