If the term Fourth Industrial Revolution doesn’t resonate with you — then you might already be behind. Industry 4.0 has been in motion, slowly building on the revolution that came before it. Where the Third Industrial Revolution sparked the digital revolution, utilizing digital technologies to advance automation, the Fourth Industrial Revolution is fusing new technologies that…
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If you’re planning on visiting the cashless society of China anytime soon, you better make sure all of your physical currency is left behind. Wallets in most of the country have gone digital, and the rapid growth of digital payments and currency is exploding at a rapid pace. The country has harnessed the power of…
Did you know that by 2020 it is estimated that 40 billion smart devices will be connected to each other. And were not just talking about mobile phones. Any smart product – from your home thermostat and appliances to your car and wearable devices – that can connect and exchange data in the network is called the internet of things (IoT), and these things will need a network.
When it comes to mobile payments, there’s no denying its rapid growth and overall power on our businesses. From mobile payments to digital wallets and contactless payments harnessing NFC technology, the mobile payment industry is constantly evolving. Adapting to these new technologies is not only valuable to your business — it is crucial. Today’s consumers…
Paying for items using your mobile device is not uncommon, but paying with a selfie, fingerprint or iris scan is. Biometric mobile payments may seem like a scene from a Sci-Fi movie but biometric payments are real and may very well be the next disruptive technology in the mobile payments industry.