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.
Mobile payment users are expected to hit 2 billion worldwide by 2020, according to Juniper Research, and there’s no question that artificial intelligence will change mobile payments and has the potential to greatly disrupt the banking industry. Mobile payment applications are sought after for the ease and efficiency they add to the user experience. While artificial intelligence…