It has been a busy few months for IoT and in-car payments. IBM and Visa sealed a partnership to connect 20 billion devices by 2022, while Jaguar and Shell showcased fuel payments tech in the U.K.. Honda and (again) Visa had their take on in-car payments at CES 2017 lastRead More
Post Tagged with: "IOT"
Behold, the rise of IoT—plus, the rise of the cashless economy? Visa, the payment processor responsible for over half of the world’s electronic transactions, will be integrating its credit card tokenization technology with Watson’s Internet of Things network. Watson is the crown jewel of IBM’s work in artificial intelligence, forRead More
Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Arumugam was at JPMorgan Chase for four years prior to his starting at Visa in May 2016. (Recent video footage alsoRead More
A new report says artificial intelligence and IoT are going to transform fintech before blockchain, which still has some growing up to do. The rise of AI and the Internet of Things (IoT) is happening rapidly—and according to a Forrester Research report released earlier this month, these are the two technologies thatRead More
The Internet of Things — the network of internet-connected devices that might include your alarm clock, thermostat, and refrigerator– is growing, and that carries important implications for fintech and beyond. On Twitter, the hashtag #IoT has reached over 3.3 million users in the past several hours, with around 387 retweets and counting, whichRead More
Your morning runs are about to get way more “connected.” Fitbit, a popular provider of wearable technology, announced today that it has acquired mobile payment technology from Silicon Valley startup Coin. Terms were not disclosed. The company said: The deal includes key personnel and intellectual property specific to Coin’s wearablesRead More
The vision of a refrigerator — and internet of things — that can facilitate home shopping has been realized. MasterCard several days ago quietly released its iOS app to support a partnership with Samsung it announced last January. The new Groceries by MasterCard app connects to Samsung’s Family Hub Refrigerator for “standingRead More