How wearables will shape the future of mobile payments

The number of wearables in the market is accelerating and financial service companies think of using them to draw and retain customers. The technology can be used as a new medium to collect consumer usage data. This will help in understanding how consumers interact with money on a daily basis. Companies can then provide a more personal experience based on the usage.
However, there won’t be a one-fit solution to this type of services, as consumers will likely have multiple devices. The technology of this kind is very immature today, but we will see a highly contextual and relevant solution in the near future.Read More >>

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