How Digital Identities Might Soon Change the Way People Shop

Proving your identity is typically done in just a few ways: with a license, a passport or a social security number. This may soon change with the introduction of digital IDs.

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Biometrics in Payments 101: What Can Retailers Expect to See?

How are biometrics being used in payments? This is a question that’s starting to come up as the technology gains traction in the industry - and for good reason. Biometrics may soon change the way people pay online and in-store.

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Four Ways Technology Has Changed Traditional Payments

When we think about payments, experiences have changed significantly over the last 50 years. Technology advancements, the need for convenience, security and regulations have all played a part in causing significant shift in the way we pay for goods and services. Historically, only cash was used for most purchases. Checks became a viable option for bigger purchases as it allowed people to carry reduced amounts of cash. Next, came the plastic credit and debit cards where just one swipe changed everything and enabled our wallets to be smaller but our purchasing power to be bigger.

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Smart Cities May Be the Solution to Sustaining Rapid Urbanization – Especially in Transit

If history has shown us anything, it’s that the overwhelming world trend is toward urbanization. In 1950, there were only 85 cities with over one million people. By 2000, there were 387 cities with over one million people. By 2050, the U.N. expects that 68 percent of the world’s population will live in urban cities.

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Four Factors to Consider When Upgrading your Payment Technology

Over the past decade, consumers have changed the way they shop. Some are shopping using online platforms, and others shop on their mobile devices. But, safe to say, almost all of them are still visiting brick-and-mortar stores, and they expect an experience on par with the advanced technology available on all other channels.

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