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Ready-To-Wear The Future

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Category: Financial Services

Wearables are impacting how we connect to and manage our money, especially in a cashless world. According to a piece by Aman Narain, global head of banking at Standard Chartered, banks should be excited about the opportunity to provide new experiences for their customers through wearable technology, once security standards are met. “We’re about to hit another massive shift in technology – a shift that will give rise to new companies, and kill or cripple those, including banks, that fail to adapt. If you don’t believe me ask anyone who used to work in a bookshop or in the record industry,” he says. “Any day now, customers may want to wear their bank. As banks, can we count on ourselves to fashion this change?”

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Oscar + Misfit

July 22, 2015July 22, 2015 Joanna Peña-Bickley

Incentivizing 
Healthy Behavior Oscar: Health insurance startup Oscar is connecting the usefulness of wearables for payments and money management with a rewards-based tie-in. They are paying customers $1 per day, up to $240 annually when they hit their step-goal target … Continue reading Oscar + Misfit

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PayPal

July 20, 2015 Joanna Peña-Bickley

Payment On Tap PayPal: The online payment giant has joined the wearable bandwagon with an app for Samsung’s Gear 2 and Gear Fit smart watch devices that lets shoppers pay directly from their wrist. The watch uses 3G connectivity and … Continue reading PayPal

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Fidelity Investments + Google Glass

July 20, 2015July 20, 2015 Joanna Peña-Bickley

Enhanced Banking in the Works Smart Banking: Google Glass may be back on the drawing board but the technological gadget launched a range of applications that would enhance banking. Spanish Banco Sabadell is working to integrate customer options such as … Continue reading Fidelity Investments + Google Glass

Authors & Contributors

  • Alexis Sinclair
  • blukasik
  • Joanna Peña-Bickley
  • kiehner2

Events

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The Conference 2015

Empowered by Wearable TechAugust 18, 2015
Watch Live : http://2015.theconference.se/
The postings on this site are my own and don't necessarily represent IBM's positions, strategies or opinions.
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