Tag Archives: smartphones

Use Your Smartphone to Pay for Train Rides

Smartphones could soon be used instead of rail tickets if an experiment by Chiltern Railways is successful. The rail network wants to pilot a ticketing system that scans people’s phones to detect when they get on and off a train. Each journey’s fare is calculated and deducted from the user’s bank account. The tests are scheduled for 2017 and the

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Study Shows Affluent Consumers Willing to Buy Cars on Their Smartphones

Consumers would be just as willing to buy a car on their smartphone as they would buy a new bag of cat food or a pair of shoes. Whether it’s $20 or $20,000, consumers are turning increasingly to their mobile devices to complete their transactions. Looking to avoid car salesmen at all costs? You might consider turning to your smartphone instead. At least,

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Of Vietnamese Banks, Fintech & the Internet of Things

Tran Nhat Minh, deputy CEO of VIB Bank, said that more businesses are taking full advantage of the Internet of Things (IoT) providing products and services online, Vietnamese Banks will have to be ready to compete with rival bankers,  Tech Companies and Fintech start-ups. Apple has jumped into the payment service field with Apple Pay, while Alibaba has opened Mybank with

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