Financial Services (105)
Vein authentication is only commonly used in high security areas – now Hitachi and Coca Cola plan to introduce this technology for the use of consumers as well. People will be able to pay for their drinks at vending machines with nothing but their fingertip, with the amount of money being withdrawn automatically from their bank account.
Why it matters
The individual human body is becoming a digitally readable medium. Perhaps payment by finger is an extreme but isn’t it just another example of the move towards a cashless/cardless society?
“Mutuo Risparmio” is a flexible rate home loan which allows you to decrease your rate if you save money into your bank account: the more you save, the more it decreases.
The Gitanjali Group has set up a vending machine in an Indian luxury shopping mall that dispenses jewelry made from gold and diamonds. The products are sold at a retail price ranging between $US200 – 600.