Financial Services (105)
İş Bank has introduced biological identity point of sale machines. İş bank credit card customers can now shop without entering their personal identification number. They simply need to touch a pos machine with their fingertip to shop easily and safely. It’s the first application of it’s kind all over the world.
Why it matters
With so many passwords and numbers to remember in our everyday lives, is the convenience and personal touch of biometrics a realistic alternative?
The financial service institution Paylife and the Austrian magazine “Woman” together have launched a “Woman credit card” which gives credit in a number of fashionable stores.
The online bank Monabanq has created a team-buying mechanic to increase the rate on its saving accounts. The more people who are subscribing to the offer, the greater the rate becomes. For it to equal 6%, at least 2, 000 people had to subscribe before February 11th 2010. A meter displayed on the website was showing live the progress of the rate.