Financial Services (105)
Money-counting app for the visually impaired
LookTel has created an iPhone app that allows for the visually impaired to know the amount of money that they are holding.
Why it matters
Technology is helping people live a more independent life. Not only is there technology that makes the iPhone accessible to the visually impaired but further applications that focus on these users and improving their day to day lives.
The Russian post office has launched a new financial product for consumers. They can get a microcredit loan (between $100-200 USD) in any post office branch simply by presenting a piece of identification.
O2 together with NatWest are launching a chip and pin card for children as young as 13. While the Load and Go card will not allow any overdrafts, it allows children to shop online at outlets that take Visa and withdraw cash from ATMs. Parents can then receive transaction details.