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.
According to the Sharia (Islamic law), interest-based financial affairs and speculations are generally not allowed for Muslims. In Germany, home to approximately 4.3 million Muslims, Istanbul-based banking house KuveytTürk will now offer a range of 'halal' (approved by the Sharia) finance products.
Will the wallet of the future look like this? Softbank Mobile has developed an iPhone case that enables digital payment. The case allows wireless, autonomous data transfers over short distances, so that monetary transactions are made possible by simply laying two iPhones on top of or right beside each other.