Financial Services (105)
New level of service
Rostelecom launched new payment and information service machines in Russia. They are meant to help people obtain information about taxes, fees, public services, government regulation as well as provide immediate payments. The device will also be used as advertising space.
Why it matters
As people increasingly withdraw from traditional advertising methods, could the digital space provide a solution?
In Japan, the Ogaki Kyoritsu Bank will offer card free ATM machines. Using only your pin code and your birthdate, the ATM will scan the palm of your hand to verify your identity. The bank offers this service to make sure you can always withdraw money, whether you forgot your wallet, you lost your card or you’ve been caught in a natural disaster.
The US bank Citibank has developed a smartphone app which enables clients to block their credit card with their smartphone in case of loss. They can also unblock their card if it turns out not to be lost.