Cashless Society

IBM Reveals Five Innovations that Will Change Our Lives Over the Next Five Years

Unveiled today, the second annual "IBM Next Five in Five" is a list of innovations that have the potential to change the way people work, live and play over the next five years. The list is based on market and societal trends expected to transform our lives, as well as emerging technologies from IBM’s Labs around the world that could make these innovations possible. In the next five years, our lives will change through technology innovations in the following ways:

McDonald's Uses RFID For M-Commerce...Or Is It McCommerce?

McDonalds is experimenting with the ultimate line-buster in South Korea, where customers purchase food on their cell phones, which then ring when the order is ready. But this trial is much more an RFID effort than a traditional mobile experiment. Most of the phone's communications capabilities and its display are barely used, with customers having to download a McDonalds application into their phone.

High School Uses High-Tech RFID Cashless Checkout

Like many schools, Howell High and the Howell campus of Lansing Community College have a room set aside where students can buy pop, chips and candy. But this one is different. There's no checkout clerk. Every item in the store has an electronic device on it called a Radio Frequency Identification tag, or RFID.

The RFID Guardian: a firewall for your tags

Don't carry RFID? You might be surprised; the short-range ID technology is currently found in everything from US passports to swipeless credit cards to public transit passes to World Cup tickets to car keys to the building access pass for your office building. A few of the digerati even elect to have RFID implants from VeriChip slipped beneath their skin in order to use them as cashless payment systems.

MobiBucks: The Future of Contactless Mobile Payments

/PRNewswire/ -- MonVia, a specialty firm that helps accelerate the growth of early stage start-ups, today announced the launch of MobiBucks, a mobile payment solution. With just a cell phone number and four-digit Personal Identification Number (PIN), consumers can now easily make free and secure cashless transactions on everyday purchases through MobiBucks.

Cellphones become mobile banks


ORLANDO, Fla. – The technology that may change how America shops looks like a sticker decorated with a swirly logo.

It is a paper-thin transmitter that lets your phone talk to cash registers, subway turnstiles and movie posters – just some of the ways cellphones will become mobile banks if Americans embrace technology demonstrated at the CTIA Wireless 2007 trade show in Orlando.

Cashless society by 2012, says Visa chief

Paying for goods with notes and coins could be consigned to history within five years, according to the chief executive of Visa Europe.

Peter Ayliffe said that, by 2012, using credit and debit cards should be cheaper and more convenient than cash.

Preparing The Youth For A Cashless Society


If the next step toward a cashless society is vending machines that accept debit or credit cards, Northeastern Wisconsin residents must wait a bit.

"It's something that's going to be here in the future," said Sue Salewski, operations manager for Ashwaubenon-based Be's Coffee and Vending Service.

"We're ready for it," she said, noting that current machines can be retrofitted to accept credit or debit cards. "We're just waiting for interest from our customers," she said.

Fingerprinting lunch-line kids draws criticism

 

A Williams Elementary-Middle School newsletter has raised student privacy concerns with at least one Williams resident and attracted the attention of the American Civil Liberties Union of Arizona.

The November 2006 edition of the newsletter contained an announcement under "Cafeteria News" that the school would soon begin using fingerprint scanning technology to identify students in the school lunch line.

UK School Using Biometric Device, Palm Vein-based Biometric ID Solution

Yarg Biometrics Ltd, and Fujitsu Europe Limited announced their plans to work together to develop a pioneering biometric identification system for schools, based on palm vein authentication technology known as PalmSecure™ from Fujitsu. Yarg and Fujitsu have implemented the technology at Todholm Primary School in Paisley, Scotland.

The palm vein-based biometric authentication system, the first of its kind in Europe, is an exciting new way to pay for school meals.

This project is part of the Scottish Executive’s “Hungry for Success” initiative to promote the health and social wellbeing of children in Scotland, with a focus on school meals.

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