American technology company IBM and leading financial services corporation Visa collaborated on an innovative project that brings the point of sale (POS) everywhere.
The tech and finance behemoths joined forces in turning automobiles, appliances and all other devices connected to the internet of things into points of sale.
“As the devices begin to get more and more connected the point of sale is everywhere and that is what we are so excited about. The Watson IoT platform will make it really simple for developers to pull the payment application into their devices using the APIs that IBM exposes,” says Avin Arumugan, SVP, Internet of things, Visa.
The Watson IoT cognitive technology platform allows the businesses to communicate to all wearable connected devices everywhere Visa’s payment services are accepted.
“IBM and Visa are bringing together the businesses of the internet of things combined with the technology of the internet of things”, stated IBM’s General Manager, Harriet Green.
Is the Ripple IPO an opportunity or a looming disaster?
Ripple's XRP volume fell by 80% in the last quarter of 2019 from $66.24 million to just over $13 million....
Doopla plans to attract $52 million in investments by 2020
Doopla, a Mexican crowdfunding fintech, became the first platform of its kind to submit its final application to the National...
Why moving fast and breaking things is bad for fintech
“Move fast and break things” may have become Silicon Valley’s unofficial motto, but it’s not a good look for fintech....
Aldi on course for success in the U.S.
Aldi is one of the most popular retailers in Germany. The discounter is also very successful abroad. In all likelihood,...
Northwest African film schools to power home-grown television industry
Film schools such as Esav in Morocco or Esac in Tunisia have begun to offer a program specially dedicated to...
- Featured6 days ago
Could the Coronavirus finally burst the debt bubble?
- Crowdfunding6 days ago
The public plans to build a rehabilitation center for dolphins in Sochi
- Africa5 days ago
Burkina Faso to host event to promote cloud computing
- Cannabis6 days ago
Argentina opens new spaces for testing cannabis oils