Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Wearables and Contactless Technology—for Payment Processing and Much More

The emergence of wearable devices like Google Glass, Apple Watch, and many others—combined with contactless technology such as near field communications—are being combined in new applications for payment processing, banking, and much more. Adopting wearables for contactless transactions will require technology shifts by both merchants and consumers. Using Google Glass as the wearable example, David Meyer demonstrates how users can see their account balance inside Google Glass to make purchase decisions, transmit the purchase authorizations, and transfer funds between their bank accounts. David discusses new security challenges and authentication issues with these technologies. He explores ways to improve adoption rates, including demographics to focus on, security standards to follow, UI limitations, considerations for application design, and API development. Take back a list of requirements for developing useful and compelling applications that combine wearables and contactless technology.

  • Be the first to comment

Wearables and Contactless Technology—for Payment Processing and Much More

  1. 1.   T6 Session   4/16/2015  1:00  PM         "Wearables and Contactless Technology—for Payment Processing and Much More"   Presented by: Shadi Saifan FIS Mobile             Brought  to  you  by:         340  Corporate  Way,  Suite  300,  Orange  Park,  FL  32073   888-­‐268-­‐8770  ·∙  904-­‐278-­‐0524  ·∙  ·∙
  2. 2. Shadi Saifan FIS Mobile Director of engineering at FIS Mobile, Shadi Saifan is leading solution strategy and solution engineering and QA for all FIS Mobile client initiatives. Shadi is a professional technology leader with fifteen years of experience in delivering distributed, mobile, and enterprise solutions—with a focus on architecture, design, and development. With extensive knowledge in mobile technologies and platforms, he has worked with a large number of clients, cross-functional teams, and a network of service providers to implement highly scalable distributed projects for the mobile channel. Shadi previously worked for Deloitte Consulting, IBM Global Services, and Hewlett-Packard in various design and technical roles.  
  3. 3. 4/8/15   1   Next Generation Mobile WEARABLES AND CONTACTLESS TECHNOLOGY David Meyer Director of Product Development, FIS Mobile AGENDA: INNOVATION •  Google Glass •  Beacon •  Apple Watch
  4. 4. 4/8/15   2   Google Glass So easy, even a…  
  5. 5. 4/8/15   3   Glass Interaction Design Paradigms   Layout: Card-Based Timeline Navigation and Action: Voice Recognition Navigation Gestures: Tap and Swipe Category A Category B Category C B. Sub-Menu -1 B. Sub-Menu 0 Application 1
  6. 6. 4/8/15   4   Navigation Gestures: Voice Recognition “OK Glass, {action} {input}” “OK Glass, show me my accounts.” Dismiss Timeline Past Future Tap: Drill Down Same as Tap Navigation Gestures: Tap and Swipe
  7. 7. 4/8/15   5   Application A Application B Application C B. Sub-Menu -1 B. Sub-Menu 0 Application 1 “OK Glass, {action} {input}” (tap) Drill Down Present(swipe forward) Future (swipe back) Past Account 1 Account 3 (tap) Drill Down Present(swipe forward) Future (swipe back) Past “OK Glass, show me my accounts.”
  8. 8. 4/8/15   6   Google discontinued Google Glass Explorer Program on January 19, 2015… with promises that the glass future is coming. Beacons
  9. 9. 4/8/15   7   Three Questions   1. What are beacons? 2. How do they work? 3. Why do they matter? What are beacons?  
  10. 10. 4/8/15   8   Proximity Advertising Indoor Mapping Point of Interest and Museums Home Automation What about GPS??   Longer mobile battery life Allows indoor micro-location Increased precision
  11. 11. 4/8/15   9   Apple is in the driver’s seat: •  All devices 4s and newer •  Third generation iPad and newer •  >200MM devices?   Android is lagging: •  Requires JellyBean 4.3 or newer ≈13% (receiver only)?   Beacons!≈ = iBeacon   iBeacon: Apple Trademark and part of the MFI Program •  Beacons and iBeacon use Bluetooth Low Energy (BLE) - Aka Bluetooth Smart  
  12. 12. 4/8/15   10   HOW DO BEACONS WORK? (1) Bluetooth-LE {rssi, time-interval, battery, temp} (2) Trigger Offline Interaction
  13. 13. 4/8/15   11   Load Campaign Bluetooth-LE {rssi, time-interval, battery, temp} Trigger “Cloud” CMS/ Interaction Service Pre-load App With: *Content *Interaction Instructions
  14. 14. 4/8/15   12   rssi time interval arrival sighting exit used to determine distance or proximity used to determine dwell time triggered first time a mobile device sights beacon triggered for all subsequent beacon interactions triggered when beacon is no longer sighted Registration: beacon owner registers the beacon in order to manage and configure the device Discoverability: developer/beacon owner can make beacon public or private The beacon owner determines beacon discoverability and managed application access
  15. 15. 4/8/15   13   Apple Watch Watch Kit Watch Kit Extension
  16. 16. 4/8/15   14   Innovation in Progress: Available in April?   Relevant Financial Functions Security Non-repudiation Other Contactless Payment   Payment FOB: Magnetic Strip Transmission QR Code BLE