Telegraph: “PayPal is working on a new generation of embeddable, injectable and ingestible devices that could replace passwords as a means of identification. Jonathan LeBlanc, PayPal’s global head of developer evangelism, claims that these devices could include brain implants, wafer-thin silicon chips that can be embedded into the skin, and ingestible devices with batteries that are powered by stomach acid.” 89 more words
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A new survey from 451 Research finds Apple Pay gaining momentum in the mobile payments space, primarily at the expense of PayPal.
“Our latest survey shows planned use of Apple Pay has been on an upward trajectory since it became available six months ago – with the service helping to spark consumer demand for mobile payment technologies,” said Andy Golub, Survey Research Director for 451 Research, in a statement. 249 more words
New technology will have to fit inside ‘cultural norms’ to be accepted
Paypal’s ‘Global Head of Developer Evangelism’ Jonathan LeBlanc is pushing implantable brain chips as a replacement for passwords, but insists that such technology must be made to fit inside “cultural norms” before it is accepted by the general public. 548 more words