iMingle Insurance, an online insurance market, has unveiled plans for a new instant payment initiative powered by QR codes. The insurer, whose entire operation is based on the Internet, aims to align their payment options with the rest of their business model. Using the codes, customers can pay their bills from anywhere, making transactions quick and easy. The service is specifically designed for those who are steeped in mobile technology. The codes will be stamped on the paper bills that customers receive in the mail. Scanning the code brings customers…
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NFC technology adds requirement for virtual credentials for identity management
As near field communications (NFC) technology comes into the forefront of smartphone use, never-before seen issues regarding virtual credentials have become a serious issue in preparation for the common use of the devices as mobile wallets. NFC is a form of wireless communication technology that allows data to be exchanged over a very short distance between two devices. This is one of the leading platforms being developed for holding a virtual wallet that contains an individual’s identification, bank or credit card data, and other data that can allow him or…
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