Recent research by analysts showed that there were 82.5 million users of Peer-to-Peer payments in the US in 2018. To make this figure seem even more huge, let’s say that this is almost a third of the US population that uses mobile devices. And in 2022, the number of users of P2P payments should grow to 52%. This rapidly growing popularity is causing many entrepreneurs to consider building their own P2P payment applications. In this article, we will show you how to create your own P2P payment application complying with…
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iPhone 8 may see late release due to fingerprint reader production problems
Cowen and Company of Wall Street reported that the scanner tech is to blame for the smartphone’s delay. Wall Street firm, Cowen and Company, issued note to investors saying the iPhone 8 release will be delayed. It pointed to production issues regarding the fingerprint reader to explain the delay. That same issue has been reported by a number of other Apple followers and media outlets. Fans of Apple products expected the iPhone 8 to launch in September as has been the tradition for the company. This was likely to have…
Read MoreQR code system uses fingerprints and face recognition to secure construction site
A Chinese property developer, Country Garden Holdings, is using the tech for improved digital environment monitoring. A Chinese property developer listed in Hong Kong is using a QR code system enhanced by fingerprint and facial recognition technology to boost security. The digital environment monitoring system was implemented by Country Garden Holdings to improve efficiency and quality at the construction site. The quick response codes and biometric scans have been put into place at the company’s Chashan Mansion site. The project, located in Gongguan, is close to Shenzhen, the heart of…
Read MorePolice use mobile technology to identify people
New gadgets can be used in order to be able to take fingerprint identification from people while in the field. Over the last year and a half, officers from the Napa County Sheriff’s Office have been using mobile technology in the form of fingerprint taking gadgets throughout many parts of the county. This mobile gadget has two different capabilities that can be very convenient to the officers who use them. These two functions for the mobile technology include electronic ticketing as well as fingerprint identification that can occur on the…
Read MoreSamsung will launch mobile payments system using fingerprint security
The technology giant will be rolling out a simple transaction system in South Korea by the end of April. Samsung Group subsidiary, Samsung SDS, which is an IT services firm, has now announced its intention to launch a mobile payments system in South Korea that uses fingerprint scanning technology. While the smartphone payments system will get started in South Korea, it will be expanding in the future. Samsung’s plans appear to be to initially launch the mobile payments service within its own home country, but to then move on to…
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