Will you wear a Facebook smartwatch next summer?

Facebook smartwatch - person wearing smartwatch

The social network’s first wrist-worn gadget will reportedly launch midway through 2022. A Facebook smartwatch is slated to roll out in the summer of 2022, according to a recent report published on The Verge. This is not the first report that the company was working on the wearable tech, but it did add a timeline. Media reports in February had already hinted that at Facebook smartwatch was in the works and that over $1 billion had already been spent on the project. That said, this new report has added details…

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Tappy adds finger-scanning mobile payments to watch bands

Finger-scanning mobile payments - Women wearing watch

A new battery-less biometric payment authentication system can turn a watch band into a credit or debit card. Tappy Technologies, a Hong Kong-based company, has developed a finger-scanning mobile payments authentication system that is small enough to fit inside a watch band. The system turns the watch band into a secure credit card or debit card, providing wearers with a convenient, battery-free, contactless payment solution. Tappy’s solution gives banks an alternative to sharing transaction fees with bigger tech companies. More and more consumers are becoming comfortable with using their smartwatches…

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Samsung HSBC wearable technology rolls out at the bank’s flagship branch

HSBC Wearable Technology - Samsung Galaxy Watch Official YouTube

The bank and consumer electronics giant are equipping bank employees with smartwatches. New HSBC wearable technology by Samsung is rolling out at the bank’s flagship branch. The bank’s employees are being equipped with a customized version of the Samsung Gear S3 smartwatch. As one of the world’s leading financial services institutions, this could hint at the future for banks. The HSBC wearable technology strategy was unveiled as the Money20/20 event was underway in Las Vegas. HSBC Bank USA N.A. – an HSBC Group arm – made the announcement along with…

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Qualcomm unveils new Snapdragon Wear 3100 for Google smartwatches

Snapdragon Wear 3100 - Image of Smartwatch on wrist

Google’s smartwatch platform is about to get a notable upgrade. After teasing its new platform at Google’s developer conference back in May, Qualcomm has finally announced the Snapdragon Wear 3100, its new next generation smartwatch chip platform for Google Wear OS smartwatches, reported CNET. So far, the most talked about feature of the new chips are improved battery life. One of the most talked about features of the new Snapdragon Wear 3100 chip is its ultra-low power system that extends battery life. “With the Snapdragon Wear 3100 Platform, we envisioned…

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Wearable technology growth expected to keep slowing throughout 2018

Apple Watch smartwatch Close-up Details wearable technology growth

Despite all the hype and the massive investments by tech giants, wearables just aren’t taking with consumers. Wearable technology growth had been expected to continue seeing striking increases for many years to come. That said, despite the best efforts of tech giants, this has not been the case. Growth slowed down this year and is expected to continue dropping into next year as well. eMarketer, the market research firm, has reported that wearable technology growth is slowing in a significant way. In fact, within the next year, eMarketer predicts this…

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