Apple Watches Open Banking Selfie IDs Top This Week’s News

Apple Watches, Open Banking, Selfie IDs Top This Week’s News

June 18, 2021 at 05:53PM

In this week’s news, we saw a report on future enhancements to the Apple Watch. Also, new insights have emerged on open banking and Selfie IDs. The Weekender is here to catch you up.


Future Apple Watches Could Monitor Body Temp, Blood Sugar

Apple is reportedly working on future improvements to the Apple Watch such as sensors to keep watch over body temperature and blood sugar.

Visa Brings Tap To Phone Pilot To US

Visa’s Tap to Phone mobile point of sale offering officially came to retailers in the United States this week.

SHEIN Shoves Amazon Out Of The Top Spot For eCommerce Apps

PYMNTS’ newest Provider Ranking of Shopping Apps shows that as of May, fast-fashion app SHEIN is in the No. 1 spot, while Amazon is at No. 2.

Amazon’s ‘Just Walk Out’ Cashierless Tech Goes Big With New Grocery Store

Amazon revealed its inaugural full-size Amazon Fresh supermarket with the firm’s “Just Walk Out” cashierless checkout technology.

Uber Eats’ Walgreens Partnership Signals Ambitions Beyond Eats

Walgreens announced this week that consumers can order Walgreens goods on-demand via Uber Eats at 7,800 stores throughout the country.

Trackers And Reports

New Report: 53 Pct Of Upper-Income Americans Live Paycheck-To-Paycheck

Fifty-four percent of consumers in the United States currently live paycheck to paycheck, including 53 percent of consumers who earn between $50,000 and $100,000 annually.

NEW REPORT: Open Banking Accelerates EU Merchants New eCommerce Plans

Retailers and shoppers around the world are adopting open banking technologies as the go-to choice for frictionless payments in eCommerce.

New Report: Selfie IDs Check The Digital Security Box For 76 Pct Of Millennials

Providing selfie-based identity verification can bolster the trust and loyalty consumers have in their account provider. This is the case for 83 percent of bridge millennials and 84 percent of millennials.

New Report: Why Two-Thirds Of Digital Banking Customers Abandon Sign-Up

Enrollment sets the tone for the digital relationship between financial institutions (FIs) and their clients, and nothing is more off-putting to these clients than slow processes loaded with redundant entry information and lengthy authentication measures.

Fun, Cool And Otherwise Interesting

From FinTechs To Fidelity, 13 Is The New 18 When It Comes To Investment Advice

Fidelity came to market with a new offering designed for hyper-young consumers (13 and up) named the Fidelity Youth Account.

Bidding For The ‘Big Bang’ Of The Internet — And, Perhaps, NFTs’ Future

Sotheby’s will have an auction later in July that will showcase the World Wide Web NFT – the initial code for the first web browser.

Amazon Takes Battle To Thwart Fake Reviews To Social Media Peers, Regulators

Amazon is seeking to have social media firms and consumer protection watchdogs to safeguard unwitting buyers and well-intentioned sellers from an increasing spate of fraudulent activity.

Digital Health Passports Seen Rising As Walmart Joins Growing List Of Providers

Walmart is hardly along in the digital health passport game. However, it happens to be the largest and maybe the strongest firm that’s providing one – so far.

Google’s ‘Anti-Apple’ Store Is Open For Business In New York

Google officially opened its first brick-and-mortar store in Manhattan this week. The store’s designer said per a published report that the shopping spot was designed to provide consumers with an “anti-Apple” experience.