FGadgets » Financial Gadgets

Digital Wallet Allows Easy Money Transactions In Real-Time

admin — Thu, 01 Jul 2010 19:48:51 +0000

Plastic money may allow fast and safe transaction, but it creates a problem when connections are bad or non-existent, as plastic cards do not contain money themselves. As we have entered the digital era, we need some reliable and easily accessible alternate to ensure safe and speedy business deals. Providing a solution, Swedish designer Fredrik Palmblad has come up with a digital device dubbed the “Digital Wallet” that holds money itself, ensuring safe and quick money transaction anytime, anywhere. The users need to connect two devices to transfer the digital money from one account to another. As soon as you place your thumb on top of the outer ring, the device selects the amount to transfer it to the other device by simply pressing the screen. The LED-stripe lights up the amount to confirm the successful transfer. The Digital Wallet provides a secure and simple way to accomplish personal transactions in real-time.

Designer: Fredrik Palmblad
Source: The Design Blog .org

All-in-One Credit Card Option

admin — Thu, 06 May 2010 16:18:53 +0000

Quite a few of us use multiple credit cards and every time one card expires, its plastic adds to the trash. So do the numerous receipts that we accumulate after swiping our CC. The fundamental of the One Card Electronic Card is quite simple; it wants to eliminate the trash (and resolve issues like identity theft via discarded expired CCs) by proposing to be this all-credit-cards-in-one device. On one end of the gadget is a Memory Card Slot that will help the user upload their various CC Details.

The other end has a turning-knob that allows one to choose the appropriate Credit Card to be swiped. The display on the device reflects an identical copy of the CC front, while the strip on the back mimics a CC’s magnetic strip. Once the transaction is completed, the receipt generated is displayed on the device (no paper receipt) and the info gets stored on the memory card.

The concept is pretty clear in what it wants to achieve, namely combine all cards that a person uses under one umbrella, reduce generation of paper/plastic trash, identity security etc. The only block is the compatibility with various banks and the willingness of people to rely on a gadget for daily CC transactions. Yes, we do use online, virtual services, but something like this is quite different.

Source: Yankodesign.com
Designer: Young-suk Kim

The Braille Credit Card Concept by Yongsuk Kim

admin — Sun, 02 May 2010 11:07:45 +0000

The Braille credit card concept by Yongsuk Kim aims to facilitate the visually impaired and blind people with the opportunity not to depend on others about their financial transactions, while being completely safe from credit card scams. This card, one of If Concept Award participants, generates Braille after completing every transaction on the plastic knobs to let the user know what amount has been billed to him or her. Also, a miniature speaker has been incorporated with the design that tells the user the sum out loud. This feature can also be helpful for elderly people who are barely able to read Braille but still can enjoy the card transaction facility.

Source: Tuvie.com

Kick The Green Monster

admin — Sun, 29 Nov 2009 01:10:37 +0000

Do you know who the Green Monster is? It’s that skunk-of-a-bill that you get at the end of the month; it devours all your Dollars because you overspent! Only if you could use something like the Live Checking Card! A Credit Card won’t let you go beyond your limits. It’s a digital thang with an E-ink display that allows you to check your payment history on it. It even tracks your bank account’s transaction through RFID. A cumulative amount shows up on the screen every time you swipe the card; giving you your account balance on your finger tips.

Designers: Jin-young Yoon, Wook-sun Oh, Young-ho Lee & Jun-kyo Lee
Source: Yankodesign.com

Intel Intelligent Point of Sale (POS) System Targeted for Retail Market

admin — Thu, 26 Nov 2009 13:41:27 +0000

Intel Inc, the giant chipmaker has just unveiled a new proof of concept POS (Point of Sale) system targeted for retail markets during the NRF (National Retail Federation Convention) event held in New York recently. Some may wonder why suddenly the giant chipmaker produces such a retail product, but in actual fact it is a proof of concept platform that intends to showcase few of the advanced Intel technologies along with this platform introduction.

The next generation POS, powered by Core 2 Duo processor is featured with advanced technology such as Intel vPro with AMT (Active Management Technologies) that allows remote access to control the system shut down or reboot. Besides, it is claimed to have better security features such as system diagnosis capability that eventually bring down the total maintenance cost in the long run.

In terms of real user interfaces and experience, the POS system provides multiple touch screens with independent display capability for in store advertisement and item inventory checking while on the other hand allowing users have internet access for customer reviews, product information gathering and many more.

That is not all, the POS is claimed to be easy customizable and upgradeable in case there is a plan to have next generation processor replacement to meet more stringent consumer requirement in short future.

Source: Mydigitallife.info

Credit card with LCD and keypad ensures encryption in every transaction

admin — Mon, 23 Nov 2009 20:21:39 +0000

Visa Europe has announced a newly designed credit card, complete with a keypad and digital number display. The card is of the usual size and features a credit card number and magnetic strip for use with conventional card readers; it does not have a security code number in the traditional sense. Instead, cardholders will enter their PIN into the keypad, which will then generate a random number on the display. This random number will serve as the cardholder’s one-time security code, which can then be entered to make online purchases.

This is the kind of technology that does ensure a hack proof system integrated right into the card, but the security of this system is yet to be tested. We at newlaunches.com remind you once again to check for your credit card before and after you go shopping.

Source: Newlaunches.com