INSIDER SERIES DEMO

Shock Value or Actually Valuable?

New IoT Banking Platform Zaps Out

334 MILLION

smartphones shipped internationally during Q1 2016

334 MILLION

smartphones shipped internationally during Q1 2016

334 MILLION

smartphones shipped internationally during Q1 2016

334 MILLION

smartphones shipped internationally during Q1 2016

TABLE OF CONTENTS

INTERNET OF THINGS

INTERNET OF THINGS

INTERNET OF THINGS

INTERNET OF THINGS

INTERNET OF THINGS

INTERNET OF THINGS

Buyers,

Bloomington,

Bootcamps &

Brunch

We work tirelessly towards a single mission: helping our clients take control of their finances. In 2015, that translated into way more discretionary income—and a whole bunch of brunches.

320,991

Uber & Lyft rides taken by clients

$1,046,821

Uber & Lyft rides taken by clients

What's Inside

By infusing everyday items with sophisticated digital capabilities, Internet of Things players are fundamentally altering technological landscapes across the world. Solutions once relegated to works of science ction are now hitting the market, ushering in an ecosystem based on integration and connectivity.

Throughout the past month, IoT solutions have helped elevate simple processes into streamlined, ef cient experiences. From autonomous cars to anatomical touchscreens, connected technologies are turning once mythical ideas into mainstream realities.

Here’s a look at notable news highlights from around the world of IoT:

Applications

While there’s been a buzz around self-driving vehicles for some time now, autonomous cars and trucks have yet to hit the highways outside of controlled tests. A number of big companies in the automotive and tech spaces – including Uber, Lyft, Google, Ford and Volvo – are now looking to change that.

The organizations recently formed the Self-Driving Coalition for Safer Streets, a group that’s urging government of cials and private businesses to examine the positive research surrounding autonomous cars, which it believes points to signi cant social and safety bene ts. According to the The U.S. National Highway Traf c Safety Administration, 94 percent of automotive accidents occur as the result of human error. By connecting cars through IoT technology, the coalition argues, this staggering gure could be greatly reduced.

While the concept of autonomous vehicles might seem wholly futuristic to some, many IoT players are experimenting with even more revolutionary uses for the technology.

Devices

Researchers from Carnegie Mellon’s Human-Computer Interaction Institute’s Future Interfaces Group recently developed an IoT-powered wearable technology that can transform users’ forearms into touchpads.

The solution, dubbed SkinTrack, is powered by a small, discreet ring users wear on their nger. Once activated, the program disseminates a high-frequency, low-energy signal into the skin. From there, the signal essentially empowers the skin with all the capabilities of a smartphone or tablet touchscreen. SkinTrack’s creators believe the solution’s compact device and expansive screen ips the script on traditional wearables, whose bulky gadgets and small touchpads are often inconvenient and cumbersome to users.

As IoT solutions continue on the fast track to mainstream use, companies are more focused than ever on enhancing their existing products and remaining on the cutting edge of new advancements.

320,991

Uber & Lyft rides taken by clients

$1,046,821

Uber & Lyft rides taken by clients

Shock Value or Actually Valuable? New IoT Banking Platform Zaps Out

It was, perhaps, only a matter of time.

With today’s market brimming with smart payment solutions that are making it increasingly easier for consumers to conduct seamless transactions in stores, at home and on the go – it’s also arguably become easier for consumers to spend without fully considering the consequences. With the convenience of digital and card-based payments comes a higher risk of overspending. After all, nances that are out of sight are out of mind, which can make consumers feel wholly out of control when it comes to scal planning.

According to David Webber, Managing Director at U.K.-based digital nancial solutions company Intelligent Environments, today’s nancial uidity contributes to a sense of powerlessness among spenders.

“Money is becoming more and more invisible as people use things like Apple Pay, or they have regular payments leaving their bank account,” Webber said. While this is inherently convenient, it can lead to a
mental disconnect, he said. “They are not taking a week’s worth of cash out of the teller machine and seeing everything leaving their wallet or purse. There’s money going in all sorts of direction and all sorts of ways and a lot of people are feeling disconnected from their money,” he said.

Enter Intelligent Environments’ new IoT banking platform, called “

Interact IoT, which the company is touting as the “the world’s rst Internet of Things bank platform.” This digital nancial technology, which allows users to link their bank accounts with various smart devices, is at the forefront of nancial interconnectivity. In an attempt to empower accountholders with more scrutiny over their own resources amidst increasingly invisible and seamless transactions, Webber and his team integrated a feature to Interact IoT that is, in fact, shocking.

PYMNTS.com caught up with Webber on the heels of his company’s
platform announcement to discuss the future of connected technology and
how Intelligent Environments is using IoT to power cutting-edge nancial solutions.

A shocking rollout

As part of their IoT banking platform initial rollout, Intelligent Environments integrated the Pavlok wristband, a wearable interconnected device that “delivers an electric shock” to users’ wrists when they exceed predetermined spending, for example. So a user who sets a limit of $1,000, for example, will receive shock if they spend more than this amount.

The shock is in fact an electric shock – not just a splashier synonym for buzz or vibrate. The customizable technology enables wearers to create their own nancial plans via a mobile app, in which they can also set the intensity of their physical alert: a vibration, buzz or shock ranging on a scale from one-to-10.

The concept of using wearable technology to eradicate bad habits is nothing new (think anti-snoring devices that claim to wake noisy sleepers and tness bracelets that encourage users to keep active and lose weight). Pavlok’s connection to the IoT banking platform, however, makes it part of a wider push toward comprehensive cross-platform integration.

Webber said the company has seen interest from some of their consumer nance and retail banking clients, but as of this writing they have not signed an agreement yet.

Intelligent Environments has also connected Interact IoT to the Nest Thermostat, a widely adopted smart-home device that automatically turns down users’ home heating to help them save on their monthly bills. Webber explained that both money-saving devices were created by harnessing the power of recognizable solutions, like bracelet-style wearables and home thermostats, and leveraging them via IoT technology.

320,991

Uber & Lyft rides taken by clients

$1,046,821

Uber & Lyft rides taken by clients

320,991

Uber & Lyft rides taken by clients

$1,046,821

Uber & Lyft rides taken by clients

Shock Value or Actually Valuable? New IoT Banking Platform Zaps Out

It was, perhaps, only a matter of time.

With today’s market brimming with smart payment solutions that are making it increasingly easier for consumers to conduct seamless transactions in stores, at home and on the go – it’s also arguably become easier for consumers to spend without fully considering the consequences. With the convenience of digital and card-based payments comes a higher risk of overspending. After all, nances that are out of sight are out of mind, which can make consumers feel wholly out of control when it comes to scal planning.

According to David Webber, Managing Director at U.K.-based digital nancial solutions company Intelligent Environments, today’s nancial uidity contributes to a sense of powerlessness among spenders.

“Money is becoming more and more invisible as people use things like Apple Pay, or they have regular payments leaving their bank account,” Webber said. While this is inherently convenient, it can lead to a
mental disconnect, he said. “They are not taking a week’s worth of cash out of the teller machine and seeing everything leaving their wallet or purse. There’s money going in all sorts of direction and all sorts of ways and a lot of people are feeling disconnected from their money,” he said.

Enter Intelligent Environments’ new IoT banking platform, called “

Interact IoT, which the company is touting as the “the world’s rst Internet of Things bank platform.” This digital nancial technology, which allows users to link their bank accounts with various smart devices, is at the forefront of nancial interconnectivity. In an attempt to empower accountholders with more scrutiny over their own resources amidst increasingly invisible and seamless transactions, Webber and his team integrated a feature to Interact IoT that is, in fact, shocking.

320,991

Uber & Lyft rides taken by clients

It was, perhaps, only a matter of time.

With today’s market brimming with smart payment solutions that are making it increasingly easier for consumers to conduct seamless transactions in stores, at home and on the go – it’s also arguably become easier for consumers to spend without fully considering the consequences. With the convenience of digital and card-based payments comes a higher risk of overspending. After all, nances that are out of sight are out of mind, which can make consumers feel wholly out of control when it comes to scal planning.

According to David Webber, Managing Director at U.K.-based digital nancial solutions company Intelligent Environments, today’s nancial uidity contributes to a sense of powerlessness among spenders.

“Money is becoming more and more invisible as people use things like Apple Pay, or they have regular payments leaving their bank account,” Webber said. While this is inherently convenient, it can lead to a
mental disconnect, he said. “They are not taking a week’s worth of cash out of the teller machine and seeing everything leaving their wallet or purse. There’s money going in all sorts of direction and all sorts of ways and a lot of people are feeling disconnected from their money,” he said.

Enter Intelligent Environments’ new IoT banking platform, called 

Shock Value or Actually Valuable? New IoT Banking Platform Zaps Out

It was, perhaps, only a matter of time.

With today’s market brimming with smart payment solutions that are making it increasingly easier for consumers to conduct seamless transactions in stores, at home and on the go – it’s also arguably become easier for consumers to spend without fully considering the consequences. With the convenience of digital and card-based payments comes a higher risk of overspending. After all, nances that are out of sight are out of mind, which can make consumers feel wholly out of control when it comes to scal planning.

According to David Webber, Managing Director at U.K.-based digital nancial solutions company Intelligent Environments, today’s nancial uidity contributes to a sense of powerlessness among spenders.

Enter Intelligent Environments’ new IoT banking platform, called “

Interact IoT, which the company is touting as the “the world’s rst Internet of Things bank platform.” This digital nancial technology, which allows users to link their bank accounts with various smart devices, is at the forefront of nancial interconnectivity. In an attempt to empower accountholders with more scrutiny over their own resources amidst increasingly invisible and seamless transactions, Webber and his team integrated a feature to Interact IoT that is, in fact, shocking.

 

320,991

Uber & Lyft rides taken by clients

According to David Webber, Managing Director at U.K.-based digital nancial solutions company Intelligent Environments, today’s nancial uidity contributes to a sense of powerlessness among spenders.

“Money is becoming more and more invisible as people use things like Apple Pay, or they have regular payments leaving their bank account,” Webber said. While this is inherently convenient, it can lead to a
mental disconnect, he said. “They are not taking a week’s worth of cash out of the teller machine and seeing everything leaving their wallet or purse. There’s money going in all sorts of direction and all sorts of ways and a lot of people are feeling disconnected from their money,” he said.

Enter Intelligent Environments’ new IoT banking platform, called 

It was, perhaps, only a matter of time.

With today’s market brimming with smart payment solutions that are making it increasingly easier for consumers to conduct seamless transactions in stores, at home and on the go – it’s also arguably become easier for consumers to spend without fully considering the consequences. With the convenience of digital and card-based payments comes a higher risk of overspending. After all, nances that are out of sight are out of mind, which can make consumers feel wholly out of control when it comes to scal planning. day’s market brimming with smart payment solutions that are making it increasingly easier for consumers to conduct seamless transactions in stores, at home and on the go – it’s also arguably become easier for consumers to spend without fully considering the consequences. With the convenience of digital and card-based payments comes a higher risk of overspending. After all, nances that are out of sight are out of mind, which can make consumers feel wholly out of contr

According to David Webber, Managing Director at U.K.-based digital nancial solutions company Intelligent Environments, today’s nancial uidity contributes to a sense of powerlessness among spenders.

“Money is becoming more and more invisible as people use things like Apple Pay, or they have regular payments leaving their bank account,” Webber said. While this is inherently convenient, it can lead to a
mental disconnect, he said. “They are not taking a week’s worth of cash out of the teller machine and seeing everything leaving their wallet or purse. There’s money going in all sorts of direction and all sorts of ways and a lot of people are feeling disconnected from their money,” he said.

Enter Intelligent Environments’ new IoT banking platform, called 

320,991

Uber & Lyft rides taken by clients

$1,046,821

Uber & Lyft rides taken by clients

ANOTHER TOPIC HERE

By infusing everyday items with sophisticated digital capabilities, Internet of Things players are fundamentally altering technological landscapes across the world. Solutions once relegated to works of science ction are now hitting the market, ushering in an ecosystem based on integration and connectivity.

Throughout the past month, IoT solutions have helped elevate simple processes into streamlined, ef cient experiences. From autonomous cars to anatomical touchscreens, connected technologies are turning once mythical ideas into mainstream realities.

Here’s a look at notable news highlights from around the world of IoT:

Applications

While there’s been a buzz around self-driving vehicles for some time now, autonomous cars and trucks have yet to hit the highways outside of controlled tests. A number of big companies in the automotive and tech spaces – including Uber, Lyft, Google, Ford and Volvo – are now looking to change that.

The organizations recently formed the Self-Driving Coalition for Safer Streets, a group that’s urging government of cials and private businesses to examine the positive research surrounding autonomous cars, which it believes points to signi cant social and safety bene ts. According to the The U.S. National Highway Traf c Safety Administration, 94 percent of automotive accidents occur as the result of human error. By connecting cars through IoT technology, the coalition argues, this staggering gure could be greatly reduced.

While the concept of autonomous vehicles might seem wholly futuristic to some, many IoT players are experimenting with even more revolutionary uses for the technology.

Devices

Researchers from Carnegie Mellon’s Human-Computer Interaction Institute’s Future Interfaces Group recently developed an IoT-powered wearable technology that can transform users’ forearms into touchpads.

The solution, dubbed SkinTrack, is powered by a small, discreet ring users wear on their nger. Once activated, the program disseminates a high-frequency, low-energy signal into the skin. From there, the signal essentially empowers the skin with all the capabilities of a smartphone or tablet touchscreen. SkinTrack’s creators believe the solution’s compact device and expansive screen ips the script on traditional wearables, whose bulky gadgets and small touchpads are often inconvenient and cumbersome to users.

As IoT solutions continue on the fast track to mainstream use, companies are more focused than ever on enhancing their existing products and remaining on the cutting edge of new advancements.

ANOTHER TOPIC HERE

By infusing everyday items with sophisticated digital capabilities, Internet of Things players are fundamentally altering technological landscapes across the world. Solutions once relegated to works of science ction are now hitting the market, ushering in an ecosystem based on integration and connectivity.

Throughout the past month, IoT solutions have helped elevate simple processes into streamlined, ef cient experiences. From autonomous cars to anatomical touchscreens, connected technologies are turning once mythical ideas into mainstream realities.

Here’s a look at notable news highlights from around the world of IoT:

Applications

While there’s been a buzz around self-driving vehicles for some time now, autonomous cars and trucks have yet to hit the highways outside of controlled tests. A number of big companies in the automotive and tech spaces – including Uber, Lyft, Google, Ford and Volvo – are now looking to change that.

The organizations recently formed the Self-Driving Coalition for Safer Streets, a group that’s urging government of cials and private businesses to examine the positive research surrounding autonomous cars, which it believes points to signi cant social and safety bene ts. According to the The U.S. National Highway Traf c Safety Administration, 94 percent of automotive accidents occur as the result of human error. By connecting cars through IoT technology, the coalition argues, this staggering gure could be greatly reduced.

While the concept of autonomous vehicles might seem wholly futuristic to some, many IoT players are experimenting with even more revolutionary uses for the technology.

Devices

Researchers from Carnegie Mellon’s Human-Computer Interaction Institute’s Future Interfaces Group recently developed an IoT-powered wearable technology that can transform users’ forearms into touchpads.

The solution, dubbed SkinTrack, is powered by a small, discreet ring users wear on their nger. Once activated, the program disseminates a high-frequency, low-energy signal into the skin. From there, the signal essentially empowers the skin with all the capabilities of a smartphone or tablet touchscreen. SkinTrack’s creators believe the solution’s compact device and expansive screen ips the script on traditional wearables, whose bulky gadgets and small touchpads are often inconvenient and cumbersome to users.

As IoT solutions continue on the fast track to mainstream use, companies are more focused than ever on enhancing their existing products and remaining on the cutting edge of new advancements.

To Top