Thales has announced the launch of a voice-assisted payments card in collaboration with FinTech Handsome to help the visually impaired make payments.
The IT company said it was inspired to develop the card the because 90 per cent of visually impaired people have once in their life faced fraud or encountered a mistake at a point of sales.
The card has access to payment amounts from point-of-sale terminals and communicates it to the mobile app via Bluetooth. Users can then hear the information either through the phone’s speaker or through earphones.
“With the support of Handsome and based on Thales’ key expertise in developing secure and convenient payment solutions, we decided to tackle concerns faced by blind and visually impaired people,” said Bertrand Knopf, vice president banking and payment services at Thales.
Knopf added: “All in all we are thrilled to see our innovations contribute to building more sustainable and responsible payment solutions.”
Latest News
-
Allica bank buys Kriya as challenger sets sights on £1bn SME lending
-
Canada to launch Financial Crimes Agency as part of anti-fraud measure
-
Innovate Finance partnership to develop Real-Time Industry Classification for RegTech
-
FCA exec says Open Banking payments ‘on cusp’ of becoming ubiquitous
-
Allica Bank ‘waiting on sidelines’ for Open Finance due to unclear regulation
-
HSBC appoints former NatWest CEO to lead UK business
Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.
Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.
Beyond compliance: Building unshakeable operational resilience in financial services
In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.
Unleashing generative AI: A force multiplier for financial crime teams
This FStech webinar, sponsored by NICE Actimize sees industry experts examine the revolutionary impact of generative AI on financial crime operations, and provides actionable insights to enhance your compliance strategies.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories