WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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Curated by Farid Mheir
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Paying with your face now a reality at scale in China via WeChat & Alipay - while US retailers are still asking for signature on credit card paper slips

Paying with your face now a reality at scale in China via WeChat & Alipay - while US retailers are still asking for signature on credit card paper slips | WHY IT MATTERS: Digital Transformation | Scoop.it

By rolling out a device equipped with more advanced facial recognition technology, users can enjoy an even more convenient method of paying for goods and services without using smartphones. The Frog Pro features a 10.1-inch double-sided screen, a 3D depth-sensing camera for the facial recognition payment function and a QR code scanner

Farid Mheir's insight:

WHY IT MATTERS: this is the obvious killer app for facial recognition - it uses AI technology and similar hardware that iPhone uses to unlock your screen. You can now spend without any friction, not event the need to take your phone out of your pocket. Of course this raises obvious privacy and security concerns - but in China the concept of privacy appears different than in the West. But the most important factor is that Asia is deploying this *at scale* first, waaaaaaayyyy before the USA where you still have to sign paper slips for credit card transactions... Who is leading the techno war these days?

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Digital Transformation Review n° 9: The Digital Strategy Imperative : Steady Long-Term Vision, Nimble Execution | Capgemini Consulting Worldwide

Digital Transformation Review n° 9: The Digital Strategy Imperative : Steady Long-Term Vision, Nimble Execution | Capgemini Consulting Worldwide | WHY IT MATTERS: Digital Transformation | Scoop.it
Farid Mheir's insight:

Always interesting reading on digital transformation by Capgemini which has been at the forefront of defining digital transformation. Read this one, then flip through old ones...

Jean-Marie Grange's curator insight, October 24, 2016 2:02 PM
Very good examples of digital transformation in some industries. The platform strategy developed by Visa could be very successful... if they really open it to developpers. 
There is also a list of 15 startups showing good potential at the end of the document...
Curated by Farid Mheir
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