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Swedish Bank Partners With Fidesmo On Wearable Payments

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"The goal is to enable customers to pay for things by simply tapping a bracelet, key ring or other wearable device on an NFC payment terminal." Fidesmo, a Sweden-based developer of contactless transaction technologies, has entered into a new partnership with Länsförsäkringar Bank that focuses on portable payments. The collaboration revolves around Fidesmo Pay, Fidesmo's portable payment platform, which allows Länsförsäkringar Bank to tokenize payment cards in the form of portable devices that can then be used by Länsförsäkringar customers for contactless payments. The goal is to enable customers to pay for things by simply tapping a bracelet, key ring, or other wearable device on an NFC payment terminal. It is an approach to payments that could find market access in the years to come. Consumer survey data collected by Juniper Research found that nearly half of consumers in the US, UK and Australia would be willing to use a portable device to make a payment, and 94 per

SMS group partners with Synhelion for pioneering industrial plant with state-of-the-art solar technology

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• SMS group enters into a strategic partnership with Synhelion to support their sun-to-liquid process • Innovative solar technology uses the power of concentrated sunlight and enables the production of a climate-friendly alternative to fossil fuels • Great potential to accelerate the decarbonization of the metal world Today the transport sector has the largest share of global greenhouse gas emissions at around 25 percent. Along with other energy-intensive industries, including the metalworking industry, it is facing increasingly stringent decarbonization targets to become more climate-friendly and reduce the use of non-renewable resources. As part of its commitment to lowering CO2 emissions with the aim of becoming CO2-neutral, SMS Concast, a company of the SMS group based in Zurich, has now entered into a st