We’re always interested to see how vertical markets are thinking about wearable technologies, and one of the key industrial adapters may well be the banking industry. Not to fund it; to use it.
There’s a pretty good article in the ABA Banking Journal about how the banking industry is thinking about wearables — and they clearly are thinking about it. The piece takes a little while to warm up (after all, it’s written for people who aren’t steeped in this stuff), but it calls out some interesting ongoing thought experiments and pilot programs:
“Who among us wouldn’t consider wearing a piece of technology that lets our insurer know that they should be charging us less, not more?” the Credit Suisse writer says.
Check it out. Worth reading.