Consumer Electronics, Smart Fridges & Fintech

Note from the Publisher:  The latest news in the world of fintech comes from an unlikely place – the recent Consumer Electronics Show.  Yet, fintech is everywhere you look these days.  Some big players made a splash there though – Samsung, and Mastercard, to be exact.  No doubt next year’s CES show will have even more fintech launches for us.

“Last week, the Consumer Electronics Show (CES) wowed us with visions of a future. All the latest and futuristic tech products were on display, providing plenty of food for thought.

Some of the more interesting developments involved fintech at CES. There were some interesting products unveiled, including from venerable financial company MasterCard (MA). On top of MasterCard’s continued evolution in the fintech space, Rokos unveiled a Bitcoin client/node that should make it easier for more people to access the blockchain.

MasterCard seemed to want to be everywhere in terms of fintech at CES. First of all, MasterCard is offering an app that allows people to order groceries from the Family Hub refrigerator by Samsung.
The smart fridge should be available a little later in 2017. This will make MasterCard the first shopping app to be integrated into a fridge. The idea is that you can build, manage, and share the grocery lists and shopping carts throughout the week, and then make your order when you’re ready. And, of course, you’ll be able to pay with your MasterCard.

MasterCard is also upping its fintech game by partnering with Coin. The partnership should allow MasterCard Payments to be used with a variety of wearables, including smart watches and fitness bands.

While none of MasterCard’s moves are particularly revolutionary, it does show that the company is moving forward with making things easier for consumers by expanding its digital wallet and by integrating into smart technology….”

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