Why you won’t be paying with your wristband

Nike has reportedly called time out on its FuelBand, failing to get enough scale among its millions of customers. Payments companies are watching closely.

Smart watches, Google Glass and a plethora of wearable devices are supposedly destined to usher in a whole new era of mobile computing. But are they going to be as dynamic as smartphones when it comes to changing customer behaviour? The jury is still out on that and despite the bullishness from some quarters the overall narrative is still largely untested.

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