Card Consolidation

1. Consolidated Digital Wallets - Consumers are streamlining payment processes with digital wallets that combine multiple forms of payment into one device, leading to an opportunity for innovation in secure, easy-to-use, all-in-one digital wallets.

2. Mobile Payment Technology - The rise in mobile payment technology is driving innovation in payment gadgets and devices that facilitate transactions securely and conveniently, creating opportunities to develop systems that use mobile devices as an all-purpose transaction and transaction-verification tool.

3. Smart Card Solutions - Smart cards that can consolidate various payment and loyalty cards into a single, secure card are becoming increasingly popular, creating opportunities for companies to develop easy-to-use, secure smartcard solutions that offer even more functionalities beyond payment.

1. Financial Services and Payments - Innovation opportunities are present in the development of secure, easy-to-use all-in-one digital wallets and mobile payment devices that facilitate transactions and secure access to sensitive financial data.

2. Travel Technology - The rise in smart passport cases and the iPassport that leverage biometric technology to secure sensitive personal identification information create opportunities for the development of advanced travel technology that integrates biometric authentication and secure RFID shielding to prevent identity theft and data breaches.

3. Retail Technology - Innovation opportunities exist in the development of smart card solutions that consolidate various loyalty schemes into a single card, offer additional functionalities, and integrate with mobile devices, making it simple, easy, and secure for consumers to take part in multiple loyalty schemes, buy products, verify transactions, and interact with retailers.