Mobile online checkout and AI to be front of mind in 2016: Deloitte

Mobile online checkout and cognitive technologies are set to boom in 2016, according to the latest predictions made by Deloitte. In the Technology, Media & Telecommunications 2016 report, Deloitte believes the number of individuals who use a third-party touch-based payment service to make a purchase on their devices — which covers both smartphones and tablets — will increase by 150 percent to reach 50 million regular users. Latest Australian news Deloitte also believes the friction, and the time it takes to browse and checkout will be reduced, as more retailers take advantage of the biometric element integrated into most smartphones. Richard Miller, Deloitte Payments Advisory practice leader, said the big difference in 2016 is there are now requisite preconditions in place to improve the online checkout process. “The technology you…


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