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The UK firm that wants to give big spenders a big shock
The UK firm that wants to give big spenders a big shock
This is a duplicate of the Blog Entry made on: 19th May 2016 16:19
This is a duplicate of the Blog Entry made on: 19th May 2016 16:19
One British firm is seeking to put the buzz back into budgeting by giving bank customers an electric shock if they overspend.
Intelligent Environments has launched a platform which can link the Pavlok wristband, which delivers a 255 volt shock, to a bank account. If the funds in the account go below an agreed limit, the band kicks in. It can also work with smart meter Nest to turn down the heating and save energy bills if funds are low. No bank has yet announced that it will be offering the Interact IoT (Internet of Things) platform to customers but Intelligent Environments lists several British banks as clients for its existing online banking platforms....Read more here
Intelligent Environments has launched a platform which can link the Pavlok wristband, which delivers a 255 volt shock, to a bank account. If the funds in the account go below an agreed limit, the band kicks in. It can also work with smart meter Nest to turn down the heating and save energy bills if funds are low. No bank has yet announced that it will be offering the Interact IoT (Internet of Things) platform to customers but Intelligent Environments lists several British banks as clients for its existing online banking platforms....Read more here