{"id":35895,"date":"2022-12-13T15:26:49","date_gmt":"2022-12-13T20:26:49","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=35895"},"modified":"2022-12-13T15:26:49","modified_gmt":"2022-12-13T20:26:49","slug":"local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/","title":{"rendered":"Local Company\u2019s Technology Allows People To Make Digital Purchases Using Ring Finger"},"content":{"rendered":"<figure id=\"attachment_35896\" aria-describedby=\"caption-attachment-35896\" style=\"width: 768px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-35896\" src=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/12\/payring_image.png\" alt=\"\" width=\"768\" height=\"544\" srcset=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/12\/payring_image.png 768w, https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/12\/payring_image-300x213.png 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><figcaption id=\"caption-attachment-35896\" class=\"wp-caption-text\">The Quontic Pay Ring is a payment technology that allows customers wearing the ring to conveniently wave their hand near a contactless terminal to make retail purchases.<br \/>Courtesy of BankWise<\/figcaption><\/figure>\n<p>BankWise Technology, a Saratoga Springs developer of advanced custom programming for banks, announced that it has provided the system development, integration, and support for the nation\u2019s first wearable payment ring launched by the award-winning digital bank Quontic.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The Quontic Pay Ring is an innovative payment technology that allows Quontic customers wearing the ring to conveniently wave their hand near a contactless terminal to make retail purchases. Officials said the process is like tapping a credit or debit card and can be used worldwide at any payment terminal that accepts contactless payments.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The launch of this product required significant development effort to integrate the systems, streamline the operational processes and implement the safeguards necessary to both deliver the rings and to ensure their usefulness once deployed, according to BankWise. It provided the code and systems to manage key components of the product including customer authentication, ring ordering, sizing and fulfillment, ring activation, inventory management, integration with the bank\u2019s core system, and customer communication updates via email or SMS on the pay ring\u2019s order status.<\/p>\n<p>\u201cWe are honored to be part of Quontic\u2019s newest and very innovative product launch and for it to be the first of its kind in the U.S.,\u201d said Sergei Morgoslepov, co-president and chief technology officer of BankWise. \u201cWe were brought into this complex project to help design, implement, and manage a middleware solution that allows Quontic to offer this payment device to their customers.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p><span class=\"s1\"><span class=\"s2\"><!--more--><\/span><\/span>\u201cOur team thoroughly reviewed the project\u2019s scope and then designed a middleware solution to address all requirements, from order and inventory management to integration with its core system.\u201d<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Quontic\u2019s Chief Technology Officer Felix Todd said his company had been working with BankWise Technology on multiple projects and \u201cknew that they had the technical experience and expertise to help us get this product to market. They have an intimate knowledge of what our projects require, and we knew that their programming skills and knowledge in the banking sector would fit well into this product\u2019s design, development, and rollout.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>\u201cWe are pleased with this collaboration and to be the first in the U.S. to bring this innovative, wearable payment technology to market.\u201d <span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>To learn more about the Quontic Pay Ring, visit www.quontic.com\/pay-ring.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BankWise Technology, a Saratoga Springs developer of advanced custom programming for banks, announced that it has provided the system development, integration, and support for the nation\u2019s first wearable payment ring launched by the award-winning digital bank Quontic.\u00a0 The Quontic Pay Ring is an innovative payment technology that allows Quontic customers wearing the ring to conveniently [&hellip;]<\/p>\n","protected":false},"author":89,"featured_media":35896,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Local Company\u2019s Technology Allows People To Make Digital Purchases Using Ring Finger - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Local Company\u2019s Technology Allows People To Make Digital Purchases Using Ring Finger - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"BankWise Technology, a Saratoga Springs developer of advanced custom programming for banks, announced that it has provided the system development, integration, and support for the nation\u2019s first wearable payment ring launched by the award-winning digital bank Quontic.\u00a0 The Quontic Pay Ring is an innovative payment technology that allows Quontic customers wearing the ring to conveniently [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Glens Falls Business Journal\" \/>\r\n<meta property=\"article:published_time\" content=\"2022-12-13T20:26:49+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/12\/payring_image.png\" \/>\r\n\t<meta property=\"og:image:width\" content=\"768\" \/>\r\n\t<meta property=\"og:image:height\" content=\"544\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\r\n<meta name=\"author\" content=\"Jake Van Ness\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Van Ness\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/\",\"url\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/\",\"name\":\"Local Company\u2019s Technology Allows People To Make Digital Purchases Using Ring Finger - Glens Falls Business Journal\",\"isPartOf\":{\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#website\"},\"datePublished\":\"2022-12-13T20:26:49+00:00\",\"dateModified\":\"2022-12-13T20:26:49+00:00\",\"author\":{\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/a11ec438b5f0e57f1156754ba3931b86\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Local Company\u2019s Technology Allows People To Make Digital Purchases Using Ring Finger\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#website\",\"url\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/\",\"name\":\"Glens Falls Business Journal\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/a11ec438b5f0e57f1156754ba3931b86\",\"name\":\"Jake Van Ness\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8083519989e12032abdd06a668982ef4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8083519989e12032abdd06a668982ef4?s=96&d=mm&r=g\",\"caption\":\"Jake Van Ness\"},\"url\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/author\/jakev\/\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Local Company\u2019s Technology Allows People To Make Digital Purchases Using Ring Finger - Glens Falls Business Journal","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/","og_locale":"en_US","og_type":"article","og_title":"Local Company\u2019s Technology Allows People To Make Digital Purchases Using Ring Finger - Glens Falls Business Journal","og_description":"BankWise Technology, a Saratoga Springs developer of advanced custom programming for banks, announced that it has provided the system development, integration, and support for the nation\u2019s first wearable payment ring launched by the award-winning digital bank Quontic.\u00a0 The Quontic Pay Ring is an innovative payment technology that allows Quontic customers wearing the ring to conveniently [&hellip;]","og_url":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/","og_site_name":"Glens Falls Business Journal","article_published_time":"2022-12-13T20:26:49+00:00","og_image":[{"width":768,"height":544,"url":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/12\/payring_image.png","type":"image\/png"}],"author":"Jake Van Ness","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jake Van Ness","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/","url":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/","name":"Local Company\u2019s Technology Allows People To Make Digital Purchases Using Ring Finger - Glens Falls Business Journal","isPartOf":{"@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#website"},"datePublished":"2022-12-13T20:26:49+00:00","dateModified":"2022-12-13T20:26:49+00:00","author":{"@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/a11ec438b5f0e57f1156754ba3931b86"},"breadcrumb":{"@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/12\/local-companys-technology-allows-people-to-make-digital-purchases-using-ring-finger\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/"},{"@type":"ListItem","position":2,"name":"Local Company\u2019s Technology Allows People To Make Digital Purchases Using Ring Finger"}]},{"@type":"WebSite","@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#website","url":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/","name":"Glens Falls Business Journal","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/a11ec438b5f0e57f1156754ba3931b86","name":"Jake Van Ness","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8083519989e12032abdd06a668982ef4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8083519989e12032abdd06a668982ef4?s=96&d=mm&r=g","caption":"Jake Van Ness"},"url":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/author\/jakev\/"}]}},"_links":{"self":[{"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/posts\/35895"}],"collection":[{"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/users\/89"}],"replies":[{"embeddable":true,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/comments?post=35895"}],"version-history":[{"count":1,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/posts\/35895\/revisions"}],"predecessor-version":[{"id":35897,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/posts\/35895\/revisions\/35897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/media\/35896"}],"wp:attachment":[{"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/media?parent=35895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/categories?post=35895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-json\/wp\/v2\/tags?post=35895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}