Seniors getting helping hand from new wearables

Wearables are now a significant part of corporate wellness and remote patient monitoring programs.  However, long-term investment from seniors remains a challenge, despite an increasing need for seniors to have better healthcare options. See Also: Richer, sicker seniors to drive medical wearables market growth Garmin and Tactio Health Group, two major companies involved in telehealth […]

Contactless payments just got easier in Singapore

Residents of Singapore now have the option of contactless payment wearables, thanks to the collaboration between EZ-Link, Watchdata Technologies and Garmin. In late January, two contactless payment options were introduced. “This collaboration with EZ-Link puts Singapore on the road map as the first country in South-east Asia to offer a contactless payment solution where you […]

Garmin provides new safety feature in its fitness trackers

Garmin has added a new safety option to several of its fitness monitors with the addition of a new feature named Beacon, which was designed by Strava. Beacon, which was unveiled earlier this year, provides several features that focus on keeping hikers, cyclists, runners and other people safer when they exercise.  When these individuals leave […]

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Fitbit buys Pebble as wearables consolidation continues

Fitbit is reportedly buying the troubled Pebble smartwatch in further consolidation in the flagging wearables market. Full details and dollar value of the deal hasn’t yet been made public but the two firms, which were said to be in the final stages of a tie-up prior to Thanksgiving, have now reportedly inked a deal. And […]

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Garmin stock surges following pivot from autos to wearables

Garmin’s stock price rose to its highest level in 52 weeks after reporting better than expected earnings and revenue for the second quarter. Investors were pleased to see Garmin transition from the lacklustre automotive industry to the growing fitness market. The automotive segment accounted for 39 percent of the company’s revenue in 2015, but now […]