Category Archives: Retail Systems

The automated retail industry is one of the two core technology showplaces today (financial Services being #2).

- Emerging technologies such as robotics, lockers, digital signage, vending and automated vending lead the way. Amazon and Google revolutionize physical delivery. OuterWall has another great idea (or not).
- More mature retail technology includes interactive displays, next-generation POS, mobile interplay, multi-touch, kiosks for self-service, video services, and customer service technology.
- Companion technologies include ATMs, kiosks, Advanced ATMS, NFC and thin client.
- Standards – here we have more regulatory guidelines in play along with more standards than any other industry. PCI, OPOS, JPOS, MPOS, HIPAA, ADA, UL, CE just to name a few.

KeyMe® Offers Key Duplication in Emergencies

KeyMe®- Within moments I had my keys out of my purse and was duplicating a key simply by inserting it into the slot and using the touchscreen. Source: jbcreativellc.com

US retailers fear they’ll miss EMV transition deadline | PaymentEye

A US trade group is asking the payment-card industry to delay the October EMV transition plan that will leave the retail food stores and pharmacies it represents liable for fraudulent transactions if they are unable to meet the deadline. Source: www.paymenteye.com FMI sent letter to VISA/MC asking for 2016. Retail food stores and pharmacies will not be able… Read More »

Banks must make radical technology updates to save profits, KPMG warns

Only the “radical use” of new technologies can help the UK’s biggest banks become more profitable, KPMG has warned, as shareholder returns continue to drop six years after the financial crisis. Source: www.paymenteye.com New payment systems like Paypal and other are beginning to change the way money is exchanged.

Bitcoin Foundation ‘effectively bankrupt’, may split in two

The Bitcoin Foundation may split into two separate bodies after facing reputational damage, declining membership and continued losses. Source: www.paymenteye.com “The foundation has almost no money left, and just fired 90 per cent of its people. Some will stay on as volunteers,” Janssens wrote, adding that a lack of transparency and poor spending decisions led to its current crisis.… Read More »

Retail automation iPads – This vending machine has a different kind of sweet goods

Drexel University is adding an iPad vending machine in their Dana and David Dornsife Center for Neighborhood Partnerships. Source: www.psfk.com

NCR CIO Bill VanCuren Drives The Move To Internet Of Things And Big Data – Forbes

NCR is in the throes of a major transformation. They are moving from manufacturing company to a software and services-driven company. In the process, NCR is positioning itself as a leader in the internet of things and big data. Source: www.forbes.com

Lowe’s: The Home Improvement Retailer Of The Future

Lowe’s seems like an unlikely candidate for a descriptor like “innovative retailer,” but the truth is that the DIY stalwart is right there with some of the other industry giants who are incorporating e-commerce and tech-enabled stores to create a… Source: www.forbes.com