Category Archives: Scoop.it

News from the retail automation sector

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.

Selfservice mobile payment – Google’s Android Pay Cherry-Picks the Best of Apple, Google Wallet

Google plans to release a new mobile payment system called Android Pay, which will include many of the same features as Apple Pay, while the Google Wallet brand will live on as a peer to peer service.

Source: www.paymentssource.com

Interesting to that they have chosen to support fingerprint recognition for biometric payment method.  Calling it “Android Pay” hitches a ride with Apple Pay for sure.

Digital Sign and Digital Signage Market worth $23.76 Billion by 2020

According to a new market research report “Digital Signage Market by Type (Hardware (Displays, Media players, Projectors), Software, Services (Installation & Maintenance)), by Application (Commercial, Infrastructural, Institutional, Industrial) & Geography – Global forecast to 2020”, the total digital signage market is expected to reach $23.76 Billion by 2020, at a CAGR of 8.18% between 2015 and 2020.

This is the usual Markets & Markets report this time for digitial signage.  According to M&M — The major players in the global digital signage market are NEC Display Solutions (Japan), Samsung Electronics Co. Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Sharp Corporation (Japan), Sony Corporation (Japan), Panasonic Corporation (Japan), AU Optronics Corp. (Taiwan.), Planar Systems, Inc. (U.S.), Adflow Networks (Canada), and Omnivex Corporation (Canada).

The major players in the global digital signage market are NEC Display Solutions (Japan), Samsung Electronics Co. Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Sharp Corporation (Japan), Sony Corporation (Japan), Panasonic Corporation (Japan), AU Optronics Corp. (Taiwan.), Planar Systems, Inc. (U.S.), Adflow Networks (Canada), and Omnivex Corporation (Canada).

Retail automation – Why cash handling is important for the retail industry

In the financial services industry, the term “cash handling” is commonplace. Everyone – from the C-suite down to each individual worker, knows the value of quality cash handling and money management. However, in the retail industry, the importance of cash handling can slip through the cracks.

Source: arca.com

The mobile phone crowd likes to dismiss cash but, not so quick…