Price, assortment, experience and access is how Wal-Mart execs define what matters most to customers, and they are working to lead in each of these areas by combining physical retail expertise with ongoing innovation from Walmart.com. Source: www.thecitywire.com WIth the locker system, he said shoppers go to the kiosk at the locker site in the front of the… Read More »
So how will our High Street fare in the next decade and will we still be going there to browse on a Saturday afternoon? Source: www.bbc.com
Responding to the recent high-profile retail heists of confidential customer data, Intel is offering new technology baked into POS platforms to encrypt consumer and financial information. Source: thevarguy.com Intel in collaboration with NCR announces solution combining software and hardware (we knew that was coming…). Adds another layer of protection to the payment process
Mastercard has partnered with Norwegian firm Zwipe to launch a contactless payment card with a built in fingerprint sensor. Source: www.paymenteye.com Eliminates the PIN entry for customers which is nice. 2015 model will eliminate drawing power from payment terminal & be as thin as standard card.
MedAvail Technologies Inc., a Canadian startup that makes an automated kiosk that connects people with pharmacists and then dispenses medications, has raised a $30 million Series C round to commercially launch in Canada, Europe and the U.S., the company said.Attempts to reach Toronto-based MedAvail and several of its investors were not immediately successful. Source: pevc.dowjones.com The funding was… Read More »
EMV – October 2015 is when the “liability shift” happens. As it stands now (this could change) – as of October 2015- if you are not accepting EMV – that’s OK, but MasterCard will not accept liability for any fraud that merchants incur. That excludes ATM & fuel, which are … Source: www.linkedin.com Includes link to EMV Timeline
As Walmart is conceding lower expected revenues this year, along with what appears to be a challenging holiday shopping season, it is moving to boost investment Source: www.pymnts.com Walmart CFO Charles Holley said the world’s largest retailer needs to rethink its strategy. “Our business and customers continue to evolve and so will the way we deploy capital,” said… Read More »
Robotic bartender Monsieur has secured $2 million in seed funding. BIP Capital led the round with participation from other investors that include Base Ventures, Paul Judge, TechSquare Labs, NFL pla… Source: www.pehub.com Monsieur developed the world’s first artificially intelligent robotic bartender. Monsieur incorporates sleek hardware and a companion smart application for iOS and Android devices, making drinks that… Read More »
Consumers in Romania are now able to buy bitcoin at over 800 self-serve payment terminals, charged at a 4 percent commission. Source: newsbtc.com It all comes together thanks to a partnership between ATM operator Bitcoin Romania and ZebraPay – the operator of the terminals. According to CoinDesk, the machines are one-way, and consumers will buy the digital currency with the Romanian leu.
Source: bitcoinmagazine.com In May of this year, start-up Coinme released their first Robocoin kiosk at the Spitfire sports bar in downtown Seattle. On October 1st of this year, they added to their fleet with a new machine located on the University of Washington campus. The release event at UW’s “Startup Hall” also coincided with a Bitcoin meet-up for… Read More »
