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 Holley, according to a report in Internet Retailer. “We will invest more heavily in e-commerce initiatives, while temporarily moderating our global physical growth, particularly larger stores. We are focused on creating an endless aisle and appealing to our customers’ changing needs.”
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 are precisely tailored to meet the most discerning tastes, all at the touch of a button.
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 interested people in the local community to come network and listen to speakers talk about their personal projects. There were about 40 people in attendance.
Posiflex Technology, a global leading brand in the design and manufacture of POS solutions and peripherals, has launched a mobile POS solution – MT-4008W.
Source: www.retailtimes.co.uk
MT-4008W is specifically created for both retail and hospitality segments. It is an 8in tablet that supports MSR attachment, and can be integrated with the choice of a detachable pistol grip or a hand strap depending on the
application.
D&H Distributing will sell Intel’s Retail Client Manager software and will host a seminar next Tuesday on how value-added resellers can make money offering the tool, which helped small medium business retailers target their clients through immersive advertising and facial recognition capabilities. Page: 1
Source: www.crn.com
Mercy Hospital and Medical Center has installed a MedAvail MedCenter outpatient prescription dispensing kiosk in its emergency department. The medication dispensing kiosk is the first of its kind in the United States.
Source: www.gazettechicago.com
The kiosk allows patients to fill their prescriptions through a live, two way audiovisual conversation with a pharmacist 24 hours a day, seven days per week. With this “telepharmacist” on call, patients can get help, find answers to any questions, and receive medication counseling to use medications most effectively. Also, the pharmacist can verify information in real time.
“MedAvail is excited to partner with Mercy in the deployment of this groundbreaking telehealth solution and looks forward to pro-viding the patients with accessible, convenient access to their medications,” said Ed Kilroy, CEO of MedAvail Technologies, Inc.
MEBANE, N.C., Oct. 1, 2014 /PRNewswire-iReach/ — ARCA, a global leader in transaction automation for financial institutions, is helping Vernon, New Jersey-based Highlands State Bank stop losses from counterfeit bills. The…..
Source: www.itbusinessnet.com
Good testimony to counterfeit detection of modern cash recyclers, this example being ARCA.
In 2009, Troy-based 365 Retail Markets generated $42K in revenue. This year it’s projected to make $15 million. Read how one of Michigan’s most under-the-radar tech companies is reinventing the vending machine experience.
Source: www.metromodemedia.com
‘I don’t worry about my competitors,” Hessling says. ‘I have two or three that are potential competitors. I worry about the 19-year-old kid sitting in his dorm room in Ann Arbor who is coding my demise. That’s what keeps me up at night.”
