Automated retail is a self-service category in the form of standalone machines located in high-traffic areas such as airports and malls and convenient stores. In an era of growing mobility, the consumers demand easy access to products and services anytime…
The Bank of England’s chief economist recently warned that the labour market could be set for a significant squeeze due to the advent of technology and automation, but how are robotics impacting retail?
Kiosk Tradeshow DSE introduces a new area of the show floor for 2016 – the Self-Service Pavilion. With the rising adoption of self-service kiosks, tablets and other freestanding interactive display…
FROM 2015 — Opens New Sales Channels to Consumers; On Display at NRF booth 825 NEW YORK – (Jan. 11, 2015) – Apex Supply Chain Technologies has introduced AnyWhere self-service product-delivery solutions for today’s on-the-go consumer. AnyWhere and the Apex Trajectory Cloud perfectly suit brands seeking omni-channel relationships with consumers by enabling them to order from AnyWhere, ship… Read More »
Paul Schottmiller, a retail strategist at Kurt Salmon, a consultancy, says the opening of physical stores by online retailers also reflects a growing trend to develop contact with human beings in the online journey. Other elements include people to help with the shopping journey, and personalised offers and promotions. “That does make a difference in terms of the level of satisfaction,” he says.
Introducing the worlds first totally autonomous and automated “Real 3D” photo booth kiosk. | Virtual Strategy Magazine is an online publication devoted entirely to virtualization technologies.
Consumers look to spend in brick-and-mortar When discussing the state of retail, it is important to investigate retail spending trends. Recent research by eMarketer takes a look at how and where consumers in the United States are going to be spending money over the next 6 or 7 years. eMarketer’s research reveals that disposable income spent by consumers in… Read More »
Some banks have found that Robotic Process Automation (RPA) can reissue cards with almost minimal work. RPA enables staff to configure software, or a “robot,” to capture and interpret a process. That allows data to flow between digital systems automatically, as well as enable automated communication, and can be used for high volume functions, such as EMV card reissuance.
EMV cards cost banks nearly $2 dollars per card in comparison to the mere pennies it costs for the magnetic strip cards; however, this cost is mitigated when using RPA to perform the enormous task of notifying, designating, recoding, and sending the new cards to customers.