Press release originally published on BusinessWire KIOSK Information Systems & NRF 2019 Showcased Technology KIOSK and Posiflex demonstrate new technology and new designs with Bitcoin ATMs, BOPIS, Digital Signage, Remote Monitoring, and Omnichannel IoT at NRF (Photo: Business Wire) January 08, 2019 12:13 PM Eastern Standard Time LOUISVILLE, Colo.–(BUSINESS WIRE)–Together, KIOSK Information Systems (KIOSK) and parent company, Posiflex will showcase a wide… Read More »
Press release originally published on Newswire KMA Kiosk Manufacturer Association Booth at NRF 1725 See Kiosk Association at booth 1725 with top-tier kiosk software and kiosk enclosure companies from around the world. Come and visit 1725! PRESS RELEASE UPDATED: JAN 8, 2019 07:00 MST WESTMINSTER, Colo., January 8, 2019 (Newswire.com) – Come and meet the Kiosk Manufacturer Association (KMA) at NRF… Read More »
Longtime merchants are turning to technology to enhance what many retailers now seem to view as their greatest asset these days: their fleet of stores.
Nice article. Still, the devil is in the details. Salespeople with mobiles searching inventory is dependent on accurate and well-labeled inventory. Being able to identify what is actually on the shelf (and where) is required. Add in trying to identify if the other store down the street has it is even worse.
Nice story on facial and recognition and how Fraud-IQ is helping retail in loss prevention.
Merchandise returns cost retailers in the United States more than $350 million in sales last year, including up to $22.8 billion attributed directly to fraudulent returns and abuse, estimates data analytics firm Appriss.
"Fraud is such a big number in retail, one that largely goes unchecked," says Peter Trepp, CEO of FaceFirst, a software firm that provides a security face recognition platform for use in industries including retail, air transportation, casinos, sports and event venues. The company recently unveiled Fraud-IQ, which it calls the first facial recognition product built specifically for use against retail return fraud.
"It’s hard to find tools to combat fraud," Trepp says. "Part of this is because criminals have become so sophisticated. We think [facial recognition] is a contribution to battle this."
The new Fraud-IQ works in two ways to assist retailers. "First, it can identify people entering the store without a package and then showing up at the return counter with goods to return," Trepp says, "and the second works against repeat offenders."
Press Release: Ingenico and Pyramid announcement Paris, Thursday 10 January 2019 Ingenico and Pyramid blend their expertise to distribute the ultimate connected kiosk Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payment, and Pyramid, leading integrator and kiosk solution provider, today announced their partnership for the distribution of Think&Go connected kiosks. These combine Ingenico’s expertise… Read More »