Amazon's Reported Talks With Walmart and Target Appear to Be Just About Networking Software

thestreet | March 17, 2020

Get Report reported talks with Walmart and Target signal a willingness by the company to work with rivals on open-source tech projects. However, they aren’t necessarily a sign that Amazon is ready to fully license its cashierless checkout technology to them. On Sunday, The Wall Street Journal reported that Amazon is in talks with Walmart  (WMT) - Get Report and Target  (TGT) - Get Report about having them join a recently-launched, open-source, tech initiative known as Dent. However, “a person close to Target and a Walmart spokesman” indicated that the retail giants currently don’t plan to participate.

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ecommerceIQ is the first market research brand dedicated to ecommerce data and insights in Southeast Asia. Through qualitative and quantitative data analysis, we uncover the future direction of retail in the world’s fastest-growing internet markets. Our community is composed of professionals leading their industries. Data is at the heart of everything we do - it drives our research, educational programs, partnerships, and ultimately, our brand.

Spotlight

ecommerceIQ is the first market research brand dedicated to ecommerce data and insights in Southeast Asia. Through qualitative and quantitative data analysis, we uncover the future direction of retail in the world’s fastest-growing internet markets. Our community is composed of professionals leading their industries. Data is at the heart of everything we do - it drives our research, educational programs, partnerships, and ultimately, our brand.

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POS SOLUTIONS

Epson to Demonstrate Leading Retail POS Solutions at RSPA RetailNOW

epson | July 22, 2022

As retailers continue to look for ways to enhance the customer experience, Epson today announced plans to showcase its innovative retail solutions at RSPA RetailNOW 2022. At work in millions of POS systems worldwide, Epson retail solutions support customer engagement, can help increase sales and provide more efficient cost management. Epson's solutions and demonstrations will be on display from July 25-26 at the Gaylord Palms in Orlando, Fla. in booth #307. During the show, Epson will provide a sneak peek at new Mobilink™ wireless receipt printers. Slated to announce later this year, the new portable Mobilink products will offer an updated rugged, modern design along with improved wireless capabilities to meet the evolving portable printing needs of customers today. "Businesses are looking for technology solutions to help them adjust quickly to a changing retail environment, Show attendees will have an opportunity to explore our most impactful retail products, including new mobile solutions that will offer retailers cutting-edge features for improving business efficiencies and serving customers." -Mauricio Chacon, group product manager, Business Systems Division, Epson America, Inc. Epson's David Vander Dussen, product manager, will also participate in a panel discussion – A New Horizon: Next Generation Retail Technology Beyond 2022. David will discuss insight on new technologies and trends that are around the corner and will continue to drive the transformation for the channel. Epson invites RetailNOW attendees to experience the following innovative solutions at its booth: Liner-free thermal label printers – The OmniLink® TM-L100, which offers our broadest media support, and the TM-L90II deliver solutions for meeting the growing demand for buy online and pick up in store (BOPIS), curbside pickup or delivery. POS receipt printers – As the fastest POS receipt printer in the industry1, the OmniLink TM-T88VII offers flexible connectivity between multiple devices to help merchants deliver the best customer experience in virtually every environment. The OmniLink TM-H6000V multifunction receipt printer helps businesses leverage printing from web-based apps including online ordering services, so they're ready for the ever-changing world of retail. Mobile POS solutions – The OmniLink TM-m50, TM-m30II-h and TM-m30II-SL provide innovative solutions for retailers to easily manage mobile receipt printing needs. Kiosk-Friendly Receipt Printer – The EU-m30 is a sleek, compact kiosk thermal receipt printer with an easy mounting kit for effortless integration and serviceability, ideal for busy retail environments. On-demand color labeling – The ColorWorks® C4000 and C6000-Series desktop color label printers offer retail environments an easy solution for adding color to labeling and eliminating the cost, hassle and lead time of pre-printed color labels. About Epson- Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson's goal is to become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.

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POS RETAIL

Verizon Partners with MasterCard and FNBO to Launch Credit Card for Small Business

Verizon | June 20, 2022

Verizon announced its partnership with MasterCard and First National Bank of Omaha (FNBO) to launch a credit card designed to bring value to small business owners. Existing Verizon Business wireless customers with fewer than 100 lines and an online account will be eligible to apply for the Verizon Business MasterCard®, which rewards purchases of qualified office supplies, technology, fuel, and other business expenses in the coming weeks. Tami Erwin, CEO of Verizon Business, said, "MasterCard has been a key partner to us on our journey to help our customers of all sizes transform their businesses and ensure they are truly future-ready. We are pleased to expand this partnership to include FNBO and bring this small business credit card to our customers at a time when we know they are seeking new avenues to expand their business, manage costs and maximize their use of new technologies to solve challenges to drive growth." Benefits and features of the card will include: Earn rewards on eligible business purchases* Get more for your business New cardholder bonus Fill your digital toolbox Assess your digital footprint Safe & secure payments experience This new service results from a multidimensional collaboration between Verizon Business and MasterCard to assist provide solutions for the global payments and commerce ecosystems. The world's leaders are continuing to collaborate to combine Verizon's 5G connection with the strength of Mastercard's network. "We're proud to extend our relationship with Verizon and FNBO to connect the small business segment through meaningful technology and benefits." -Chiro Aikat, Executive Vice President, Products & Engineering, North America at Mastercard Jerry J. O'Flanagan, Executive Vice President, Partner Segment at FNBO, said, "FNBO has a rich history of helping small businesses grow and succeed, so we are excited to partner with such a respected brand as Verizon on the launch of their first program for small business."

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POS SOLUTIONS

LOOQ Launches Unattended Lobby Shop Self-Checkout Solution

LOOQ | July 05, 2022

At the 75th annual HITEC event, LOOQ announced the immediate availability of the Hotel Lobby Self-Checkout Kiosk leveraging artificial intelligence (AI) technology. Guests can simply pick up and charge sundry items directly to their rooms using a seamless POS/PMS integration or utilize secure credit-card payment. The entire transaction takes seconds and is totally self-serve for speed, accuracy, and guest convenience. This new solution enables owners and operators to offer guests a new level of service with no increase in staffing or labor costs. "With 25+ years of implementing POS and PMS technology in hotels, we saw a pressing need to improve guest service while eliminating labor." -Jacqlyn Rohlfs, Director of Implementation, at LOOQ. Positive Guest Experience As Lobby Shops have remained an important guest amenity at most properties, the experience has become less friendly. Without cashiers, transactions are often pushed to the front desk staff, who are already handling important guest interactions. With LOOQ, guests can simply charge sundry items themselves in a fraction of the time. The Lobby Shop experience is vastly improved and is extremely simple and fast for the guest. LOOQ is a compact station, with a camera-based AI recognition solution, guest touchscreen display, EMV credit-card terminal, and thermal printer. Industry Labor Shortage Today, and projected into the future, labor shortages will remain an issue. Attracting, training, and managing additional staff is a tremendous challenge. Even if candidates were available, the cost of labor and benefits has increased dramatically. This is one of the reasons LOOQ is an attractive alternative. The ROI for LOOQ is compelling compared to the cost of labor. In addition, we are finding outlets that are not always open due to a lack of labor, which is not a good situation for the property or its guests. About LOOQ- Founded by industry veterans, LOOQ is a newly created separate entity originally part of POS Upgrades (POSU) based in Orlando, Florida. LOOQ develops and builds AI-based self-service solutions with product and facial recognition capabilities for a wide range of retail and food service operations, including hotels, airports, venues, sports/entertainment, colleges, healthcare, and corporate feeding.

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