eCommerce Drives Logistics Job Boom

pymnts | February 10, 2020

The rise of eCommerce is an inexorable one, with real-world ripple effects that extend all the way to feet and wheels on the street  and, by extension, burgeoning payrolls. To that end, hiring within the logistics sector has gained ground, even beyond the holiday season. This has given rise to the structural shift in the job market, as Amazon and other firms strive to meet the growing demands of one-day and even same-day delivery. In terms of headline numbers, the U.S. Bureau of Labor Statistics said at the end of last week that January saw the 11th straight month of gains within consumer and messenger jobs, with the latest month showing 14,300 new jobs added.

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Datalogic announces the simple solution for produce identification at grocery POS

Datalogic | January 31, 2022

Datalogic, a global leader in the automatic data capture and factory automation markets, is excited to announce the new Magellan™ 9800i TDi (Top Down imager). A color camera accessory for the flagship Magellan 9800i bi-optic multi-plane scanner. Retailers can now add time-saving AI-based features like produce identification to one of the world’s most powerful fixed retail scanners. The evolving retail environment faces the challenge of fast throughput and easy produce identification. The current check out process can be slow, cumbersome, and prone to errors. Customers, especially at self check-out systems, often have to wait while produce is being identified, leading to frustration when having to manually pick from a list of possible matches. These types of mistakes can be costly for retailers due to lost revenue and low customer satisfaction. The Magellan 9800i TDi cuts the produce identification time down from 15 to 2 seconds. Top class imaging and lightning-fast AI ensure that the user experience is seamless. The Magellan 9800i TDi is 7” (17.78cm) high and fully integrated with the Magellan 9800i. Datalogic has utilized the same form factor and rugged features as the successful TDR (Top Down Reader), ensuring years of trouble-free service. The Magellan 9800i TDi captures clear color images which can then be fed into AI or machine learning software to enable powerful features like Produce Identification. The Magellan 9800i TDi is compatible with third-party software applications utilizing the USB Video Camera (or UVC) interface protocol. Datalogic has agreements in place with the major AI software vendors, making the upgrade process simple. Like the TDR, the Magellan 9800i TDi is easily retrofittable to your existing Magellan 9800i and allows our customers to leverage the investment they’ve already made. The added image capture capability of the Magellan 9800i TDi utilizes white light illumination that is synchronized with the red illumination in the base scanner. Not only does it provide perfectly captured images, but the white light assists by “seeing” items that are within transparent or semi-opaque bags. Additionally, the Magellan 9800i TDi can co-locate with our existing TDR, which means current Magellan 9800i customers don’t need to give up market-leading barcode scanning performance to gain powerful color image capture functionality. Color cameras and imagers are growing in popularity in the retail world as a great way to enhance the check-out experience in both manned and self check-out lanes. Image recognition and object detection help retailers provide a more satisfying and error-proof shopping experience for their customers. With the Magellan 9800i TDi, Datalogic makes the process of adding produce recognition to your retail operation as simple as possible. About Datalogic Group Global leader in the automatic data capture and factory automation markets since 1972, Datalogic empowers the efficiency and quality of processes in the Retail, Manufacturing, Transportation & Logistics and Healthcare industries. Datalogic S.p.A. is listed in the STAR segment of the Italian Stock Exchange since 2001 as DAL.MI.Datalogic and the Datalogic logo are registered trademarks of Datalogic S.p.A. in many countries, including the U.S.A. and the E.U. Other trademarks belong to their respective owners.

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POS SOLUTIONS

Borqs Technologies Shipped Mobile Point-of-Sale Devices to the Largest Mobile Operator in India

Borqs Technologies | January 21, 2022

Borqs Technologies, Inc. (Nasdaq: BRQS, “Borqs”, or the “Company”), a global provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, with operations in the U.S., India and China, today announced that it has shipped more than US$3 million value of mobile point-of-sales (POS) devices to the largest mobile operator, one of the Fortune 500 companies, in India in December 2021. Borqs designs the POS IoT device with key technologies to work particularly for the India market, including the latest radio bands, payment methods, etc. Borqs’s POS device has passed India’s mobile payment certifications and mobile operator certifications. Borqs currently employs approximately 300 staff worldwide, with more than 73% in India, 7% in the US, and 20% in China and other markets. The Company believes that the India market is strategic and critical to the Company’s business. Historically the India market and the U.S. market have been contributing the majority of revenue to the Company. India is one of the fastest growing economies in the world and offers great potential for business opportunities. Along India’s economic growth, an increasing number of people are moving up to the middle class and with rising disposable income. India's middle class is expected grow to 580 million people by 2025. Under the growing consumer spending trend in India, Borqs’s relationship with the largest India mobile operator will continue to help the Company to expand its IoT products in India. About Borqs Technologies, Inc. Borqs Technologies is a global leader in software and products for the IoT, providing customizable, differentiated and scalable Android-based smart connected devices and cloud service solutions. Borqs has achieved leadership and customer recognition as an innovative end-to-end IoT solutions provider leveraging its strategic chipset partner relationships as well as its broad software and IP portfolio. Borqs’ unique strengths include its Android and Android Wear Licenses which enabled the Company to develop a software IP library covering chipset software, Android enhancements, domain specific usage and system performance optimization, suitable for large and low volume customized products. The Company is also currently in development of 5G products for phones and hotspots. Borqs recently acquired controlling interests in a solar energy storage systems company in the U.S.

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POS RETAIL

NRS Partners with OnPoint to Offer Services for Independent Retailers

National Retail Solutions | April 08, 2022

National Retail Solutions (NRS), operator of the nation’s leading point-of-sale (POS) network and payment processing service for independent retailers, today announced a partnership with OnPoint, a leading provider of scan data programs for the independent and small chain C-store market. Through the partnership, OnPoint will promote the NRS POS system and payment processing service to prospective C-store clients who require a robust POS solution to utilize OnPoint’s scan data programs and full calendar of center-store promotions. “NRS and OnPoint provide complementary, synergistic offerings to help independent retailers successfully compete against larger retail chains. Our partnership positions both companies to expand our respective networks while providing independent retailers with powerful tools to enhance profitability and extend market reach.” Elie Y. Katz, CEO of NRS NRS’ POS network currently provides over 16,000 retailers with powerful tools and services enabling them to compete effectively with large retail chains. NRS’ payment processing solution, NRS PAY, is a rapidly growing credit card and electronic payment processing service utilized by over 8,000 retail stores. OnPoint’s partnership with NRS is supported by WAM, a nationwide network of distributors in the C-store space and the owner of OnPoint. OnPoint provides scan data services exclusively to the independent and small chain C-stores served by the WAM network. “A significant portion of the retailers throughout the WAM network are looking for an affordable and easy to use POS system that is compatible with OnPoint, so that they can take advantage of all the value-added services that we provide. Our partnership with NRS provides a best-in-class, turn-key solution for this,” said Win Schiller, President of OnPoint. About National Retail Solutions (NRS) National Retail Solutions operates a point-of-sale (POS) terminal-based platform and digital payment processing service for independent retailers and bodega owners nationwide. Retailers utilize NRS offerings to process transactions and manage operations more effectively. Advertisers access the terminal’s digital display network to reach these retailers’ massive, predominantly urban customer bases. Consumer packaged goods (CPG) suppliers leverage the NRS platform to provision promotions, coupons and special offers to independent retailers. About OnPoint OnPoint is a scan data service provider that was developed specifically to help independent and small chain convenience stores be more competitive and increase profitability. Our powerful scan data solution allows retailers to take advantage of the tobacco scan programs and center-store promotions from the best brands. OnPoint is owned by the WAM group. About WAM WAM is a nation-wide network of 25 convenience store distributors servicing over 13,000 zip codes. These distributors do $10.8 billion in aggregate sales annually and service over 23,000 C-stores, making the WAM group the third largest distribution entity in the c-store channel.

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POS SOLUTIONS

Paysafe and Playtech Form Global Payments Partnership

Paysafe | May 09, 2022

Paysafe (NYSE: PSFE), a leading specialised payments platform, today announces a new global partnership with Playtech (LSE: PTEC), the world’s leading gambling technology company. The new agreement represents the extension of an existing partnership between the two companies into the UK and Europe from the US, where Playtech offers Paysafe’s leading payment solutions to iGaming operator customers through its technology platform. Through a single, global streamlined integration with Paysafe’s API, operators in the UK and Europe will now also be able to leverage Playtech’s iGaming PAM, Information Management Solution (IMS) platform to access a range of Paysafe’s payment solutions, starting with payment acquiring and card processing, with Paysafe’s digital wallet services set to follow. The integration helps to maximise consumer choice by providing players with all the ways they want to pay when betting online. The partnership extension follows Paysafe and Playtech’s successful US integration with betPARX®. Paysafe has powered the gaming operator’s traditional and alternative payment solutions for its iGaming brand Play Gun Lake in Michigan since Q2 2021 and, from Q1 2022, for its betPARX iGaming and sportsbook app for both Pennsylvania and New Jersey. Both founded in the late 1990s, Paysafe and Playtech bring together a combined 40+ years of industry experience and a deep understanding of iGaming regulation across audiences and markets. With a technology-focused heritage, the two companies are focused on driving new innovations which offer the ultimate player experience and are designed to support the growth of partner businesses. “Playtech is an exciting global gaming brand committed to offering its operators a frictionless payments experience. We’ve seen great success in the roll-out of our collaboration across multiple US state markets and are delighted to be extending this into the UK and Europe via the same, single technology integration. Bringing together our respective capabilities and deep expertise and understanding of the international iGaming, technology and payments industries represents an incredibly powerful combination, and I am looking forward to helping the Playtech team grow their business further in new European markets.” -Paulette Rowe, CEO of Integrated and Ecommerce Solutions at Paysafe About Paysafe Limited Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading specialised payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualised transactional volume of US $120 billion in 2021, and approximately 3,500 employees located in 10+ countries, Paysafe connects businesses and consumers across 100 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. About Paysafe iGaming Paysafe brings over two decades of specialized payments experience supporting the global iGaming and sports-betting sectors and provides operators with a comprehensive suite of traditional and alternative payment methods through a single, streamlined API integration. Paysafe is also a leader in digital and affiliate marketing technology and services for iGaming operators through its Income Access business unit. Since the opening-up of the U.S. iGaming market in May 2018, Paysafe has consistently stated its ambitions to be the payments leader in the fast-growing sector, building on its leadership in Canada and Europe. As of May 9, 2022, the company supports 75% of operators in the country with payments or marketing solutions across 21 jurisdictions. In Canada, Paysafe also has a leading position and partners with the majority of regulated iLottery and gaming brands. About Playtech Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling and financial trading industries with over 7,000 employees across 24 countries. Playtech is the gambling industry's leading technology company delivering business intelligence driven gambling software, services, content and platform technology across the industry’s most popular product verticals, including, casino, live casino, sports betting, virtual sports, bingo and poker. It is the pioneer of omni-channel gambling technology through its integrated platform technology, Playtech ONE. Playtech ONE delivers data driven marketing expertise, single wallet functionality, CRM and responsible gambling solutions across one single platform across product verticals and across retail and online. Playtech partners with and invests in the leading brands in regulated and newly regulated markets to deliver its data driven gambling technology across the retail and online value chain. Playtech provides its technology on a B2B basis to the industry’s leading retail and online operators, land-based casino groups and government sponsored entities such as lotteries. Playtech directly owns and operates Snaitech, the leading sports betting and gaming company in online and retail in Italy.

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A common protocol for all Ethereum tokens to follow that allows blockchain developers to predict how a token will function within the Ethereum ecosystem and ensures interoperability across the network.

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