IoT is THE game changer for Retailers.

September 4, 2015

We talk of the next big revolution of the internet world. It is Internet of Things aka IoT. What can be more intimidating when objects of daily usage start talking among themselves and give us intelligent insights? Means to improve productivity increases four-fold.

Spotlight

Conferma Pay

Conferma Pay is a global payment technology company. Created in 2005 and acquired by Sabre in August 2022 with additional investment from Mastercard just 4 months later, Conferma Pay combines innovation and expertise to consistently find success when they push the boundaries of what can be achieved in the world of virtual payments. Conferma Pay connects issuers to more than 700 travel management companies, all five major global distribution systems and more than 100 corporate booking tools. Conferma Pay is fully integrated with all the major card schemes and serves more than 50 banking partners, who have issued Conferma Pay-generated virtual cards in 100 currencies across 197 countries.

OTHER WHITEPAPERS
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Air cargo and e-commerce enabling global trade

whitePaper | December 26, 2019

Our industry is set to double in size by 2035. IATA’s role is to facilitate the growth of civil aviation and cut airline costs by creating a better regulatory and business environment for our member airlines, and the stakeholders of the air cargo industry.

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Executive Summary of the KPMG Study ”Trends in Retail 2020“

whitePaper | November 12, 2019

The retail industry faces immense challenges in the coming years. These challenges include demographic change, raw materials becoming more expensive, consumers changing their behaviour due to increasing digitalisation and e-commerce. These are only some of the major changes currently taking place in the retail industry. The “Trends in Retail 2020” study performed by KPMG in Germany and the EHI Retail Institute highlights factors which will have a significant impact on the future development of the German retail market.

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Real-Time Payments Systems & Third Party Access

whitePaper | January 27, 2020

Just as digital technologies have transformed so much of our lives, from access to information to communicating, the adoption of digital payments is fundamentally transforming banking systems, commerce, and societies around the world. Digital payments are full of promise. They can bring new levels of convenience and efficiencies, security and transparency, access and growth. Countries that have rolled out payment systems are already reaping the benefits. However, due to the inherent complexities of financial systems and of deploying digital technology, there is no one-size-fits-all model.

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Environmental Analysis of US Online Shopping

whitePaper | December 22, 2019

Since the advent of the Internet in the 1990s, there has been a significant increase in online shopping in the United States. As online shopping keeps growing, so does the online retail industry. Multiple players are investing either through pure online retailing or by click and mortar retailing, which also has a physical presence and a face-to face experience with their customers. While significant research has been done on the operational, marketing, branding and buying behavior dimensions of both retailing processes.

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Retail Automation: Stranded Workers? Opportunities and risks for labor and automation

whitePaper | December 3, 2019

The retail landscape is experiencing unprecedented change in the face of disruptive forces, one of the most recent and powerful being the rapid rise of automation in the sector. The World Economic Forum predicts that 30-50% of retail jobs are at risk once known automation technologies are fully incorporated. This would result in the loss of about 6 million retail jobs and represents a greater percentage reduction than the manufacturing industry experienced. Using Osborne and Frey study1 with the Bureau of Labor Statistics, the analysis suggests that more than 7.5 million jobs are at high risk of computerization. A large proportion of the human capital represented by the retail workforce is therefore at risk of becoming “stranded workers.”

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The Power of Mobile POS Integrations for ISVs and SaaS Providers

whitePaper | March 31, 2022

The COVID-19 pandemic turbocharged merchants’ interest in mobile point of sale (mPOS) systems. mPOS untethers traditional POS solutions from fixed stations, allowing employees to collect payments via mobile devices like tablets and smartphones often with no physical contact with customers. In a pandemic, that’s a big advantage. After a slow start about a decade ago, mPOS systems have become increasingly popular in the last few years. In fact, NTT Data and Accourt Limited estimate that mPOS transactions will total $4 trillion, or half of all POS volume, in 2024.¹

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Spotlight

Conferma Pay

Conferma Pay is a global payment technology company. Created in 2005 and acquired by Sabre in August 2022 with additional investment from Mastercard just 4 months later, Conferma Pay combines innovation and expertise to consistently find success when they push the boundaries of what can be achieved in the world of virtual payments. Conferma Pay connects issuers to more than 700 travel management companies, all five major global distribution systems and more than 100 corporate booking tools. Conferma Pay is fully integrated with all the major card schemes and serves more than 50 banking partners, who have issued Conferma Pay-generated virtual cards in 100 currencies across 197 countries.

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