Robotics & Automation News

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payment

AutoStore launches pay-per-pick option to meet ‘fast-growing demand’ for its fulfillment automation

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AutoStore has made its warehouse automaton system available as a pay-per-pick service. 

The company says its new offering will “enable a lower entry price point to help retailers meet the growing need for more efficient warehouse operations and faster customer delivery”.

AutoStore also signed a global distribution partnership agreement with THG Ingenuity, the direct-to-consumer digital brands group. [Read more…] about AutoStore launches pay-per-pick option to meet ‘fast-growing demand’ for its fulfillment automation

Abrantix launches new robot to test payment terminals

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Imagine being able to test multiple physical payment terminals at the same time, using a purpose-built robot of industrial quality. With Abrantix’s new Robot T4 this becomes a reality.

The Swiss payment technology expert says its latest addition to its product portfolio can check up to four terminals simultaneously.

Martin Gloor, chief product officer, says: “Thanks to our many years of experience and through conversations with our clients we know that scaling robotic testing for payment terminals is a key feature that the market needs.” [Read more…] about Abrantix launches new robot to test payment terminals

Crypto: Reshaping Future

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Several technological advances have been hailed as game-changers in the corporate future. Organizations have depended on technology for decades to function more efficiently and securely.

Blockchain is undeniably exciting. While opinions will always range on which technology will have the most impact.

Transactions are secured in a secure digital ledger that can be audited. Keyless signature systems and the ability to track products from farm to table are just two of the many benefits. [Read more…] about Crypto: Reshaping Future

What are the main benefits of Bitcoin? Get all the essentials

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Have you ever thought about what are the main benefits of Bitcoin and why are people using it so often while shopping online? It seems that a great majority of individuals and companies are using Bitcoin as their main method of payment online for numerous reasons.

Bitcoin represents the decentralized digital currency that is able to be sent from one user to another on the P2P network (peer-to-peer) without any need for any kind of the third party between them. All the transactions are being recorded in the blockchain, which is a public distributed ledger, and verified by network nodes.

The reason why bitcoin is so popular is that there are many benefits to this method of payment. In the following, we will tell you what are the advantages of this method of payment and why you should consider paying in the future exclusively with Bitcoin. [Read more…] about What are the main benefits of Bitcoin? Get all the essentials

6 Ways Restaurant Technology is Automating and Optimizing Operations

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With the increase in competition and advancement in restaurant technology, businesses have to automate their operations to meet the ever-changing customer demands.

Restaurant technology speeds up processes, optimizes operations, increases customer satisfaction, and provides a cost-effective way to run the organization.

Read on for six ways restaurant technology is automating and optimizing operations. [Read more…] about 6 Ways Restaurant Technology is Automating and Optimizing Operations

Daimler buys PayCash in anticipation of new motoring culture

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daimler car2go

The way people get around is going to change, with more people deciding that they don’t want the hassle of owning a car – they just want to hire one from time to time.

This seems to be the prevailing view among established automakers such as Daimler, parent company of Mercedes-Benz, as well as new entrants to the motoring market, such as the smartphone apps which enable users to hail cabs and so on.

In the latest development towards the new motoring world, Daimler has paid an undisclosed sum to buy PayCash, which will become the electronic payment system for the services of the Daimler under the new brand name “Mercedes Pay”, which enables payment through smartphones.  [Read more…] about Daimler buys PayCash in anticipation of new motoring culture

What the auto industry can learn from payments sector about cybersecurity

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ultimaco information security

By Johannes Lintzen, vice president of sales and business development at Utimaco

Most big automotive brands have been around since the time “before connected cars”. Since automobiles are typically built incrementally through a complex supply chain, combining existing and new technologies developing at different speeds, it is difficult to ensure that a vehicle is entirely connected.

This includes being accessible for over the air software updates as well and being protected against security breaches, while protecting a driver’s privacy – all at the same time.

With the increase in connected cars on the roads, and an industry disruptor in the name of Tesla, many in the automotive industry are looking for ways to secure their products. There are some key similarities between the auto industry’s current situation, and what payment companies had to consider with the advent and wider adoption of payment cards. [Read more…] about What the auto industry can learn from payments sector about cybersecurity