Computop, the global payment processor, and Eckoh (AIM: ECK), the global provider of Secure Payment products and Customer Contact solutions, are partnering to further augment payment security for card-not-present (CNP) payments. Through this relationship, retailers benefit from enhanced payment security across every channel, increasing customer satisfaction.
Retail Data Capture Technology News
Automatic Identification and Data Capture (AIDC) refers to the process of automatically identifying and collecting data about objects/goods, then logging this information in a computer. The term AIDC refers to a range of different types of data capture devices. These include barcodes, biometrics, RFID (Radio Frequency Identification), magnetic stripes, smart cards, OCR (Optical Character Recognition) and voice recognition. AIDC devices are deployed in a wide range of environments, including: retail, warehousing, distribution & logistics and field service.
Computop and Eckoh partner to provide retailers with enhanced security for card-not-present payments
Aug 18, 2020 Comments (0)
Aug 10, 2020 Comments (0)
By Natasha Bougourd, a lead applications writer at TSG.
Technology has come a long way in the past decade, and the telecoms industry is no exception. Since 2010, this sector has seen incredible advancements and the worldwide revenue of telecoms services is estimated to be £1,026 billion.
Aug 05, 2020 Comments (0)
The global pandemic has crippled supply chains and left retailers and consumer goods manufacturers out of step with consumer demand.
Central England Co-op launches self-scan till trial in effort to offer customers best shopping experience
Aug 03, 2020 Comments (0)
Customers at a Central England Co-op store can now make use of its first-ever self-scan tills as part of an exciting new trial.
Jul 29, 2020 Comments (0)
Anderson Zaks, an independent Payment Service Provider and Payment Gateway has launched its card payment app, Red-E-Pay.
Jul 29, 2020 Comments (0)
Customer data analysis by Allstar Business Solutions has revealed the easing of lockdown has prompted the green shoots of recovery in business travel, with an estimated 54 million extra miles travelled by wholesale and retail companies in June compared to May - up almost half (46.0%) month-on-month.
Retailers gain deep data insights to better tailor online sales by product, audience, market and geography
Jul 29, 2020 Comments (0)
GoodData, a provider of end-to-end analytics solutions, has announced that Zalando, a European online platform for fashion and lifestyle, is using GoodData technology to provide brands with detailed access to data to help them better target their customers and grow their businesses.
Jul 27, 2020 Comments (0)
Digital technologies are increasingly exerting pressure on incumbents across industries to fundamentally reconsider their business models while giving rise to smaller, agile players that are enabling innovation and disruption in many aspects of the business, says GlobalData, the data and analytics company.
Jul 20, 2020 Comments (0)
BigCommerce, the open SaaS ecommerce platform for fast-growing and established brands, has rolled out a new integration with global payments platform Adyen, giving more than 60,000 merchants on BigCommerce access to an all-in-one payments solution.
Jul 14, 2020 Comments (0)
Ingenico Group, the seamless payments solutions provider, has unveiled a new offering for digital businesses specifically designed to reach peak payments conversion.
Automatic Identification and Data Capture (AIDC) refers to the methods of automatically identifying objects, collecting data about them, and entering that data directly into computer systems (i.e. without human involvement). Technologies typically considered as part of AIDC include bar codes, Radio Frequency Identification (RFID), biometrics, magnetic stripes, Optical Character Recognition (OCR), smart cards, and voice recognition. AIDC is also commonly referred to as “Automatic Identification,” “Auto-ID,” and "Automatic Data Capture."
Barcoding has become established in several industries as an inexpensive and reliable automatic identification technology that can overcome human error in capturing and validating information. AIDC is the process or means of obtaining external data, particularly through analysis of images, sounds or videos. To capture data, a transducer is employed which converts the actual image or a sound into a digital file which can be later analysed. Radio frequency identification (RFID) is relatively a new AIDC technology which was first developed in 1980’s. The technology acts as a base in automated data collection, identification and analysis systems worldwide
In the decades since its creation, barcoding has become highly standardised, resulting in lower costs and greater accessibility. Indeed, word processors now can produce barcodes, and many inexpensive printers print barcodes on labels. Most current barcode scanners can read between 12 and 15 symbols and all their variants without requiring configuration or programming. For specific scans the readers can be pre-programmed easily from the user manual.
Despite these significant developments, the adoption of barcoding has been slower in the healthcare sector than the retail and manufacturing sectors. Barcoding can capture and prevent errors during medication administration and is now finding its way from the bedside into support operations within the hospital.
RFID is the wireless non-contact use of radio-frequency electromagnetic fields to transfer data. Unlike a bar code, the tag does not necessarily need to be within line of sight of the reader, and may be embedded in the tracked object. It can also be read only or read-write enabling information to be either permanently stored in the tag or it can be read-write where information can be continually updated and over-written on the tag.
RFID has found its importance in a wide range of markets including livestock identification and Automated Vehicle Identification (AVI) systems and are now commonly used in tracking consumer products worldwide. Many manufacturers use the tags to track the location of each product they make from the time it's made until it's pulled off the shelf and tossed in a shopping cart.
These automated wireless AIDC systems are effective in manufacturing environments where barcode labels could not survive. They can be used in pharmaceutical to track consignments, they can also be used in cold chain distribution to monitor temperature fluctuations. This is particularly useful to ensure frozen and chilled foods have not deviated from the required temperature parameters during transit.
Cost used to be a prohibitive factor in the widespread use of RFID tags however the unit costs have reduced considerably to make this a viable technology to improve track and trace throughout the supply chain. Many leading supermarket chains employ RFID insisting that their suppliers incorporate this technology into the packaging of the products in order to improve supply chain efficiency and traceability.