Minimum Wage Pressures and a Tight Labor Market are Driving the Need for Automation at the Retail Level
According to the Labor Department, the unemployment rate in the U.S. recently fell to 3.6%, the lowest level it’s been since 1969. While good news for those seeking jobs, this tightening labor market makes it more challenging for companies to hire and retain...In the Retail Segment, Cash Still Reigns Supreme
Retail trends are changing, but one thing remains the same: the popularity of cash as a proven payment method. With a whopping overall consumer spend estimated at $2.3 trillion, the good ol’ American greenback continues to trounce not only its plastic competitors, but...
Tidel’s IoT Integration in the Retail Industry
The Internet of Things has changed the retail world significantly by making it easy to track consumer behavior, operating costs, and revenue all in real-time. Internet of Things refers to the network of devices that connect to the Internet and help companies monitor...
Amazon Cash Partners Need Secure Solution for Storing Cash
According to a recent study by the FDIC (Federal Deposit Insurance Corporation), 7% of the US population does not have a bank account1. The same study also found that an additional 20% of Americans are “underbanked”, meaning they have a bank account, but routinely use…
