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The bank hopes to equip its employees with skills in these areas, under a partnership with cloud services provider Amazon Web Services (AWS). DBS Bank will accelerate the use of artificial intelligence (AI) and machine learning (ML) across its business by…
Demand for retail goods continues to grow exponentially in today’s omnichannel world. In addition to this, COVID-19, which has seen a huge increase in activity within the e-commerce space, has put retail businesses and supply chains under even more pressure…
China’s largest coffee chain Luckin Coffee is moving into the vending machines market. “It allows us to get closer to consumers and we are not restricted by the license approvals,” said Luckin founder and CEO Qian Zhiya of the new strategy. Luckin’s machines…
Hong Kong Customs has conducted a territory-wide operation to combat counterfeit dolls in claw machines. Codenamed “Octopus”, the operation proceeded from June 5–13 and resulted in the seizure of about 2700 suspected counterfeit dolls and other relevant items…
Royal Vending has launched 35 cashless-enabled vending machines in a cluster it calls Boardwalk Advendture. Featuring more than 50 brands, Boardwalk Advendture is the first automation cluster set in a tourist attraction which the company says ushers in a new…
The US motor vehicle industry appear to have removed the last piece of personal interaction involved in the process of purchasing a car, with the launch of car vending machines. Shoppers who prefer to bypass physical dealerships can now order and pay for…
Uniqlo has deployed its first apparel vending machines at key locations across the USA, as the Japanese retailer looks to enter new markets. Dubbed ‘Uniqlo to Go’, the fashion vending machines are popping up in select American airport terminals during August.…
Chinese supermarket chain New Hua Du Supercenter has acquired a vending-machine company just weeks after Alibaba and Auchan launched self-service convenience stores. Based in Fujian, the chain says it has signed an equity-swap agreement with Beijing Ubox…
DHL introduced a new integral part of its Resilience360 supply chain risk management platform called DHL Supply Watch. The extension of DHL’s early warning system uses machine learning and natural language processing to detect disruptions in a company’s…
Machine learning in 2017 will become a mainstream tool for communications providers struggling to transform data overload into actionable analytics, according to Argyle Data. “The telecommunications industry is drowning in data,” said Padraig Stapleton, VP of…
Huawei has developed a prototype technology involving using machine learning to achieve intelligent, automated network traffic control. The vendor’s Noah’s Ark Laboratory has announced results of tests into Network Mind, a prototype technology designed to…
Deputy Director of the BI Financial Management Department Asral Mashuri in Jakarta, Tuesday 4, 2016, said that Bank Indonesia (BI) is planning on implementing a coin deposit machine to ease people in saving the form of money. “The machine would look like an…
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