Tag: business technology news

VendScreen to unveil mobile payment technology for vending machines

Jesse Collins
Mobile Commerce

VendScreen has announced that it will be beginning the initial release of its mobile payment technology at the upcoming NAMA One Show in Las Vegas next month. The concept behind the VendScreen device is that it can be installed into any existing vending machine in order to be able to receive payments for the products it contains through the use of a credit card, loyalty card, or online account and, potentially in the future, discount QR codes from advertisers, as well. The smart device is Android-based and wirelessly connects to…

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PayPal to announce intention to launch competition for Square

L. Green
Paypal Mobile Payments

On Thursday, PayPal will be announcing a small business solution that will include a dongle for mobile payments which will provide direct competition to Intuit (intu), Square, Verifone, and others. This PayPal dongle, which will be triangle-shaped, will make it possible for small business owners to be able to process the swipe of a credit card by using a smartphone, in a way that is comparable to PAYware by Verifone, Square, and GoPayment at Intuit. This effort will align well with PayPal’s recent efforts to carry its payment services into…

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Microsoft shows off their new augmented reality mirror called Holoflector

Stephen Vagus

Microsoft is currently working on a new type of augmented reality system that could change the way people see themselves. The famed technology company showed off a series of prototypes this week at the Microsoft TechForum event in Redmond, Washington, for their new augmented reality mirror called the “Holoflector.” While the name may sound a little corny, the technology behind the system is the true star. Microsoft claims that their system is one of the most advanced AR systems and was eager to show off how it worked. The Holoflector…

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Texas Instruments shows off new OMAP 5 platform at the Mobile World Congress in Spain

Stephen Vagus
Texas Instruments OMAP 5 platform

Texas Instruments Incorporated (TI), a global technology development company, has big plans for augmented reality and will be showing of the latest version of its OMAP mobile processors at the Mobile World Congress conference this week in Barcelona, Spain. The company’s OMAP 5 platform, the latest development to their popular line of processors, will incorporate several new technologies that will make it one of the most powerful and versatile processors available. TI believes that the OMAP 5 will show people a new side of augmented reality that could change their…

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Augmented reality system could help astronauts perform complicated surgeries while on mission

Stephen Vagus

Augmented reality has been gaining more attention for its possible applications in the medical field. The technology could give surgeons a way to perform surgeries. The European Space Agency (ESA) has developed a new augmented reality system called the Computer Assisted Medical Diagnosis and Surgery System (CAMDASS). The agency believes that this system could be a major benefit for astronauts with medical training and could prepare them for any medical emergencies that arise during lengthy missions. Currently, CAMDASS is being used for diagnostic purposes. Using the system’s head-mounted device, astronauts…

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