How Far RFID goes…NYSE?

The magic of RFID on wristbands is not so unique anymore.  Almost every large venues were utilizing RFID to monitor and handle their patrons.  Yet, we were surprised if the NYSE also utilized this device for the brokers on the trading floors.

To help reduce the problem and tighten security, the New York Stock Exchange will be partnering up with AeroScout to create a real-time locating system (RTLS) that will track RFID embedded handheld computers. By doing this, traders will not be able to pass from one trading floor to another with their handheld computers, and therefore will not be able to make unauthorized transactions.

RFID Portable Device

Every tablet will have an RFID tag on it, which has a unique ID number associated with the trader who is using that specific tablet. It will include data such as the trader’s name and where that tablet is permitted to be used, or rather what floor it is allowed to be on. Every time and anywhere that tablet moves, a signal is emitted and picked up by RFID readers that are placed all over the facility. That way it will be noted if the trader is in an unauthorized area, when, for how long, and what data was being exchanged during that process.

“They do not worry with the people, they just worry to the devices, because these computers are executing the transactions”.    

The NYSE will be giving traders a Fujitsu tablet computer that will let them conduct trading, communicate with others who are another floor, as well as searching for information on the internet. Regulations require that traders cannot carry these tablets from one floor to another, where they can attain non-public information about certain companies that could be used to unfairly make sales transactions and therefore would have an effect on stock value.

Another benefit of this is that it will eliminate the need for security guards on the NYSE’s floor who are hired to prevent computers from being passed from one floor to the next. This does save money, but a huge part of it is that there’s always room for human error, as well as corrupted security guards who may take a payoff in exchange for keeping their mouths shut. I’m not saying that this actually does happen, but it might, and we may not know about it.

This is a pretty good idea, and I’m curious to know if this new strategy angers traders that work at the New York Stock Exchange. It will definitely help fraud inside the actual facility, but there are plenty of other stock crimes that can take place outside of the facility. Let’s see what happens.

Why Wristbands are the Hottest Device in Ticketing Business

Safety & Security are the common reasons to use all-in-one wristbands

All-in-one wristbands are a wise business choice for all-inclusive resorts. Constructed of multi-layered vinyl for unbeatable strength, durability, and comfort, PDC vinyl wristbands are not only ideal for multiple days of active fun at all-inclusive resorts, but also provide numerous benefits to both guests and personnel. Following are nine wise reasons why vinyl wristbands are a wise choice for all-inclusive resorts to put to use:

1.    Improve security. Vinyl wristbands make identifying guests quick and easy, adding an extra layer of security to resort grounds. Since vinyl wristbands are colorful, durable, and non-transferable, personnel can easily identify guests and non-guests stand out like a sore thumb. With just a glance at the wrist, staff can quickly spot any suspected trespassers.

2.    Lost children identification program. Do you remember that feeling when you were a kid—looking up to say something to your parents, but they were gone? Getting lost is scary—for both the child and his or her parents. Vinyl wristbands enable parents to take a proactive approach just in case their child wanders away from them and gets lost at the resort. Using a permanent marker, parents can write their child’s name, their own names, their cell phone number and room number directly on the vinyl wristband. If a child is lost, resort staff can reunite them with their parents in no time at all.

3.    Age identification for special access. If alcohol is served at the resort, identification can be verified at check-in. Anyone aged 21 and over can be given a distinctly colored vinyl wristband to wear so that bartenders and wait staff know it is okay to serve them alcoholic beverages. It eliminates the need for staff to check IDs over and over again. Maybe kids in specific age groups get different colored wristbands, too. Ages 0 – 5 are allowed in the “kiddie pool” while ages 6 and up are allowed on big slides. These strategies help staff do their jobs more effectively while also making guests feel like they belong to part of a group.

4.    Prevent counterfeits and frauds. You can custom print the all-inclusive resort’s logo, a sponsor’s logo, and/or any promotions directly onto vinyl wristbands. It is an effective way to prevent counterfeiters from freely using accommodations, participating in events at the resort or taking advantage of special discounts. It’s yet another level of security.

5.    Control access to private events. All-inclusive resorts are often host to corporate events, special events, and weddings. Custom vinyl wristbands can assist staff to control access to rooms where these events take place. Neither general resort guests nor the public will be able to get in—keeping the event a private affair.

6.    Durable and waterproof. Sometimes having fun involves heavy exposure to sun, sand, dirt, sweat and water. Because vinyl wristbands are waterproof and extremely durable, they can be worn for several days or even a couple weeks and endure every moment of fun guests experience. All-inclusive resort guests can fly down water slides all day, swim until their fingers are wrinkled or go on numerous outdoor adventures without worry of destroying their wristband. Vinyl wristbands can survive any wear and tear. They are so strong that cutting the wristband with pair of scissors is about the only way to remove it.

7.    Enhance brand image. How about a walking advertisement? Custom printing onto vinyl wristbands can achieve just that. When guests participate in off-resort activities, their wristband with an imprinted logo is sure to catch the eye of people they encounter igniting conversations, which will lead to a first-hand testimonial about the all-inclusive resort. Nothing works better than word of mouth advertising!

8.    Sponsorships for joint promotions. Many sponsors are willing to help pay for all-inclusive resort wristband programs if their logo or special promotion is imprinted on the vinyl wristband. It’s a lot like selling advertising space. Guests are introduced to the sponsor as soon as the vinyl wristband goes on their wrist—and reminded of the sponsor every time they look at their wrist. Just like the all-inclusive-resort, sponsors also get the benefit of word-of-mouth advertising when guests step out to enjoy adventures off resort grounds.

9.    Keepsakes. Since vinyl wristbands come in vibrant colors and cool designs, they make for great keepsakes. Guests often wear their wristbands weeks or months after their stay, holding onto memories of a fun get-away with their family or friends. For all-inclusive resorts, the extended wear of vinyl wristbands—long after guests have checked out—is bonus advertising at work.

Source: www.wristbands.com – Direct Custom Made Wristbands Manufacturer in USA since 1956