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Grocers Pilot Micro-Fulfillment Centers To Speed Up Online Orders

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The shop owners are looking to see if automation can make deliveries quicker while keeping costs down, as they work with a new roster of companies that seek to increase the efficiency of online order fulfillment in a small amount of space, The Wall Street Journal reported. Online orders still comprise a small portion of the U.S.

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Why Invisible Will Make 2020’s Payments Innovation Roar

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Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

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Delivering Restaurant Innovation With Mobile Tech

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These are some of the ways that innovators in the dining space are making it easier for consumers to order their favorite foods — and for restaurants to accept their orders: The projected value of online restaurant delivery sales by 2022, compared to $25 billion today, is $62 billion.

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The Great Online Innovation Pile On Of 2017

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There seems to be an awful lot of piling on these days on the big online platforms. In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. When Amazon was just about selling books online, its competition was the physical bookstore. Then there’s Amazon.

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South Korea FinTech Gets Initial Approval For Online Bank

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With a digital bank license, we will be able to broaden our product offering … so that we can accelerate our mission to innovate the financial industry,” said SG Lee, CEO of Viva Republica. Since its launch in 2015, Toss has become the only FinTech unicorn in Korea. Valued at $2.2

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Digital Freight Services Race Toward More Cash And Last Mile Innovation

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The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said.

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EMV’s Online Fraud Attack Push

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Though the industry knew it was coming, the sharp migration of fraud from in-store to online channels with the growing adoption of EMV is still enough to keep any online merchant up at night. The data show that since the October 2015 EMV liability shift, United States fraud attacks have jumped by 11 percent.

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