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Retail Pulse: IKEA To Open ‘Planning Studio’ In NYC; Pizza Hut Will Acquire QuikOrder

PYMNTS

Yet the move comes as IKEA has curtailed its planned new stores, having canceled planned locations in North Carolina, Arizona and Tennessee amid a shift to eCommerce. As it stands, Amazon Go stores in Seattle, Chicago and San Francisco use the cashierless technology. restaurants. for close to 20 years.

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Digital License Plates Vie For Place In Connected Car Ecosystem

PYMNTS

The plates also offer geo-fencing technology that, at least for now, is meant to track “government or business vehicles,” though it could soon help with automated parking and serve as a conduit for marketing tasks. Besides California, states such as Arizona, Texas and Florida are moving toward use of digital license plates.

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Metromile CEO: Why Auto Insurance Is Ready For A Digital Lane Change

PYMNTS

However, new technology is able to track the true number of miles driven by a car, and can even track how a driver handles a car. With that new business model and technology, Metromile launched in 2016 and is currently available in eight states, which include California, New York, Washington, Pennsylvania and Arizona.

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Uber’s Ecosystem Ambitions, Plus Amazon Sizzles While Facebook Fizzles

PYMNTS

This week saw Uber carry on in its payments-innovating tradition with the rollout of Uber Cash earlier this week, providing a closed-loop payment network that lets consumers easily add funds to its stored value account for use across the Uber ecosystem. Average amounts spent per user grew by 43 percent year on year to RMB 2,955.

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Fintech Trending: Bots Break Out, AI Gets Personal, and Blockchain Buys the Farm

Fintech Labs Insights

After all, we read about new technologies every day. Is anybody, any bank, any business in the real world actually putting this great looking, great sounding technology – these bots, this blockchain – to the test? “Backbase promises 60-second customer on-boarding with new solution” – Banking Technology.

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TRENDING: Are Credit Unions The Hipster FI?

PYMNTS

Today, more than a century later, that credit union is still operational and is now focused on serving a new type of member: millennials. Recent rule changes and product innovations are promising to help the CU market better serve its members. From mill works to millennials … the nation’s oldest credit union speaks.

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