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U.K. Amazon Rival Ocado Has Faster Warehouse Robots

PYMNTS

online delivery market has so far been dominated by Amazon, but a popular new player, Ocado, has warehouse robots that travel three times the speed of Amazon’s, according to a report by Bloomberg. warehouse — ostensibly the most technologically advanced in Europe. warehouse — ostensibly the most technologically advanced in Europe.

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Kroger, Ocado Announce Two New Customer Fulfillment Centers

PYMNTS

Kroger and Ocado , one of the world’s largest online grocery retailers, have announced that Central Florida and the Mid-Atlantic will be the next regions for Kroger’s two newest customer fulfillment centers (CFC) in the U.S. As the U.S. which would make its home delivery platform available in the country.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

For starters, a customer may carry large balances but not generate franchise value if those balances are all in high-paying money market accounts or are highly volatile. Finding this intersection is the key to the efficient use of sales and marketing resources. We ranked the Top 20 Deposit-Rich Industries ( HERE ).

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FIS Buys Worldpay In $35B Cash, Stock Deal

PYMNTS

Fidelity Information Services ( FIS ), a global financial services technology company, announced Monday (March 18) it is merging with Worldpay , the global eCommerce and payments company, in a roughly $35 billion dollar deal. For Worldpay, it expands its distribution footprint and accelerates its entrance into new regions.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The upcoming launches in the Midwest – in one city that is considered the capital of the region, and in another that is a growing destination for young, digitally-minded professionals, including those priced out of the Chicago housing market – represent more significant progress for the new mobile network technology.

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Marks & Spencer Looks To Launch Food Delivery Service With Ocado

PYMNTS

In addition, the two launched a high-tech customer fulfillment center (CFC) in Ohio in November, and just last week announced that Central Florida and the Mid-Atlantic will be the next regions for two new CFCs. Last year, Ocado inked a deal with Kroger to be its exclusive partner in the U.S., giving it an entry in the U.S.

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Renaissance For Asian Tech IPOs?

PYMNTS

None other than the New York Stock Exchange anticipates that technology firms from that region will have a renaissance next year, with double-digit percentage gains over 2016 levels. That prediction comes from the head of the exchange’s global head of capital markets, Garvis Toler.

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