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Amazon To Build $40M Robotics Innovation Hub Near Boston

PYMNTS

Amazon is planning to build a $40 million state-of-the-art robotics innovation hub near Boston that will result in the creation of 200 tech and manufacturing jobs, Amazon announced in a press release Wednesday (Nov. The new facility will be in addition to the Amazon Robotics site in North Reading, Massachusetts. Massachusetts Gov.

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4,000 Years In, Bringing Innovation To Mead (Yes, Mead)

PYMNTS

The honey-based fermented beverage (sometimes called “honey wine” though dedicated mead drinkers affirm that mead is a fundamentally different drink than wine) has been something of a niche or regional favorite for the last five or so centuries. . But the 21st century has seen something of a mead renaissance. million in revenue.

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Africa’s rush for cash – are banks meeting the growing need?

NCR

For a few years now, Africa has been viewed as a hotbed of innovation when it comes to financial services. For example, Ghana has one of the lowest number of ATMs in the world per population, with just 72 devices for every million residents – despite the fact its installed ATM base has almost doubled in size between 2012 and 2016.

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China and India lead global cashless growth

Banking 2020

Many nations around the world, both developed and emerging, have enjoyed strong growth in non-cash payments in the past few years, with Germany, the UK, Belgium and France all contributing to an increase of 5.1 percent for Europe for 2012-13 – up from 3.6 percent for Europe for 2012-13 – up from 3.6 per cent in 2013.

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Buzz Points Unveils New Online Dashboard, Buzz Insight

Fintech Labs Insights

“With Buzz Insight,” Spradlin said, “in-depth analysis and innovation come together to drive revenue and retention.” Founded in 2012 and headquartered in Austin, Texas, Buzz Points demonstrated its mobile app at FinovateFall 2015.

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What Will Ant Group Look Like A Year From Now?

PYMNTS

To that end, Howard Yu , LEGO Professor of Management and Innovation and director of IMD’s signature program, Advanced Management Program (AMP), told Karen Webster that a restructuring may be on the horizon. . In fact, he told Webster, Ant was and is more profitable than Facebook was when that tech giant went public in 2012. .

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Ripple Raises $55 Million Series B; Announces New Bank Partners

Fintech Labs Insights

Founded in 2012 and headquartered in San Francisco, California, Ripple demonstrated its technology as OpenCoin at FinovateSpring 2013. National Australia Bank (NAB). Ripple currently features 15 of the top 50 global banks in its global network, with pilot projects for more than 30 banks already completed. Mizuho Financial Group (MHFG).