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Goldman Gets Green Light To Operate Bank In South Africa

PYMNTS

As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. The filings also indicated that interest income would be spread across operating segments.

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Virgin Galactic To Become First Listed Human Spaceflight Company

PYMNTS

As part of a deal with a publicly traded shell, Richard Branson’s Virgin Galactic space tourism venture would become the first listed company for human spaceflight. Special-purpose acquisition company (SPAC) Social Capital Hedosophia Holdings Corp. and Blue Origin that are also at work on bringing travelers into space.

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Introducing Quantum Computing

Perficient

If you want to model the world, we can encode the very rules of physics into its operations on qubits just like we would use logic gate circuits on classical bits. In 2019, the quantum computing market was valued at $507.1M; it is projected to grow at an annual growth rate of 56% during the forecast period (2020-2030), achieving $64,988.3M

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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The Libra Association has named James Emmett as managing director of Libra Networks, the association’s operating company subsidiary. Emmett previously was the top executive of HSBC Bank plc and Europe, where he was responsible for HSBC's UK Wholesale Bank and operations across Continental Europe, Sub-Saharan Africa and Bermuda.

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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

timeshare companies, crypto firms, multi-level marketing, credit repair, dating services, telemarketing, tech support companies, etc.). Look for the CFPB to focus on tech firms regarding the abovementioned fees and how fee agreements are structured between e-commerce companies and digital wallet providers/payment apps.

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‘Ghost’ Kitchens Take A Bigger Role In Food Delivery

PYMNTS

As restaurants continue to wrestle with the questions that come with food delivery — how to make enough money, whether to work with third-party operators, how to manage customer relationships — a new factor is gaining significance. Keatz already operators ten “ghost” kitchens in Europe. The task of delivery is done by other companies.

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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

In fact, by 2030, the National Restaurant Association expects that technology could completely change the face of dining. With their growing usage, the National Restaurant Association 2030 report posits that app companies could become private label restaurants. First, the short-term prognosis.