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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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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. All of the above.

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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. To overcome the struggle, banks need to build leadership teams that align with how a future “Smarter Bank” will operate. The traditional vertical chain of command can’t handle this challenge.

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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. Keatz reportedly has raised about $13.5

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Dutch Takeaway.com Gets $10B For London’s Just Eat Takeover

PYMNTS

After merging its customer and restaurant operation teams earlier this month, Just Eat went through a round of layoffs in the U.K. Berlin-based Keatz operates “ghost” or “cloud” kitchens, making delivery-only food for restaurants. which is developing robotic technology that can prepare and cook pizzas while en route to delivery.

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Virgin Galactic To Become First Listed Human Spaceflight Company

PYMNTS

The spaceflight company sees the arrangement as providing it with sufficient capital for funding until the time its spaceships have the ability to operate commercial and churn a profit. However, the company is locked in a race with other firms such as Space Exploration Technologies Corp.

Company 128
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Tech Falls Short Of Procurement’s Expectations

PYMNTS

Daniel Ball, Wax Digital director, noted that the demand to digitize procurement processes is there, but technology hasn’t yet been able to fulfill procurement executives’ needs. The topics touch on some common problems, not only when adopting eProcurement technology, but when enhancing and updating any enterprise system.

Survey 101