article thumbnail

Ahold Delhaize Bolsters Investment In eCommerce

PYMNTS

As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. The company opted to speed up the expansion of its eCommerce channels and connect online shopping with physical retail due to COVID-19, Knight said in the report.

NV 160
article thumbnail

Adyen Shares Start Trading At 67 Percent Above IPO Pricing

PYMNTS

The company won’t receive any proceeds from the IPO, which implies a market capitalization of €7.1 Adyen offers payment processing for stores and online transactions — tasks traditionally controlled by major financial institutions, credit cards and some IT suppliers.

NV 139
article thumbnail

Israel Approves New Digital Bank

PYMNTS

The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV. Set to launch in a year and a half, it will provide credit and brokerage services to retail customers.