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Online Grocer Ocado Acquires Robotics Companies To Drive Automation

PYMNTS

based online grocery, is heightening its automation drive by acquiring two robotics companies. The robotic pick opportunity in online grocery is of huge value to us and our clients globally,” said Tim Steiner , Ocado CEO. The company was founded in 2000 by three former Goldman Sachs bankers. Ocado , a U.K.-based

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Toast adds 99-cent customer online ordering fee

Payments Dive

The fee, paid by guests making orders of $10 or higher, will help fund Toast’s product investments and innovation, the company said.

Online 243
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COVID-19 – The Common Enemy to Manufacturing Companies?

Perficient

I recently had the pleasure to host a virtual roundtable with a couple dozen senior executives from Global 2000 B2B manufacturing companies. Most manufacturers had it in their ‘near-term’ plan, but COVID-19 has accelerated companies to prioritize it now. Is COVID-19 a wake-up call to ignite change in slower adoption companies?

Company 436
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Why SMBs Need To Focus On Product Innovation And Adopt A Digital Business Model

PYMNTS

When consumers fled to online shopping options in Q2, many businesses weren’t set up for digital-first commerce, but quickly figured it out. If you are an offline business that isn’t figuring out how to develop an online offering, you will likely be left behind by competitors.”.

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German Online Lender Kreditech Heads to India

Bank Innovation

EXCLUSIVE – German online lender Kreditech is making its way to India, Bank Innovation has learned. Kreditech’s entry into the Indian market comes because of payment processor PayU’s involvement in the company […].

Online 309
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Shift Happens: Online Car Company Manages Crisis With Class

PYMNTS

The online car selling platform’s March town hall meeting was supposed to be a victory lap to celebrate February, which was the most successful month in the company’s five-year history. The company also made radical shifts to its business model. The online car business will take a huge hit from the crisis disruption.

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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.