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Fintech Adyen’s Shares Jump as Sales Beat Estimates

Bank Innovation

Adyen NV reported a 54% rise in second-half net revenue, beating analysts’ estimates as the fintech darling continues to deliver on rapid growth. The Dutch company, which processes payments for Netflix Inc., and Spotify Technology SA, posted €192.5 million ($219 million) in net revenue for the six months ended December.

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Retail Pulse: Mattress Firm Mulls Bankruptcy; Walmart Plans Robotic Grocery Pickup

PYMNTS

Steinhoff International Holdings NV, which acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt. Amazon and Whole Foods Market announced the launch of curbside grocery pickup in Sacramento and Virginia Beach.

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Reimagine your business in the era of AI at Think 2018

Insights on Business

Faced with massively escalating data volumes, exponentially growing regulatory requirements, legacy risk and IT systems that just aren’t up to the new reality and increasing market pressure to improve performance, something has to change. Think is the event where the problems of tomorrow meet the minds of today.

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MoneyAmigo Delivers Traditional Banking Products in a Non-Traditional Way

Fintech Labs Insights

Then, MoneyAmigo showed how its serves underserved markets: “MoneyAmigo fuses a simple user experience, with innovative and sophisticated “in-chat” peer-to-peer payments – crossing any boarder in 3 clicks; 3 seconds. Team part of design:success – international innovation firm. HQ: Las Vegas, NV.

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Retail Pulse: H-E-B Rolls Out New App; Jimmy John’s Launches Loyalty Program

PYMNTS

Grocery retailers are making it easier for consumers to shop with their mobile devices through digital innovations. Beyond H-E-B, other grocery chains are aiming to drive innovation to help change the way consumers shop in-store and through the web. Our goal is to create an easier, more enjoyable shopping experience.”. Albertsons Cos.,

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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. It aims to serve as a bridge between Israeli startups and global customers and between traditional businesses and innovators.