Stripe Adds Bacs Direct Debit To Its Platform
The FinTech Stripe said it will “create the first self-serve unified payments platform for U.K. businesses” by adding the popular Bacs Direct Debit payments service — which includes digital wallets and card payments — to its ecosystem. In part, Stripe’s service allows businesses to make and receive online payments. The platform is now offered in 39 countries, 29 of which are … Continue reading Stripe Adds Bacs Direct Debit To Its Platform Continue Reading
One of the unsung casualties of the pandemic for retailers may be 5G technology and its rollout. Its proponents had Christmas visions of dressing room tech, augmented reality (AR) experiences and even supply chain efficiencies that grow from the increased bandwidth that the technology can deliver. But a funny thing happened on the way to … 
The digital shift continued to show its dramatic potential to change retailing today, as three companies announced major changes to their business models. No less than Sam’s Club, Starbucks and fashion high-flyer Zara have made adjustments to online ordering and purchasing. Zara’s announcement was the most dramatic. The Spanish company’s owner Inditex SA is permanently closing as many as … 
The pandemic-driven digital shift means that eCommerce buyers will need some help assembling their purchases. A company called Buy It Installed, which launched in 2012, is ready to help the less skilled consumer with the task. The company allows online and offline consumers to purchase products with installation included, and then uses connecting technology to facilitate … 
Amid the coronavirus pandemic, Disney Parks, Experiences and Products has unveiled its intentions for a “phased reopening” of the Disneyland Resort. The company noted that Disneyland Park and Disney California Adventure Park will open again on July 17, while Disney’s Paradise Pier Hotel and Disney’s Grand Californian Hotel & Spa will reopen on July 23, pending the go-ahead from … 
Russian-based Yandex may drop plans for having an initial public offering (IPO) of stock for its ride-hailing business, which it owns with Uber Technologies, Inc.. Bloomberg reports that Yandex may, instead, buy out Uber. Such a move would come in the middle of the economic tsunami that has rocked the ridesharing market — with Uber and Lyft shares down, making … 
The COVID-19 pandemic isn’t enough to stop cross-border dealmaking – specifically in the food delivery services space, where critical mass is of critical importance. Consider the news that European food delivery service Just Eat Takeaway has struck a $7.3 billion deal to acquire U.S. food delivery firm Grubhub. The all-stock transaction will give Just Eat Takeaway entree into the … 
U.S. Treasury Secretary Steven Mnuchin said the administration is considering reimbursing businesses whose storefronts were damaged in the recent rioting over the death of George Floyd at the hands of Minneapolis police. “There is some discussion over whether we should allow the damage costs to be picked up in the next bill,” the Secretary told CNBC. In … 
Could early signs of a revival in tourism rescue the battered airline industry? That’s just the scenario being pushed by a top Wall Street executive amid signs of renewed interest in global travel by lockdown weary consumers. Mark Manduca, associate director of EMEA research at Citi, told CNBC’s Capital Connection that he is seeing “green … 
Shares of Apple edged down Thursday (June 11) after a week of gains, which were fueled in part by rising analyst optimism over the tech giant’s prospects as the coronavirus pandemic eases. Apple’s stock price fell 1.16 percent to $348.76 a share amid a much larger decline by the Dow Jones Industrial average after posting a 9 …