To supply retailers such as Whole Foods and U.S. Foods with greens, 80 Acres Farms is constructing a “fully automated indoor farm.” The project’s reported cost is in the range of $10 million to $15 million, CNBC reported. “With the … facility, we will achieve the next-generation of indoor vertical farming,” 80 Acres Farms’ CEO […]
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Luxury automakers are test driving new business models: Audi has announced a pilot program dubbed Audi Select that allows customers to borrow from a small selection of vehicles. The service, which made its first appearance in five Dallas-Fort Worth area dealerships, gives customers access to a variety of vehicle types, from sedans and coupes to […]
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Sometimes the future shows up ahead of schedule, particularly where consumer desires are concerned. Voice activation went from the realm of science fiction to product fact in less than half a decade – and consumers are now wondering why their cars aren’t quite as well-connected as their speakers and washer-dryers. Patients are wondering why they can pay any […]
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Grocers are expanding their in-store and online offerings as they compete with other retailers in a crowded space. Aldi, in particular, recently announced the expansion of its online grocery delivery service to all of its stores in the United States. To that end, the German supermarket company plans to use its partnership with Instacart to roll out […]
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U.K. bank Barclays is expanding its European operations with the launch of a digital corporate banking portal, reports in IBS Intelligence said on Monday (Sept. 24). The solution will streamline businesses’ cash management, working capital management, trade and information services offered by the bank across 25 countries, Barclays explained, noting that the platform aims to […]
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NEW YORK, Sept. 24, 2018 (GLOBE NEWSWIRE) — Enterprise Engineering, Inc. (EEI), an industry leader and trusted advisor to the financial services industry, today announced the spinoff of a new software company, Ninth Wave. Ninth Wave has innovated an advanced, award winning, financial data platform delivering the only universal data supply chain for Financial Institutions […]
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To paraphrase a certain defense secretary from earlier in the millennium: There are known unknowns and unknown unknowns. When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? A report by the Bank for International Settlements (BIS) found that when it comes to credit done through nascent […]
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More than a year after launching its business banking solution, France-based Qonto has secured new funding. Reports on Monday (Sept. 24) said Qonto raised $23 million from Valar Ventures and Alven, both of which had previously invested in the company. The European Investment Bank Group also participated in the funding. Qonto offers banking and other […]
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Enhanced data security and analytics are at the top of chief financial officers’ priority lists among both private and public companies, according to new data from auditing and advisory service provider Protiviti. The firm’s latest research examined CFOs and other financial executives’ views on the future of their functions and processes. Chris Wright, Protiviti’s global […]
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Google is working on using QR codes to allow its users to send peer-to-peer (P2P) payments. While Google Pay already enables P2P payments, XDA-Developers revealed that the company is adding support for QR codes to make that process a bit easier, at least if a user needs to pay someone they just met and make […]
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