U.K. car production was down nearly 10% in 2022 but electric vehicle (EV) production rose. Data published by the Society of Motor Manufacturers and Traders (SMMT) on Thursday (Jan. 26), reveals that in total, 775,014 units were manufactured in the U.K. last year, a 9.8%...
Apple is reportedly developing devices to upset Amazon and Google’s smart home dominance. These new devices would include new displays and a faster TV top box, Bloomberg News reported Wednesday (Jan. 18), citing sources familiar with the company’s plans. The push will begin with a...
For tech providers to win the loyalty of small grocers, they need to get involved. In an interview with PYMNTS, Dave Capaldo, director of IT at Massachusetts grocer Previte’s Marketplace, which has two locations, laid out the difference between the technology needs of smaller grocers...
Nexi has signed a five-year agreement with IBM to modernize its core payment processing platform. The partnership will see the Milan-based European payment technology firm deploy IBM’s z16 technology platform to transform Nexi’s core infrastructure, which is being upgraded to a hybrid cloud architecture. “The agreement...
Scan-and-go checkout may have an imperfect track record, but grocers are still optimistic about it. By the Numbers Research from “The Instant Payments Transformation Guide: Grocery, Pharmacy and Convenience Retailers,” a PYMNTS and ACI Worldwide collaboration, which drew from a survey of 300 United States...
Tencent Cloud will provide cloud services in Europe through a strategic partnership with Traac. The cloud business of Chinese technology giant Tencent announced the collaboration in a press release on Thursday (Jan. 12), saying that the deal will establish Traac as an authorized reseller of...
Carmaker Porsche is reportedly considering integrating Google software into its vehicles. The deal would let Porsche drivers access applications such as Google Maps without having to connect their cars to an Android device, Reuters reported Thursday (Jan. 12), citing a source close to the German...
Economic uncertainty is pressuring grocers to pull back on in-store retail technology. Amazon Fresh, which introduced its Just Walk Out system at its newest stores (replete with computer vision and sensor technology), appears to have halted expansion. And grocers such as Wegmans and Aldi are...
Recent layoff announcements point to a rocky start of 2023 for eCommerce. Businesses, in general – especially smaller ones — benefit from the expertise and the technological know-how of larger firms, especially entrenched players with the deep pockets needed to innovate and deploy solutions at...