Aawz Fetch.ai Raises $40 Million to Develop Automation and AI Tools
Amazons hold on the frictionless checkout space is weakening. On Monday Oct. 18 , Tesco, the largest grocery chain in the United Kingdom by market share and one of the top 10 grocery chains in the world by sales, announced plans to open its first checkout-free, computer vision-powered grocery store in the style of Amazons Just Walk Out technology. The Central London store will be more than 2,400 square feet and will be powered by technology from Tel Aviv, Israel-based artificial intelligence AI retail solutions company Trigo. Were excited to bring this new technology to customers in London, Guus Dekkers, chief technology <a href=https://www.stanley-cups.ro>stanley cupe</a> officer at Tesco, said in a statement. This new proposition will save customers time, removing any friction from the checkout and offering even more convenience for shoppers. The move comes after months of Amazon expanding its U.K. grocery presence. The eTailer opened its first Just Walk Out grocery location in the country back in March, and it has since opened five more, according to A <a href=https://www.cups-stanley.uk>stanley cup uk</a> mazon Fresh U.K.s store locator.Additionally, T <a href=https://www.stanleycups.pl>kubki stanley</a> escos news comes just weeks after one of the grocers competitors announced a similar partnership with Trigo. At the start of October, Essen, Germany-based global discount grocery chain Aldi announced that it is testing computer vision checkout at one of its locations in the Netherlands.See also: Grocery Roundup: Aldi Goes Cashierless; Jokr Adds Alcohol The high degree of digitization in the Netherlands means we are convinc Qgbe How Creating Space For Paper Checks Can Help Push Businesses Toward B2B Payment Digitization
CBZ Holdings, Zimbabwes largest bank, is suspending Visa cards for transactions made locally, with the high costs associated with Visa cards and cash shortages being the main reasons.According to a聽report聽by聽Reuters, CBZ Chief Executive Nyevero Nyemudzo said: We have told our clients it is cheaper for them because the charges by Visa are very hig <a href=https://www.stanleycup.pl>stanley termos</a> h, and that is compelling enough for our clients to restrict the use of the Visa card. In November, the Reserve Bank of Zimbabwe introduced a so-called bond note currency in an attempt to reduce the cash shortages in the nation, but long lines still remain at banks. Banks have imposed strict limits on cash withdrawals as a result. To date, the central bank has released $79 million in bond notes, noted the report.Zimbabwe may not be the first place people think of when they talk about a cashless economy,聽but the country is speeding toward a cashless future, according to聽 <a href=https://www.cups-stanley.fr>stanley quencher</a> The New York Times.聽And there is one reason for it: The country is running out of cash, particularly the U.S. dollar, which was adopted in 2009. According to an聽NYT聽report,聽while most of the countrys population works in the inform <a href=https://www.stanleycups.us>stanley website</a> al economy, the citizens arent high-tech and blackouts are a common occurrence, it is becoming a cashless society, as many citizens worry about the country and, as a result, are taking money out of the country.