Tag: compete

PFS Teases Product Additions to Let FinTechs Compete with Banks

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PFS (a company of EML) is excited to highlight a range of product enhancements designed to accentuate the competitive advantage of disruptive FinTechs aware of Banking-As-A-Service (BaaS) trends in the European Economic Area.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200924005370/en/

PFS is working with FinTechs & Banks to disrupt Financial Technology (Graphic: Business Wire)

SEPA Direct Debit (SDD) will enable clients across the EEA to take on traditional banks through PFS’ licenses with the Financial Conduct Authority (FCA) and the Central Bank of Ireland (CBI). Additionally, the company announces that SEPA Instant Credit Transfer (SCT Inst) is just around the corner.

”Financial Technology is a fiercely competitive space and BaaS allows FinTechs to compete with established banks but conversely, we also enable established banks to take advantage of new technologies that can run independently or in conjunction with their core banking platforms. What we recognise is

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Self-driving Indy race cars to compete for glory

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There are few pursuits more taxing for team and driver than keeping an open-wheel race car on the track while competing at speeds in excess of 200 miles per hour. But take the human driver out of the equation and the enormity of challenge balloons.

That is exactly the point of the Indy Autonomous Challenge (IAC), a competition that will pit more than 500 university students globally against one another to design autonomous controls systems for full-size Dallara IL-15 race cars, which will be tested in head-to-head competition. The competition is billed as the first-ever high-speed autonomous race of its kind. Fittingly, it will take place at the Indianapolis Motor Speedway in October 2021.

Competing teams will use the same open software framework provided by a company called Real-Time Innovations (RTI), which is the largest software framework provider for smart machines and real-world systems. With car speeds expected to top

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Walmart launching Walmart Plus to compete with Amazon Prime

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Walmart is launching a new membership service that it hopes can compete with Amazon Prime.

Called Walmart Plus, it will cost $98 a year, or $12.95 a month, and give members unlimited same-day delivery from more than half of its 4,700 stores, a fuel discount at certain gas stations and the ability to check out at Walmart stores without having to wait at a register.

Walmart’s chief customer officer Janey Whiteside called its new membership “the ultimate life hack” for customers. The program will expand its perks and offerings over time, the company added in a press release Tuesday. 

Walmart has a long way to go to catch up with Amazon Prime. Launched in 2005, Prime has more than 150 million members who pay $119 a year, or $12.99 a month, for faster shipping and other perks, such as discounts at Amazon’s Whole Foods supermarkets and access to its video

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Walmart announces membership service in attempt to compete with Amazon

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NEW YORK (AP) — Walmart is launching a new membership service for shoppers this month that it hopes can compete with Amazon Prime.

Called Walmart+, it will cost $98 a year, or $12.95 a month, and give members same-day delivery on 160,000 items, a fuel discount at certain gas stations and a chance to check out at Walmart stores without having to wait at a register.

Walmart has a long way to go to catch up with Amazon Prime. Launched in 2005, Prime has more than 150 million members who pay $119 a year, or $12.99 a month, for faster shipping and other perks, such as discounts at Amazon’s Whole Foods supermarkets and access to its video streaming site.

Walmart’s online sales are growing rapidly, especially during the pandemic, when more people have turned to the company to order groceries online and pick them up at a store. But the

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