Blockchain and the future of digital and crypto currencies November 9, 2020 With the advances in online banking, contactless payments, and the recent concerns related to using physical currency in the days of COVID-19, fewer and fewer people carry cash. And with China leading the way to launch a central bank for digital currencies, this trend is not just set to continue, but to accelerate. Many in [...]
Post Office to axe 600 cash machines October 26, 2020 The Post Office will cut 600 of its free to use cash machines after a decision to take the assets in-house. Over the next four years, the Post Office will invest £16m into 1,400 ATMs across its estate. At the moment, there are 2,000 cash machines at its branches, but these are owned and operated [...]
Marks & Spencer ramps up online capacity ahead of ‘most digital Christmas yet’ October 26, 2020 Marks & Spencer is ramping up its online delivery capacity in the run up to what it said will be “the most digital Christmas yet”. M&S, which said festive-related searches are up 80 per cent on last year, will add more than 500 Christmas temporary employees. The new seasonal workers will be employed in addition [...]
End the war on pubs — hospitality isn’t to blame for the Covid crisis October 21, 2020 2020 should have been a year of cheering on our teams in the European football finals and Olympics from pubs and bars across the land, bolstered by meals out in beer gardens throughout a typically blistering British summer. Instead, thanks to Covid-19, this year will be remembered for social distancing, job losses, and uncertainty. After [...]
Zoom and Instagram brand values jump as tech firms get Covid-19 boost October 20, 2020 Zoom, Instagram and Youtube have all swept into the rankings of the world’s 100 most valuable brands for the first time this year as the pandemic sparked a major boost for tech companies. Social media and streaming companies have enjoyed booming demand as millions of people have been forced to stay at home during the [...]
O2 Arena to resume live events in December with Squeeze gig October 5, 2020 The O2 Arena has announced plans to resume live events for the first time in eight months in December with a gig headlined by 70s rock group Squeeze. The Cool for Cats rockers will play to socially distanced fans on Saturday 5 December in the first concert at the east London venue since it was [...]
Crypto AM Reshines the Spotlight on Wirex Lazarichev & Pavel Mateev September 28, 2020 Wirex, the leading payments platform bridging the gap between the traditional and digital economies, has come on leaps and bounds since Crypto AM last shined the light on us in 2018. Since its inception in 2014, our CEO and co-founders, Pavel Matveev and Dmitry Lazarichev, have always had the goal of making digital money more [...]
Marketing in a crisis: Top tech bosses on how to build a brand through Covid-19 September 14, 2020 While the coronavirus pandemic has wreaked havoc through all parts of the business world, there are few who have had to argue their case for survival more than chief marketing officers. As the economic downturn set in and companies scrambled to shore up their finances, marketing budgets have been slashed across the board. Official industry [...]
Does Covid-19 mark the beginning of the end for cash? July 29, 2020 Many European countries were already moving away from cash transactions and the pandemic will only speed up this trend. The Covid-19 crisis has changed our daily lives in multiple ways and accelerated a number of trends that were already in place. For many of us, one obvious change is that the need to use cash [...]
Sainsbury’s trials queuing app for local lockdowns July 27, 2020 Sainsbury’s has launched a virtual queuing app to prepare for potential local lockdowns, with trials beginning at five UK stores today. Customers will be able to use the Ufirst app to queue at stores in Pimlico and Uxbridge in London from today. The supermarket will also test the app at stores in Newham Royal Wharf, [...]