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Open Banking in the UK - Bringing about a Transformation in Banking |
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Namratha Prasad, March 09, 2020 |
Introduced in January 2018, Open Banking was a UK government-backed initiative that required nine of the biggest UK banks to share their current account holder data – with the customers’ permission – through an integration technology with third parties (including challenger banks, fintech firms and credit reference agencies). |
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OYO’s New Strategic Objectives for 2020 |
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Sanjib Dutta, March 09, 2020 |
According to recent media reports, OYO, the India startup providing budget hotels was planning to reduce its global employee count to 25,000 from 30,000 in January 2020. By late 2019, OYO, the third largest hospitality chain in the world was in trouble. Started in 2013, |
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McDonald’s enters E-commerce Space with Branded Merchandise
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Indu Perepu, March 09, 2020 |
In December 2019, the world’s largest restaurant chain McDonald’s ventured into the e-commerce space by opening an online store Golden Arches Unlimited. This store carried merchandize based on the colors and iconography of McDonald’s and included products like T-shirts, journals, socks, hoodies, tote bags, meal pins, etc. |
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