The five most important retail tech news stories of the week
It’s Friday, the week is nearly done, so let’s kick back and reflect on another eventful week for the retail technology space. Here's your briefing on some of the most important and interesting stories from the past five days.
1. Worldline announces blockbuster deal to buy Ingenico
Worldline is to acquire Ingenico, in a cash and share deal that gives the latter a valuation of €7.8 billion ($8.6 billion) and creates the fourth largest payment services player worldwide.
2. Burberry looks to beef up data and analytics team
Burberry is set to make several new hires as it ramps up investment in its data and analytics capability.
3. Barclaycard and BigCommerce announce online payments tie up
Barclaycard has partnered with e-commerce platform BigCommerce to introduce a payments solution for online retailers across the UK and Europe.
4. Pay.UK consults on major retail payments initiative
Pay.UK has published an industry consultation regarding its recommended approach for the use of the global standard ISO 20022 within the clearing and settlement capability of the New Payments Architecture (NPA).
5. Dixa announces another hefty funding round
Customer engagement platform startup, Dixa, has closed a $36 million Series B round led by Notion Capital, with participation from existing investors Project A Ventures and SEED Capital.