Like artists, brilliant innovations are not always appreciated immediately. Such is the case of the QR Code, invented in Japan in the early 1990s to boost manufacturing and retail efficiency. In the socially distanced COVID-19 environment, this invention is proving indispensable in a variety of transactions and activities, from making payments to reading menus. Partnering with smartphones, the QR Code is proving itself a boon to both commerce and health.
Buy Now, Pay Later is regularly used to pay for big-ticket items in instalments, but thanks to digital technology, the method is becoming popular for numerous product and service transactions. BNPL digital providers help consumers, unable to pay the full price at point of sale, to stagger payments according to agreed-upon terms, often with no interest or fees. As with any payment method, there are pluses and minuses to consider.
Following on from our recent piece, “Five Industries in Which to Invest in 2019”, we now turn our attention to some of the most promising individual stocks within those industries. Looking forward to 2019, each one of the five sectors certainly appears to have some winners.
The first week of August saw Facebook announce that it had drawn up proposals with major investment banks and credit-card companies to form data-sharing partnerships. According to the Wall Street Journal(WSJ),
How can banks and financial institutions get through to the generation born in the 1980s and 1990s, the so-called “millennials”, also known as Generation Y, given their shorter attention spans and distrust of brand loyalty?