Industry News
Singapore – Financial services company UnionPay announced new developments in facial recognition, coding of data into sound waves and other new technologies relating to e-payment at the Singapore FinTech Festival, held from Nov. 13-17.
London, U.K. – Drinking coffee is “more likely to benefit health than to harm it” for a range of health outcomes, say researchers in The BMJ.
Seoul, South Korea – The National Agricultural Cooperative Federation and South Korea's largest telephone company KT have launched a smart vending machine that dispenses 300 grams of raw or marinated meat. The Telegraph reports. | READ MORE
Philadelphia, PA – Coffee company La Colombe has introduced what it’s calling the MiniVault — a 5.1-ounce aluminum can that keeps the pre-portioned ground coffee inside fresher up to five times longer than traditional coffee packaging. Packaging World reports. | READ MORE
Atlanta, GA – Soft drink giant Coca-Cola Co. has developed a stevia-sweetened cola that contains no sugar and zero calories and doesn’t have an aftertaste that some consumers find unpleasant, the company said during an investor event. Bloomberg News reports. | READ MORE
Chicago – After years of driving snacks sales growth, indulgence is giving way to the disruptive force of better-for-you. Convenience-store sales of natural and specialty snacks hit $59.8 million in the U.S. in 2017, a 10.5 per cent leap over the year prior. CSP Daily News reports. | READ MORE
Chicago – The National Automatic Merchandising Association Foundation's 2016 Industry Census results are now available to members and non-members on the NAMA website.
New York – EyeLock and ViaTouch Media will work together to launch the first auto-retail vending solution enabled by iris authentication technology.
Ottawa – Despite the growing use of debit and credit cards, Canadians still use cash to process more than half of all transactions, suggests research by the Bank of Canada.
Colorado – Since appearing on the television show Shark Tank, entrepreneur Marc Crowley's cricket protein energy bar company, sold through his company, Chapul, has racked up strong sales. CNBC reports. | READ MORE
Ottawa – Canada's dietitians and pediatricians are discouraging parents from relying on plant-based drinks such as rice, coconut and almond milks as the main beverage for babies and young kids.
Belfast, Northern Ireland – Staff at Belfast's Mater Hospital in Northern Ireland have helped devise and produce a piece of technology intended to improve the safe delivery of blood products. BBC News reports. | READ MORE
Philadelphia — Hershey's Gold, the first new candy bar to carry the Hershey’s name in more than two decades, will be on store shelves next month. National Post reports. |READ MORE
P.E.I. — Island Waste Management is encouraging P.E.I. residents to put all their coffee pods in the black bin as it is getting too difficult to spot what is biodegradable and what is not. CBC News reports. |READ MORE
Colombia — BBC investigates coffee rust, a disease that has long been threatening Colombia's coffee crops and could change coffee consumption. |READ MORE
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