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Where People Spent Stimulus Payments – And Where They Didn’t

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The stimulus payments may not have done much to, well, stimulate the economy at large. A recent report by the National Bureau of Economic Research (NBER) finds that recipients of the initial $2.2 Roughly 71 percent of the respondents who answered questions about their income said they earned less than $80,000 annually.

Payments 173
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Banco BASE Taps Volante For Payments; Azimo Receives Dutch Central Bank License

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Welcome to The Axis, your late look at payments news from around the world. for international and domestic payments. to provide systems for international and domestic payments, according to an announcement from Volante. Coverage includes Mexico ‘s Banco BASE selecting Volante Technologies Inc. Outside the U.K.,

Payments 100
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Shake Shack On Tapping AI And Other Tools To Optimize The Customer Experience

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This pressure to innovate is affecting QSRs of all sizes, from independent eateries serving loyal local followings to national or even international behemoths reaching millions of customers each year. The past year has proved to be challenging and at times perilous for QSRs as they work to take all facets of their operations digital.

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CFPB Cracks Down On Deceptive Lender Who Targeted 9/11 First Responders

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In a press release , the government watchdog contended the company and two individuals lied about loan offerings to consumers who were awaiting payment from settlements in legal cases or from victim-compensation funds. Our proposed order seeks to knock these parties out of this business altogether, and impose penalties on them.”.

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Minimum Wage or RoboChefs

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The number of workers was slightly higher in 2015 than in 2001, according to the National Restaurant Association, which opposes minimum wage hikes. percent annually through 2024, in line with the national average, according to the Bureau of Labor Statistics. As a result, most operators do not want to assume the investment risk.

Chicago 161
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In Praise Of The Selfie And The Commerce It Drives

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National Selfie Day has passed into the history books once again. The founding hero of National Selfie Day — not that he receives his full recognition among the selfie masses — is a U.S. The form is popping up all over the commerce and payments industries. We are now in the golden age of the selfie.

National 130
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Could Regulation Prevent The Next Cyberattack?

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The ransomware attack affected a range of players, including delivery services like FedEx, automakers including Renault and Nissan, transportation operations such as Germany’s Deutsche Bahn and even medical systems such as the U.K.’s s National Health Service. 11, 2001, terrorist attacks. It’s such a simple concept,” he said.