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Paytronix Picks Payments Industry Veteran Porter For Board

PYMNTS

“Amy’s payments industry insight and unique experience in properly scaling a company will be valuable assets to our growth strategy,” said Paytronix CEO Andrew Robbins. “I Paytronix clearly delivers value to the market by enabling operators to drive incremental sales and deliver safer environments for staff and guests.”.

Industry 130
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State Street Agrees To Pay $35M To Settle SEC Charges

PYMNTS

The Securities and Exchange Commission (SEC) announced that financial services company State Street has agreed to pay more than $35 million to settle charges that it fraudulently charged secret markups. The company has also admitted to separately omitting material information about its platform for trading U.S. Treasury securities.

Boston 101
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How Spend Tools Feed Food Banks’ Need For Accountability

PYMNTS

As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. This demand is driving the global expense management software market to reach $6.6 billion in value by 2025. Inside The Playbook. Yordex , a U.K.-based

Tools 141
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Digital payments on the rise in India – what does this mean for the region?

NCR

Banks and card providers have been devoting a lot of attention recently to Asian markets, and it’s not hard to see why. One market that’s particularly poised for growth is India. Based in the UK, Andy is responsible for the marketing for NCR’s payments solutions. With more than 1.3 India set for a digital boom.

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Whole Foods’ 500th Store Features Eateries

PYMNTS

To create a food hall-like experience for customers, Whole Foods Market ’s 70,000-square-foot store in Atlanta showcases four eateries. Whole Foods Market South Region President Bobby Turner said, according to the outlet, “Whole Foods Market Midtown will be a true gathering space for the community.”

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Today In Payments: Facebook Closes $5.7B Deal For Stake In Reliance Jio; GM Shutters Its Car-Sharing Platform

PYMNTS

billion deal for a minority stake in India’s Reliance Jio, and GM shut down its car-sharing company, Maven. billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant a larger foothold in the region. In today’s top news, Facebook closed a $5.7 Facebook Closes $5.7B

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Early Days: AI Shows Promise And Limitations For Retailers

PYMNTS

AI simply hasn’t been around long enough, nor has it been adopted by enough companies, for us to determine all the ways it will ultimately drive value,” said Michael Scharff, CEO of Evolv Technologies , which provides retailers with AI expertise. That’s not to say AI won’t play a significant role, especially as it continues to advance.”.

Retail 203