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Paytronix Picks Payments Industry Veteran Porter For Board

PYMNTS

“I look forward to working with the Paytronix team to bring its industry-leading innovation, including contactless ordering for table service … to markets around the globe,” said Porter. 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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Study: Virus Has Sent Most Adult Children To Live At Home

PYMNTS

The numbers are consistent across major racial and ethnic groups, genders, city and rural residents in the nation’s four regions. economy overall , reflecting the importance of the housing market to overall economic growth,” the survey said. The number of young adults living with parents swelled to 26.6 million from February.

Study 131
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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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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.

Tools 141
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State Street Agrees To Pay $35M To Settle SEC Charges

PYMNTS

State Street used false trading statements, pre-trade estimates and post-trade reports to misrepresent its compensation on various transactions, especially purchases and sales of bonds and other securities that trade outside large transparent markets.

Boston 101
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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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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

PYMNTS

The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. The trend is even worse among Western European FIs, with shrinking profits prevalent among 57 percent of institutions in this region, reports said.

Boston 109