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Commercial Card Innovation Puts SMBs In The Spotlight

PYMNTS

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). This week’s commercial card innovation tracker includes the launch of business cards by American Express and Amazon in addition to one by Wyndham Hotel & Resorts and Barclays.

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Delivering Restaurant Innovation With Mobile Tech

PYMNTS

And, as consumers have many options, fast-casual and quick-service restaurants (QSRs) realize they must meet growing diner expectations and embrace technology to stay relevant. And food-ordering platforms are teaming up with restaurant technology companies to make it easier for eateries to accept delivery orders.

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RILA On How United States Retailers Are Responding To Changing Privacy Rules

PYMNTS

The critical question, then, is not whether retailers can comply with these rules, but how they will do so while remaining competitive, Nicholas Ahrens, vice president of innovation at U.S. Merchants must make sure their customers’ experiences match those belonging to international retailers as well as local brands, he continued.

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Duffel Funding Round Adds Fuel To Travel Industry Innovation

PYMNTS

Details were scarce about the company’s new offerings, or how it views this particular brand of travel-industry disruption. Not only that, but 82 percent of travel companies innovate to combat the loss of customers, and 36 percent of travel companies expect innovations to decrease costs. Payments Cost.

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How FashionPass Is Innovating Clothing Rentals

PYMNTS

The clothing rental market in the United States is projected to reach $4.4 This might attract customers, but retaining them requires constant innovation. Clothing is expensive and trends are quick to change, making fashion rental platforms especially appealing for consumers who want more choice, convenience and flexibility.

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Restaurant Ordering Apps, Cloud Technology, Cash Hoarding Top This Week’s News

PYMNTS

We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis. In-house ordering apps are typical for large quick-service restaurant (QSR) companies, with only those who are willing to take risks and innovate standing out from the herd.

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Equifax Strikes Deal To Buy Kount

PYMNTS

Equifax has inked a deal to purchase artificial intelligence (AI)-powered fraud prevention and digital identity technology provider Kount for $640 million. Kount’s staff members will become a part of Equifax’s United States Information Solutions (USIS) business unit and will still be based in Boise, Idaho, according to a Friday (Jan.

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