How Money Will Disappear

Daily Fintech

Big payment giants and listed companies are adopting it and not just in the US. billion worth of bitcoin, the Chinese tech company Meitu announced that it made its entry to crypto, […]. In recent months bitcoin has had a phenomenal rally and for good reason.

SEC Charges Space Exploration Company Momentus For Misleading Investors

PYMNTS

The Securities and Exchange Commission (SEC) has charged Momentus , an early-stage space exploration company, and other affiliated parties with misleading claims to investors ahead of a forthcoming special purpose acquisition company (SPAC) merger, according to a press release.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

COVID-era SMB Boom Spurs Neat Company Expansion Into Bookkeeping and Invoicing

PYMNTS

At a time when pretty much everything seems to be happening on the go, The Neat Company’s two new record-keeping initiatives are no exception. In the wake of the company’s launch of NeatBooks and NeatInvoices Wednesday (Sept. B2B Payments B2B invoice payments News SMBs The Neat Compan

Noodles & Company Finds Omnichannel Approach Boosts Top Line Results

PYMNTS

Dan Rowe , CEO of Virginia-based franchise development company Fransmart , recently stated that it is cheaper and faster to serve customers via virtual or ghost kitchens, as these third-party operations typically optimize food preparation.

Make Payment Optimization a Part of Your Core Payment Strategy

Everything you need to know about payment optimization – an easy-to-integrate, PCI-compliant solution that enables companies to take control of their PSPs, minimize processing costs, maximize approval rates, and keep control over their payments data.

Noodles & Company CFO: Omnichannel Innovation Key To Restaurant Recovery

PYMNTS

Fast-casual chain Noodles & Company , for one, was quick to adapt , building out its mobile app, adding new drive-thru windows, and implementing curbside pickup while also implementing new in-restaurant technologies in its kitchens of the future.

Jessica Alba’s Honest Company Notches $412.8 Million IPO

PYMNTS

Honest Company, the consumer goods company launched by actress Jessica Alba, raised $412.8 The Los Angeles-based company plans to list its shares on Nasdaq under the ticker symbol HNST. Honest Company offered 6.5 The Honest Company reported a net loss in 2020 of $14.5

Will ‘Zombie Companies’ Eat The US Economy?

PYMNTS

Will so-called “zombie companies” soon do the same to parts of the U.S. Zombie companies are those that remain in business but are so deeply in debt that they’ll never catch up. But letting companies load up on debt to survive now might have ripple effects later.

Noodles & Company On How Digital Innovation Boosts Brick-And-Mortar Business

PYMNTS

Eateries that improve omnichannel dining experiences not only help meet consumers’ heightened expectations but also can keep their own bottom lines healthy, according to Brad West , chief operating officer of Colorado-based fast casual restaurant chain Noodles & Company.

Government Could Require Companies To Report Cyberattacks

PYMNTS

A new piece of legislation would require some companies to inform the federal government if they’ve become the victim of a cyberattack. The problem is, under federal law, companies don’t have to report these attacks,” noted the CNBC report.

Going to Market Smarter in the New Economy

In 2021, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses. To succeed, you must change the way you conceive and build new products as a digital business. Download the report today to discover more!

Will you avoid companies that put profit before people?

Chris Skinner

So, I was particularly struck by this quote from Satya Nadella, CEO of … The post Will you avoid companies that put profit before people?

Kidd & Company, T-street Capital Team To Acquire DTC Companies

PYMNTS

To form a direct-to-consumer (DTC) online commerce strategy, Kidd & Company, LLC and T-street Capital, LLC have joined forces by creating a holding company focused on buying companies called Brand Holdings, LLC.

Today In Payments Around The World: Urban Company Notches $255 Million; Divido Lands $30 Million

PYMNTS

In today’s top payments news around the world, Urban Company has raised $255 million in a Series F funding round, while Divido has notched $30 million in venture funding. India's Urban Company Raises $255 Million, Values Home Service Marketplace At $2.1

Noodles & Company CEO: Digital Shift Will Gain Momentum As Restaurant Industry Recovers

PYMNTS

Quick-service restaurant (QSR) chain Noodles & Company , for one, has expanded the following for its off-premises-friendly offerings. Especially for a chain like Noodles & Company, which tends to attract a younger base, digital sales could well remain strong.

Why B2B Contact and Account Data Management Is Critical to Your ROI

64% of successful data-driven marketers say improving data quality is the most challenging obstacle to achieving success. Given data’s direct impact on marketing campaigns, reporting, and sales follow-up, maintaining an accurate and consistent database is a top priority for B2B organizations. This latest eBook aims to help marketing leaders understand the impact of data management on their company’s ROI.

SMB Software Company Weave Mulls IPO

PYMNTS

Utah-based software company Weave is considering an initial public offering (IPO), potentially in the fourth quarter of this year, according to a report from Bloomberg. The company provides its communication services to 29 million small and medium-sized businesses (SMBs) in the U.S.

Pilot Company, RTS Team On Fuel And Factoring For Fleets

PYMNTS

To help trucking firms expand their businesses, Pilot Company and RTS Financial (RTS) have teamed up for a fuel and factoring partnership. Dedicated Pilot Company and RTS personnel will work with fleets to offer funding, fuel and key services.

Noodles & Company CEO On Restaurants’ Post-COVID Future

PYMNTS

Like so many verticals that have adapted to survive the COVID-19 era, the restaurant industry is seeing the acceleration of trends that were already in place, Dave Boennighausen , CEO of fast-casual chain Noodles & Company told Karen Webster in a recent conversation.

China's Regulator Orders Tech Companies to Open 'Walled Gardens'

PYMNTS

This is the latest chapter in an ongoing regulation boost China is leveling against companies, Reuters reported, citing the 21st Century Business Herald. Regulators have been accusing the companies of restricting the choices for customers and trying to build monopolies, the report stated.

How to Overcome the Pain Points of Your CRM

When used effectively, a CRM can be the life blood of your sales team – keeping everyone organized, efficient, and at peak productivity. However, as a company, sales stack, and database grow, it becomes difficult to uphold structure and governance to keep a CRM up-to-date. The result? Less organization, more confusion, and fewer deals closed. Leveraging leading industry research from industry analysts, this eBook explores how your sales team can gain back valuable time.

Alt Lending: Zombie Companies, Revitalising Banks, Covid 19 rescue Loans

Daily Fintech

Here is our pick of the 3 most important Alt Lending news stories during the week: 1.Britain is now Europe's hub for Zombie Companies Corporate debt is expected to rise still further this year as firms borrow to survive in the aftermath of Covid-19.

Are legacy companies holding back the future?

Chris Skinner

The reason the latter countries are leapfrogging Europe and America is that they didn’t have a large, ingrained existing infrastructure for payments and financial transactions in place until … The post Are legacy companies holding back the future? In my presentations I regularly talk about legacy Europe and America and leapfrog countries from China to India to Kenya to Colombia.

Blank Check Companies Set Sights On Unicorns

PYMNTS

Amid Wall Street’s gyrations and the search for the next great tech unicorn: Blank checks for blank check companies? On Monday (June 22), CNBC reported that famed investor Bill Ackman is seeking to raise $3 billion for an initial public offering (IPO) of his blank check company.

Real Estate Companies Net Combined $275M in Funding

PYMNTS

With the latest round of funding, the 4-year-old New York-based company intends to handle more than $10 billion in yearly home transactions, while broadening its reach into new states, according to a press release. Real estate platform Ribbon on Tuesday (Sept.

Forrester Research Report: How Sales and Marketing Intelligence Drive Improved Business Outcomes

In 2019, DiscoverOrg commissioned Forrester Consulting to evaluate sales and marketing intelligence practices in the B2B space. The primary takeaway? Forrester found only 1.2% of companies achieved a score indicating maturity in data management practices. However, organizations are fighting back - and winning.

Subscription Commerce Companies Embrace New Loyalty Paradigm

PYMNTS

He posits that all the talk about the glut of subscription services is because there are so many subscription commerce companies that cover a lot of verticals and subcategories within them.

Dama Debuts Payroll Solution For Cannabis Companies

PYMNTS

Cannabis companies will now have more options for payroll with a new product from Dama , an industry banking and payments company. Per the release, Dama Payroll will be able to integrate with the company’s other solutions.

Some banks are technology companies

Chris Skinner

I know that systems like Erica, short for Bank of AmErica, are up and running … The post Some banks are technology companies appeared first on Chris Skinner's blog. I was having a chat about Artificial Intelligence (AI) in banking the other day. It was an interesting conversation, although most of the examples were for customer service via Chatbots, which doesn’t impress me much.

Walmart Backs Electric Vehicle Company Cruise

PYMNTS

In addition, the company is working with Project Gigaton, a large private-sector consortium for climate action, the release noted. Walmart has invested in San Francisco-based Cruise , which is working on an all-electric fleet of self-driving cars, according to a press release.

Realizing the Benefits of Automated Machine Learning

How are organizations using machine learning and artificial intelligence (AI) to derive business value? Renowned author and professor Tom Davenport explains the rise of automated machine learning, its benefits, and success stories from businesses that are already using it.

Canada's Tech Companies Expect Months' Delay in Supply Chains

PYMNTS

The pandemic has continued to snarl supply chains and cause shipping woes for businesses with Canadian tech companies hit hard, according to Yahoo on Monday (Aug. Yahoo reported that it would likely be even longer before those companies can make up for lost profits.

DoorDash Acquires Robotic Food Prep Company

PYMNTS

Taking the concept of contactless to a new level, DoorDash is buying a robotics company. 8) that it will acquire Chowbotics , a California-based automated food preparation company. The company was founded in 2014, as a B2B-based food preparation service.

CCC Debuts Enterprise Payments For Insurance Companies

PYMNTS

Software-as-a-service (SaaS) provider CCC Information Services has announced plans to roll out an enterprise payments platform to help with electronic payments in the fields of insurance and automotive, a press release said Tuesday (May 4).

Mobile Auto Repair Company RepairSmith Nets $42M In Funding

PYMNTS

The company is planning to expand across the U.S. Mobile auto repair company YourMechanic introduced a consumer app on iOS and Android last week, allowing car owners to order hundreds of services that can be done wherever the customer wants.

How to Choose an AI Vendor

This report explores why it is so challenging to choose an AI vendor and what you should consider as you seek a partner in AI.