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.

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.

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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.

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. All of those billions of dollars for fresh capital will mean that zombie companies can keep funding operations for now. But letting companies load up on debt to survive now might have ripple effects later. economy zombie companies

Intelligent Process Automation: Boosting Bots with AI and Machine Learning

Across all sectors, companies are learning that they can transform their businesses by embracing Intelligent Process Automation, or IPA. With the pairing of AI and RPA, IPA adds a new layer of intelligent decision-making processes to automated RPA tasks. By automating repetitive work, and adding the ability to automate intelligent decision making, intelligent automation frees up your most valuable resources – your employees – to spend more time on higher value and more strategic work. But in order to reap the rewards of Intelligent Process Automation, organizations must first educate themselves and prepare for the adoption of IPA. In our ebook, Intelligent Process Automation: Boosting Bots with AI and Machine Learning.

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.

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. The companies said Dr. Emil is going through “remarkable growth” and has collected a dedicated following by harnessing a “science-backed approach to nutritional supplements.”.

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? I’ve been writing a lot about purpose-driven banking, a theme that resonates around the idea that business focus should be more than just making money. It should also focus upon doing good for society and the planet.

Tractor Supply Company Net Sales Rise 31.4 Pct

PYMNTS

Rural lifestyle retailer Tractor Supply Company reported net sales climbed 31.4 The company reported that all of its geographic areas experienced strong comparable store sales growth, whiles its online shopping sales had “triple-digit percentage growth.”.

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.

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.

B2B Companies Navigate Tricky Cross-Border Marketplaces And Payments  

PYMNTS

The company aggregates multiple financial flows into one settlement and supports these services with comprehensive reconciliation and reporting tools via API. “In

Brexit And SPAC Boom Lure UK Tech Companies To US

PYMNTS

Lawmakers in Great Britain are calling for significant steps to preserve the United Kingdom’s FinTech sector amid threats, including the lack of significant protections in the recent Brexit deal with the EU and the rise of special purpose acquisition companies (SPACs) in the United States.

Russian Hack Used Servers Inside US, Cybersecurity Company Says

PYMNTS

The recently discovered cyber attack on federal government agencies and companies handling data as sensitive as information regarding new nuclear weapons was run from servers within the United States, The New York Times reports.

US 281

DailyPay Debuts On-Demand Pay Tool For Payroll, HCM Companies

PYMNTS

ExtendPX will enable payroll, HCM and time management software (TMS) companies to help implement on-demand pay services to be embedded in the services they offer to customers, the release stated. “As It is time to offer an innovative solution to HCM companies.”.

Tools 176

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.

HSBC Brings Virtual Debit Cards To UAE Companies

PYMNTS

In a development that is reportedly considered to be a banking first in the Middle East, HSBC has rolled out virtual debit cards for United Arab Emirates (UAE) companies, according to a press release posted on Zawya.

FactorForYou Links SMBs With Factoring Companies

PYMNTS

A new website called FactorForYou has launched that is something of an online dating service for small- to medium-sized business (SMB) owners who want to turn accounts receivable (AR) into cash and the owners of factoring companies that make such transactions happen, according to a press release.

The 10-year-old who runs a blockchain company

Chris Skinner

My examples include John and Patrick Collison, Stripe, who were 19 and 21 when they started their business; Andrew Kortina and Iqram Magdon-Ismail, who were in their mid-20’s when they created Venmo; Nicolay Storonsky, who was … The post The 10-year-old who runs a blockchain company appeared first on Chris Skinner's blog. I often talk about the world changing thanks to young people who can code.

The Challenges and Priorities for Finance Teams in 2021

ATM Marketplace

But what information do you need to set your company on the right track in 2021? These days, it seems everyone has an opinion on what we can expect in the ATM and banking industry in the coming year. BillingPlatform shares its annual survey findings

Survey 100

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.

B2B payments companies seek growth amid pandemic  

Bank Innovation

Despite the current economic uncertainty resulting from COVID-19, some business-to-business payment companies are gaining traction with clients and investors alike. “Our Our solution is even more relevant today than it was four weeks ago,” said Sameer Gulati, chief operating officer of the payments company Plastiq. Some of our customers are already using Plastiq as a bridge […].

QSRs Optimize With Machine Learning As Yum! Brands Acquires AI Company

PYMNTS

The company, which owns KFC , Taco Bell , Pizza Hut and other multinational restaurant chains, announced on Tuesday (Mar. 4) that it will acquire AI analytics company Kvantum, Inc. Brands CEO, said in the company release. “We’re

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. They are also known as special purpose companies (or SPACs). In terms of mechanics, the new company would be named Pershing Square Tontine Holdings.

Travelers Companies Now Sends Insurance Claim Payments Via PayPal

PYMNTS

The Travelers Companies, Inc. Auto, property and general liability claims can use Travelers’ link to PayPal for fast and easy reimbursement, the company said in a press release on Wednesday (July 31). The company expects to give PayPal access to workers’ compensation claimants in 2020. Insurance-as-a-service company Setoo recently signed on with a new collaboration between SafeCharge and Visa’s real-time push payments platform Visa Direct to help power speedier payouts.

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.

Today In Retail: Wayfair Exceeds Estimates; Carvana Sales Surge; SA Company Pivots With Pandemic

PYMNTS

The automotive market is surging during the pandemic, and companies like Carvana are reaping the benefits. The company reported a stellar third quarter as used cars and contactless delivery are driving the market. SA Company Takes The COVID Pivot Outside — Literally.

Alleged CapOne Hacker Might Have Stolen Data From 30+ Companies

PYMNTS

Thompson , who has been accused of hacking into Capital One ’s cloud and compromising the data of 100 million people, may have also hacked into upwards of 30 other companies, according to a Bloomberg report. has revealed how many other companies were targeted. Prosecutors did not name any of the other companies involved. It also said Thompson had said she would shoot up a social media company in California, although it isn’t known which one. Paige A.

Indonesia Ride-Hailing Company Announces Plans To Boost Vaccine Drive

PYMNTS

Grab , the Southeast Asia-based ride-hailing company, is collaborating with the government to conduct drive-thru vaccination services in Indonesia, according to Bloomberg.

MineralTree Raises $50M, Buys Two Companies

PYMNTS

the Massachusetts-based accounts payable (AP) automation software provider, announced a $50 million Series D investment round and the purchase of two companies Thursday (Sept. By automating AP, businesses can save as much as 80 percent on associated costs, the company promised.

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.

Companies See Work From Home As A Security Threat

PYMNTS

About 70 percent of the 500 companies surveyed said that they expected remote working during the pandemic to increase the cost of a breach; four-fifths told researchers said they expected it will take longer to notice and secure a breach.

Banks are not technology companies (yet)

Chris Skinner

I’ve been illustrating my frustration with incumbent banks for some time, saying that they lack technology leadership. Almost a third of my new book talks about the biggest challenge for banks to respond to Fintech, Big Data, Cloud, Blockchain and all those other issues is to have leadership. Digital transformation is not a project run … Grid Numbers

NCR Acquires ‘Early-Stage’ Software Company Terafina For Digital Onboarding

PYMNTS

The release said that the “acquisition of Terafina is consistent with NCR’s strategy to acquire early-stage software companies to enhance product capabilities and extend NCR leadership” in its focus areas. Atlanta-based NCR Corp.

Cyberattackers Go Global To Steal Company Cash

PYMNTS

In this week's B2B Data Digest, PYMNTS looks at some of those numbers, finding cybercriminals both within and outside of the enterprise don't discriminate across borders as attacks hit companies in New Zealand, the U.K.

5 Things a Data Scientist Can Do to Stay Current

DataRobot together with Snowflake – a leading cloud data platform provider — is helping data scientists stay current with the latest technology and data science best practices so that they can excel in an increasingly AI-driven workplace. Five Things a Data Scientist Can Do to Stay Current offers data scientists guidance for thriving in AI-driven enterprises.