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If Cash Won’t Die, Why Not Manage It Better Digitally?

PYMNTS

However, even as the use of cash declines, there is mounting evidence that it’s not going anywhere, whether it be the ongoing political backlash to the concept of a cashless retail economy or merely the realization among many consumers that using cash instead of credit cards is a better way to keep from sinking into debt. Kickfin Play.

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NJ Lawmakers: Brick-And-Mortars Must Accept Cash

PYMNTS

According to Chain Store Age , the legislation requiring all brick-and-mortar retailers to accept cash was unanimously approved by the N.J. The bill, which is set to go before the full state Senate, excludes retailers inside airports from the cash requirement, as well as sales made online and by telephone or mail.

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Philly Consortium Advances ‘Regenerator’ Concept For SMBs

PYMNTS

The data painted a dark picture for Main Street retail this week, with a new Facebook & Small Business Roundtable study showing that over 30 percent of small to medium-sized businesses have either failed or don’t see a way forward due to the pandemic. It’s called Main Street Regenerators.

Maine 138
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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

News has emerged, via Bloomberg , that Singapore-based automotive subscription operation Carro has gained the top automotive investment banker for HSBC in Asia as the company’s new chief financial officer. Drivers will be able to access Mercedes-Benz vehicles in Philadelphia and Nashville with the launch, the company said in an announcement.

Nashville 130
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Banks and CDFIs: Partnering for community impact

Abrigo

CDFIs are attractive partners to banks in part because of their long, 30-plus-year track record of managing capital, with few examples of investor losses. There are several resources available to help banks find CDFIs that operate in their Assessment Areas. Banks and CDFIs will also frequently co-invest in projects.

Community 246
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How Ghost Kitchens Are Altering The QSR Landscape

PYMNTS

These are just some of the ways companies are tapping into the latest restaurant innovations with the help of technologies such as artificial intelligence (AI) and automated retail: Among diners, 71 percent would be open to QSRs incorporating AI. The new law would require most retail outlets to accept physical currency.

Tampa 134
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Farmer’s Fridge On The Importance Of Digital Upgrades

PYMNTS

Vending machines have come a long way from their origins as coin-operated appliances that dispense sodas or candy. cities, including Chicago, Milwaukee, New York City and Philadelphia, and it plans to expand to additional locations. From the supply-chain side, I have to be able to manage a highly perishable inventory,” he said.

Milwaukee 130