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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. All of the above.

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Bad Actors Emerge in PPP Lending – More Expected as Forgiveness Guidance Emerges

Abrigo

The Department of Justice (DOJ) recently charged two businessmen in Rhode Island with fraudulently seeking PPP loans, the first in the country linked to the loan program. In the case of the two men in Rhode Island, there were several red flags pointing to fraud. Industry officials warn it won’t be the last. SBA Lending.

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TRENDING: An Inside Look At Applebee?s Mobile Order Ahead Strategy

PYMNTS

From QSRs to casual dining operations, restaurants are tapping into mobile ordering to capture busy customers with no time to dine in. That’s a problem that Apex Order Pick-Up Technologies – from Apex, a self-service automation provider – is hoping its new in-store order pickup lockers could solve.

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Kohl’s To Debut New eCommerce Facility, Small-Format Stores

PYMNTS

The 937,000-square-foot facility will be home to the most recent technology, allowing the company to quickly process, fill and ship online orders as quickly and efficiently as possible. 2017 will be located in Rhode Island, Ohio, New Jersey and California. The four brick-and-mortar locations Kohl’s will debut by Oct.

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How Charitable Giving Boosts Online BNPL Sales, Customer Engagement

PYMNTS

Brooklyn, New York-based technology accessories eCommerce company Casely established charitable giving as part of its core mission when it was founded in 2017 with the launch of its Every Case Counts initiative, which donates 5 percent of proceeds to a designated charity organization each month.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

The betting platform – which is managed via DraftKings, which won the competitive bid for the project – has been operating since late December, and saw a spike in activity over the weekend. In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31

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The United States Of Fintech: The Most Well-Funded Fintech Startup In Each State

CB Insights

Across the US, well-funded companies are rethinking how the financial system operates. D3 Technology. Rhode Island. We excluded companies that have not raised equity funding since 2015 and excluded funding from debt as well as lines of credit. $ 27.5. New Jersey. Oscar Insurance Corporation. North Carolina. AvidXchange.