Electric car giant Tesla has received a $3 billion boost thanks to deals inked with two of the biggest U.S. automakers, General Motors and Ford. General Motors and Ford have agreed to adopt Tesla’s North American Charging Standard (NACS) for their electric vehicles, making it...
Digital services have become par for the course in modern payments and banking. Issuers, processors and acquirers are all taking note, particularly as the risks of relying on legacy infrastructure systems to power their networks are becoming more apparent in the face of emergent, cloud-based...
As grocers look for ways to take advantage of the efficiency of self-service options while mitigating the drawbacks, Walmart is looking to generative artificial intelligence (AI) to make its digital tools smarter and more effective. “We’ve long talked about the need for self-service,” Walmart Executive...
Dish Network is reportedly in discussions to offer wireless plans via Amazon. The arrangement could give Dish’s fledgling mobile phone network a crucial lifeline for its 5G rollout, The Wall Street Journal (WSJ) reported Thursday (May 25), citing unnamed sources. Details of phone plans offered via Amazon’s website...
The hospitality industry has been experiencing staffing shortages across the board in recent years, with both hotels and restaurants feeling the squeeze. The industry has been slow to recover from pandemic-related furloughs and economic conditions, with many employees shifting careers entirely to work in other...
PYMNTS interviews Andrew Robbins, CEO of Paytronix, about how restaurants can mitigate their ongoing staffing problems and increase revenue. — Restaurants have an economic tailwind at their backs, but staffing shortages dating from the pandemic’s onset continue to hamper their success. The ongoing economic recovery...
The pandemic had a massive ripple effect on jobs throughout the hospitality industry. Travel restrictions and social distancing brought business and recreational travel to a standstill. The industry has been slow to recover, partly due to Zoom and other teleconferencing services supplanting many forms of...
Here’s a quick way to age yourself — remember your first qwerty keyboard phone? Whether it was a Nokia, a Motorola Razr, now known as a “dumb phone,” or a more upscale Blackberry or Sidekick, aka a “feature phone,” these devices were at one time...
For brick-and-mortar retailers — convenience stores especially — boosting foot traffic is essential. And for some forward-thinking merchants, the way to charge sales and boost basket sizes is to offer a charge in the parking lot. Literally. Earlier this month, 7-Eleven announced 7Charge, billed as...