As payments shift from traditional and manual workflows to automated, digital ones, everything will change. And that’s a good thing for global commerce. “Across the global landscape, three things are driving payments modernization,” Rossana Thomas, vice president and general manager of Enterprise Payments Platform at...
Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes that average hourly earnings for restaurant workers have risen by 66% since 2017 compared to 40% for retail workers. However, these costs...
Even as Main Street businesses outperform the rest of the economy, there’s a whole different set of rules for restaurants. For example, PYMNTS Intelligence found that over the last 12 months, Main Street businesses have operated with the lowest risk of closing since early 2020. A report from Fiserv went into...
As shoppers integrate digital technologies into their retail journeys before and after entering the store, their brick-and-mortar expectations are evolving. PYMNTS’ Q1 eBook, “The Implications of Uncertainty,” draws on insights from 18 payments industry executives. Jeff Pomeroy, SVP and head of omnicommerce at Carat from Fiserv,...
May 31, 2024
As payments shift from traditional and manual workflows to automated, digital ones, everything will change. And that’s a good thing for global commerce. “Across the global landscape, three things are driving payments modernization,” Rossana Thomas, vice president and general manager of Enterprise Payments Platform at Fiserv, told PYMNTS for the series “What’s Next in Payments: […]
May 13, 2024
Even as Main Street businesses outperform the rest of the economy, there’s a whole different set of rules for restaurants. For example, PYMNTS Intelligence found that over the last 12...
April 25, 2024
Businesses that use data strategically can unlock opportunities, fuel growth and reduce risk, Jeff Pomeroy, SVP and head of Omnicommerce at Carat from Fiserv, writes in the new PYMNTS eBook,...
March 21, 2024
Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be changing, the password is still...
May 31, 2024
Forward plans to help more software-as-a-service (SaaS) companies add payments as a product after raising $16 million in seed financing. The company will use the new financing to meet the growing demand for this offering and to apply artificial intelligence (AI) to the risk functions of payments, Forward said in a Thursday (May 30) press […]
May 14, 2024
Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes that average hourly earnings for...
April 30, 2024
Payments technology firm Fiserv is offering billers new communications tools to get paid faster. The new capabilities, announced Tuesday (April 30), let billers incorporate call-to-action notifications and alerts into existing workflows to send...
April 17, 2024
Payments firm Fiserv has debuted a self-service solution for the restaurant industry. The company’s new Clover Kiosk — and an enhanced 24-inch Clover Kitchen Display System — are designed to integrate with...