Restaurants: Page 2

  • Fiserv CEO Frank Bisignano
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    Eugene Gologursky / Stringer via Getty Images

    Fiserv cuts deeper into workforce

    Payment processing giant Fiserv pared more employees in recent weeks as the company seeks to boost profit margin growth amid economic turmoil.

    By Oct. 11, 2022
  • Fed Reserve Chair Jerome Powell standing at podium and adjusting his glasses with his hand.
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    Drew Angerer via Getty Images

    Fed majority votes to finalize debit rule

    In a 6-1 vote, the Federal Reserve finalized a debit card processing rule that underscores a requirement that multiple card networks be available for routing transactions, including online.

    By Oct. 4, 2022
  • A person types on a computer with omni-commerce images over top
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    Blue Planet Studio via Getty Images

    Fiserv adds data service for large merchants

    The payments processor’s new Carat point-of-sale offering aims to help big businesses optimize transaction data.

    By Oct. 4, 2022
  • Sen. Durbin grimaces at committee meeting.
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    Anna Moneymaker via Getty Images

    Durbin maps path for card bill

    Sen. Dick Durbin and his Republican ally, Sen. Roger Marshall, seek to attach their credit card competition legislation to a defense spending bill.

    By Oct. 3, 2022
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    Joe Raedle via Getty Images

    Grocery, restaurant spending climbs: Mastercard

    “Consumers are shifting their spending in the face of higher prices and a reinvigorated appreciation for experiences,” Mastercard said in a new report.

    By Tatiana Walk-Morris • Oct. 3, 2022
  • Worker using point of sale system in coffee shop
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    time99lek via Getty Images

    Fintechs gain ground in merchant acquiring

    New businesses are far more likely to opt for integrated software vendors over legacy providers, McKinsey discovered.

    By Oct. 3, 2022
  • A picture of a woman standing inside a bakery.
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    Permission granted by Uber Eats

    Visa, Uber issue $1M in grants to small business owners

    The Local Initiatives Support Corporation has selected 100 active Uber Eats partners, who are primarily business owners of color, to receive $10,000 grants.

    By Julie Littman • Sept. 30, 2022
  • A picture of a woman holding up a credit card in front of a laptop.
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    wichayada suwanachun via Getty Images

    DoorDash teams with Chase, Mastercard on credit card

    Co-branded cards have been proven to increase customer frequency, which could also deepen loyalty.

    By Julie Littman • Sept. 27, 2022
  • An image of a webpage from Uber Eats
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    Permission granted by Uber Eats

    Uber Eats integrates with Toast, Clover

    The integrations will allow Uber Eats’ restaurant partners to onboard with both their POS provider and the delivery company much faster. 

    By Julie Littman • Sept. 27, 2022
  • PNC Bank
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    "PNC" by ParentingPatch is licensed under CC BY-SA 3.0

    PNC buys restaurant point-of-sale firm Linga

    The Pittsburgh-based bank is boosting its payments footprint as banks from Banc of California to JPMorgan Chase are making similar large investments.

    By Anna Hrushka • Sept. 27, 2022
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    Michael M. Santiago via Getty Images

    QR code resurges for payments

    “Businesses that have consigned QR technology to the tech graveyard would be wise to give it another look,” writes Mike Storiale, Synchrony’s VP of innovation development.

    By Mike Storiale • Sept. 22, 2022
  • Small business owner talks on phone while standing at register
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    gorodenkoff via Getty Images

    Profits slip for small businesses: survey

    Three in 4 small business leaders are feeling squeezed by inflationary pressures, American Express discovered, and more than half expect don’t expect inflation to subside until summer 2023.

    By Tatiana Walk-Morris • Sept. 21, 2022
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    Justin Sullivan via Getty Images

    House lawmakers add credit card competition bill

    Members of Congress on Monday introduced the House companion to a Senate bill seeking to rein in the Visa-Mastercard credit network “duopoly.”

    By Sept. 20, 2022
  • Two people open flower shop
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    ferrantraite via Getty Images

    Square adds services in Spanish

    The Block-owned merchant platform debuted its Spanish-language tools in an effort to serve a bigger share of Hispanic-owned businesses in the U.S.

    By Tatiana Walk-Morris • Sept. 19, 2022
  • Stack of credit cards spread out
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    alexialex via Getty Images

    Amex, Discover see lasting credit changes

    The chief financial officers at American Express and Discover each said this week that pre-pandemic credit metrics for delinquencies and charge-offs won’t soon return.

    By Sept. 15, 2022
  • Several Visa cards spread out on surface revealing company's logo.
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    Justin Sullivan via Getty Images

    Visa raises concerns on new gun code

    Visa cautioned the public about perceiving a new merchant code for gun-sellers as a means to interfere with any lawful sales. And the NRA said it’s seeking to water down implementation of the new code.

    By Sept. 14, 2022
  • Truck driving past entrance with Google sign.
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    Justin Sullivan/Getty Images via Getty Images

    Google invests in new cohort of Black entrepreneurs

    The tech behemoth invested another $5 million in Black entrepreneurs, including some that have founded firms in the payments arena.

    By Tatiana Walk-Morris • Sept. 9, 2022
  • A man and woman looking at receipts inside a cafe
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    Ridofranz via Getty Images

    Mesh Payments raises $60M

    The payments company hopes to gain more business-to-business payments market share as the demand for expense management services rises.

    By Tatiana Walk-Morris • Sept. 8, 2022
  • A plastic-gloved hand gives a $100 bill to another hand.
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    Mario Tama via Getty Images

    U.S. adults using mostly cash drops sharply

    Affluence and age significantly affect whether people choose to use cash for purchases, according to the latest Gallup poll on cash use in the U.S.

    By Debbie Carlson • Aug. 31, 2022
  • Jimmy John's restaurant 2021, QSR
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    Courtesy of Jimmy John's

    DailyPay releases card with Visa

    The earned wage access provider introduced the new debit card after major changes in leadership earlier this year.

    By Tatiana Walk-Morris • Aug. 23, 2022
  • A man carrying orange bags with the word Grubhub on the side.
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    Courtesy of Grubhub

    Grubhub offers BofA cardholders loyalty program perk

    The delivery company is working with outside companies to expand its reach by offering limited free membership in its GrubHub+ loyalty program.

    By Julie Littman • Aug. 19, 2022
  • Cash dollars lying on the ground
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    Rrraum via Getty Images

    Payments fundraising slows down in Q2: PitchBook

    Point-of-sale, payroll, accounts payable and accounts receivable startups are leading the way in funding for payments startups, according to PitchBook.

    By Tatiana Walk-Morris • Aug. 19, 2022
  • Close-up image of cash and credit cards
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    bernie_photo via Getty Images

    Credit card alternatives rise

    Consumers are pulling back on use of their primary credit cards in favor of other payment methods, according to a survey from J.D. Power.

    By Aug. 18, 2022
  • Restaurant diners eat outside
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    Spencer Platt / Staff via Getty Images

    Restaurant gift card sales dip

    Restaurant gift card sales for the first half of this year were down about 2% over the period last year, according to software provider Paytronix.

    By Aug. 17, 2022
  • Jason Gardner, Marqeta
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    Courtesy of Marqeta

    Marqeta executive exodus follows IPO

    Of 10 top executives leading the company at its IPO last year, only three remain, including CEO Jason Gardner, who said he plans to exit that role and become executive chairman.

    By Jonathan Berr , Aug. 17, 2022