PYMNTS AM Radar: Main Street Cash Flow; 3B Missed Opportunities; Digital Loyalty - PYMNTS.com

The restaurant industry is being eyed as a barometer of how local mom and pop shops on Main Street will bounce back post-pandemic — and it turns out cash flow is king. Plus, the gaming industry has 3 billion reasons why advertisers should be paying attention to an underutilized and growing landscape. Here’s what else should be on your radar Thursday (April 14).
Main Street Cash Flow: In a PYMNTS interview,  Prashant Gandhi, chief business officer at Melio, and Adam Dunn, owner of beloved Cape Cod restaurant The Pheasant in Dennis, Massachusetts, discuss the importance of cash flow for Main Street businesses. Restaurants are being eyed as a barometer of how mom and pop shops are faring post-pandemic. As the busy summer season gets closer, cash on hand makes for a strong kick-off. READ MORE
3B Missed Opportunities: The gaming industry has a minimum of 3 billion sets of eyeballs that rarely see an ad, which adds up to a lot of missed opportunities. Itamar Benedy, co-founder and CEO at Anzu, told PYMNTS’ Karen Webster that every brand in the world likely overlaps with the gaming audience. Immersive ads that don’t disrupt gamers’ space will find success and will stand out in a largely untapped landscape. READ MORE
Digital Loyalty: Rebates, loyalty programs, coupons, sweepstakes, and other rewards increase the likelihood that a consumer will make a purchase. In the latest Expanding Payments Choice Playbook®, PYMNTS takes an in-depth look at how implementing digital incentives can give businesses the edge they need to stand apart in a crowded environment. READ MORE
Keeping Up with Compliance: Tomáš Novotný, head of treasury for the Czech Republic-based firm Eurowag, told PYMNTS that the many rules specific to the heavily-regulated commercial road transportation (CRT) sector in the European Union can make compliance especially challenging. Eurowag is trying to make it easier with its payments and mobility platform connecting trucking companies in the CRT industry and their drivers with toll and energy providers, regulators and shippers and financial services providers. READ MORE
Taming the Paper Tiger: Having to wrestle too many paper and manual processes is particularly arduous when month-end and quarter-end coincide. Routable CEO Omri Mor told Karen Webster that modernizing business payments and automating payables can speed the process and make closing the books easier no matter the timing.  READ MORE
——————————
NEW PYMNTS DATA: THE FUTURE OF BUSINESS PAYABLES INNOVATION STUDY– APRIL 2022
Plastiq - The Future Of Business Payables Innovation: How New B2B Payment Options Can Transform The SMB Back Office - April 2022 - Learn how all-in-one payment solutions can help businesses streamline B2B transactions and remove AP and AR management frictionsPlastiq - The Future Of Business Payables Innovation: How New B2B Payment Options Can Transform The SMB Back Office - April 2022 - Learn how all-in-one payment solutions can help businesses streamline B2B transactions and remove AP and AR management frictions
About: While over half of SMBs believe that an all-in-one payment platform can save them time and improve visibility into cash flows, 56% believe that the solution could be difficult to integrate with existing AP and AR systems. The Future Of Business Payables Innovation Report, a PYMNTS and Plastiq collaboration, surveyed 500 SMBs with revenues between $500,000 and $100 million to explore how all-in-one solutions can exceed SMBs’ expectations and help future-proof their businesses.
Consumers are buying less and spending more, according to recent PYMNTS research. The dollar has less buying power, and many consumers are…
Consumers have become accustomed to simple, nearly effortless payments online. That simplicity entails risk for consumers and the eCommerce companies that court…
In today’s FinTech news, for the first time ever, the Boston Red Sox are not taking cash for hot dogs, beer, shirts…
You have successfully joined our subscriber list.
© 2022 What’s Next Media and Analytics™

source

Leave a Reply

Your email address will not be published. Required fields are marked *