Senators want retailers to take cash, Amazon eyes October for Prime Day, Wells Fargo on reviving the SMB economy | | How Payments Is Powering The Travel Industry's Return The global pandemic hit the travel industry earlier and harder than almost any other sector, but Colin Smyth, head of travel at payments platform Flywire, tells Karen Webster that payments upgrades will be key to the segmentâs recovery. After all, travel firms will have to carefully locate and manage cash until conditions eventually return to normal. Hereâs the more-important-than-ever role that payments now plays. |
Red Hat: Migrating To The Cloud And The Risk Of Sticking With The Status Quo The firms that have recently opened their eyes to the importance of migrating to the cloud will soon begin the hard work of actually taking that journey. Tim Hooley, chief technologist, EMEA, FSI at Red Hat, tells PYMNTS that cloud migration doesnât have to be an overwhelming process â and hesitating merely leaves key enterprise processes stuck with legacy systems and the status quo. |
Vicarious: Thereâs Robots, Then Thereâs 'Robots-As-A-Service' Model Jeff Bezos, Elon Musk, Mark Benioff and Mark Zuckerberg all have something in common other than being billionaires â they all invest in a robotics company called Vicarious. CEO Scott Phoenix says Vicarious aims to move robots from devices you buy to a "Robots-as-a-Service" business model. You use them for a while and return them, and Vicarious uses AI to teach them new tasks. |
Bringing 21st Century Technology To A 12,000-Year-Old Industry Agricultural-imaging company TerrAvion is bringing modern technology to what’s perhaps the world’s oldest business – farming. Company founder and CEO Robert Morris tells PYMNTS that agriculture has been adding new technologies for 12,000 years, and his firm hopes to take it to the next level so that farmers can plant the crops that people want to eat and grocery stores want to buy. |
The Great (Muted) Fourth Of July Holiday Trek Forecasts say travel will be down this Fourth of July holiday weekend, but not by that much if you’re traveling by car. Experts say that Americans are still looking to vacation in cabins and even luxury hotels — but not too far from home. Here’s what else they expect. |
| PYMNTS Video | Wells Fargo On What It Will Take To Revive The SMB Economy The pandemic has forced many SMBs to pivot to digital-first operations, and Colleen Taylor, executive vice president and head of merchant services at Wells Fargo, tells Karen Webster that many wonât look the same even after the crisis recedes. From going to omnichannel to offering contactless commerce, hereâs how she expects them to change â and how the merchant acquiring landscape will need to adapt to serve them. | | |
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