PayPal crushes Q2 earnings, Enova buys OnDeck for $90M, Shipt COO on why success requires more than just great tech

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 30, 2020

Next-Gen Payroll Tracker™

Topcoder On The Payroll Must-Haves For Retaining Tech Talent

Businesses are ramping up their digital capabilities during COVID-19 and are turning to gig marketplaces for sourcing talent. But all too often these technology professionals can find themselves waiting up to a month to collect payments, says Dave Messinger, chief technology officer at Topcoder. In the latest Next-Gen Payroll Tracker, Messinger shares the flexible payroll options that are becoming must-haves for hiring and retaining tech talent.

 

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Cloud Kitchens

How Cloud Kitchens Are Reinventing Hotel Room Service, As A Service

Room service is an unprofitable service for hotels, and often a disappointment to guests, even in even the most luxurious hotels. But Butler Hospitality Founder and CEO Tim Gjonbalic tells Karen Webster that his room-service-as-a-service concept using centralized kitchens is bringing service back to in-room dining in NYC hotels, and soon, Chicago, Miami and San Francisco.

 

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Direct-To-Consumer

NowRX CEO: Why DTC Pharmacy Is An Easier Pill For Consumers To Swallow

‘Your margin in my opportunity’ sounds a lot like the direct-to-consumer (DTC) prescription pharmacy playbook where large retail chains bank on foot traffic to buy non-pharmacy items to make a profit. Cary Breese, NowRx CEO, tells Karen Webster that DTC disruptors have optimized the RX supply chain so they can offer consumers both the convenience of same-day delivery and investors plenty of sales with margin leftover.

 

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ATMs

Are ATMs The ‘Mini-Branch’ Of The Future?

The modern ATM can do a lot more than just dispense cash. In fact, Diebold Nixdorf's Sonia Sedler tells PYMNTS that as many financial institutions (FIs) close physical branches to save money, souped-up ATMs that allow customers to interact with staffers via secure video can take their place as ‘mini-branches.’ But, she says, such a plan requires understanding when customers want to talk to a human and when they’re content to deal with a machine.

 

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Digital Shift

Can Kodak's (New) Moment Last?

Kodak stock has risen more than 1,000 percent this week after the company struck a deal with the U.S. government to manufacture generic-drug components. A $765 million government loan should help the firm get started and pivot away from its current film, printing and digital-imaging businesses. Is the plan sustainable or just a ‘Kodak moment’ that’s unlikely to last?

 

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Retail Strategy

Shipt COO: Why Success Requires More Than Just Great Tech

Target-owned grocery-delivery service Shipt has had a huge year so far as the pandemic keeps many consumers at home. But Chief Operating Officer Bridget Fruit tells Karen Webster that the company’s success doesn’t just come from good technology, but from adding in a ‘human connection’ as well. Here’s why that’s key.

 

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What's Hot


Strong Venmo, QR Code Payments Boost PayPal Record Q2 Earnings


Tech Giants’ Hill Testimony Reveals CEO Views On Competition


Enova To Buy OnDeck In $90M Stock And Cash Deal


Report: India’s National Payments Corp Vulnerable To Security Breaches


Telemedicine Startup Heal Draws $100M Investment From Humana


Paytm Money Taps Veteran FinTech Exec As New CEO


Betterment Debuts Cash Goals Feature To Help Users Save


US Lawmakers Aim To Fix PPP Loophole That Could Cost SMBs Billions


Germany Asks For Interpol Help To Find Ex-Wirecard COO


Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach


Best Of Yesterday 


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BECU On Why It Pays To Think Like A Challenger Bank


 

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