Month: March 2022

digital transformation

What is Digital Transformation, and Why is it Important?

In the modern era, ‘digital’ is the talk of the town. We come across terms like digital data, digital transformation, digital marketing, and so on. Everyone wants to adopt digital. What is digital transformation? What are its benefits to different industries? What is Digital Transformation? Digital transformation is the effective integration of high-end digital technology …

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restaurant loyalty programs

A High Percentage of Restaurant Customers Report Using Loyalty Programs

With leading brands like Taco Bell and McDonald’s shifting toward pop culture and garnering a spot in social conversation, millennials have made food marketers realize that food is fuel.  The advent of the global pandemic only complicated the existing connection, however. Restaurants have been asked to ensure safer food delivery while minimizing overall contact. Later, …

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cvs health

CVS Makes $3B Technology Investment as COVID-19 Landscape Set to Change Dramatically

CVS plans to invest around $3 Billion on the concept of digital enhancements for improving the overall consumer experience and their community locations. The report was generated by Shawn Guertin, the Chief Financial Officer and Executive Vice President of CVS.  The company has managed to reach around 5.6 million subscribers to the CarePass program in …

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high risk merchant account trends

High-Risk Merchant Account Trends 2022 and What You Need To Know

Accepting credit cards today is a must-have for almost all businesses these days. Not only are customers shifting their purchases to third-party apps for basic things such as taxis, renting a place to live, ordering take-out, medicine, or paying for groceries, they’re looking to do it via a cashless and touchless transaction. What was expected …

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verifying customers identities

Many Businesses Say Verifying Customers’ Identities is a Major Challenge

The online environment of identity management has become more dynamic than ever before. It is an interactive and flexible system that has made it possible to establish and manage digital identities. These components are crucial in serving as authentic proof of identity to access contemporary sharing systems like digital banking, e-commerce platforms, travel services, and …

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wayfair partnership with capital one

Wayfair Ensures Partnership with Capital One on Credit Offerings

Wayfair is regarded as one of the largest online destinations for home goods. Recently, it made the announcement about its business program – known as Wayfair Professional. With this program, Wayfair has entered into a strategic partnership with Capital One. The partnership is aimed at offering a reliable credit program to the professionals using Wayfair.  …

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swift international payments system

What is SWIFT? How does This International Payment System work?

SWIFT has become a hot topic amid the Russia-Ukraine war as several Western countries are considering this option to apply sanctions on Russia for its invasion of Ukraine. Russia is the second-largest user of the SWIFT payment system after the United States. More than 300 Russian institutes use this global payment system to send/receive payments. …

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