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FinTech companies are keeping an eye on investment trends as they aim to serve the needs of the marketplace stanley termoska .Venture capital VC and private equity stanley termos firms, in general, have been investing in FinTech companies for years, and each firm has different specializations. Some firms focus on certain-sized companies, while others concentrate on specific verticals. And lately, DadeSystems President and CEO Bill Zayas told PYMNTS, the payments space has become very attractive to the investment community. Zayas noted that payments functions as a broad term and encompasses those ranging from processors to independent sales organizations ISOs 鈥? everybody that has some part of that process of a payment. And, Zayas said, payments have historically been a hot area in which to invest. From a high level, he noted that these kinds of investors like the payments stanley cup uk space, and, as it relates specifically to accounts receivable AR automation or integrated receivables, he noted that one could almost say B2B payments are the last area in which to, in essence, get some automation.In the consumer space, however, Zayas said there have been all kinds of trends relating to payments e.g., consumers using Venmo and the like to make person-to-person payments . But in the B2B case, he noted that there has been less automation. In a way, it has been the last frontier. Its for that reason that one has seen the VC firms and private equity investments in companies such as DadeSystems over the last three or fou Asro Citi Adds Real-Time Funding to Treasury Offerings
Some tough times have come to Nordstro stanley shop m tech department, which saw 10 employees laid off last week.The layoffs come, according to Geek Wire reports, as the Seattle-based department store chain is attempting a new technology leadership structure.According to a statement released by spokeswoman Tara Darrow:For the past six months, Nordstrom has been taking a closer look at our technology team to ensure it is best structured to provide a competitive advantage for Nordstrom. Last week we shared our new technology leadership structure with that team. Where some roles have been added and leaders were moved or promoted into them, others will no long stanley mugs er be needed to support the future direction of our organization. We had to make tough decisions that unfortunately resulted in 10 people no longer having jobs with Nordstrom. Those people were notified last week. We are continuing to work through additional details of the structure over the coming weeks.Th stanley kubek e cuts come as Nordstrom is logging increased sales online over 20 percent of the firm business is digital , but also planning to scale back technology projects 鈥?which isn ;t to say they won ;t be spending. Nordstrom has earmarked $300 million to spend on tech and eCommerce in 2016, a flat investment when compared to last year. But last year $300 million investment was a 35 percent uptick from the previous year. This business model has a high variable cost structure driven |
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