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pymnts | January 29, 2020

Big chains and eCommerce operators tend to drive retail innovation or make the most news when commerce fails but small, local and even mom-and-pop operations are getting more focus these days via various forms of change, innovation and disruption. Faire Chief Technology Officer and Co-founder Marcelo Cortes has a plan, as revealed in a recent PYMNTS interview. Cortes had a previous job as engineering lead for Square Cash. Today Square has built a powerful commerce ecosystem around a robust platf...

Invoiced | April 23, 2020

Invoiced, as part of its new A/R Cloud application, will now offer a new artificial intelligence-based cash application engine. The program will enable users in fields like accounting, finance and operations to utilize tools to identify, import and match unapplied payments with the invoices, balances and customers they go together with. There will be configurable settings to help companies match up how exactly they want to deal with payments — and with the CashMatch AI program, an algorith...

PYMNTS | April 29, 2020

To include pandemic escape clauses and further mitigation, certain retail renters are seeking to recast their leases. Many retail leases restrict the occupant from seeking an abatement due to interruption or “force majeure” clauses, but counsel for renters indicate they are pushing to have these measures be part of new agreements, The Wall Street Journal reported. Landlords have said that other renters are seeking measures that freeze rent payments during periods when shops ar...

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Epicor | October 01, 2021

Epicor, a global leader of industry-specific enterprise software to promote business growth, announced today that it has entered into an agreement to acquire CBC Computer Systems and its industry-leading Decor Fusion Point-of-Sale software for Paint and Decorating retailers. Financial terms of the agreement were not disclosed. The transaction is expected to close by Oct. 4, 2021. CBC Computer Systems' industry-leading technologies and expert staff will complement and strengthe...