Ally Expands Financing Into Retail With Mastercard Vyze Partnership

Cision PR Newswire | August 25, 2020

Ally Expands Financing Into Retail With Mastercard Vyze Partnership
Ally Lending, the personal lending arm of Ally Bank, a subsidiary of Ally Financial Inc. (NYSE: ALLY), today announced its partnership with Vyze, Mastercard's leading alternative financing platform for retailers. Ally's entrance into point-of-sale retail financing builds on its deep experience and rapidly growing footprint in healthcare and home improvement lending. Ally Lending will serve as the first installment loan lender on the Vyze platform, giving thousands of retail merchants access to a financially stable lender for higher-ticket sale options.

Spotlight

Oracle surveyed 323 communications technology decision-makers about how they might overcome challenges and harness opportunities by leveraging cloud communications. Cloud-based solutions have overtaken [or superseded] earlier attempts to integrate communications into business practices and integrate disparate communications systems.


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RESTAURANT POS

Agilysys To Acquire Resort & Hotel Management Software Provider ResortSuite

Agilysys | December 18, 2021

Agilysys, Inc., a leading provider of next generation SaaS software solutions, announced it has entered into a definitive agreement to acquire ResortSuite, a Canada-based fully integrated property management solution provider focused on the complex multi-amenity and resort market. This acquisition creates the opportunity to bring next generation SaaS solutions to ResortSuite customers who have been served well by a trusted partner for more than twenty years. With unparalleled experience and commitment to the hospitality industry and innovation driven roadmaps and expertise, this combination will enable revenue synergies and delivery of world class integrated hotel property management and contactless capabilities to the global hospitality industry. Only a handful of technology providers have the experience and expertise to offer robust, comprehensive and end-to-end integrated property management solutions which can help run complex resort environments and enable enjoyable guest experiences. This acquisition combines two such providers creating the most compelling hospitality technology unit serving the resort market. Frank Pitsikalis (CEO & Founder of ResortSuite) and his talented team have built a company with deep understanding of hospitality and a long history of providing world class service to some of the most well-known resorts and spas across several regions, including the U.S., U.K. and Canada. Thanks to our successful recent product modernization efforts, ResortSuite customers will enjoy numerous modern technology options including migrating to the cloud.” Ramesh Srinivasan, President & CEO of Agilysys The transaction is expected to close the beginning of January 2022 for approximately 25 million USD in an all-cash deal subject to customary closing conditions. Further details of the transaction will be discussed during the upcoming Agilysys fiscal 2022 third quarter earnings call towards the end of January 2022. CIBC Capital Markets Inc. acted as exclusive financial advisor to ResortSuite. About ResortSuite ResortSuite provides a fully integrated suite of hospitality solutions for the full service and resort market such as property management, spa, golf, sales & catering, retail, food and beverage, ski and concierge applications to manage properties with multiple amenities. ResortSuite operates out of headquarters in Toronto, Ontario and services multiple geographic areas, including Canada, the United States, the United Kingdom and the Caribbean. About Agilysys Agilysys has been a leader in hospitality software for more than 40 years, delivering innovative cloud-native SaaS and on-premise guest-centric technology solutions for gaming, hotels, resorts and cruise, corporate foodservice management, restaurants, universities, healthcare, and sports and entertainment. Agilysys offers the most comprehensive software solutions in the industry, including point-of-sale (POS), property management (PMS), inventory and procurement, payments, and related applications, to manage the entire guest journey. Agilysys is known for its leadership in hospitality, its broad product offerings and its customer-centric service. During recent years, Agilysys has made major investments in R&D and has successfully modernized virtually all their longstanding trusted software solutions. Some of the largest hospitality companies around the world use Agilysys solutions to help improve guest loyalty, drive revenue growth and increase operational efficiencies. Agilysys operates across the Americas, Europe, the Middle East, Africa, Asia-Pacific, and India with headquarters located in Alpharetta, GA.

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POS HARDWARE

Kiosk and Digital Signage News from Industry Group & Kiosk Association (KMA)

Kiosks | January 13, 2022

January news from the Industry Group & Kiosk Association: NRF is coming up this weekend and we are hopeful our retail facial payment finalist takes home the "Best Payment Innovation" award. The transactions and enrollment numbers certainly justify it. We also thank Jim Kruper with KioWare who is managing the booth. Stop by and see contactless self-order, assistive technology ala McDonalds and the new Ingenico Self-4000 terminal. He is featured on our portal page on NRF -- NRF Big Show #1606 Big legal ADA news is Quest Diagnostics got very bad news on two fronts. The class action part will drive remedial actions across the entire country, and all units. That originally inexpensive kiosk has the definite possibility now of turning out to be an expensive choice. For the upcoming DSE show in Vegas/March, besides hoping COVID will subside, we are hoping to show a cool 4K 85-inch demo deployed recently at super major retailer (they sell staples?). At NRA our odds are pretty good we will have the Samsung "KMA" kiosk in our booth (running Nanonation partner software). We are in the Tech Pavilion. New Gold sponsors - FEC POS -- now entering self-checkout (SCO) kiosk market. American Kiosks - offices here in Colorado. Custom projects is prime competency.

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POS SOLUTIONS

Revel Systems Partners with Adyen to Provide Integrated Payments Solution in International Markets

Revel-Systems | January 10, 2022

Revel Systems, the market leading cloud-native point of sale (POS) and complete business management platform, today announced a partnership with Adyen, the global payments platform of choice for many of the world’s leading companies. Leveraging Adyen for Platforms, Revel Systems will launch Revel Advantage International, an integrated payment solution. Revel has thousands of international clients across the globe who will benefit from having a payments solution that integrates directly with its cloud-native POS platform. “I am very excited to work with Adyen and open up new markets for Revel with integrated payments. We have worked with Adyen for some time and have been impressed with their solution and innovation in the space, Nothing is more important these days than making technology acquisition easy, integrated, and affordable for merchants, and the partnership between Revel and Adyen brings that to the market.” -Greg Dukat, CEO, Revel Systems. Revel Advantage International offers merchants the ability to work with one vendor for technology, support and services to ensure their POS and payments solution is running smoothly. With a streamlined approval process and expedited onboarding, clients can be up and running quickly to take advantage of Revel Advantage International’s industry-low rates and best-in-class security. Revel’s clients will benefit from no application fees, reduced processing fees and simplified flat-rate pricing options. In addition, clients will also receive payment devices that are EMV-compliant. These devices will give customers a variety of ways to pay, including all major card schemes, pay-at-the-table functionality, WeChat Pay, AliPay, Interac Debit (Canada only), EFTPOS (Australia only), mobile wallet payments and more. “We are thrilled to deepen our partnership with Revel, as they continue to expand across international markets, and we look forward to helping their restaurant and retail clients benefit from an integrated payments solution, Adyen for Platforms powers a wide range of marketplaces and platforms to continually enhance their service offering, gain access to the latest payment innovations, and scale globally using a single payment system. Revel will benefit from these capabilities, allowing them to create an even better customer experience.” -Roelant Prins, Chief Commercial Officer, Adyen. About Revel Systems Revel’s point of sale and business solutions provide a native cloud technology platform that is at the heart of our clients’ businesses. Revel’s platform helps restaurants and retailers deliver a better customer experience, diversify revenue streams, and scale their businesses with ease. The Revel Enterprise® solution is tailored for large chains and leads the industry with a broad footprint of national, big brand customer implementations. Revel is committed to client success and strives to be a people-first business, leading with integrity and transparency. ​​About Adyen Adyen (AMS: ADYEN) is the payments platform of choice for many of the world’s leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers' globally preferred payment methods. Adyen delivers frictionless payments across online, mobile, and in-store channels. With offices across the world, Adyen serves customers including Facebook, Uber, Spotify, Casper, Bonobos and L’Oréal. The cooperation with Revel Systems as described in this merchant update underlines Adyen’s continuous growth with current and new merchants over the years.

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Walmart meets commitment to hire 150,000 associates, pledges to hire 50,000 more

indiaretailing | April 20, 2020

Walmart is committed to helping the fellow Americans seeking work, while serving customers during this unprecedented time. The brand recently committed to hiring more than 150,000 new associates by the end of May. Since then, it has had over 1 million applicants, hiring an average of 5,000 people per day. Walmart reached its goal in less than a month – more than six weeks ahead of schedule and announced a new commitment to hire an additional 50,000 associates.

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Spotlight

Oracle surveyed 323 communications technology decision-makers about how they might overcome challenges and harness opportunities by leveraging cloud communications. Cloud-based solutions have overtaken [or superseded] earlier attempts to integrate communications into business practices and integrate disparate communications systems.

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