Cashless Payments Are a Boon for Vending Machines
Consumers spent more than $3.5 billion at food and beverage vending machines in 2024, a 15% increase over 2023. While vending machines were initially thought to be poorly suited for credit cards and digital payments—due to concerns over transaction fees on small purchases—the opposite has proven true. Indeed, cash-operated vending machines are quickly becoming a […]
How Stripe’s Stablecoin Can Differentiate Itself in a Crowded Market
Stripe has invited companies outside of the United States, the UK, and the EU to participate in trials of its U.S. dollar-backed stablecoin. Patrick Collison, CEO of Stripe, said the payments firm had been planning a stablecoin launch for over a decade. The company made an early foray into bitcoin payments around the same time, […]
Demystifying AI: Turn Complexity into Clarity
The conversation around artificial intelligence in the larger world talks about endless possibilities and true intelligence—once a far-off dream. In business, of course, the conversation is more focused on big questions like “How can this help us?”, “What are the advantages over what we do today?” and “How will this improve the customer experience?” The […]