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Innovation

4547 posts

[[ 9 ]]

Fourth Unveils the Restaurant Operations Suite:

  • Automatic
  • 14 April 2025
💸 Tapcheck, an on-demand pay provider, secured $225 million in equity and debt funding. Founded in 2019 by Ron and Kayling Gaver, the company has over 300 payroll and timekeeping system integrations. Employers report a 50% increase in retention, and 70% of employees feel less financial stress using Tapcheck. The service has processed over $1 billion in early wage access, serving 12,000 employer locations, including major companies like McDonald's, with 112,000 employees accessing over $160 million in wage advances. The latest funding consists of a $25 million Series A extension from PeakSpan Capital and a $200 million credit facility by Victory Park Capital. The funds will enhance Tapcheck's products, including its Mastercard offering and AI capabilities, reinforcing its leadership in earned wage access solutions.
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Presto Launches Phone Ordering Business Unit

  • Automatic
  • 14 April 2025
💰 Tapcheck, founded in 2019 by Ron and Kayling Gaver, secured $225 million in funding. The company offers on-demand pay, integrating with nearly 300 payroll systems, and is used by employers like Hilton and McDonald's. It boasts over 50% employee retention improvement, has facilitated over $1 billion in early wage funding, and served 12,000 employer locations. The latest financing includes a $25 million Series A extension from PeakSpan Capital and a $200 million credit facility from Victory Park Capital.
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Tapcheck Raises $225 Million in Equity and Debt Funding

  • Automatic
  • 14 April 2025
📈 Tapcheck, founded in 2019 by Ron and Kayling Gaver, secured $225 million in equity and debt financing, with $25 million in Series A extension from PeakSpan Capital and $200 million credit from Victory Park Capital. The company, integrating with nearly 300 payroll systems, has processed over $1 billion in early wage funding for employees at 12,000 employer locations, including Hilton and McDonald's, serving 112,000 McDonald’s employees with over $160M in wage advances. Tapcheck reports a 50% employee retention improvement and a 70% decrease in employee financial stress. The new funding will expand product development, scale Mastercard access, and enhance AI capabilities.
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Applebee’s Selects New POS, KDS

  • Automatic
  • 14 April 2025
💳 Tapcheck, an on-demand pay provider founded in 2019, raised $225 million in equity and debt financing. The company integrates with nearly 300 payroll systems and has facilitated over $1 billion in early wage funding, serving 12,000 employer locations. Employers see a 50% improvement in retention, and 70% of employees report reduced financial stress. Tapcheck supports major companies like Hilton and McDonald’s, with 112,000 McDonald’s employees receiving over $160M in advance wage disbursements. The latest funding includes a $25 million Series A extension from PeakSpan Capital and a $200 million credit facility from Victory Park Capital.
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  • 4 min

AI, personalisation, distribution and…

  • Travel Weekly Group Ltd
  • 14 April 2025
📈 At ITB Berlin, Sabre's audience poll led by Scott Wilson revealed: 72% believe in the necessity of both direct and indirect travel distribution; 49% agree the industry struggles with personalization at scale, while 51% disagree; 65% say companies not embracing AI will lose their competitive edge within three years; and 90% think travelers won't pay more for sustainability. An Expedia study showed travelers check up to 277 pages before booking. The global AI market is projected to reach $1.8 trillion by 2030, and AI could increase data center power demand by 165% by decade's end. Despite 75% of travelers wanting to be sustainable, only 6-13% consider it in bookings.
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Kayak launches AI test lab

  • Automatic
  • 14 April 2025
🔎 On April 14, 2025, Kayak launched Kayak.ai to enhance personalized, real-time travel search. Kayak.ai is a "test lab" for AI-driven features, aiming to revolutionize travel booking with conversational AI and real-time pricing, setting itself apart from traditional search interfaces. Kayak's CEO Steve Hafner anticipates that AI may replace many travel services, emphasizing direct consumer service while exploring AI partnerships with platforms like Microsoft Copilot and ChatGPT.
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The end of the click

  • Automatic
  • 14 April 2025
🔍 On Apr 14, 2025, zero-click search, driven by AI, has transformed digital marketing, devaluing traditional click-driven tactics. Marketers now focus on building digital "signals" over website clicks, optimizing for AI recommendations. Key strategies include engaging on multiple digital platforms and optimizing for AI-friendly signals, like long-tail keywords and local search. Full details at [Impact](https://www.impactplus.com/blog/build-search-signals).
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  • 1 min

Sunday Slowdown: A Bespoke Sound Takeover with Clay Bassford

  • Josiah Mackenzie
  • 13 April 2025
🎧 Hospitality Daily released their first-ever musical special, "Dream Resort: A Mediterranean Escape," on April 13, 2025, created by Clay Bassford and Bespoke Sound. This 53-minute audio journey simulates a day at a Mediterranean resort, blending music with natural soundscapes and narration. The episode is designed for hospitality lovers to experience escapism and is available on Spotify with a recommended use of headphones.
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  • 3 min

Some Thoughts on Architectural Decisions

  • Jorge Para
  • 12 April 2025
💻 TrustYou CXP platform's architectural decisions are made through collaboration, focusing on bounded contexts from Domain-Driven Design (DDD) and technology roadmaps. Workshops with all product teams address key subsystem questions, utilizing C4 levels for system documentation. Six stages in technology roadmaps guide tool adoption. ADRs (Architectural Decision Records) are written to aid certain decisions. Roadmaps are updated biannually, ensuring the architecture evolves with the platform.
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  • 3 min

Palette Hotels Rolls Out Quore Across Its Properties

  • LODGING Staff
  • 11 April 2025
🏨 Palette Hotels, based in Franklin, Tennessee, is currently deploying the Quore workflow management solution across all 25 properties, enhancing operations for engineering, housekeeping, front desk, and management. Richard Lou, CEO, emphasizes the necessity of technology for efficiency and meeting modern travelers' expectations. Greg Presnol, VP of Operations, highlights Quore's ease of use and anticipates a quick return on investment. Palette Hotels are associated with major brands like Marriott, IHG, Hilton, Hyatt, Choice Hotels, Wyndham Hotels & Resorts, and Best Western. Quore's system promises improved communication, streamlined operations, and actionable data analysis. David Fox, Quore VP, remarks on the positive feedback and the anticipated benefits for Palette Hotels' business decisions.
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