Restaurant Technology

Shift4 Acquires Majority Stake in Vectron, Completes Purchase of Revel
Shift4 Acquires Majority Stake in Vectron, Completes Purchase of Revel
June 14, 2024  |  Acquisitions

Shift4 has acquired a majority stake in Vectron Systems, a supplier of point-of-sale (POS) systems to the restaurant and hospitality verticals in Europe. This acquisition...

READ MORE >
Instant Payments Drive Profits for the Small Restaurants That Use Them
Instant Payments Drive Profits for the Small Restaurants That Use Them
May 31, 2024  |  Faster Payments

Forty percent of the independent mom-and-pop restaurants in the U.S. that generate $10 million or less annually now use instant payment rails as their primary...

READ MORE >
Restaurants Reintroduce Paper Menus Amid Customer Complaints About QR Codes
Restaurants Reintroduce Paper Menus Amid Customer Complaints About QR Codes
May 31, 2024  |  ResTech

In recent years, QR code menus gained popularity among restaurants as a way to streamline service and reduce the need for additional staff. However, consumer...

READ MORE >
Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
May 22, 2024  |  Investments

Nory has raised $16 million in Series A funding to expand the use of artificial intelligence (AI) in the hospitality industry. The company will use...

READ MORE >
NCR Voyix and sunday Team for Pay-at-Table Solution
NCR Voyix and sunday Team for Pay-at-Table Solution
May 20, 2024  |  ResTech

Digital commerce solutions company NCR Voyix has debuted a pay-at-table solution in collaboration with sunday. Aloha Pay-At-Table lets diners scan a tabletop QR code, see their bill, split...

READ MORE >
Square: Restaurant Worker Pay Jumps 66% in 7 Years
Square: Restaurant Worker Pay Jumps 66% in 7 Years
May 14, 2024  |  ResTech

Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes...

READ MORE >
Square Adds 5 New Integrated Solutions for Restaurants
Square Adds 5 New Integrated Solutions for Restaurants
May 14, 2024  |  ResTech

Square has formed several new integrations and partnerships with organizations serving food and beverage (F&B) companies. The provider of commerce solutions also said that 45%...

READ MORE >
Toast Debuts Restaurant Marketing Tools as Diners Show Caution
Toast Debuts Restaurant Marketing Tools as Diners Show Caution
May 01, 2024  |  ResTech

Restaurant technology platform Toast has debuted digital storefront and marketing tools. Toast’s Digital Storefront Suite offers website and online ordering capabilities, while its Marketing Suite...

READ MORE >
Toast to Add AI-Based Benchmarking Feature to Restaurant Management Suite
Toast to Add AI-Based Benchmarking Feature to Restaurant Management Suite
April 11, 2024  |  ResTech

Toast has launched its Restaurant Management Suite with new features for multi-unit, enterprise brands. These features join the company’s cloud-based digital technology platform that is...

READ MORE >