Dining out is getting more expensive. Consumers continue to spend on their cards, but the pace may be pressured. Issuers want to be top-of-mind and top-of-wallet for restaurant spending, and payment networks benefit from consumer resilience. Several pacts, partnerships and acquisitions between issuers, payment networks...
Restaurant tech company OpenTable says it has launched a collaboration with Visa. The partnership, announced Tuesday (July 16) and dubbed the “OpenTable & Visa Dining Collection,” is designed to offer eligible Visa cardholders “exclusive access to sought-after restaurant reservations and events” at restaurants across North...
In 2023, generative artificial intelligence began to make its way into many different parts of the restaurant industry, across the back- and front-of-house, boosting efficiency and effectiveness. Earlier this month, for instance, McDonald’s announced a partnership with Google Cloud, through which the quick-service restaurant giant...
As restaurants look to get more bodies in seats, they could benefit from integrating their reservation platforms with the voice assistants that consumers use day to day, PYMNTS Intelligence suggests. By the Numbers For PYMNTS’ recent study “Preparing for a Voice Commerce Future Report: Gen...
March 16, 2018
Two decades ago, talk of platforms was mostly centered around software, often by academics and engineers in highly technical settings. Today, the term is still focused on software — and is still talked about among academics and engineers — but its impact as an innovation enabler makes the word as popular to use as it […]
October 30, 2024
Booking Holdings is seeing early results from growth initiatives while also recording better-than-expected gains in the third quarter. The company’s efforts to advance its “connected trip” vision, to continue developing its artificial intelligence (AI) capabilities and to grow alternative accommodations all saw progress during the quarter, Booking Holdings CEO Glenn Fogel said Wednesday (Oct. 30) […]
July 16, 2024
Restaurant tech company OpenTable says it has launched a collaboration with Visa. The partnership, announced Tuesday (July 16) and dubbed the “OpenTable & Visa Dining Collection,” is designed to offer...
August 04, 2023
Booking Holdings’ brands are sharing among themselves what they’ve learned as they develop and implement artificial intelligence (AI)-powered tools. So said Booking Holdings CEO Glenn Fogel during the company’s quarterly...
May 24, 2023
Shift4 and OpenTable have integrated their data for restaurant operators. With this partnership, diner booking data from OpenTable’s restaurant technology can be combined with spending data captured by Shift4’s SkyTab...
