The Fintech Blog
Your one-stop resource for the latest news and trends within the beverage alcohol industry.
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Using Data Mapping to Protect Alcohol Margins and Capitalize on New Product Channels
Alcohol retailers can use data mapping to increase operational efficiency and highlight how to capitalize on product buys to protect margins.
The Benefits of Using EFT Payments for Alcohol Deliveries
Alcohol businesses are required to pay for deliveries according to state regulatory laws. Payment terms typically mandate: COD (cash on delivery), meaning payment for the alcohol is made at the time of delivery or; Payments on specific dates of the month (for example,...
Going Top-Shelf with Bev Alc Insights: Our June Webinar Recap
Let’s face the facts, the off-premise world is a tough environment for suppliers. Everyone is competing for prime shelf space to boost their sales and meet their business targets. Simply pitching chain retailers about the quality of your product is not enough to make...
7 Ways to Use PaymentSource for Alcohol Management Efficiency
As the leading B2B alcohol solutions provider for suppliers, distributors, and retailers, Fintech is committed to providing intelligent tools and quality service to help bev alc businesses reach optimum efficiency.PaymentSource® is a smarter way to manage your alcohol...
At-Home: The New On-Prem
Recent data insights from IRI highlight consumers electing to stay at home and drink over going out to on-premise establishments.
Hard Kombucha Market Projected to Hit $262 Million by 2030
Hard kombucha is the latest alternative bev alc option making waves. Read more on how the increasingly popular item is expected to make an impact.
Iowa Law Will Allow Businesses to Purchase Alcohol from Off-Prem Stores for Resale
Businesses with a Class C license will see a significant change to alcohol distribution laws starting January 1, 2023. Iowa’s Senate Bill 2374 will allow bars, restaurants, and other establishments with a Class C license to purchase up to five cases of either beer or...
Drinking Buddies: Walk-Ons
Read to learn more about the Walk-Ons and its exciting menu and crafted cocktails
How CStores Can Work Around Inflation and Price/Mix Changes
Economic factors are influencing the CStore sector. How can convenience stores pivot to keep margins intact? Convenience stores across the nation took a hit with channel growth in the first quarter of 2022. IRI, one of the leading consumer data aggregators, noted...
North Carolina On-Premises Alcohol Retailers Can Now Opt Into Spirits Delivery
On-premises mixed alcohol retailers must weigh the cost versus the benefits of enrolling in delivery. Recent legislation introduced a spirits delivery option to Mixed Beverage (MXB) retailers from their designated Alcohol Beverage Control (ABC) Board as of July 1....
Back on the Road with Bernie Little Distributors
Call it what you want – “work-withs,” “ride-alongs,” “crew drives,” or maybe even, “hitting stores” – whatever your term is, those who have been in the alcohol beverage industry for a while know the value of working in the market with distributors. The insight that...
Using Fintech’s Invoice Payment Automation to Build a Better Alcohol Business
Alcohol Invoice Management Simplified Technology that provides automation can eliminate operational oversight for hospitality businesses. When it comes to alcohol, hospitality businesses go through a large volume of products on a weekly basis, and it can be a burden...