The Fintech Blog
Your one-stop resource for the latest news and trends within the beverage alcohol industry
Efficiency in alcohol invoice payments is the cornerstone of a well operating business in the beverage industry As the landscape evolves embracing streamlined payment processes becomes essential for businesses to ensure smooth operations Utilizing electronic funds transfer EFT payment methods like Fintech s PaymentSource® allows alcohol businesses to
Brothers Glenn and Gary Sutch opened Coco s Crush Bar in Clearwater Beach after more than 30 years in the hospitality and entertainment industries Home of the Orange Crush Coco s has made waves in the area with a fantastic seafood menu live music and signature crafted cocktails
Bev alc suppliers are in a competitive space fighting for every inch of shelf space across every account they can find In today s market enlisting the help of various alcohol technology platforms is instrumental for success These technologies help suppliers streamline their operations enhance customer experiences and
What were the most common themes for alcohol bills that passed in the 2023 legislative session Drinks to Go Five state legislatures made drinks to go privileges permanent this year Connecticut Hawaii Maine Michigan and Washington all codified the temporary to go privileges that originated from the 2020
The holiday season is a busy time for the hospitality industry with an influx of customers looking to celebrate and create lasting memories However as the demand for services and staff escalates many establishments face the challenge of labor shortages To combat understaffing and ensure a smooth operation
The partnership between Fintech and Sculpture Hospitality leverages over three decades of industry experience from both companies that support bars and restaurants in the hospitality sector By integrating Fintech 8217 s PaymentSource® with Sculpture 8217 s solutions retailers gain access to a range of benefits that simplify alcohol
The alcohol industry has come a long way from traditional bartending pickup truck deliveries and cash transactions Technological advancements continue to disrupt and transform how alcohol is ordered purchased served and enjoyed These alcohol technology solutions can optimize workflows create margin protecting opportunities and more In this blog
There is a rising star in the convenience store alcohol market boxed wine As of Q3 2023 boxed wine now accounts for 10 59 of total wine spending up from 8 53 in Q4 2022 This growth underscores its popularity among consumers Fintech 8217 s data insights can
Don t let the thought of alcohol invoices piling up ruin your Halloween Fintech s PaymentSource® is the perfect treat that will save you both time and money while also helping you grow and manage your alcohol business like never before Time Saving Sorcery Wave goodbye to tedious
This last week was the National Beer Wholesalers Association s NBWA 86th Annual Convention amp Trade Show in Las Vegas Nevada This meeting provides valuable education programs for the beer industry and introduces distributors to new products technologies and vendors needed to run their operations Over 200 companies
For our latest Drinking Buddies feature we sat down with Donna Qvarnstrom owner and operator of Cobb 8217 s Landing and Little Jim Bait amp Tackle in Fort Pierce FL Both are successful businesses in their own right and feature fresh seafood craft cocktails live entertainment and history
Imagine a way that off premises businesses could quickly identify price changes by distributor by location and all the way down to product SKU that would allow them to make decisions faster which ultimately helps protect the margins they are trying to achieve Fintech s Margin Protection can
