Technology

JBT Has 4 New Programs, All Tech Focused

TechnologyAug 31, 2021

JBT Has 4 New Programs, All Tech Focused

They include automated systems for tracking social media followers and for filing UCCs more easily.

Providence, R.I.—The Jewelers Board of Trade is introducing four new programs for members, all part of the organization’s first major technology overhaul in a decade.

JBT, the industry’s leading resource for credit data, started announcing the new programs on Aug. 17, beginning with its new partnership with Podium, a tech company known for its messaging tools.

Under the partnership, non-JBT member retailers who sign up for Podium services will be eligible for a free, one-year retail membership with JBT and will receive 10 percent off Podium services.

Existing JBT retail members who join the Podium platform will also receive 10 percent off Podium services.

To learn more about Podium and its software, visit the company’s website

 Related stories will be right here … 

Secondly, beginning this fall, JBT will offer all Enhanced members an automated service for making Uniform Commercial Code (UCC) filings with CLAS.

JBT has been encouraging members who use memo to file UCCs for decades to protect their goods in the event of a bankruptcy filing, but many don’t do it because it is cumbersome and expensive.

Through CLAS, JBT said a UCC can be filed electronically in 47 states for less than half what it costs to get a lawyer involved.

For a “modest” additional fee, members will have the option to file a Purchase Money Security Interest (PMSI) and will have access to an online portal to track status.

The service will be available beginning this fall.

The third new service is the JBT API, or application programming interface, an acronym well known by developers. 

APIs allow systems to talk to each other via common protocols. 

A good example (and an extremely relatable one right now) of a company that uses API is Seamless. 

The Seamless API works with the systems of many restaurants and is how, simply put, you’re able to see menus and order from a wide variety of places when you open the Seamless app. 

The JBT API will allow both individual companies and platforms to access JBT data in real time from within their own systems. 

A JBT member could be working within their own accounting system and with the click of a button access a company’s JBT membership status, credit ratings, credit report information, and more.

The API includes a secure authentication, integration with JBT back-end systems for billing purposes, and a free developer sandbox. 

The JBT API system is available to Enhanced supplier members and industry platforms. There is no incremental cost for Enhanced members.
Finally, JBT is introducing a social media tracking system for both retailers and suppliers, a system it spent months building.

The new system automatically tracks the number of social media posts and follower growth trends on Facebook and Instagram, enabling retailers and suppliers to gauge how their accounts perform when compared with their peers. 

The system also enables members to filter data based on region and to view overarching trends over select time periods.

This social media tracking system is available now for all Enhanced and Retail JBT members. 

It’s also available as an additional filter via JBT’s marketing list program, further enabling vendors to target a specific subset of the market based on social media metrics.

Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

The Latest

ColumnistsJan 31, 2023
Squirrel Spotting: How About a Word for the New Year?

It begins with a “t” and ends with a “c” and is imbued with warmth and positivity, Peter Smith writes.

Policies & IssuesJan 31, 2023
Rio Tinto Issues Apology After Radioactive Capsule Goes Missing

The tiny capsule, which is believed to have fallen out of a truck, was lost somewhere along an 870-mile stretch of desert road.

MajorsJan 31, 2023
Indian Jewelry Brand Tanishq Opens First U.S. Store, More on the Way

The jeweler’s expansion plans include 20 to 30 more stores in North America and the Middle East over the next two to three years.

Brought to you by
Bringing Over 130 Years of Diamond Expertise to Modern Grading

De Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.

Events & AwardsJan 31, 2023
Gucci Is Getting a Gem Award

The Italian luxury brand will receive the first Gem Award for High Jewelry Excellence.

Weekly QuizJan 26, 2023
This Week’s Quiz
Test your jewelry news knowledge with this short test.
Take the Quiz
MajorsJan 31, 2023
Martin Flyer Names New VP of Business Development

Industry veteran Kevin Lane has stepped into the role.

MajorsJan 30, 2023
Researchers Uncover Bejeweled ‘Golden Boy’ Mummy

The ancient Egyptian teenager was buried 2,300 years ago with 49 amulets to guide him through the afterlife.

Brought to you by
De Beers Institute of Diamonds Expands to Offer Education

De Beers is sharing over 130 years of experience and expertise through the De Beers Institute of Diamonds with a selection of courses.

SurveysJan 30, 2023
Consumers Embracing Non-Traditional Ways to Mark Valentine’s Day

The NRF’s annual survey shows that consumer attitudes about how, or even whether, to celebrate Feb. 14 continue to evolve.

Events & AwardsJan 30, 2023
JA Is Searching for the Next Retail ’20 Under 40’

Nominations are open now through March 24.

MajorsJan 30, 2023
10 Jewelry News Stories You Might Have Missed

A column detailing how independent jewelers did last year and the top watch brands of 2022 were among the most-read stories last week.

FinancialsJan 27, 2023
Tiffany & Co. Shines for LVMH in 2022

Acquired in 2021, the brand’s high jewelry sales have doubled and its new “Lock” collection was an instant hit.

MajorsJan 27, 2023
Diamond Council of America Appoints Treasurer, Board Member

Executives from Fred Meyer Jewelers and Riddles Jewelers have filled the roles.

CollectionsJan 27, 2023
Piece of the Week: Heavenly Vices’ Lock Necklace

The Victorian-inspired design is a functional lock and key.

Supplier BulletinJan 26, 2023
JA New York Spring Brings the Industry Together

For over 100 years, JA New York has played an integral role in facilitating the evolution of our industry, while also honoring past traditions.

TrendsJan 26, 2023
At Vicenzaoro, Paola De Luca Gazes Into Jewelry’s Future

The trend forecaster and her guests explored unconventional jewelry designs, NFTs, AI art, and more during her Trendvision presentation.

CollectionsJan 26, 2023
NDC and Lorraine Schwartz Announce New ‘EDDI’ Class

The Emerging Designers Diamond Initiative provides diamond credit and mentorship to young brands helmed by BIPOC designers.

IndependentsJan 26, 2023
Lee Michaels Fine Jewelry Set to Open 10th Store

It will be located in San Antonio’s Alamo Quarry Market and will be Lee Michaels’ third location in the city.

Policies & IssuesJan 26, 2023
Diamonds Do Good Names 10 to Board of Directors

Stephanie Gottlieb, Jewelers Mutual’s Mike Alexander, and Craig Rottenberg of Long’s Jewelers are among the new board members.

WatchesJan 25, 2023
These Were 2022’s Top-Selling Watch Brands, Chrono24 Says

Rolex remained No. 1 while a brand known for its pilot watches slipped into the No. 5 spot.

MajorsJan 25, 2023
John Hardy Names New CEO

Luxury retail executive Frédéric Levy has taken on the role.

Events & AwardsJan 25, 2023
Couture DAC Accepting Applications for Mentorship Program

Jewelry designers have until early February to apply to take part in Couture's Diversity Action Council program.

CollectionsJan 25, 2023
Stephanie Gottlieb Announces First President, CCO Hire

Morgan P. Richardson joins from La Perla.

Policies & IssuesJan 25, 2023
PGI’s New Portal Wants to Teach You About Platinum

The new portal will share information on responsible platinum sourcing and how it’s used beyond jewelry.

SourcingJan 24, 2023
Tiffany Buys 35 of the Last Diamonds Recovered From Argyle

Purchased directly from Rio Tinto, the collection consists of pinks, purples and one red, none larger than 1.52 carats.

ColumnistsJan 24, 2023
On Data: Here’s How Independent Jewelers Did in 2022

Sherry Smith breaks down retailers’ performance last year, including how natural diamonds fared vs. lab-grown.

GradingJan 24, 2023
GIA Launches AGS Diamond Light Performance Supplement Report

The AGS Ideal Report by GIA is a digital-only addition to GIA diamond reports.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy