late payments

EC Proposes Rule Requiring Small Businesses Be Paid Within 30 Days
EC Proposes Rule Requiring Small Businesses Be Paid Within 30 Days
September 12, 2023  |  SMBs

The European Commission (EC) has proposed that all small and medium-sized businesses (SMBs) must be paid within 30 days. The new proposal for regulation on late payments...

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Chaser Deploys AI to Predict Best Times for Payment Reminders
Chaser Deploys AI to Predict Best Times for Payment Reminders
August 02, 2023  |  artificial intelligence

Chaser, a global accounts receivables (AR) platform and credit control service provider, has launched an artificial intelligence (AI)-powered “recommended chasing times” feature designed to help...

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Only 17% of Small Firms Are Reaping Benefits of Automating Accounts Receivables
Only 17% of Small Firms Are Reaping Benefits of Automating Accounts Receivables
July 06, 2023  |  Accounts Receivable

Accounts receivable (AR) automation is transforming corporate finance operations by providing enhanced efficiency, speed and accuracy in payments handling. However, the adoption of AR automation...

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Late Payments Push More Businesses Toward AP Automation
Late Payments Push More Businesses Toward AP Automation
June 26, 2023  |  Accounts Payable

Business-to-business (B2B) payments are the lifeblood of the modern economy, with businesses spending trillions of dollars on merchandise, services and other goods from their vendors...

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Real-Time Payroll Helps Struggling Workers Avoid Payday Loans
Real-Time Payroll Helps Struggling Workers Avoid Payday Loans
January 27, 2023  |  News

Sixty-three percent of Americans were living paycheck to paycheck as of November, up from 60% the month prior, according to a recent report. Low wages...

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An Insider on Driving Business Growth by Prioritizing Payments
An Insider on Driving Business Growth by Prioritizing Payments
January 24, 2023  |  B2B Payments

Late payments threaten cash flow and project completion for construction companies, with 86% reporting late payments damage productivity. In the “B2B And Digital Payments Tracker®,”...

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86% of Construction Firms Blame Late Payments on Productivity Declines
86% of Construction Firms Blame Late Payments on Productivity Declines
January 23, 2023  |  B2B Payments

A potential housing sector recession is on the horizon, with new construction and building permits falling as homebuilder confidence has sagged to its lowest level...

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Small Business Eager to Tap $51 Billion Embedded Finance Market
Small Business Eager to Tap $51 Billion Embedded Finance Market
December 09, 2022  |  Banking

Small to midsized businesses (SMBs) often face a legion of challenges when attempting to process payments swiftly and securely. Incorrect invoices, insufficient cash reserves and...

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PYMNTS Intelligence: How Early Wage Access Can Equal Loyalty
PYMNTS Intelligence: How Early Wage Access Can Equal Loyalty
November 15, 2022  |  Money Mobility

The business world has transformed over the last few years as the global pandemic spurred a move away from centralized teams and toward a more...

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