April 22, 2024
Lower Costs, Easier Integration Could Boost Instant Ad Hoc Payments
The use of ad hoc payments by large enterprises to pay small to mid-sized businesses (SMBs) and individuals is on the rise — and exclusive data from PYMNTS Intelligence suggests...
April 16, 2024
Unions & SMBs Urge Congress for Antitrust Funding Boost
Various unions, small businesses, and advocacy groups are urging the US Congress to allocate more funds to the Justice Department and the Federal Trade Commission (FTC) to strengthen antitrust enforcement....
April 09, 2024
Automating Ad Hoc Payments Makes Instant Pay a Reality for...
Defined by their sporadic and one-off nature, ad hoc payments have traditionally provided a flexible solution for compensating individuals for their services, catering to the needs of both employers and...
April 09, 2024
Gig Economy and Gaming Push Instant Payments Forward
Ad hoc payments — non-recurring payments made outside of normal invoicing and payroll processes — are somewhat of a nuisance to enterprises. However, instant payment methods increasingly offer a way...
April 04, 2024
Nearly 6 in 10 US Consumers Live Paycheck to Paycheck
When asked to describe their financial situation recently, nearly one-third of Americans said they are meeting their expenses “with a little left over.” When asked to identify their biggest source of...
March 27, 2024
Robinhood Debuts Credit Card for Its Gold Members
Robinhood launched a credit card as it continues expanding into financial services. “At Robinhood, we recognize the need for change,” the company, known largely for its trading platform, wrote in a blog...
March 26, 2024
TD Bank Provides Customers Faster Access to Wages With ‘Early...
TD Bank introduced a tool that lets customers get direct deposits two days early. TD Early Pay, announced in a Tuesday (March 26) press release, is part of a pair of...
March 25, 2024
Growing Rise in Side Hustles Points to Boon in Digital...
The rise of the gig economy may have significant, positive knock-on effects for faster disbursements and earned wage access options. In this environment, supplemental income is a pursuit, especially among...
March 25, 2024
Mastercard’s Partnership With Alipay Connects Digital Wallets to Cross-Border Payments
Alan Marquard, head of transfer solutions at Mastercard, told PYMNTS that remittances are ripe for continued transformation — to digital channels, and to digital wallets, which make international fund flows...