The next installment in PYMNTS’ generational mini-series takes a deep dive into Generation Z’s digital habits and behavior. Born between 1997 and 2012, Gen Z is the youngest generation that includes adult members and, for that reason, the youngest age cohort PYMNTS regularly studies. (PYMNTS’...
J.P. Morgan Payments says it has begun offering real time liquidity sweeping solutions. According to an announcement provided to PYMNTS Tuesday (March 21), this enhancement to the company’s payments platform lets clients fund real-time payments with their existing liquidity seven days a week, thus making sure...
Subscription businesses overlook the significant negative impact of failed payments on bottom lines. While many companies focus on customer churn, just a small share recognize failed payments as the cause. But providers need to understand how failed payments can ruin the customer experience. Our data...
Three years ago, we got a sense of how governments could leverage technology in times of crisis — using digital pipes to get aid to people who needed stimulus payments and assistance the most. As the pandemic hit home across the globe, government agencies disbursed...
Businesses learned two critical lessons from the pandemic-related supply chain disruptions: First, they need tighter control of key payment processes, particularly procurement, to ride out the next economic disruption, and second, digital technology is necessary to achieve and sustain this control. Businesses across the board...
J.P. Morgan has assisted Volvo’s entry into the Indian electric vehicle market. The Swedish luxury carmaker’s XC40 Recharge is an exclusive direct-to-consumer (D2C) model powered by J.P. Morgan’s online payment gateway, the banking giant said in a news release Wednesday (March 8). “Fully integrated into...
The conventional wisdom is that all software companies will, at some point, become payments companies. But, as Deirdre Cohen, senior vice president of acquiring at Visa, told Karen Webster: Not all software companies should become payments facilitators (PayFacs). For almost all software firms, she said,...
“The check is in the mail” is a catchphrase for: You’ll get paid — just don’t hold your breath wondering when. The check is but a promise to pay — and it really doesn’t amount to much until it hits the bank account and settles....
Construction firms facing lower housing starts and rising mortgage rates that are turning off potential home buyers are increasingly turning to digital payment solutions as a way to increase cash flow and clear accounts receivable (AR) faster and cheaply. This is analyzed in depth in...
