Even the most potentially impactful innovations in the world can languish if not successfully commercialized. That’s where standards come in. While standards are frequently derived from technology, innovation is often spurred from shared standards as well. That’s because standards tend to make the competitive landscape...
While buyers and suppliers have differing B2B payments pain points, both could benefit from platforms that improve payments transparency. Forty-seven percent of surveyed small- to medium-sized business (SMB) suppliers listed a lack of transparency when payments are received as a top pain point, while 45%...
With businesses of all kinds being squeezed by rising wages and decreased consumer spending, they need to cut costs without cutting essential functions. PYMNTS explains why AP and AR automation can give companies the visibility and control they need for managing cash flow in tough...
Companies that invested in technology to improve working capital transparency during the pandemic saw overwhelmingly positive results. Seventy-seven percent of surveyed CFOs said they saw improved processes from working capital and credit digitization. However, the current economic crisis is exposing where transparency blind spots continue...
Despite increasing innovation in the B2B space, continued reliance on manual processes and the resulting slow pace and high operating costs associated with managing receivables remain widespread pain points for firms, particularly small- to medium-sized businesses (SMBs). Fewer than 10% of B2B payments are done...
The past decade-plus has seen an explosion in technical capability, at times outpacing Moore’s law of technology advancement. It’s fair to say that the present landscape is unrecognizable when compared to the days of dial-up. From cryptocurrency, the metaverse, and web3 more broadly — to generative artificial intelligence’s (AI) ongoing...
While much has been done to advance gender equality around the world, there is no debate that large gaps remain, especially in emerging markets. According to Orit Federlein-Doodai, head of HR, EMEA at PayU Global Payments, women in these markets face significant barriers in achieving...
With hail-able mobile stores, food brands are driving D2C sales, reimagining the ice cream truck. In an interview with PYMNTS, Ali Ahmed, co-founder and CEO of Conjure, the company formerly known as Robomart that creates mobile shops that can be hailed via app like an...
Bringing enterprise IT departments to the modern age to combat legacy systems from dragging an enterprise is vital to an organization’s survival. While other departments might be able to scrape by with outdated or aging infrastructure, this is not the case in IT — and...
