During the pandemic-driven digital transition, much of the business world has stopped using paper in B2B transactions. In response to new cash flow crunches, shifting employee work habits and digital growing pains, they have moved to making and receiving digital payments. In fact, 76% of...
The account-based marketing (ABM) platform Terminus Software has received a debt facility of $50 million from CIBC Innovation Banking. The two entities announced the capital in a news release Monday (Nov. 1), saying Terminus, which is headquartered in Indianapolis and Atlanta, would use this capital...
Nearly 70 speakers, 38 panels and 162,997 unique viewers of livestreams across four weeks in October. The month-long digital confab hosted by PYMNTS, in collaboration with Visa, gave voice to the viewpoints of dozens of C-suite executives and innovators, each with front-row seats to the...
Paper-based payment processes are slow and costly, and using them to collect receivables makes existing payment pain points even worse. These cumbersome, manual processes impair the speed and efficiency of invoicing, performing customer credit checks, and collecting and matching receivables — all resulting in longer...
In today’s “always on” economy, consumers demand instant gratification in all areas, and their personal finances are no exception. Whether it’s buying a coffee, paying bills or accessing credit, consumers want it to be simple, fast and efficient. Those expectations are now spilling over into...
Just as consumers grasped the appeal of contactless payments and other pandemic-era innovations, so too has the advertising industry — an unsettled sector in need of solutions. According to the Sept./Oct. Payments in B2B Advertising Report, produced in collaboration with American Express, “business-to-consumer (B2C) companies...
There’s an old saying that “change is hard” because people are reluctant to explore new ways of doing things — especially when it involves years- and decades-long practices. Yet, change is inevitable, and refusing to move with the times, particularly in business, can be too...
Businesses all too often receive paper invoices in the mail, and directing staff to manually review and type up the details on these documents can be a major time sink that also creates opportunities for human error to muddle the data. Accounts payable (AP) departments...
The consumer payments ecosystem is thriving with the rapid adoption of everything from QR codes and contactless cards to digital wallets and cryptocurrencies. As a result, money flows freely, and people benefit from having greater convenience and flexibility in the many ways to pay. The...
