The legal industry’s widespread adoption of generative artificial intelligence (AI) will necessarily involve recalibrating workforce roles and skills and reckoning with varying degrees of readiness and trust among professionals within and across industries. Coupled with the challenges of this reboot are the thorny issues surrounding...
B2B payments are in need of some clarity. “Getting paid is the biggest pain point,” observed Doug Brown, president of NCR Voyix Digital Banking. But the friction, he told PYMNTS’ Karen Webster, extends well beyond the mere act of sending and receiving payments. Speed —...
Enigma Technologies CEO Hicham Oudghiri told PYMNTS in an interview that embedded finance and real-time data-driven insights will transform B2B payments and risk. “Companies are being pushed to innovate,” he said. “They have the technologies they need to innovate, and they have a lot more...
The business payments landscape was stable for decades, Form3 CEO Mike Walters told Karen Webster. Regular ACH payments were the norm, and any pain points and frictions were rooted in the vagaries of manual processes and paper invoicing. “Not a lot changed for a long...
“Dupe, private label, call it what you want, consumers want more,” PYMNTS said in March, and that’s a sentiment that lives on. This is because inflation is highly relevant, much like it was earlier this year. But while dupes have become a trend, it’s also...
Robin Gregg, CEO of RoadSync, told PYMNTS that transacting across supply chains and logistics remains a bumpy road at best. “In many ways,” she said, “B2B payments have fallen behind consumer payments … old-school payment forms are not fast, they’re not efficient, and they also...
Lately, it seems each new day brings another advancement in the payments world. And increasingly, those exciting advances and innovations are impacting the world of business-to-business (B2B) payments. “There’s been an amazing acceleration of across all business processes,” Joe Pergola, CFO at Connatix, told PYMNTS. He explained...
McLaren Health Care, a healthcare provider based in Michigan, has reported a data breach that compromised the personal and health information of about 2.2 million patients. The hackers accessed a wide range of patient information, including names, dates of birth, Social Security numbers, billing and...
The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) have raised the dollar thresholds for applicability of Truth in Lending and Consumer Leasing rules. In 2024, Truth in Lending (Regulation Z) and Consumer Leasing (Regulation M) rules will generally apply to consumer credit transactions and consumer leases...