For many small businesses, the most important payment is no longer the one they expect. It is the one they do not. That is the central insight of “Immediate Impact: How SMBs Can Benefit From Instant Payments,” an installment in the PYMNTS Intelligence Money Mobility...
Technology has altered the basic assumption of payday, which has typically been every two weeks or twice a month. In an economy where nearly every other transaction settles instantly, the delay between completing a shift at work and accessing wages “later” has begun to look...
Instant payments adoption continues to rise, but fraud concerns remain a powerful brake on momentum. As artificial intelligence drives more sophisticated attacks, businesses and financial institutions (FIs) are reassessing how risk factors into real-time money movement. While speed and liquidity are widely recognized benefits of...
Tokenization, and specifically, tokenized deposits, has seen growth in concrete use cases inside the banking system. Rather than replacing deposits or payment rails, banks are exploring tokenized deposits as a way to represent existing balances on distributed ledger infrastructure, with the goal of improving settlement...
Payments history shows a familiar pattern. Innovations begin as features, become expectations and eventually harden into infrastructure. Credit cards, ACH and online banking all followed this trajectory. Those former innovations can now feel almost quaint. Instant payouts are now crossing this threshold. The shift has...
Watch more: Need to Know: i2c’s Marjorie Tart Real-time payments are becoming a baseline expectation in a digital economy where consumers and businesses want money to move instantly, predictably and transparently, regardless of channel or rail. For issuers, that shift is forcing a rethink of...
Instant payouts are no longer just about speed. They are reshaping how companies and consumers define an ongoing financial relationship. That is the central finding of “Beyond Speed: The Case for Instant Payout Adoption and Stickiness,” a September PYMNTS Intelligence report produced in collaboration with...
When one thinks of fast payments, manufacturing isn’t the first sector to come to mind. It’s the same for simple payments and healthcare; or not meeting their customers’ needs and tech firms. Healthcare organizations face one of the most difficult cash environments of any sector;...
Construction timelines depend on precision, coordination and confidence, but slow payments continue to undermine all three. Across the industry, contractors report that late disbursements are far more damaging than weather or materials issues. These late payments create cascading delays that fracture schedules, inflate bids and...