Today in PYMNTS data, domestic business trips are rising to record highs, veteran-owned small and medium-sized businesses (SMBs) are boosting the economy, a staggering number of companies aren’t authenticating their vendors (despite rising fraud concerns), same-day ACH (SDA) is seeing firms increase their usage and...
Today in PYMNTS data, Visa earnings topped expectations, Mastercard saw positive outcomes and Apple underwhelmed market watchers in their recently released earnings reports. In addition, B2B venture capital (VC) went to FinTech firms and underbanked consumers and small businesses (SMBs) experienced banking hurdles. Get the...
Today in PYMNTS data, self-employment is on the rise, finance jobs could shift out of the U.K. in the Brexit aftermath, Flywire is opening a new hub in Singapore and PayPal is taking hits since news broke that eBay would handle its own payments processing....
Today in PYMNTS’ data, investors are still backing blockchain technology despite an ongoing wave of skepticism, growing cannabis use is resulting in the need for online marketplaces for eCommerce purchasing, integrated treasury management may be the future for large financial institutions (FIs), electronic data interchanges...
Today in PYMNTS’ data, online merchants are missing out on billions in potential revenue, companies are merging in the quest for scale and actionable data, controversial initial coin offerings (ICOs) have lost millions to security and other issues, the government is still using paper to...
Today in PYMNTS’ data, bitcoin and cryptocurrency prices have a psychological barrier threshold, online merchants are scored on ease of online checkout factors, manual investigation timeframes are decreasing (and saving firms money in the process), small- and medium-sized business (SMB) loan origination is less than...
Today in PYMNTS’ data, retailers are missing out on sales opportunities, billions in customer loyalty reward points go unredeemed each year, underwriting and risk management capabilities are severely underdeveloped, it’s taking longer to purchase subscription packages and business travel expenses are potentially riddled with fraud....
Today in PYMNTS’ data, billions of checks are still being issued annually in the U.S. (despite recipients’ growing dissatisfaction with them), California’s economy may see a huge boost from the now-legal recreational cannabis industry, smart speaker devices’ proliferation is expected to grow exponentially, large corporations...
Today in PYMNTS’ data, the cash-dominated pot industry is still unable to access other financial tools, blockchain could save governments billions, payroll solutions are helping small businesses revamp their accounting practices, technology gives a boost to those living paycheck-to-paycheck and Germany’s got the sixth-highest cash...
