The average value of payment declines increased $53 in January, and that of payment fraud rose $11 during the same time period, according to Digital Economy Payments, a PYMNTS report based on a survey of 2,633 U.S. consumers who purchased groceries, retail products, food at...
Business-to-business (B2B) accounts receivable (AR) automation and integrated payments company Billtrust unveiled version 10.0 of its machine learning-driven Cash Application solution on Thursday (Feb. 17), which leverages Billtrust’s Business Payments Network (BPN). Get the Full Story Complete the form to unlock this article and enjoy...
Digital payments company Payrailz announced Wednesday (Feb. 16) that its payment services are now available through the Alkami platform, allowing financial institutions (FIs) to deliver Payrailz’s smart, more engaging payment experience to its end users. Get the Full Story Complete the form to unlock this...
Financial institutions (FIs) think their corporate clients face two key pain points today: invoice reconciliation and an inability to offer supplier portals, according to The New User Experience, a PYMNTS and FIS collaboration that surveyed 311 FI executives. Get the Full Story Complete the form...
The e-Rupi voucher cap is increasing to ₹1 lakh, which will add to digital payments offline and make for more direct transfers without a bank account, according to a Sunday (Feb. 13) report from Mint. Get the Full Story Complete the form to unlock this...
Almost 1 in 5 small to medium-sized business (SMB) owners (19%) say they’re planning to move to a fully digital business model, up from 12% who said the same thing just a year ago, according to a recent study. Get the Full Story Complete the...
The launch of an American Express all-digital checking account, a dip in the quality of consumers’ financial health and the changes at Peloton were in the news this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Automotive retailer Group 1 Automotive has increased the productivity of its sales team by 20% by deploying an omnichannel digital retailing platform, company executives said Thursday (Feb. 10) during a quarterly earnings call. Get the Full Story Complete the form to unlock this article and...
More consumers are shopping online, and fewer are shopping in physical stores, since the holiday season. While many began returning to physical stores in December, rushing to make last-minute holiday purchases, consumers’ interest in shopping in stores has since seemingly scaled back. Get the Full...
