With large U.S. enterprises facing demands from vendors, suppliers and contractors to make immediate payments, having ways to disburse funds instantly has become a strategic priority. The ability to execute nonrecurring, or ad hoc, payments immediately is rapidly evolving into a vital tool, particularly for...
Small -to medium-sized businesses (SMBs) rely on instant payments to improve cash flow, yet their adoption remains far from universal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Speed, certainty and convenience — these are the driving forces behind the explosive growth of instant payments. In fact, consumers are 10 times more likely to receive nongovernment disbursements instantly than they were in 2017. Many no longer just prefer instant payments — they need...
Money mobility is turning payments from a cost center into a revenue driver. Beyond merely moving funds, financial institutions and businesses are leveraging real-time transactions, embedded finance and cross-border interoperability to drive growth and efficiency. Get the Full Story Complete the form to unlock this...
Faster payments are transforming the financial landscape, but with speed comes heightened fraud concerns. Real-time payments move instantly, making them attractive to both consumers and fraudsters. However, the reality is more complex — real-time payment systems can enhance fraud prevention when combined with advanced security...
All companies strive for liquidity — the ability to turn assets into the cash needed to fund short-term liabilities. Liquidity is especially important to financial institutions (FIs) so that they can settle payments and meet their own obligations to other banks, as billions of dollars’...
Despite rapid advancements in digital payments, healthcare transactions remain frustratingly slow and outdated. Patients accustomed to seamless digital transactions elsewhere are still dealing with lengthy reimbursement wait times and cumbersome billing processes. The culprit? Many healthcare providers still rely on legacy payment methods — paper...
What keeps paper checks alive in the digital age? Despite their declining popularity for personal transactions, checks still account for nearly 40% of U.S. B2B payment volume. In fact, 68% of companies relied on checks for B2B payments in 2023, and 70% of businesses stated they...
The money mobility ecosystem PYMNTS detailed in its new background report “The Modern Money Mobility Ecosystem” has been the topic of several research projects over the past year. In today’s on-demand economy, consumers expect instant gratification in every aspect of their lives — and financial...
