August 25, 2023
FinTech IPO Index Dips 0.1% as Earnings Season Wanes
The FinTech IPO Index barely budged this past week, giving up a slight 0.1% through the past five sessions. A bit less than three months from now, earnings season will...
August 24, 2023
Real Estate Sector Falls Behind in Real-Time Payments Adoption
In today’s digital era, it seems almost quaint that an industry as essential as real estate relies so heavily on paper checks, given current rates of mailbox fraud and other uncertainties such as delivery...
August 24, 2023
Accounts Payable Moves From Cost Center to Revenue Generator
The paper check remains firmly entrenched in B2B payments in the United States. Finexio Chief Commercial Officer Bill Fox recounted to PYMNTS that elsewhere around the world — especially in Europe — checks...
August 23, 2023
Construction and Utility Businesses Use Credit Twice as Much as...
Slow payments are a perennial problem for the construction industry. PYMNTS research found that delayed transactions (those in which firms wait more than 90 days to receive payments) represented 12% of construction...
August 23, 2023
Can Automating Working Capital Insulate Businesses From an Economic Downturn?
These are tense times for financial managers across industries and sectors. Companies are grappling with a slowdown in business activity while facing an increase in delayed payments, a trend observed...
August 22, 2023
FinTech Ramp Secures $300 Million Series D to Expand Business...
FinTech company Ramp has secured $300 million in a Series D funding round, bringing its post-money valuation to $5.8 billion. The funding will allow Ramp to expand its business categories and deliver...
August 22, 2023
Basware Appoints Interim CEO Jason Kurtz to Permanent Role
Basware has appointed Jason Kurtz, who has served as interim CEO since the start of 2023, as its permanent CEO. Kurtz has over two decades of experience in B2B enterprise...
August 22, 2023
Commercial Card Adoption Poised to Rise as Acceptance Costs Decrease
Commercial card adoption, long sidelined by businesses because of cost concerns, is experiencing a renewed interest in business-to-business (B2B) transactions. The primary drivers of this change in outlook include today’s...
August 21, 2023
Aderant Debuts New Paperless Billing for Law Firms
Legal billing software platform Aderant has launched new paperless billing capabilities for law firms. These capabilities are part of the newest version of its flagship practice management software, Expert, used by most...
The trucking industry moves 72% of U.S. freight by weight and is the linchpin of a functional economy — but manual payments and legacy AP systems have the potential to bring this crucial sector to a grinding halt. The latest “Money Mobility Tracker®,” a collaboration with Ingo Money, examines the impact of outdated payment processes on the transportation ecosystem and the seamless flow of commerce.