Commercial construction, a $900 billion industry in the U.S., has the longest days sales outstanding (DSO) of any mature industry — 83 days. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
When you’re the CEO of an online community that includes tens of thousands of banking and credit union professionals and millions of interactions, you know what’s happening in the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Payments processor Paya has launched a partnership with Transcard, a company offering payment technology for financial institutions (FIs), according to a Monday (Jan. 24) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
More than 60% of finance professionals say their businesses have suffered vendor payment and invoice processing delays after going remote. In the B2B Digital Payments Tracker, Matthew Shanahan of automated collections software provider Lockstep, explains how virtual cards help remote AP departments gain efficiencies.
Morocco-based B2B eCommerce and FinTech startup Chari could see a valuation of $100 million after a new bridge round of funding, TechCrunch reported Thursday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Cross-border B2B payments can be challenging, with regulatory differences, language barriers and high global remittance costs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Frustrations over delayed payments are on the rise, prompting businesses to upgrade their B2B transactions and other processes. Today, 45% of businesses view slow payment completion times as one of their main pain points, according to the “Next-Gen Digital Payments Report,” a PYMNTS and Transcard...
Two decades ago, providing payments to workforce employees and channel members meant signing a check and putting it in the mail. Today, it’s an evolving process that engages recipients through text messages, emails and apps. Get the Full Story Complete the form to unlock this...
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