- November 20, 2023
Automating accounts payable (AP) and accounts receivable (AR) can provide a crucial edge for mid-size firms. Most that have done so report increased efficiency and enhanced cash flow. Data further ...
- November 16, 2023
Midsize firms anticipate that making and receiving payments will become even more of a core necessity very soon. On average, firms expect a 50% increase in payments made and a ...
- November 6, 2023
The generation gap does not make headlines as much as it used to, but one way in which it has unquestionably widened in recent years is through the rapid advancement ...
- November 3, 2023
PYMNTS Intelligence interviews Ian Drysdale, CEO of insurance industry digital payments network One Inc, on how the industry is accepting the challenge of meeting Gen Z and millennials’ digital demands.
—
Generation ...
- November 2, 2023
Generation Z and millennials have different insurance needs from their elders, yet they are already a market force to be reckoned with. More than 60% plan to purchase one or ...
- October 11, 2023
With more than 8 in 10 companies still seeing delayed payments rise in 2023, concerns about the global economy remain high.
Small business owners’ top reported financial challenges over the last ...
- October 10, 2023
PYMNTS interviews Murray Sharp, vice president of partnerships, channel sales & business development at Billtrust, about why the current economic environment requires not merely an AR upgrade but also a ...
- October 9, 2023
As organizations across industries struggle with delayed payments and disruptions to cash flow, accounts receivable (AR) teams are now seen as navigators amid an economic storm. More than 8 in ...
- October 5, 2023
American Express said it is adding facial and fingerprint recognition to its SafeKey authentication tool.
The upgrade, announced Thursday (Oct. 5) is designed to prevent fraud and streamline checkout, and makes ...
- September 5, 2023
Higher education has come a long way from its ivy-covered image of the past. Universities have had to become digitally nimble to keep up with both students’ changing habits and ...
- September 1, 2023
Student debt is top of mind as grads resume payments, but BNPL-like tuition installment plans can reduce the need for loans. The latest “B2B and Digital Payments Tracker” examines how ...
- August 31, 2023
In the wake of the Supreme Court’s decision to block the federal student loan forgiveness plan, many of Generation Z’s recent college graduates will make their first student loan repayment ...
- August 8, 2023
When it comes to digital technology, business-to-business (B2B) payments are well-known latecomers to the party, with advances in consumer payments far outpacing those of their business counterparts. The lack of ...
- August 7, 2023
B2B payments are generally behind the innovation curve compared to their consumer counterparts — even in the technology industry, where one-third of companies say their B2B buying experiences are “broken” ...
- July 26, 2023
Today’s macro climate has firms of all shapes and sizes sharpening their go-forward strategies.
And when faced with the question of buy, build or partner, sometimes it makes sense to do ...
- July 21, 2023
Younger consumers — Gen Z and millennials among them — boosted American Express’ results, as disclosed on Friday (July 21).
But beyond the confines of an earnings report, the continued embrace ...
- July 3, 2023
The restaurant sector is transforming rapidly. Once laggards when it came to modernization, restaurants had to adopt digital tools and online sales channels overnight to survive the pandemic. Technology is ...
- July 2, 2023
Goldman Sachs’ credit card partnership with Apple could be nearing an end.
The banking giant is said to be in discussions with American Express to take over the credit card and other collaborations between ...
- June 30, 2023
In an effort to fill worker shortage gaps, more than 75% of restaurants are already using automation to streamline their operations. In the “B2B and Digital Payments Tracker®,” PYMNTS explores ...
- June 29, 2023
New technology has become crucial for restaurant survival. Having just emerged from the severe disruptions of the pandemic, which caused more than 70,000 restaurants to close permanently, the restaurant industry ...
- June 2, 2023
While buyers and suppliers have differing B2B payments pain points, both could benefit from platforms that improve payments transparency. Forty-seven percent of surveyed small- to medium-sized business (SMB) suppliers listed ...
- June 1, 2023
With businesses of all kinds being squeezed by rising wages and decreased consumer spending, they need to cut costs without cutting essential functions. PYMNTS explains why AP and AR automation ...
- May 31, 2023
Companies that invested in technology to improve working capital transparency during the pandemic saw overwhelmingly positive results. Seventy-seven percent of surveyed CFOs said they saw improved processes from working capital ...
- May 15, 2023
The pandemic’s closures of in-person businesses forced a hard digital pivot on beauty services providers — one that allowed many to survive. With increasing consumer demand for convenient and contactless ...
- May 12, 2023
As salons and spas across the country recover from the pandemic’s impact, an industry insider explains how digital systems are improving the customer experience and helping to attract and retain ...
- May 11, 2023
Despite being among the worst hit by the pandemic, the beauty services market has begun to rebound. Sales in the United States have reached nearly 70% of their pre-pandemic levels ...
- April 11, 2023
As physical locations closed or access to them became otherwise restricted during the pandemic, companies had to pivot to digital channels to survive. Even stores that remained open had to ...
- April 10, 2023
With businesses looking for ways to reduce costs and increase growth, legacy B2B payment systems are rapidly giving way to digital platforms that can accelerate transactions, improve cash flow and ...
- April 7, 2023
Merchants have gradually transitioned toward payment digitization for several decades, but these efforts have gained momentum in recent years. Companies are rapidly replacing legacy payment systems with more modern alternatives, ...
- April 4, 2023
Remote working was a boon to businesses during the pandemic, as technology allowed many companies to remain productive when much of the world was shutting down. Along with greater technological dependence, however, came greater ...
- April 3, 2023
Nearly nine in 10 companies say remote work has given bad actors a new way to find and exploit weak fraud and security measures, a challenge that SMBs may not ...
- March 31, 2023
Remote work has been a net positive for companies, adding flexibility and cost savings for employees and organizations. However, this new work environment has amplified fraud and cybersecurity concerns for ...
- March 10, 2023
Payment networks have paused their implementation of a new merchant category code for gun shops.
American Express, Discover, Mastercard and Visa have done so but have not said that they would end it completely, Reuters reported Thursday (March ...
- March 8, 2023
To boost membership and consumer spending beyond groceries, Walmart’s subsidizing at least some of the cost of its memberships.
To that end, and as detailed in emails seen by PYMNTS promoting ...
- March 8, 2023
The business-to-business (B2B) landscape is in the midst of a pivotal migration away from legacy systems.
“The market changes over the past few years have really accelerated the adoption of digitized ...
- January 31, 2023
Small- to medium-sized businesses have been hobbled on a global stage.
The lure of eCommerce is that digital channels level the playing field for…well, just about anyone. Theoretically at least, smaller ...
- January 25, 2023
Slow payments are more than a waiting game for the construction industry. They contributed to 12% of total construction costs last year, dipping into firms’ profits. As a result, almost ...
- January 24, 2023
Late payments threaten cash flow and project completion for construction companies, with 86% reporting late payments damage productivity. In the “B2B And Digital Payments Tracker®,” Patricia Bonilla, owner and president ...
- January 23, 2023
A potential housing sector recession is on the horizon, with new construction and building permits falling as homebuilder confidence has sagged to its lowest level in a decade. The industry ...
- January 16, 2023
Whatever challenges they may be facing, small- to medium-sized businesses (SMBs) undoubtedly have a powerful ally in consumers. A survey from American Express and PayPal and conducted by studioID’s Retail ...
