For small and medium-sized businesses (SMBs) and consumers, payments that arrive promptly are worth far more than payments of the same dollar value that trickle in after weeks of delays. After all, money on hand can be used immediately to pay bills, invest or make purchases...
As data becomes more accessible, businesses and banks — as well as fraudsters — are looking to learn as much as possible about consumers. These developments have caused several markets to adopt strict regulations on the handling and exchange of information. The following Smarter Payments...
Even as technologies and payments get smarter, some firms still employ less-than-smart practices. For example, in the freelance market, says Engage Technology Partners Chief Product Officer Dave O’Flynn, it’s common for firms to store and share the personal information of gig workers on timesheet files...
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The adoption of faster payment systems is a worldwide trend, with more than 40 countries now offering their own schemes. The following Deep Dive that explores how faster payment systems are ushering in changes to both B2B and B2C businesses.
Not every eCommerce platform is as user-friendly as Amazon. Craigslist and its ilk, for instance, still require buyers and sellers to meet in person to pay. This arrangement, says Escrow.com GM Jackson Elsegood, also requires parties to confront stranger danger fears. In the latest Smarter...
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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Making payments move faster cross-border is something of an old refrain. But Manish Kohli, Citi’s Treasury and Trade Solutions head, says speed is only as good as the interoperable, ubiquitous rails that exist to move money and data on a global scale. In the latest...
