The global value of virtual card transactions is expected to jump to $6.8 trillion over the next four years — compared to $1.9 trillion last...
Cash flow had become a significant problem for businesses since the pandemic began. Of the approximately $1.2 trillion in outstanding receivables that small- to medium-sized...
Speed is of the essence for large-value transactions, and so is the ability to send those payments across any payments rail. In this month’s Disbursements...
As the pandemic has sped up the transition for both consumers and businesses to conduct more and more transactions in digital spaces, the use of...
United States consumers received 11 billion disbursements in 2021, and 17% of those were instant payments, approximately tripling the 5.7% of instant disbursements made in 2020. Instant payments are...
Faster access to daily wages has been a lifesaver for gig workers during the pandemic, but remains hard for those without bank accounts. In the...
While demand for instant payments rises — encompassing everything from online purchases to paychecks and insurance payouts — the understanding of underlying mechanics of disbursements...
Historically, businesses’ approach to making disbursements has been a manual one: Bookkeepers take notes in ledgers, then send out physical checks, for which recipients must...
Interest in instant payments is growing across the U.S. banking sector, but limited infrastructure and a lack of standardization is hindering payment choices and traceability....