payments innovation

PYMNTS Intelligence: Slow Payments Drag Contractors’ Cash Flows
PYMNTS Intelligence: Slow Payments Drag Contractors’ Cash Flows
January 25, 2023  |  B2B Payments

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’...

READ MORE >
Insurers’ Biggest Risk Is Their Own Legacy Claims Process
Insurers’ Biggest Risk Is Their Own Legacy Claims Process
January 25, 2023  |  Money Mobility

A challenging economic landscape is putting pressure on the insurance industry. From companies providing automobile coverage to those offering home insurance, the industry is expected...

READ MORE >
Firms Hope to Win With Receipt Data Solutions but Implementation Issues Abound
Firms Hope to Win With Receipt Data Solutions but Implementation Issues Abound
January 25, 2023  |  Innovation

Leveraging the full value of item-level receipt data in a simple, secure way enables financial institutions (FIs), FinTechs and merchants to provide the rich, seamless commerce...

READ MORE >
PYMNTS Intelligence: Unpacking the Forces Shaping Consumers’ Payment Preferences
PYMNTS Intelligence: Unpacking the Forces Shaping Consumers’ Payment Preferences
January 24, 2023  |  Credit Unions

Speed, convenience and ease of use are driving interest in a growing variety of payment options and digital technologies. Consumers have become accustomed to seamless...

READ MORE >
An Insider on Staying Ahead of Members’ Digital Needs
An Insider on Staying Ahead of Members’ Digital Needs
January 23, 2023  |  Credit Unions

Just as Steve Jobs famously didn’t wait for customers to tell Apple what products they wanted, Sumeet Grover, chief digital officer at Alliant Credit Union,...

READ MORE >
86% of Construction Firms Blame Late Payments on Productivity Declines
86% of Construction Firms Blame Late Payments on Productivity Declines
January 23, 2023  |  B2B Payments

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...

READ MORE >
Credit Unions Take Page From Apple’s Playbook in Solving Member Problems
Credit Unions Take Page From Apple’s Playbook in Solving Member Problems
January 20, 2023  |  Credit Unions

At a time of economic uncertainty — with high inflation rates and 74% of consumers concerned about their personal finances — consumers increasingly want payments...

READ MORE >
For a Growing Number of Consumers, Mobile Wallets Fit the Bill
For a Growing Number of Consumers, Mobile Wallets Fit the Bill
January 18, 2023  |  Mobile Wallets

With nearly every adult consumer carrying some type of smartphone, digital wallets are an increasingly viable alternative payment method at the point of sale (POS)...

READ MORE >
PYMNTS Intelligence: Small Businesses and SMBs Seek Personalized Digital Banking Support
PYMNTS Intelligence: Small Businesses and SMBs Seek Personalized Digital Banking Support
January 17, 2023  |  Digital-First Banking

Small businesses represent 99.9% of all businesses in the United States, and there were 32.5 million small businesses operating as of 2021, according to a...

READ MORE >