Construction timelines depend on precision, coordination and confidence, but slow payments continue to undermine all three. Across the industry, contractors report that late disbursements are far more damaging than weather or materials issues. These late payments create cascading delays that fracture schedules, inflate bids and...
Real-time money movement is rapidly moving toward always-on status. The Federal Reserve has laid out a path to expand the operating days of its largest wholesale settlement rails, pushing final settlement deeper into weekends and holidays and shrinking the “wait until Monday” window that corporate...
Brazil’s Pix real-time payments network already moves more money than cards or cash in Latin America’s largest economy. Now, the same digital rails that let Brazilians scan a QR code to pay a beach vendor or a department store are being extended to millions of...
Lumanu has extended its payments and compliance platform for the global creative economy to deliver real-time payments to creators and contractors in more than 195 countries and territories. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
For decades, corporate treasury has been organized around a simple premise: Money moves slowly enough that decisions can wait. But real-time payment rails, always-on banking APIs, and continuous data flows are fundamentally altering how money moves through corporations. Get the Full Story Complete the form...
Change doesn’t happen instantly, even when it comes to instant payments. 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...
Instant money movement is accelerating across the U.S. economy, and nowhere is that shift more visible than in the gig economy, where workers increasingly expect to receive their earnings the moment they are issued. Get the Full Story Complete the form to unlock this article...
With a little over two years in market, the Federal Reserve’s instant payments platform, the FedNow® Service, is now entering what Chief Product and Relationship Officer Shonda Clay calls its next phase: moving to mainstream awareness. Get the Full Story Complete the form to unlock...
Real-time payments continue to expand across the globe through several use cases as businesses and households lean into speed. 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...
