Payments innovation often steals the spotlight from its less flashy cousin, payment advances. But beneath developments like artificial intelligence and real-time payments, bill presentment has quietly emerged as a critical component of financial institutions’ and billers’ strategies, playing an essential role in enhancing customer experience,...
In the fourth quarter of 2024, increased economic pressures continued to affect households in the United States. With inflation at 2.9% by December, 65% of consumers reported living paycheck to paycheck, indicating ongoing financial strain. The PYMNTS Intelligence report “Struggling Consumers Go to Short-Term Strategies...
For banks still on the fence about real-time payments, here’s a reality check: Not offering instant payments doesn’t just mean losing potential new customers — it could mean losing existing ones. Think of instant payments as the financial industry’s version of same-day delivery. Consumers and...
Bill payment service doxo launched a solution to make paying bills easier for consumers. DoxoBILLS, available in the United States via mobile and desktop, allows consumers to manage their household bills in an “all-in-one” platform, according to a Wednesday (Jan. 8) press release. “DoxoBILLS is...
March 25, 2025
Faster payments have loomed large in financial services through the past couple of years — and with the uncertainty of tariffs and inflation, speedier payments have a broad range of desirable traits. There’s a surety that comes with instant funds, a visibility into cash flow that’s not there when it takes a transaction days to […]
March 12, 2025
Payments innovation often steals the spotlight from its less flashy cousin, payment advances. But beneath developments like artificial intelligence and real-time payments, bill presentment has quietly emerged as a critical...
February 26, 2025
In the fourth quarter of 2024, increased economic pressures continued to affect households in the United States. With inflation at 2.9% by December, 65% of consumers reported living paycheck to...
February 07, 2025
For banks still on the fence about real-time payments, here’s a reality check: Not offering instant payments doesn’t just mean losing potential new customers — it could mean losing existing...
January 08, 2025
Bill payment service doxo launched a solution to make paying bills easier for consumers. DoxoBILLS, available in the United States via mobile and desktop, allows consumers to manage their household bills in an “all-in-one” platform, according to a Wednesday (Jan. 8) press release. “DoxoBILLS is the first and only solution to incorporate all six essential […]
November 12, 2024
FIS is teaming with Oracle to remove paper checks from the utility billing process. The FinTech company announced Tuesday (Nov. 12) that its BillerIQ solution, running on the Oracle Cloud...
October 30, 2024
Payments platform Airwallex is reportedly in discussions to raise $200 million. The Singapore-based company aims to close the funding round at the end of the year, targeting a $6 billion...
October 29, 2024
Crater launched artificial intelligence-powered accounts receivable (AR) and accounts payable (AP) solutions for banks, credit unions and B2B platforms. With these solutions, customers can offer white-labeled, embedded AR/AP products like...