Higher education is vital for personal and professional growth but rising tuition costs make it harder for students to attend. While financial aid like scholarships and loans help, delays in disbursement can jeopardize enrollment. A PYMNTS Intelligence report, “Making the Grade: Promoting Faster Payments in...
Earned wage access (EWA) is expanding platforms, including the eCommerce and ridesharing mainstays that rely on drivers for deliveries and trips, and the FinTech providers that offer enterprises new financial capabilities. In some cases, letting users get an advance on their pay comes via acquisition,...
Payments infrastructure firm Episode Six (E6) has joined the Visa Ready for Government Disbursements program and teamed up with Secupay to deliver government disbursements in Germany. This partnership brings together Episode Six’s enterprise-grade card issuance and transaction processing technology, the Visa Ready for Government Disbursements...
The insurance industry has faced challenges in implementing real-time payouts due to high costs and transparency issues, despite the potential benefits for insurers and customers, such as reduced delays and improved satisfaction. According to a PYMNTS Intelligence report, “Real Time Matters: The Imperative for Instant...
December 31, 2024
Higher education is vital for personal and professional growth but rising tuition costs make it harder for students to attend. While financial aid like scholarships and loans help, delays in disbursement can jeopardize enrollment. A PYMNTS Intelligence report, “Making the Grade: Promoting Faster Payments in Education,” a collaboration with Ingo Payments, examines how modernizing payment […]
December 17, 2024
The insurance industry has faced challenges in implementing real-time payouts due to high costs and transparency issues, despite the potential benefits for insurers and customers, such as reduced delays and...
November 18, 2024
How many potential borrowers are lost to cumbersome loan processes and slow disbursements? Today’s consumers expect the speed and convenience they find in other digital services — but traditional loan...
October 29, 2024
Enterprises regularly make ad hoc payments to consumers and small- to medium-sized businesses (SMBs). In the last year, the share of accounts payable (AP) comprised of ad hoc payments has...
January 08, 2025
TurboTax has introduced what it calls a first-of-its-kind tax refund offering. It’s part of a suite of new offerings the Intuit-owned tax filing service introduced Wednesday (Jan. 8), ahead of the 2024 tax season. “For millions of Americans, the tax refund, averaging over $3,000, represents the largest paycheck of the year,” TurboTax said in a […]
December 19, 2024
Payments infrastructure firm Episode Six (E6) has joined the Visa Ready for Government Disbursements program and teamed up with Secupay to deliver government disbursements in Germany. This partnership brings together...
December 12, 2024
Visa will begin enabling faster delivery of money with Visa Direct, making funds transferred to U.S. bank accounts available within one minute. This capability will begin in April 2025, allowing...
November 27, 2024
Worldpay introduced what it called a “first-of-its-kind service” capable of delivering near-instant refunds. The refunds — the speed of which depends on the receiving financial institution — are designed to...
