As criticism of traditional biweekly and monthly payroll systems increases, workers in gig, freelance and contract roles are more vocal about the financial strain caused by delayed payments. This has sparked a demand for instant payroll, changing how employees manage their finances and engage with...
The money mobility ecosystem PYMNTS detailed in its new background report “The Modern Money Mobility Ecosystem” has been the topic of several research projects over the past year. In today’s on-demand economy, consumers expect instant gratification in every aspect of their lives — and financial...
Late payments are a common issue for businesses, especially small- to medium-sized businesses (SMBs) struggling with cash flow. As payment delays persist, businesses are turning to faster payment solutions to ease financial pressure, improve operations and strengthen supplier relationships. The PYMNTS Intelligence report “Need for...
Insurance industry payment platform One Inc says Columbia Insurance Group has adopted its digital payments solutions. Columbia Insurance Group (CIG), specializing in property and casualty insurance for small and mid-size businesses, will now begin using One’s PremiumPay and ClaimsPay solutions, for both inbound and outbound payments, the company announced...
January 24, 2025
For years, the travel and hospitality sectors have stuck to traditional payment options, such as cash and credit cards. But as consumers and staff demand quicker, more efficient ways to manage transactions, it’s clear these old systems are no longer enough. Enter real-time payment technologies that promise to impact operations and elevate experiences for consumers […]
January 22, 2025
As criticism of traditional biweekly and monthly payroll systems increases, workers in gig, freelance and contract roles are more vocal about the financial strain caused by delayed payments. This has...
January 17, 2025
Late payments are a common issue for businesses, especially small- to medium-sized businesses (SMBs) struggling with cash flow. As payment delays persist, businesses are turning to faster payment solutions to...
January 13, 2025
Digital payments are growing in Latin America as companies like Mercado Libre and TerraPay rapidly advance digital banking and digital wallets in the region. Central bank instant payments mandates and...
January 16, 2025
Insurance industry payment platform One Inc says Columbia Insurance Group has adopted its digital payments solutions. Columbia Insurance Group (CIG), specializing in property and casualty insurance for small and mid-size businesses, will now begin using One’s PremiumPay and ClaimsPay solutions, for both inbound and outbound payments, the company announced in a Thursday (Jan. 16) news release. “By integrating PremiumPay, One Inc’s […]
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...
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...
December 06, 2024
With one year to go before the deadline to move to ISO 20022 for cross-border payments and reporting plus (CBPR+), more than 1 million ISO 20022-formatted messages are already being sent...
