Consumers love how easy it is to use credit cards to make purchases, but hate how hard it can be to dispute a transaction. In the Credit Card Frictions Report, PYMNTS surveyed over 2,000 consumers to examine how frictions such as card disputes and declines...
Card not present (CNP) debit transactions are growing swiftly during the pandemic as many consumers limit their in-store shopping and leverage services such as curbside grocery pickup, meal delivery apps and online retail to meet their needs while social distancing. Merchants and financial institutions (FIs)...
For language-services providers, working with a wide network of translators isn't without its challenges. Invoices too often get duplicated and take a bite out of corporate budgets, says Toni Tornell, controller at United Language Group. In the latest CFO’s Guide To Digitizing B2B Payments Report,...
Businesses are not anticipating a smooth return to normalcy, with 43.5 percent of treasurers saying in a global poll that they expect the economic recovery to follow a “W”-shape, rather than the much-hoped-for “V”-shape. Organizations that are adjusting their processes to meet the conditions imposed...
January 29, 2021
Many businesses have found paper checks difficult to manage during the pandemic and have sought out alternative payment approaches to better suit their needs. Firms have increasingly turned their attention to accounts payable (AP) and accounts receivable (AR) digitization and automation efforts that can move money faster and with less manual intervention. Some companies are […]
October 20, 2020
Consumers love how easy it is to use credit cards to make purchases, but hate how hard it can be to dispute a transaction. In the Credit Card Frictions Report,...
August 12, 2020
Businesses are seriously examining how to retool their accounts payable (AP) strategies as they work to better endure a shifting economic landscape. Thirty-eight percent of companies have already reported...
October 09, 2019
The gig economy — and digital marketplaces designed to service gig workers and employers — is where so much of the action is these days. Payments and other forms of...
August 04, 2020
FinTech Kabbage could be seeking a sale, and in doing so, could look to garner up to $1 billion, according to sources quoted by Barron’s. The business did well during the pandemic, out-performing some larger lenders, and the sale could have bids within the month, the sources said. The potential buyers that have emerged thus […]
July 30, 2020
Remitly, which works to provide remittances and financial services for immigrants, announced an $85 million funding round amid a worldwide surge in demand for those kinds of services, a press...
June 10, 2020
Roger Hochschild, chief executive officer for Discover, said most of their customers no longer have trouble with making payments, Bloomberg reported. “Of the customers no longer enrolled in the skip-a-payment...
June 07, 2020
Buyers of Apple products will soon have the ability to pay for those products, including iPads, Macs and AirPods, in monthly installments using the Apple Card. The tech giant, planning...
