real estate

Only 30% of Non-Recurring Payments Are Made in Real Time
Only 30% of Non-Recurring Payments Are Made in Real Time
January 29, 2024  |  Faster Payments

Ad hoc payments, which are irregular payments made outside of normal invoicing and payroll processes, can be a hassle for enterprises. However, a survey revealed...

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Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
Bilt Explores Mortgage Payment Rewards Amid $3.1 Billion Valuation
January 24, 2024  |  News

Rent payment loyalty platform Bilt Rewards is now a $3.1 billion company. Bilt’s new valuation follows a $200 million equity investment led by General Catalyst, as well as...

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Obligo and BNY Mellon Collaborate on Alternative to Security Deposits
Obligo and BNY Mellon Collaborate on Alternative to Security Deposits
January 17, 2024  |  Real Estate

FinTech company Obligo is collaborating with global investments company BNY Mellon to enhance the rental experience for property managers and renters. The collaboration is part of BNY Mellon’s Ascent...

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Zillow Adds Credit-Building Payment Reporting Program for Renters
Zillow Adds Credit-Building Payment Reporting Program for Renters
January 17, 2024  |  Financial Inclusion

Real estate website Zillow added a feature that allows renters to build their credit history at no cost. All renters who use the Zillow platform...

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Paymentus Adds Payment Options to Yardi’s Property Management Software
Paymentus Adds Payment Options to Yardi’s Property Management Software
January 16, 2024  |  Real Estate

Property managers can now access Paymentus’ electronic billing and payment solution through the Yardi Voyager platform. This ability follows Yardi’s designation of Paymentus as a fully qualified Yardi Standard Interface...

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Nearly 25% of B2B Real Estate Payments Are Made via Cash or Check
Nearly 25% of B2B Real Estate Payments Are Made via Cash or Check
January 15, 2024  |  B2B Payments

Despite the entrenchment of automated clearing house transfers as the preferred payment method for real estate companies and the advancement of real-time payments observed in...

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Porch Launches Fraud Warning Product for Title and Escrow Companies
Porch Launches Fraud Warning Product for Title and Escrow Companies
January 10, 2024  |  Security & Fraud

Porch Group has launched a fraud warning product for title and escrow companies. The new RynohVerifi product is designed to help protect against payment fraud by confirming...

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Frontdesk’s Whole-Staff Layoffs Suggest Struggle to Break Through Consumer Inertia
Frontdesk’s Whole-Staff Layoffs Suggest Struggle to Break Through Consumer Inertia
January 03, 2024  |  Startups

With Frontdesk reportedly laying off its whole staff, it seems that amid ongoing financial challenges, short-term rental models may not present a needed enough solution...

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Security Concerns Limit Growth of Instant Payments for Rent-Related Refunds
Security Concerns Limit Growth of Instant Payments for Rent-Related Refunds
December 26, 2023  |  Real-Time Payments

Rental prices keep on rising year after year, and some rental contracts have been tightened by requiring larger deposits at the signing. To illustrate: since...

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