Workers are growing increasingly frustrated with the slow pace of traditional payroll and outdated biweekly pay periods, especially in today’s economic climate, where many live paycheck to paycheck. For gig workers, freelancers and contractors, the wait for payment is even worse, as they often wait...
The U.K. government aims to crack down on late payments, saying it will propose new laws and step up the enforcement of existing ones to speed up large firms’ payments to small businesses and the self-employed. Late payments cost small businesses 22,000 pounds (about $29,000)...
More consumers are making their loan payments on time, aided by slower inflation and other trends. Late payments on loans have leveled off after increasing earlier in the year, Reuters reported Friday (Sept. 13). Delinquency rates across all household liabilities — including credit cards, auto...
New Mountain Capital is reportedly combining three HealthTech firms in a $3 billion deal. The merger is designed to employ artificial intelligence (AI) to help improve payments from health plans to providers, Bloomberg reported Thursday (Sept. 5). According to the report, the deal will bring...
May 09, 2024
Increasingly, small- to mid-sized businesses (SMBs) operating in the healthcare field are using real-time payment technology to improve cash flow efficiency. Thirty-eight percent of the healthcare SMBs PYMNTS Intelligence surveyed for “Small Business Real-Time Payments Barometer: Healthcare Edition” said real-time payments were their most-used payment method, with instant bank account-to-account payments (15%) and instant PayPal (13%) topping the list of preferred […]
May 09, 2024
The construction industry is a critical one, but it has a giant problem: late payments. In a sector where cash flow couldn’t be more important to firms’ survival, slow and delayed payments in the construction space cost...
May 07, 2024
Virtual cards are at a tipping point. That’s the sentiment expressed by several finance leaders in the B2B space, as the current environment of stubborn inflation and strict access to...
December 15, 2023
Late payments and transaction errors run rampant in the construction industry. The sector’s days sales outstanding (DSO) — a measurement of how long a company waits to receive payment for...
September 26, 2024
Electronic billing company Paymentus has launched a partnership with Altera Digital Health. The new agreement adds Paymentus’ electronic bill presentment and payments platform to Altera’s suite of healthcare IT solutions, the company said Thursday (Sept. 26). “Healthcare billing is a historic pain point for patients and healthcare providers alike,” Dushyant Sharma, founder and CEO of […]
September 20, 2024
The U.K. government aims to crack down on late payments, saying it will propose new laws and step up the enforcement of existing ones to speed up large firms’ payments...
September 13, 2024
More consumers are making their loan payments on time, aided by slower inflation and other trends. Late payments on loans have leveled off after increasing earlier in the year, Reuters...
September 05, 2024
New Mountain Capital is reportedly combining three HealthTech firms in a $3 billion deal. The merger is designed to employ artificial intelligence (AI) to help improve payments from health plans...
