Money Mobility Tracker news and trends

Younger Consumers Drive Surge in Peer-to-Peer Payments App Popularity
Money Mobility // March 06, 2024

Peer-to-peer (P2P) payments have grown increasingly popular in the past several years. This is especially true for younger consumers, who prefer a digital-first payment experience. At least half of millennial and Generation Z consumers say they use P2P payments for both in-store and online purchases....

Eight in 10 Insurers Seek FinTech Partners for Instant Payment Plays
Digital Payments // February 16, 2024

Insurance companies are crucial in helping consumers with essential needs. They may provide funds to cover significant emergencies such as major medical procedures, home repairs following a disaster or replacing a car totaled in a collision. However, the slow payment practices within the industry hinder...

Two-Thirds of College Students Want to Use Their App to Pay Tuition
Digital Payments // February 02, 2024

Pursuing an education is fundamental to skill development, intellectual advancement and personal growth, laying the groundwork for future success. However, soaring tuition costs have made attending many schools prohibitively expensive. This expense prompts many students and parents to defray these costs by obtaining loans, grants...

Instant Payouts Offer a Win-Win for Players and Online Betting Sites
Digital Payments // January 17, 2024

Online gambling has skyrocketed in popularity in the past several years, largely due to the pandemic shutting down physical casinos. The move sent gamers online, which many found more fun and convenient even after the world reopened. Today, digital gambling is a $63 billion industry,...

Interviews & Exclusives
Instant Payouts Offer a Win-Win for Players and Online Betting Sites

January 17, 2024
Online gambling has skyrocketed in popularity in the past several years, largely due to the pandemic shutting down physical casinos. The move sent gamers online, which many found more fun and convenient even after the world reopened. Today, digital gambling is a $63 billion industry, with online casinos deploying the latest technology to improve gameplay, […]

Late Payments Inflate Construction Bids by $273 Billion

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...

55% of Trucking Companies Emphasize AP Innovation as a Crucial Goal

November 22, 2023
The trucking industry represents a vital component of the national economy, transporting more than 72% of the nation’s freight by weight. Sustaining this extensive transportation network requires the movement of...

All Else Equal, 75% of Millennials Would Favor Jobs Offering Instant Payroll

July 13, 2023
Payroll is one of the most critical functions of any workplace, ensuring that employees are paid on time and in the correct amounts. Delaying these paychecks can have massive detrimental...