The global pandemic has created public health and economic uncertainty on a scale not seen in a generation. It has also motivated the great digital shift across all pillars of the global economy, including an almost unanimous move on the part of the business payments...
Paper checks are gradually shrinking their market share in the B2B payments landscape, yet the outdated payment tool remains in-use for up to 80 percent of businesses in the U.S., noted PYMNTS in a previous Faster Payments Tracker. Today, there are two key methods for...
This week, three new cases of accused internal fraud emerged, showcasing the variety of ways employees can steal company cash. Invoice and purchase order manipulation, company credit card abuse and fraudulent use of company checks all surface as cautionary tales for corporates’ internal financial processes....
The paper check continues to be a prominent — and, in many cases, dominant — payment method in B2B transactions. PYMNTS research released last October in the “Bringing Corporate Payments Out of the Dark Ages” webinar revealed 64 percent of B2B payments are made with...
June 01, 2020
The global pandemic has created public health and economic uncertainty on a scale not seen in a generation. It has also motivated the great digital shift across all pillars of the global economy, including an almost unanimous move on the part of the business payments ecosystem to embrace modern, digital payments systems at a pace […]
July 06, 2017
Online and alternative lending is satiating consumers’ need for speed when it comes to accessing finance. But, while an online loan decision may be near-instant, borrowers may still have to...
October 21, 2016
The inspiration for payments innovation can sometimes come from unlikely places — like investing in bagels only to have an anti-carb diet craze take the market by storm months later....
July 05, 2017
The Federal Reserve made news late last week when it released its newest data on consumer and business payment habits, assessed via data from 2015 compiled in 2016. According to Fed researchers, there were some significant changes in corporate payments activity between 2000 an 2015. The report, published Friday (June 30), found businesses wrote an average […]
