The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where your bank knows your business as well as you do, providing the working capital solution you need right when you...
Financial institutions can convert credit card outsiders to become holders of secured credit cards by encouraging them to think long term. While some of these consumers who do not have a credit card are wary of credit, most also know that secured credit cards can...
The utilization of working capital solutions is on the rise for healthcare Growth Corporates. In 2024, 97% of industry Growth Corporates using at least one such solution, an increase of 51% year over year. The preference for on-demand solutions — such as corporate and virtual...
As platform businesses strive to maintain a competitive edge, the readiness to harness data effectively is a factor driving success. Given the world’s digital landscape, the ability to analyze and interpret data in real time allows businesses to respond quickly to market demands and customer...
November 04, 2024
The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where your bank knows your business as well as you do, providing the working capital solution you need right when you need it — no phone calls, no paperwork, just a […]
November 04, 2024
Financial institutions can convert credit card outsiders to become holders of secured credit cards by encouraging them to think long term. While some of these consumers who do not have...
October 31, 2024
As platform businesses strive to maintain a competitive edge, the readiness to harness data effectively is a factor driving success. Given the world’s digital landscape, the ability to analyze and...
October 29, 2024
Enterprises regularly make ad hoc payments to consumers and small- to medium-sized businesses (SMBs). In the last year, the share of accounts payable (AP) comprised of ad hoc payments has...
December 29, 2023
Digital technologies are being built to help solve one of the key challenges facing the construction industry: delayed payments. The construction industry’s days sales outstanding (DSO) stands at 94 days, according to “Under Construction: Improving Payments in the Construction Industry,” a PYMNTS and Ingo Money collaboration. Those payment delays impact general contractors, subcontractors, vendors, workers […]
December 28, 2023
About 30% of consumers have low credit scores — 650 or less — that have denied them access to credit products. These consumers and others are considered to be credit...
December 28, 2023
Most consumers are dealing with some level of debt. Only 17% of U.S. consumers carry no debt, according to “The Credit Accessibility Series: Economic Malaise Exacerbating U.S. Consumer Debt Levels,”...
December 28, 2023
The younger the consumer, the less likely they are to use credit cards. Only 42% of Generation Z consumers and 62% of millennials said they used a credit card in...
