Rent Payments news and trends

Real-Time Rental Payments Provide Alternative to Outdated Systems
Money Mobility // April 30, 2024

More than 34% of Americans rent their homes, representing billions of dollars in monthly rental payments to landlords and property managers. Despite this large sum, rent payments often rely on outdated and inefficient methods, such as paper checks, wire transfers and other systems, leading to...

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

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 to pay rent can opt in to this new credit-building payment reporting program at no cost to them or their...

RentRedi Enhances Tenant Screening Feature With Plaid Integration
Real Estate // January 11, 2024

Property management software provider RentRedi has expanded its integration with financial data network Plaid. Having already integrated with Plaid for years to simplify rent collection, RentRedi has expanded the integration to enhance its tenant screening feature, the company said in a Thursday (Jan. 11) press...

Increasing Consumer Satisfaction Spurs Instant, Digital Payouts Across Sectors
Disbursements // December 29, 2023

Drawing insights from the “Generation Instant Series,” a collaboration with Ingo Money, PYMNTS Intelligence takes a look at instant payouts across the hospitality, gaming, rental and corporate spaces, examining consumer and worker satisfaction with disbursements received from government and nongovernment entities. The findings underscore the...

Interviews & Exclusives
Real-Time Rental Payments Provide Alternative to Outdated Systems

April 30, 2024
More than 34% of Americans rent their homes, representing billions of dollars in monthly rental payments to landlords and property managers. Despite this large sum, rent payments often rely on outdated and inefficient methods, such as paper checks, wire transfers and other systems, leading to delays. Many property managers seek to expedite these payments to […]

AppFolio Says Instant Payments Help Landlords and Tenants Navigate Tough Rental Market

February 13, 2023
At first glance, the property management industry may appear to be in a favorable moment. According to one survey, nearly three-quarters of United States renters are satisfied with their property...

Digital Wallets Core to Adam Neumann’s Latest PropTech Venture, Flow

January 04, 2023
Digital wallet and embedded payments will help PropTechs turn renting an apartment into a community based, digital experience. Bond CEO Roy Ng told Karen Webster that the wallets can conceivably...

Property Managers Boost Efficiency With Online, Real-Time Payments

February 04, 2022
Despite the importance of paying rent on time and ensuring that it has actually been paid, most tenants are still paying with paper checks. That’s happening in related categories, too,...

Quick Reads
Stake Expands Rent Collections Capabilities With Circa Acquisition

June 13, 2024
Stake has acquired Circa to help reduce delinquencies and arrears in the rental economy by offering both rent incentives and collections management. This acquisition, which was completed earlier in June, adds Circa’s free payment processing and success-based collections management to Stake’s loyalty, renter banking services and incentive optimization services, the companies said in a Thursday […]

Zillow Adds Credit-Building Payment Reporting Program for Renters

January 17, 2024
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 to pay rent can opt...

RentRedi Enhances Tenant Screening Feature With Plaid Integration

January 11, 2024
Property management software provider RentRedi has expanded its integration with financial data network Plaid. Having already integrated with Plaid for years to simplify rent collection, RentRedi has expanded the integration...

Bloom Credit Unveils Credit-Building Tool for Renters

October 31, 2023
Financial wellness platform Bloom Credit launched a credit reporting service for rental payment data. The company debuted a service that allows rental apps to report rent payments to the three...