Retailers have long enticed consumers with rebates, cash back and other rewards. Savvy shoppers have found these traditional programs to be lucrative, but long wait times between purchases made and receiving disbursements have deterred others. The rapid rise and adoption of instant payments among retailers...
Checks are still used for 75 percent of rebate payouts, but the tide may finally be turning. Online rebate providers are experimenting with new payout options as they look to entice customers, and satiate their need for instant pay. In the latest Disbursements Tracker, Craig...
Consumers are no longer willing to wait for even the simplest of disbursements. Whether they’re waiting to receive government payments, wages or rebate checks from online retailers, consumers increasingly demand that funds be sent instantly. Businesses, banks and payment providers worldwide are innovating the way...
The insurance industry has a reputation for slow procedures and even slower payments, and the claims process still often requires customers to deal with depositing physical checks. But such services are becoming more digital than ever as customers become less keen on paper-based systems and...
Uber drivers and Airbnb hosts expect to be paid instantly, yet insurance claims payouts for their car accidents or home repairs are still a slow, paper check game. Artificial intelligence (AI) can fast-track that payout process, says Tim Attia, co-founder and CEO of gig economy...
Payments and cash flow can be the difference between life and death for small and medium-sized businesses (SMBs), This also applies to expense and spend management, which have a massive impact on cash flow. To solve these issues, we are seeing new innovative technology and...
Seventy percent of gig economy workers are still living paycheck to paycheck, despite pulling in more money than ever. Instant payments and disbursements are therefore only growing more integral to every facet of the gig economy ecosystem. Nearly 40 percent of U.S. workers are engaged...
Hurricanes, wildfires, tornados, earthquakes and floods — disasters of all types tend to bring out the best and the worst in people. Generous donations. Ripped-off funds. Faulty grant applications and truckloads of supplies sent to the impacted areas. Whatever the angle — honest or fraudulent —...
Most financial services have moved online, but many senior citizens still depend on paper-based processes to receive their pensions or other retirement benefits. Younger generations are just starting to save for the future, and will likely expect digital payment methods and support for their eventual...
