From making restaurant reservations to ordering meals, a growing share of U.S. consumers are using smartphones as part of their dining experiences. In turn, restaurants are fast embracing mobile payments as they look to deliver on the speed and convenience their customers have come to...
For the 58 percent of millennials who consider themselves entrepreneurs, and hustle from gig to gig, insurance can be a barrier to launching a successful business. However, a lack of access to short-term liability insurance — with equally short settlement times — can leave gig...
Real-time payments are growing more established in countries like the United States, as institutes like The Clearing House (TCH) update their payment infrastructures for the first time in more than three decades. With new payment systems to work with, real-time payments are starting to filter...
To allow businesses to send money to consumers’ bank accounts in real time using their debit cards, real-time electronic payment and banking solutions provider ACI Worldwide announced the rollout of ACI Disbursement Services. The debit card disbursements tap into the Visa Direct and Mastercard Send real-time...
For most renters, coughing up a cash-based security deposit means parting ways with that money for the duration of the lease. Now, there’s a movement to replace cash deposits with insurance policies or electronic contracts. In this month’s Disbursements Tracker, Paraag Sarva, CEO of Rhino,...
Around the world, banks and FinTech firms are addressing challenges associated with enabling fund disbursements in real time — and some markets are developing real-time networks faster than others. In the latest Disbursements Tracker, PYMNTS explores how banks and card providers are approaching payment innovations...
In the digital economy, geographical and physical borders are no longer barriers to employment. The doors to opportunity are wide open for anyone willing and able to join the global economy. A graphic designer in Brazil, for example, can find work designing a logo for...
It might be too much (and certainly too cliché) to call it a revolution. Even so, it’s in the same neighborhood — consumer demand for faster, digitally pushed payments is leading to increasing pressure on corporations and other organizations to offer better forms of disbursement....
Thanks to digital technology and global connectivity, gig economy participation is open to just about anyone — including educators who want to provide lessons to students anywhere in the world. Teachers looking to make additional income have a lot to learn about how these marketplaces...
