A surefire way of annoying people is making them wait for money. That can lead to ruined friendships, strained family relations and countless arguments and frustrations. Financial institutions (FIs) and the corporate clients they serve are figuring out ways to avoid those dangers when it...
Even in the best of times, turnover wastes employers’ time and money, and the problem only gets worse with low unemployment. But what if one could combine digital technology, payment processing, existing card rails and easy, instant access to daily wages to build a perk...
Employers are increasingly moving away from depositing paychecks into employees’ bank accounts, offering instead to add them to payroll cards. Payroll cards work like debit cards, allowing employees to purchase goods and services or make cash withdrawals from ATMs. Unlike debit cards, though, there are...
When fans decide to sell their tickets, they expect to be paid on demand. Not paying them on time is a luxury ticket resellers can't afford as consumers are quick to switch to other platforms, says Jeff Poirier, GM of music and theater for StubHub....
When it comes to receiving money, consumers want more control. More precisely, their satisfaction with disbursement methods comes down to the three C’s — convenience, certainty and choice, findings in the latest Disbursements Satisfaction Index revealed. To meet that growing demand for improved digital disbursement...
Consumers can be an impatient bunch, and that becomes pretty clear when the conversation turns to insurance checks and other corporate disbursements. But what would happen if faster disbursements were combined with a (peer-to-peer) P2P service that is striving for more bank partners and customers? That...
Nearly 25 million Americans were affected by wildfires, hurricanes or floods last year, making 2017 one of the worst years on record for weather disasters. Alex Amparo, FEMA’s director of external affairs, speaks with PYMNTS about how the agency uses several different payment methods to...
What is the key to meeting consumers’ payment preferences? According to a survey of 2,300 respondents, it all comes down to the three Cs: convenience, certainty and choice, the latest edition of the Disbursement Satisfaction Index reveals. In terms of convenience, speed is priority. When...
Consumers want to receive their goods on time, and the drivers who transport such products across states and navigate city traffic to deliver them do, too. The June Disbursement Tracker's Deep Dive looks at the mobile apps changing how quickly freight drivers get paid for...
