For someone buying or selling a used vehicle online, trust in the payment process can make or break the deal. In the June Disbursements Tracker, Accruit CEO Brent Abrahm and TruckTractorTrailer CEO John Gillie argue that digital escrow services can put the woes at ease...
It’s easy for consumers to buy just about anything online these days. But big-ticket items – such as used vehicles, agricultural equipment and valuable artwork – require more than a point and a click to add an item to a digital shopping cart. It requires...
The construction industry frequently uses physical paperwork that can create obstacles when paying contractors and subcontractors. The following Deep Dive highlights common pain points in the construction payment process, and the emerging players that are cutting through the red tape by adding new payment tools...
Payment frictions — from slow payments to non-payments — can easily sour relationships between freelancers and employers. But while gig workers want prompt payments, employers expect assurances that deliverables are being met. In the May Disbursements Tracker™, StratusCore CEO Denise Muyco discusses how a blockchain-based...
Whether it’s a full-time employee waiting for a regular paycheck, a gig worker expecting to be paid in short order or a borrower seeking a loan, payment frictions can be a roadblock to financial stability. And, if they aren’t cleared seamlessly, these hurdles can cause...
Can financial incentives boost workforce production and help employees pursue healthier lifestyles? The new Disbursement Tracker includes a Deep Dive that looks at the growing employee wellness program market and how disbursement tools are being used to encourage healthier living.
Companies will spend roughly $13 billion on employee wellness programs by 2023 to combat soaring healthcare costs and improve workforce productivity. In the latest edition of the Disbursements Tracker, iRewardHealth CEO Rick McCartney tells PYMNTS that closing that gap more quickly comes down to using...
In the workforce, speed is an issue close to employees’ hearts. How quickly workers get paid can not only affect their satisfaction with their day-to-day job, but also plays a large role in motivating them to remain in their roles. And employers are learning...
There are many ways to quickly hail a ride through platforms such as Uber — or have a freelancer complete a task through Fiverr. But payments for gig workers can be a completely different story. Gig workers aren’t getting paid as quickly as they have been...