Two heads are frequently better than one, and good things often come in pairs. That could be why, when Brian Scott, chief growth officer at credit union service organization PSCU, was asked as a part of PYMNTS new executive series “The One Thing” about what people always...
The wheels on a truck go ‘round and ‘round – until sometimes they don’t. And when they don’t, when shipments and schedules get disrupted, there is a snowball effect that can derail key organizations and vendors across an entire supply chain, often with negative downstream...
For account holders at financial institutions (FIs), innovative financial products are increasingly becoming must-haves. For PYMNTS’ study “Credit Union Innovation: The Race to Meet Consumer Demand,” which was done in collaboration with PSCU, we surveyed nearly 6,500 U.S. FI account holders about how they value...
While some people dream of the future, others work their hardest to make it reality. The innovations that these entrepreneurs invent, build and bring to market are at their best the innovations that transform not just lives — but frequently the entire world — for...
Across the grocery industry, merchants are looking for ways to merge digital and brick-and-mortar experiences, especially given that, as PYMNTS research revealed, nearly half of all grocers are dissatisfied with their omnichannel offerings. At a Digital Food and Beverage Conference keynote presentation Tuesday (June 13),...
Even the most potentially impactful innovations in the world can languish if not successfully commercialized. That’s where standards come in. While standards are frequently derived from technology, innovation is often spurred from shared standards as well. That’s because standards tend to make the competitive landscape...
While buyers and suppliers have differing B2B payments pain points, both could benefit from platforms that improve payments transparency. Forty-seven percent of surveyed small- to medium-sized business (SMB) suppliers listed a lack of transparency when payments are received as a top pain point, while 45%...
With businesses of all kinds being squeezed by rising wages and decreased consumer spending, they need to cut costs without cutting essential functions. PYMNTS explains why AP and AR automation can give companies the visibility and control they need for managing cash flow in tough...
Companies that invested in technology to improve working capital transparency during the pandemic saw overwhelmingly positive results. Seventy-seven percent of surveyed CFOs said they saw improved processes from working capital and credit digitization. However, the current economic crisis is exposing where transparency blind spots continue...
