Throughout 2024, the adoption of virtual cards signaled a shift in how businesses approach B2B payments. Historically relegated to the sidelines due to limited supplier acceptance, virtual cards are now increasingly moving to the forefront of payment innovation, in large part by addressing the critical...
The convergence of affordable microcomputing and low-code software platforms is fundamentally reshaping how enterprises approach innovation. Just take, for example, the evolution of the single-board computer (SBC) maker Raspberry Pi’s business model from B2C to B2B. Initially designed as an educational tool, the microcomputer company reportedly...
The age of COVID-initiated supply shortages at car dealers is over. And that’s placed pressure on carmakers and dealers to price their unsold wares more aggressively, The Wall Street Journal (WSJ) reported Sunday (Dec. 29). During this month’s hectic shopping season, car buyers got —...
Big Lots has struck a deal to keep hundreds of stores from shuttering. The bankrupt discount retailer announced Friday (Dec. 27) that it had agreed to sell itself to Gordon Brothers Retail Partners, a capital markets company that will transfer Big Lots’ stores, distribution centers...
Hey, we got frustrated. We were planning our last Weekender of the year, and everything was feeling more than a little too cliched. Staffer resolutions for the new year? Boring. Resolutions for the payments sector and connected economy? Even more boring. Then it hit us....
While holiday spending may have filled merchants’ coffers, the challenge will be to keep consumer momentum going at the registers, particularly at brick-and-mortar stores. The PYMNTS Intelligence report “2024 Global Digital Shopping Index: U.S. Edition,” created in collaboration with Visa Acceptance Solutions, found that about...
For decades, compliance has been viewed as a necessary but costly burden — a box to check to avoid penalties, maintain licenses and keep regulators at bay. But 2024 marked a turning point for compliance in the payments and financial services sectors, in part marked...
Stablecoin issuer Tether has made a novel venture capital fund investment into an Arcanum Capital fund dedicated to supporting decentralized technologies. Tether’s support of the Arcanum Emerging Technologies Fund II aims to speed the development of the bitcoin ecosystem, the intersection of blockchain and artificial intelligence (AI),...
As the dust settles on a transformative year in B2B, 2024’s advancements hint at a future where B2B payments become more seamless, intelligent and integrated. Digital innovation rewrote the rules of enterprise-level commerce this year, as businesses embraced technology to streamline workflows, enhance security and...
