October 06, 2023
This Week in AI: Deepfakes, Devices and Data Developments
It is almost generative artificial intelligence’s first birthday. Next month, it will have been a full calendar year since OpenAI first launched its ChatGPT product and spurred the creation of...
October 06, 2023
Customers Not Sold on Restaurant Tech
As restaurants tap technology to weather their labor challenges, PYMNTS Intelligence suggests that consumers may be growing frustrated with the depersonalization of the experience. By the Numbers The vast majority...
October 06, 2023
Vlorish Launches All-in-One Finance Platform for Freelancers
FinTech startup Vlorish launched its freelancer finance platform, aiming to simplify bookkeeping, budgeting and credit scoring models for the freelance market. The all-in-one web platform provides freelancers, solopreneurs, independent contractors...
October 05, 2023
27% of CFOs Say They ‘Definitely’ Need More AR Automation
Chief financial officers (CFOs) are looking at automation to improve their accounts receivable (AR) processes. Sixty-seven percent of CFOs say their firms “probably” need more automation and 27% say they...
October 05, 2023
Cobre Raises $13 Million to Expand Payment Automation Platform
Cobre has reportedly raised $13 million to take its treasury platform beyond its native Colombia. As TechCrunch reported Thursday (Oct. 5), the company plans to enter Mexico next year, while also updating...
October 05, 2023
Small Businesses Look for New Options as Traditional Funding Shrinks
Smaller firms feel the credit crunch — and are likely to pivot to new avenues of financing. PYMNTS Intelligence shows that six in 10 smaller firms are denied funding through...
October 05, 2023
AP Automation Helps Corporates Do More With Less
When and how much a business gets paid can determine whether it will survive. But it is the technical architecture around that payment that can set a business up for...
October 05, 2023
Why FinTechs Are Telling Customers They No Longer Want Their...
FinTechs spent years pursuing growth at all costs — where profits were an afterthought. Revenues, eyeballs, clicks and accounts — in short, the more business the better — were the...
October 04, 2023
How Real-Time Payments Could Help Manufacturing Sector Grow
The smokestack economy is not out of the woods yet. Manufacturing is still contracting, but growth seems to be on the horizon. The recognition of how tech can enable speedier...
Business cards offer numerous benefits to small businesses over other financing, including easier qualification, significantly higher credit limits, and perks such as cash back, travel and mileage-earning rewards. The latest “B2B and Digital Payments Tracker®” explores why 63% of small business owners using cards as their primary startup funding attribute their success to this method of financing.
Real-time payments already account for at least 15% of B2B payments volume in the insurance, manufacturing and retail industries. PYMNTS Intelligence’s latest study of 500 executives across the retail, insurance, manufacturing and real estate sectors examines how these industries are using real time payments today and their plans for the future. Read more in “The State of Real-Time Payments,” a collaboration with The Clearing House.