August 24, 2023
Real Estate Sector Falls Behind in Real-Time Payments Adoption
In today’s digital era, it seems almost quaint that an industry as essential as real estate relies so heavily on paper checks, given current rates of mailbox fraud and other uncertainties such as delivery...
August 24, 2023
Generative AI’s Biggest Impact May Be as a Specialist
General-purpose innovations can often fall into the solution-in-search-of-a-problem trap. After all, to a hammer everything looks like a nail. And to large language models (LLMs), everything might resemble a query. But generative...
August 24, 2023
Manufacturers See Real-Time Payments Replacing Checks
The manufacturing sector is quickly recognizing the value of real-time payments. Most manufacturers now deem real-time payments vital for business, with 61% holding this view for making payments and 65%...
August 24, 2023
Accounts Payable Moves From Cost Center to Revenue Generator
The paper check remains firmly entrenched in B2B payments in the United States. Finexio Chief Commercial Officer Bill Fox recounted to PYMNTS that elsewhere around the world — especially in Europe — checks...
August 24, 2023
JPMorgan: Healthcare Payments Need Context to Drive Patient Value
Innovation starts with payments and ends with a streamlined and fully optimized payee experience. But it needs to get past an iceberg of institutional inertia first — particularly within healthcare....
August 23, 2023
Seasonal Trends and a Recall Prompt Drop in Peloton Subscriptions
The state of recalls. That’s what it feels like with Peloton, as on Wednesday (Aug. 23) the company reported a loss that exceeded expectations and a reduction in new quarterly...
August 23, 2023
Expensify Offers Revenue Sharing Plan for Accountants
Expense management app Expensify has debuted a revenue-sharing program for its accounting partners. Starting next month, members of the company’s ExpensifyApproved! Accountants partnership program will get a 0.5% revenue share on every...
August 23, 2023
10 C-Suite Execs Share Their Recipe for Sustainable Success
There are as many ways to do business as there are businesses themselves. And each of those organizations has their own “One Thing” that they consider to be all-important in...
August 23, 2023
Construction and Utility Businesses Use Credit Twice as Much as...
Slow payments are a perennial problem for the construction industry. PYMNTS research found that delayed transactions (those in which firms wait more than 90 days to receive payments) represented 12% of construction...
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.