PYMNTS-MonitorEdge-May-2024

commercial payments

Marqeta Adds UX Toolkit and Portfolio Migration for Card Program Management
Marqeta Adds UX Toolkit and Portfolio Migration for Card Program Management
October 22, 2024  |  Credit Cards

Marqeta has added two new products to its card program management tools. The new UX Toolkit helps customers create modern payment experiences from scratch, while...

READ MORE >
Small Businesses Face Higher Rents as Retail Space Availability Drops
Small Businesses Face Higher Rents as Retail Space Availability Drops
October 22, 2024  |  Real Estate

Retail space availability is reportedly near record lows, giving national chains an advantage over small businesses in securing space as rents rise. Nearly 60% of small...

READ MORE >
Bank of America: Businesses Adopt APIs to Accelerate Data Reporting and Payments
Bank of America: Businesses Adopt APIs to Accelerate Data Reporting and Payments
October 22, 2024  |  API

A growing number of business clients and network participants are using Bank of America application programming interfaces (APIs) to enable payment transactions and other capabilities....

READ MORE >
FinTechs Looking to Enter the US Market Better Be Sponsor-Bank Ready, Says Thredd’s McCarthy
FinTechs Looking to Enter the US Market Better Be Sponsor-Bank Ready, Says Thredd’s McCarthy
October 22, 2024  |  Markets

When it comes to overall opportunity, the United States isn’t a hard sell. The U.S. market is home to over 13,100 FinTechs, with some estimates...

READ MORE >
Instant Payments Could Eliminate Construction’s $280B Late Payments Problem
Instant Payments Could Eliminate Construction’s $280B Late Payments Problem
October 22, 2024  |  Money Mobility

Delayed and incorrect payments are a perpetual headache for the construction industry. These issues not only burden accounting teams but also have serious downstream ramifications....

READ MORE >
Farmers Are Finally Ready to Put the Paper Check out to Pasture
Farmers Are Finally Ready to Put the Paper Check out to Pasture
October 22, 2024  |  B2B Payments

The only thing bigger than the agriculture sector’s contribution to daily sustenance could be its reliance on paper payments. In 2023, agriculture, food and related...

READ MORE >
Honeywell, Google Join Forces to Build AI-Driven Industrial Operations
Honeywell, Google Join Forces to Build AI-Driven Industrial Operations
October 21, 2024  |  artificial intelligence

Honeywell and Google Cloud are partnering to transform the industrial sector by integrating advanced artificial intelligence (AI) agents into operations. The two companies announced their...

READ MORE >
AI Swarms: The Future of Teamwork?
AI Swarms: The Future of Teamwork?
October 21, 2024  |  artificial intelligence

OpenAI’s new Swarm software unleashes teams of artificial intelligence (AI) agents to tackle complex tasks, potentially reshaping business automation across industries. It’s an open-source project...

READ MORE >
Procurement Startup Zip Valued at $2.2 Billion After $190 Million Funding Round
Procurement Startup Zip Valued at $2.2 Billion After $190 Million Funding Round
October 21, 2024  |  Investments

Procurement startup Zip secured $190 million in Series D funding, increasing its valuation to $2.2 billion (up from $1.5 billion in 2023). The investment is...

READ MORE >