PYMNTS-MonitorEdge-May-2024

construction

Spend Management Reaches For New — And Digital — Maturity
Spend Management Reaches For New — And Digital — Maturity
July 19, 2018  |  B2B Payments

It’s a phrase that can cause several types of jobsite headaches — stepping away from a project to hit a hardware store with petty cash, for...

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Why Fire and Floods Would Ruin Most Construction Firms (Hint: It’s Not Digital)
Why Fire and Floods Would Ruin Most Construction Firms (Hint: It’s Not Digital)
July 10, 2018  |  Digital Payments

Visit a construction job site and – along with the water coolers, chain link fences, portable toilets and tools – chances are you will come...

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Barclaycard Targets Construction’s Cash Flow Struggles With SMB Cards
Barclaycard Targets Construction’s Cash Flow Struggles With SMB Cards
June 22, 2018  |  B2B Payments

As the U.K.’s construction industry continues to struggle with late supplier payments, a new commercial card product from Barclaycard aims to address some of the...

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Late Payments Continue To Plague Construction, Music Streaming Businesses
Late Payments Continue To Plague Construction, Music Streaming Businesses
June 13, 2018  |  B2B Payments

 It’s no secret that construction firms are hurt by stretched payment terms.  But the price tag is staggering, to the tune of $40 billion. And...

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In Construction, Tech Provides The Blueprint To Profits
In Construction, Tech Provides The Blueprint To Profits
June 12, 2018  |  B2B Payments

There is a sudden surge in construction technology startups, and investors have perked up. Analysts forecasted a 40 percent increase in venture capitalist (VC) funding...

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Working Capital Sizzles, Wells Fargo Fizzles And MoviePass Faces An Uncertain Future
Working Capital Sizzles, Wells Fargo Fizzles And MoviePass Faces An Uncertain Future
May 11, 2018  |  Sizzle/Fizzle

It’s never a good sign when the headlines begin widely speculating about a firm’s impending demise. That’s currently the media narrative for MoviePass, which has...

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Threat Of Insolvency Spikes For UK Construction Industry
Threat Of Insolvency Spikes For UK Construction Industry
May 10, 2018  |  B2B Payments

Following the collapse of the U.K.’s largest contractor, construction conglomerate Carillion, new data shows a major spike in the number of construction companies facing financial...

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The Construction Industry’s Lending Catch-22
The Construction Industry’s Lending Catch-22
March 08, 2018  |  B2B Payments

Credit underwriting is more reliant than ever on Big Data, and one of the industries in which this is most pronounced is the construction industry....

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Amid Carillion Catastrophe, Suppliers Panic With Payments In Limbo
Amid Carillion Catastrophe, Suppliers Panic With Payments In Limbo
January 16, 2018  |  B2B Payments

The global market woke up Monday (Jan. 15) to news that construction conglomerate Carillion, based in the U.K., went into liquidation, setting off alarms throughout...

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