data brief

Payments Disconnect: 80% of Billers Offer in-Person or Mail Payments While Consumers Prefer Digital
Payments Disconnect: 80% of Billers Offer in-Person or Mail Payments While Consumers Prefer Digital
August 31, 2023  |  Payment Methods

In today’s digital age, consumers have varied payment preferences when it comes to paying their bills and are increasingly looking for convenient and efficient ways...

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Nearly 60% of Real Estate Firms Say Legacy Back Office Stalls Real-Time Payments Adoption
Nearly 60% of Real Estate Firms Say Legacy Back Office Stalls Real-Time Payments Adoption
August 30, 2023  |  Real Estate

Real estate firms realize that adopting faster payment methods can help forge stronger vendor-supplier partnerships, which play a critical role in shaping the industry’s business-to-business...

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Manufacturers See Real-Time Payments Replacing Checks
Manufacturers See Real-Time Payments Replacing Checks
August 24, 2023  |  Real-Time Payments

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...

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Main Street Hospitality SMBs Most Optimistic About the Economy
Main Street Hospitality SMBs Most Optimistic About the Economy
August 23, 2023  |  SMBs

Across the United States, ongoing fears that the economy may still be running too hot remain elevated, with most Main Street small- to medium-sized businesses...

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Nearly 60% of Consumers View Mobile Phones and Laptops as Equally Secure for Payments
Nearly 60% of Consumers View Mobile Phones and Laptops as Equally Secure for Payments
August 22, 2023  |  Digital Banking

Despite the growing perception that smartphones provide more security online, most banking consumers said they think smartphones and computers are equally secure for several select...

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Consumers See Restaurants Getting Stingier With Discounts Amid Inflation 
Consumers See Restaurants Getting Stingier With Discounts Amid Inflation 
August 18, 2023  |  Restaurant Roundup

As food inflation puts pressure on restaurant margins, consumers have noticed restaurants scaling down their deals and promotions.   By the Numbers  Of more than 1,800...

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62% of FIs Grapple With a Rise in Fraudulent Transactions
62% of FIs Grapple With a Rise in Fraudulent Transactions
August 18, 2023  |  Security & Fraud

As more transactions move online, banks are girding for, and doing battle against, a rising tide of fraud. As noted in the report “The State...

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Small Insurers Lag in Adopting Real-Time Payments, but Plan a 2024 Catch Up
Small Insurers Lag in Adopting Real-Time Payments, but Plan a 2024 Catch Up
August 17, 2023  |  Real-Time Payments

Insurance companies are embracing real-time payments when collecting customer premiums or receiving payments from other businesses. Even though 80% of firms use real-time payments, they...

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Most Bridge Millennials Would Pay via Bank Transfer If Offered Rewards 
Most Bridge Millennials Would Pay via Bank Transfer If Offered Rewards 
August 17, 2023  |  Digital Payments

The majority of bridge millennials would pay for retail purchases via bank transfer if they could earn rewards for doing so, PYMNTS research reveals, but...

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