late payments

Constrafor Raises $264 Million for Construction Finance Platform
Constrafor Raises $264 Million for Construction Finance Platform
November 27, 2024  |  B2B Payments

Construction industry software firm Constrafor has raised $264 million in a Series A round. The funding round, announced Wednesday (Nov. 27), will help the company...

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Paymentus Teams With Altera as Outdated Processes Plague Health Sector
Paymentus Teams With Altera as Outdated Processes Plague Health Sector
September 26, 2024  |  Healthcare

Electronic billing company Paymentus has launched a partnership with Altera Digital Health. The new agreement adds Paymentus’ electronic bill presentment and payments platform to Altera’s...

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Instant Payroll Could Cut Costly Employee Turnover
Instant Payroll Could Cut Costly Employee Turnover
September 24, 2024  |  Money Mobility

Workers are growing increasingly frustrated with the slow pace of traditional payroll and outdated biweekly pay periods, especially in today’s economic climate, where many live...

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Small Businesses Will Benefit From Restrictions on Late Payments, UK Government Says
Small Businesses Will Benefit From Restrictions on Late Payments, UK Government Says
September 20, 2024  |  SMBs

The U.K. government aims to crack down on late payments, saying it will propose new laws and step up the enforcement of existing ones to...

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Consumer Delinquency Rates Decline as Inflation Slows
Consumer Delinquency Rates Decline as Inflation Slows
September 13, 2024  |  Loans

More consumers are making their loan payments on time, aided by slower inflation and other trends. Late payments on loans have leveled off after increasing...

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$3 Billion HealthTech Merger Aims to Cure Late Payments
$3 Billion HealthTech Merger Aims to Cure Late Payments
September 05, 2024  |  Healthcare

New Mountain Capital is reportedly combining three HealthTech firms in a $3 billion deal. The merger is designed to employ artificial intelligence (AI) to help...

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Can Virtual Cards Overcome Their ‘Achilles Heel’ of Supplier Acceptance?
Can Virtual Cards Overcome Their ‘Achilles Heel’ of Supplier Acceptance?
June 11, 2024  |  B2B Payments

Virtual cards promise a revolution in B2B payments, offering efficiency and certainty in transactions, yet their adoption remains stymied by a critical bottleneck: suppliers’ reluctance...

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Study Finds Small Business Healthcare Providers Receive 25% of Payments Late
Study Finds Small Business Healthcare Providers Receive 25% of Payments Late
May 09, 2024  |  SMBs

Increasingly, small- to mid-sized businesses (SMBs) operating in the healthcare field are using real-time payment technology to improve cash flow efficiency. Thirty-eight percent of the healthcare SMBs PYMNTS Intelligence...

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Digital Payments Help Construction Firms Overcome Manual Misery
Digital Payments Help Construction Firms Overcome Manual Misery
May 09, 2024  |  Digital Payments

The construction industry is a critical one, but it has a giant problem: late payments. In a sector where cash flow couldn’t be more important to firms’ survival, slow and...

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