PYMNTS-MonitorEdge-May-2024

payouts

Consumers Receive Over $34,000 in Disbursements Per Year
Consumers Receive Over $34,000 in Disbursements Per Year
November 21, 2023  |  Disbursements

Consumers are getting fewer disbursements this year, PYMNTS Intelligence data shows. However, that may be due to consolidation, not because they are getting less. Consumer...

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95% of Payouts to Bank Accounts Don’t Happen in Real Time
95% of Payouts to Bank Accounts Don’t Happen in Real Time
October 13, 2023  |  Real-Time Payments

The rise of open banking is evolving banks as we know it. Instead of traditional banks keeping consumer financial data solely within their closed systems,...

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Gift Cards Become Instant Payout Option for Global Consumers
Gift Cards Become Instant Payout Option for Global Consumers
November 22, 2022  |  Digital Payments

As the need for faster, cheaper and efficient payouts increase, there is a huge demand from corporations needing to transfer value to end users and...

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Thousands Complain to BBB About Slow Payments From Sports-Betting Apps
Thousands Complain to BBB About Slow Payments From Sports-Betting Apps
November 13, 2022  |  Faster Payments

Consumers have filed roughly 2,400 complaints against the three largest U.S. sports betting operators in the last three years, citing delays or glitches in withdrawing...

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Cards-as-a-Service Tackle MENA’s Market Fragmentation
Cards-as-a-Service Tackle MENA’s Market Fragmentation
August 04, 2021  |  B2B Payments

For any FinTech product, having a solution that can address as much friction for as many users as possible is key to scale. Yet when...

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Fiserv: What It Will Take For Business To Finally Get Rid Of The Paper Check
Fiserv: What It Will Take For Business To Finally Get Rid Of The Paper Check
August 13, 2020  |  Payments Innovation

U.S. consumers don’t exactly love the paper check — roughly 38 percent report that they’ve stopped using them entirely, and that shoots up to almost...

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Deep Dive: Adapting Worker Payments To The On-Demand Era
Deep Dive: Adapting Worker Payments To The On-Demand Era
August 03, 2020  |  Faster Payments

Some accounts say Roman soldiers were periodically paid for their labors in salt, and while compensation methods have evolved considerably since then, the concept of...

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Topcoder On Minding The Financial Security Of Technology Contractors
Topcoder On Minding The Financial Security Of Technology Contractors
July 31, 2020  |  Faster Payments

Businesses are ramping up their digital capabilities during COVID-19 and are turning to gig marketplaces for sourcing talent. But all too often these technology professionals...

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