Consumer demand for instant disbursements is at a crossroads. More people like the idea of getting that refund or insurance claim deposited directly onto cards or into accounts, but even when offered the option, many have data privacy fears or fee concerns holding them back....
With paper check fraud reportedly doubling in 2022, the need for digital disbursement options has never been more urgent — or more desired by consumers, many of whom in key demographic groups like Gen Z have never even possessed a paper checkbook. Because of their historic ubiquity,...
The insurance claims check doesn’t have to be in the mail anymore — and it can’t be for SMBs waiting for funds after a disaster, says Azuraye Wycoff, executive manager of small-scale moving company Small Haul. In the Digitizing B2B Payments Tracker, Wycoff discusses why...
The idea that money should be able to move instantly between sender and recipient has long been gaining ground in P2P payments, the gig economy, the insurance industry and more. But interest in the concept has virtually exploded over the past several months thanks to...
March 28, 2023
With paper check fraud reportedly doubling in 2022, the need for digital disbursement options has never been more urgent — or more desired by consumers, many of whom in key demographic groups like Gen Z have never even possessed a paper checkbook. Because of their historic ubiquity, however, checks continue to be a default for many companies […]
July 06, 2020
The idea that money should be able to move instantly between sender and recipient has long been gaining ground in P2P payments, the gig economy, the insurance industry and more....
March 02, 2018
Push payments. Instant payments. Real-time payments. Every endeavor has its vocabulary, and the payments arena is no different. Although industry observers and participants use the above terms interchangeably, there are...
April 08, 2020
Those looking for a loan outside of the government’s Paycheck Protection Program (PPP) won’t find it from JPMorgan Chase, which has decided to focus solely on that program due to a huge amount of requests over the past few days, according to the Financial Times. The bank, which is the largest in the U.S., said […]
January 10, 2020
The Egyptian government is investigating the possibility of a feasible transition to a limited, new cash payment system that would replace the ration cards on which tens of millions of...
February 22, 2018
ProPay, a unit of payment solutions provider TSYS, announced Tuesday (Feb. 20) that it had expanded its global disbursement funds and commission platform to include UnionPay cardholders residing in mainland...
