How many potential borrowers are lost to cumbersome loan processes and slow disbursements? Today’s consumers expect the speed and convenience they find in other digital services — but traditional loan processes often fall short. According to the latest “Money Mobility Tracker®,” 73% of borrowers are...
Headed into last week’s presidential election, both Donald Trump and Kamala Harris endorsed eliminating taxes on tips. Coming into office in January 2025, Trump, now president-elect, has said that exempting those taxes would be a priority, telling workers in Nevada during the campaign the move...
Enterprises regularly make ad hoc payments to consumers and small- to medium-sized businesses (SMBs). In the last year, the share of accounts payable (AP) comprised of ad hoc payments has grown substantially. This suggests that companies are shifting to business models where they do not...
The flood waters have yet to recede. In Florida, the devastation is not fully accounted for, and the costs are not fully tallied. All of that will take time. However, the fraudsters are already on the case because they seize on any opportunity to find...
November 18, 2024
How many potential borrowers are lost to cumbersome loan processes and slow disbursements? Today’s consumers expect the speed and convenience they find in other digital services — but traditional loan processes often fall short. According to the latest “Money Mobility Tracker®,” 73% of borrowers are willing to pay extra for instant loan access. This willingness […]
October 29, 2024
Enterprises regularly make ad hoc payments to consumers and small- to medium-sized businesses (SMBs). In the last year, the share of accounts payable (AP) comprised of ad hoc payments has...
October 29, 2024
The flood waters have yet to recede. In Florida, the devastation is not fully accounted for, and the costs are not fully tallied. All of that will take time. However,...
September 23, 2024
The travel and hospitality sectors have long been anchored in traditional payment methods, like cash and credit cards. As consumers and employees voice their frustrations with outdated systems, adopting real-time...
November 19, 2024
PayPal will begin letting its disbursement partners use PayPal USD to settle cross-border money transfers. The new service will be offered through PayPal’s Xoom cross-border payments business, according to a Tuesday (Nov. 19) press release. Philippines-based financial services firm Cebuana Lhuillier and Africa’s Yellow Card are the first users. “Cross-border transactions are an important driver […]
October 25, 2024
B4B Payments US will use the capabilities of the Discover Digital Exchange (DDX) to bring additional customizable domain restriction controls to its virtual corporate card offerings and payout solutions. The...
October 15, 2024
Paymentus has introduced a tool to help insurers offer instant digital disbursements. The Paymentus Disbursements Accelerator, announced Tuesday (Oct. 15), has been added to the Guidewire ClaimCenter, and is designed to help insurers...
September 23, 2024
DailyPay will expand its earned wage access (EWA) services to the United Kingdom this fall. The solution, which will mark the company’s first expansion outside the United States, will initially...
