Businesses are able to deliver funds to buyers, sellers, employees and suppliers quicker than ever before with the rise of faster payment systems. Almost three quarters of treasurers say they are using same-day payments or another immediate payment option. At the same time, mobile payment...
Several nations and financial institutions have launched their own efforts to improve the speed of payments, including the U.S., the U.K., Australia and the European Union. These systems are able to deliver payments to millions of users and collect and transmit data in the process....
The early bird may get the worm, but for the 15 million early tax filers in the U.S., weeks may go by until they see their refunds. Jim Koger, H&R Block’s VP of corporate operations, tells Karen Webster how enabling immediate refund advances on prepaid...
The rise of new technology has dramatically altered the traditional nature of payments, allowing gig workers and full-time workers faster access to their earnings while enabling businesses and banks to move funds more quickly across international borders. And as this technology has become more commonplace...