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The latest global news and analysis in payments, retail, fintech, financial services and the digital economy.
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News
Visa Direct Targets Cross-Border Trade???s SMB Payment Gap
2+ day, 4+ hour ago (1021+ words) SMBs can now reach customers, suppliers and workers globally without having the treasury staff that larger companies use to manage cross-border payments. Legacy cross-border rails can leave smaller businesses waiting days for payments while dealing with limited traceability, intermediary fees…...
Cash App Pilots No-Fee Business Tools for Sole Proprietors
2+ day, 7+ hour ago (319+ words) Cash App is piloting a new experience that helps eligible sole proprietors accept peer-to-peer payments and manage their earnings in their personal Cash App account, the company said in a Thursday (Sept. 10) press release. This experience does not require a…...
CFOs Keep Payment Complexity From Eating Into Margins
2+ day, 21+ hour ago (319+ words) Middle market CFOs are getting themselves stuck by doing what they think is the right thing. And that “right thing” is typically still treating finance modernization as a technology upgrade. Traditional ERPs are very good at producing a financial record....
45% of SMBs Want to Reduce Cash Use
2+ day, 21+ hour ago (139+ words) Small businesses that rely heavily on cash could offer banks a receptive audience for business credit cards, provided those cards solve everyday problems with costs and cash flow. That’s the opportunity identified in “Ready for Change: Why Nearly Half of…...
B2B Software???s Next Competitive Moat Is Permission, Not UX
3+ day, 8+ hour ago (815+ words) The consumerization of B2B is shifting from better interfaces to delegated execution. The new benchmark is not fewer clicks, but whether employees can state an objective and let software complete the workflow. B2B’s advantage is that enterprises already encode authority. Budgets,…...
62% of Businesses Make ERP Integration the Top AP Test
3+ day, 21+ hour ago (206+ words) For accounts payable software buyers, the quality of the connections now carries more weight than the size of the price tag. That shift runs through “Who Decides Now,” the July edition of the Business Payments Tracker from PYMNTS Intelligence and…...
Study Finds Bad Billing Experiences Delay $330 Billion in Consumer Payments Each Year
4+ day, 21+ hour ago (305+ words) Paying a bill may never rank among life’s great pleasures. Still, it shouldn’t feel like a test of patience every month. “The Service Commerce Performance Gap” is a PYMNTS Intelligence report produced in collaboration with Paymentus. The report examines service…...
FDIC Deposit Rule Gives Banks More Room for Business Cash
1+ week, 1+ day ago (358+ words) The FDIC has substantially raised the amount of reciprocal deposits that qualifying banks can hold under the statutory exception from brokered-deposit treatment. The change gives qualifying banks more capacity to accept reciprocal deposits, including deposits associated with businesses holding balances…...
Duplicate Invoices Expose the Weakest Link in Supply Chains
10+ mon, 4+ week ago (302+ words) Double invoicing corrodes liquidity and vendor trust, but advanced automation can flag duplicates before payment. Modern systems embed AI/ML agents that detect anomalous invoices and streamline matching beyond rigid rule-based checks. The First Brands case allegations underscore how invoice…...
24/7 Money Means Treasury Needs to Figure Out Its Weekend Plans
1+ week, 1+ day ago (640+ words) 24/7 money turns treasury policy into an always-on control system. CFOs need rules for liquidity, approvals, fraud and exceptions that keep working when nobody is at a desk. The real opportunity is not faster payments, but less idle cash. Continuous visibility…...