Amazon launches SMB storefronts, UnionPay launches in the U.K., Why certainty rules in payments | | PYMNTS B2B Payments Study |
NEW DATA: An Inside Look At The B2B Payments Satisfaction And Usage Disconnect Fourth best doesn't win a trophy, except when it comes to B2B payments, where paper checks come in fourth place for payment choice by companies. Yet, they're still the big winner â over 60 percent of companies say they're still using them. It's no wonder businesses realize they need to invest in B2B innovations. In a new study, PYMNTS interviewed 350 cash managers across 16 industries and gathered more than 630 data points for an insiderâs perspective on the disconnect between B2B payments usage and satisfaction. |
Florenceâs Aftermath: Have Insurance Claims Payments Evolved Since Hurricanes Harvey And Irma? Just a year after two monstrous hurricanes â Harvey and Irma â decimated Texas and Florida, Florence wreaks havoc across the Carolinas. Has the insurance claims payment process made progress since last yearâs storms? Ingo Money CEO Drew Edwards and Karen Webster caught up as Florence made landfall to discuss why insurance payments are complicated and why progress will come from the bottom up. |
Anatomy Of A Bank Heist, SWIFT-ly Done By Phishers In 2016, $81 million disappeared from Bangladeshâs central bank. It could have been a lot worse â hackers tried to get away with $1 billion. U.S. court filings this month, though, may have revealed whodunit â and how. The cyberattack made off with the bucks via bits and bytes, using SWIFT to issue fraudulent instructions. |
| Payments Innovation | Why Certainty Rules Payments What can a tiny merchant that upholsters furniture teach innovators about payments? A lot about the value of certainty, says Karen Webster, who uses her experience in paying this merchant as Exhibit A in how certainty drives payment decisions for businesses large and small. For those who understand that, a new way of thinking about igniting innovation that delivers it. | | |
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