The popularity of digital payments has skyrocketed in 2022, and the increase in AI processes has been a substantial contributing factor to this growth. Digital payments penetration has increased to 89% in 2022, and consumers who use two or more... (Read More)
Payments fraud continues to run rampant across the country with nearly half of organizations experiencing some type of fraud in the last 24 months and 52% of those companies having annual revenue of over $10 billion, according to a report from... (Read More)
AP automation is a huge topic for B2B business owners as B2B payments increase to $120 trillion per year, according to this article from PMYNTS. One study found that 25% of B2B payments still rely on paper checks, which causes several issues for all... (Read More)
B2B fraud is prevalent in modern-day society, especially as we continue to evolve and adapt to the latest technology trends. Hackers and fraudsters continue to look for more creative ways to infiltrate companies like email schemes to steal valuable... (Read More)
No matter the size of your business, a strong payment processing strategy is essential for longevity and strong employee/customer relationships. Many small businesses fail because they're unable to meet their monthly revenue goals due to a lack of... (Read More)
Despite a focus on your average consumers, businesses need quick payment methods that immediately solve their needs. This puts pressure on financial institutions to customize what they offer as they grow their clientele, according to a recent survey... (Read More)
The B2B payments market is expanding rapidly and is projected to reach $1.9 trillion by 2028, according to research reported by PYMNTS. At this rate, there are almost guaranteed roadblocks along the way and many business owners are looking for quick... (Read More)
Payment automation is the process of using integrated solutions to make payment processing quicker and easier to manage. A good example is software that allows businesses to make ACH, virtual cards and wire transfers. Since this is new technology... (Read More)
A virtual card holds your banking information on your mobile device and is used for contactless payments in-store and online. When a customer uses a virtual card, it has its own unique card number, expiration date and CVC. This is to protect the... (Read More)
Payment processing is always changing, especially for small- to medium-sized business owners. In the digital age, business owners must learn how to adapt to the B2B space or risk falling behind in sales quotas. I encourage all business owners to... (Read More)