PYMNTS

MAY 26, 2020

The seasonally adjusted number of new houses sold last month totaled 623,000, down from 664,000 in April 2019. Housing was showing signs of momentum before the pandemic and is poised to lead the economic recovery as virus mitigation efforts take hold and more states take gradual steps to reopen.”. As home sales fell, so did prices.

Mitigation 95

Mitigation Adjustments Economy On-Demand 95

EBizCharge

JANUARY 31, 2025

Thankfully, you can implement these six solutions to mitigate and address cash flow concerns: Encourage prompt customer payments: Encouraging prompt payments can boost cash inflows. Adjusting business operations to match the season can also prevent cash flow challenges. When invoices remain unpaid, your cash inflows slow down.

Mitigation 52

Mitigation On-Demand Payments Finance 52

PYMNTS

MAY 27, 2020

The ATM has emerged as one of CUs’ most important tools in this member engagement effort, in fact, with many investing in digitally-enabled ATM kiosks that provide members with on-demand videoconference consultations and a full range of digital banking services. For more on these and other CU news items, download this month’s Tracker.

ATM 97

ATM Innovation Credit Union Mobile Banking 97

Nanonets

DECEMBER 13, 2023

1: Increased Accuracy and Reduced Errors AI in insurance claims processing plays a pivotal role in enhancing accuracy and reducing errors by automating various tasks and mitigating the risks associated with manual processes. They estimate that this represents an industry-wide efficiency loss of up to $160 billion over the next five years.

AI 102

AI Process Fraud Detection Compliance 102

Seon

MARCH 20, 2024

Digital footprint monitoring plays a crucial role in identifying and mitigating such schemes, enabling a proactive approach to fraud prevention. The rise in fraud, including the growth of phishing attacks and synthetic identity fraud , demands more than what conventional fraud prevention techniques can offer.

Fraud Prevention 98

Fraud Prevention Assessments Phishing Mitigation 98

PYMNTS

DECEMBER 30, 2020

The banking industry is hardly exempt from the disruption as social distancing and stay-at-home orders have all but emptied physical bank branches to mitigate potential contagion. In-branch operations will also likely need to be adjusted to account for the new post-pandemic paradigm. . How 2020 Impacted Digital-First Banking.

Online and Mobile Banking 96

Online and Mobile Banking Void Mobile Banking On-Demand 96

PYMNTS

APRIL 1, 2020

The biggest drop in demand the company has seen is with the airlines. For a large proportion of businesses, however, Brown says it’s a time to mitigate the issues that are arising out of this “unprecedented event that’s happening.”. Fluidity also exists around the duration of lockdowns. if London is not on lockdown anymore).

On-Demand 70

On-Demand Mitigation Adjustments Returns 70

The Finance Weekly

DECEMBER 9, 2021

Scenario planning is a method of strategic financial planning that enables finance leaders to mitigate risk and prepare for volatility. Equipped with these powerful insights, the c-suite can better mitigate risks and prepare for change through informed decision-making. 3 Types of Scenario Planning. Execute scenario analysis.

Risk Management 130

Risk Management Risk Finance Mitigation 130

PYMNTS

OCTOBER 28, 2020

For example, in the United States, the demand on the internet infrastructure surged by 25 percent as large parts of the population practiced social distancing. Traditional retailers scrambled to adjust to a digital-only world. There is no queuing in lines when digital demand accelerates, only system outages and customer outrage.

Technology 73

Technology Economy On-Demand Real Time Payments 73

Trade Credit & Liquidity Management

MAY 1, 2025

Shifting Payment Terms and Increased Demand for Trade Credit As tariffs raise input costs and squeeze margins, buyers may request longer payment terms (e.g., Shifting Payment Terms and Increased Demand for Trade Credit As tariffs raise input costs and squeeze margins, buyers may request longer payment terms (e.g.,

Risk Mitigation 52

Risk Mitigation UCC Mitigation Credit Risk 52

EBizCharge

NOVEMBER 21, 2024

Businesses can also mitigate delays by implementing a practical timeline to process payments. Mitigate delays with a payment processing timelineUnderstanding the payment processing timeline is crucial for merchants to effectively manage cash flow and generate more revenue.

Procedures 52

Procedures Mitigation Payments Wire Transfer 52

PYMNTS

DECEMBER 29, 2020

We see a lot of accounts payable teams getting the same level of demand for digital or electronic payment methods from their suppliers because suppliers are in the same situation. One of the biggest challenges today is mitigating the threat of fraud while B2B payment workflows operate remotely. But it can be a lot simpler.”.

B2B 82

B2B Real Time Payments Payments Instant Payments 82

PYMNTS

NOVEMBER 19, 2020

There is a balance that must be struck between an agile procure-to-pay process and ensuring proper risk mitigation tactics. Not only do buyers want to mitigate their supply chain risks, but they're also looking to support the economy at-large by working with small- to medium-sized businesses (SMBs). Solving Friction on Both Sides.

Small Business 60

Small Business Mitigation Risk Mitigation Adjustments 60

PYMNTS

MAY 11, 2020

There is a whole host of tactics that subscription retailers should make to adjust to the immediate reality of a COVID-19 world. It will be really interesting to see how the market moves to meet those demands.”. Consumers are treating spending very differently today than they were even eight weeks ago.

Consumer 91

Consumer On-Demand Gateways Mitigation 91

PYMNTS

APRIL 16, 2020

However, Tipalti Co-founder and CEO Chen Amit said he’s noticed more businesses taking the leap into accounts payable (AP) automation to mitigate the friction that comes with a remote workforce and cash flow pressures. Adjustments to corporate roadmaps will be an inevitability for many firms, Tipalti included. A Long-Lasting Impact.

Finance 75

Finance Automation Lockbox Checks 75

PYMNTS

JULY 22, 2020

As real-time payment infrastructure grows more sophisticated, technology presents an opportunity for organizations to mitigate the adoption hurdle. When it comes to changes to payment processes, it’s not the technology that’s holding entities back, it’s the friction of adjusting to new ways of working.

Real Time Payments 90

Real Time Payments FedNow Payments Faster Payments 90

The Finance Weekly

OCTOBER 13, 2021

Many corporate leaders are now wrestling with how to keep up with demand as the US economy recovers faster than anticipated. Fitness organizations, for example, that used to offer physical equipment now sell monthly memberships to online lessons that users can watch on-demand from the comfort of their own homes.

Risk Management 130

Risk Management Risk Automation Close Processes 130

Clearly Payments

JANUARY 4, 2024

Understanding Cryptocurrency Cryptocurrencies are digital or virtual currencies that use cryptography for security and operate on a decentralized network of computers. Popular cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).

Cryptocurrency 105

Cryptocurrency Stablecoins Digital Currency Cross-Border Payments 105

PYMNTS

JULY 15, 2020

Gary Cantrell , deputy IG, Department of Health and Human Services’ Office of Investigations (OI), told CBS, “One of our most important missions is to mitigate that vulnerability as quickly as possible. And that means communicating with those individuals who oversee the systems.” They should. Medical Records = Dark Web Gold.

Data Breach 58

Data Breach CCPA Breach Social Security 58

PYMNTS

APRIL 22, 2019

Those challenges include the costs of investing in and deploying faster payment systems, understanding and meeting the demand for these technologies, and navigating a shifting operational model of payments. remains in its early days of faster and real-time payments adoption, so neither of these two schools of thought have been proven correct.

Faster Payments 63

Faster Payments Center for Payments Real Time Payments Payments 63

PYMNTS

MAY 6, 2020

As the first round of deposits for fall semesters fast approaches, how will the higher education system adjust its pricing strategies, maintain affordability for struggling families and promote its own cash flow viability (that is sure to be disrupted by changing billing structures and lower enrollment rates)?

Enrollments 64

Enrollments Cost Structure Adjustments Returns 64

PYMNTS

MAY 6, 2020

As the first round of deposits for fall semesters fast approaches, how will the higher education system adjust its pricing strategies, maintain affordability for struggling families and promote its own cash flow viability (that is sure to be disrupted by changing billing structures and lower enrollment rates)?

Enrollments 63

Enrollments Cost Structure Adjustments Returns 63

PYMNTS

FEBRUARY 20, 2020

It is difficult to accurately forecast how much inventory is necessary to meet demand without purchasing too much, which could waste both money and food. market, attributed the shortage to a vast underestimation of demand. “We Cloud-based systems can help restaurants mitigate these issues and avoid the wrath of hungry customers.

On-Demand 52

On-Demand Mitigation Automation Adjustments 52

PYMNTS

NOVEMBER 16, 2020

Ongoing trade wars and rising costs of doing business in certain markets have manufacturers and other businesses adjusting where they operate and with whom. Traditionally, a means of mitigating this challenge is for a business to open a local bank account in each jurisdiction in which it operates. Today, that's not always possible.

Cross-Border 56

Cross-Border FinTech Small Business Cross-Border Payments 56

PYMNTS

JUNE 25, 2019

’s exit from the European Union as a top supply chain concern — more than cyberattacks, natural disasters, supplier failures and demand surpassing capacity. Brexit , trade wars and other geopolitical events that are disrupting supply chains are leading to a heightened focus on risk mitigation and cost reduction, too. “U.K.

Disputes 49

Disputes Risk Mitigation Mitigation Risk 49

PYMNTS

SEPTEMBER 29, 2017

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.

Treasury 56

Treasury Addressing Treasury Management FinTech 56

Trade Credit & Liquidity Management

APRIL 2, 2025

For example, restaurants are particularly vulnerable due to factors like high labor costs, declining consumer demand, and operational inefficiencies. Re-negotiate Payment Terms: Adjust payment terms (e.g., Re-negotiate Payment Terms: Adjust payment terms (e.g., loans, wages, vendor payments).

Payments 52

Payments Risk Checks Addressing 52

Fintech News

JANUARY 21, 2025

It also automates portfolio management, adjusting investments based on market trends and user preferences, all while removing emotional biases from decision-making. Source: MAS However, the implementation of CBDCs requires careful planning to mitigate challenges such as cybersecurity risks and implications for monetary policy.

Stablecoins 109

Stablecoins FinTech Embedded Finance Financial Inclusion 109

PYMNTS

APRIL 16, 2019

Corporate buyers will want to stretch out their payment terms and adjust vendor contracts accordingly. Mitigating Risk. Suppliers won’t want to accept cards because of interchange fees and implementation costs. One of the newest on the market is HUBX , which launched less than a year ago with a focus on vendor empowerment. ”

B2B 73

B2B Risk Due Diligence Addressing 73

PYMNTS

MARCH 2, 2020

The rise of the gig economy, heightened customer demands, and business globalization have all introduced new ways that businesses can use outgoing payments as a strategy for growth, profit and customer loyalty. Different Scenarios, Same Demands. Think of a gig worker of a food delivery service.

B2C 60

B2C Payments Push-to-Card On-Demand 60

PYMNTS

MAY 25, 2020

In a black swan event such as the pandemic, ensuring business continues to flow not only means mitigating volatility of today. For many businesses along the global supply chain, it may also mean introducing changes that will affect how trade is done well into the future, too. Redefining Risk Strategies.

Adjustments 57

Adjustments B2B Product On-Demand 57

Nanonets

APRIL 24, 2024

Correct or adjust accounting records accordingly. Adjustment Recording :  Adjustments in the accounting system are made to reconcile accounts, such as accounting for bank fees, interest earned, or rectifying errors.

Payment Reconciliation 52

Payment Reconciliation Reconciliation Payments Audit 52

PYMNTS

JANUARY 23, 2020

Indeed, it makes good business sense to address customers’ payment demands by enabling them to pay the way they desire. “We have seen over the last couple years a major upswing in ransomware events affecting our insurance claims, and the vast majority are demanding payment in some sort of cryptocurrency.” ” .

Ransomware 58

Ransomware Cryptocurrency Small Business Risk 58

Trade Credit & Liquidity Management

APRIL 30, 2025

Five factors can help mitigate the risks associated with cyclicality: Size and Diversification: Larger, more diversified companies are better equipped to weather slow periods. Firms that can limit increases in accounts receivable and adjust inventory and payables in response to declining sales will fare better during slow periods.

Adjustments 52

Adjustments Cost Structure Assessments Shutdown 52

Stax

APRIL 18, 2024

TL;DR ISVs develop and distribute software products independently and often collaborate with hardware manufacturers and platform providers. SaaS companies deliver software applications over the internet on a subscription basis, simplifying access and management for users. What are SaaS companies? Some may use cloud platforms for online solutions.

ISVS 88

ISVS Payment APIs and Integration End User On-Demand 88

Clearly Payments

FEBRUARY 12, 2024

By capitalizing on consumer demand for faster, more secure, and cost-effective payment options, companies strive to carve out a niche in the market and reduce the reliance on traditional card networks. Regulatory changes necessitate adjustments to their compliance frameworks and operational practices.

Visa 105

Visa Payments Payment Networks Online and Mobile Banking 105

PYMNTS

MAY 8, 2020

And the challenges — particularly the security challenges — existed both for the digitally native firms that suddenly found their services in-demand and rapidly scaling, as well as the Main Street SMBs that were forced to make the great digital leap forward. Building A Bridge To Recovery.

Economy 74

Economy Security Fraud Prevention Shutdown 74