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Six in 10 UK Small Businesses Say Late Payments Are Preventing Them From Reaching Their Full Potential

Fintech Finance

Nearly a third (32%) feel they have little to no control over how to manage late payments. The perceived lack of control varies based on the payer. 50% of respondents believe they have little or no control over late payments from big business customers, compared to 30% from small business customers and 26% from consumer payers.

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GoCardless Report Highlights the Domino Effect of Late Payments and Calls for Change

The Fintech Times

Around 32 per cent feel they have little to no control over how to manage late payments. This perceived lack of control appears to vary based on the payer. Over half (53 per cent) of respondents say they would charge late fees in the future to alleviate late payment issues.

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JPMorgan Rolls Out Same-Day Deposits

PYMNTS

Internationally, JPMorgan introduced its E-Customs Payment Solution , which fully digitizes and automates cross-border payments of goods. The bank is also progressing further into the world of healthcare payments with its recent acquisition of InstaMed, which addresses payments issues for consumers, providers and payers.

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JPMC Q2 Earnings Expected To Reflect Expanding Digital Innovations

PYMNTS

Internationally, JPMorgan introduced its E-Customs Payment Solution , which fully digitizes and automates cross-border payments of goods — the first foreign bank in China to do so.

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Deep Dive: Giving Healthcare Payments A Real-Time Upgrade

PYMNTS

healthcare market saw a rise in high-deductible plans following the 2010 passage of the Affordable Care Act (ACA), shifting a greater share of out-of-pocket payments, such as deductibles and co-pays, onto patients. They could also eliminate one of healthcare payments’ most common ailments: matching transactions to patient data. .

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Today In Payments: Uber To Buy Postmates; Amazon Plans To Expand Grocery Stores Across US

PYMNTS

Audit: Wirecard Payments, Issuing Businesses Have Been Bleeding Cash for Years. It Takes a Village to Build an Instant-Payments Ecosystem. The COVID-19 pandemic and the move to digital commerce it has spawned is giving fresh impetus to the idea that payments must move from payer to payee in real time.

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Troubleshooting Venmo Payment Declines and Issues

Payment Savvy

To resolve this issue, the account holder simply needs to ensure that there are sufficient funds in the Venmo balance (or linked bank account) before attempting the transaction again. Tech Issues Weak or unstable internet connectivity can frequently result in a declined Venmo transaction.

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