Новости за 23.07.2024

Traditionally, the back office has been populated by the number crunchers: the men and women who used to be characterized by expertise in accounts payable (AP) and accounts receivable (AR) via Excel spreadsheets and probably a lot of coffee. But that’s not the case anymore. “The important thing to remember with AP and AR is […]

It’s easy to generate buzz — harder to generate results. As PYMNTS continues to interview key executives about the first year of the FedNow® Service, it’s apparent that the Federal Reserve’s instant payments network has done both, and its customers are grateful. Eric Foust, vice president of banking partnerships for North America at open banking […]

The payments landscape is a global one, meaning winning innovations have boundless room to scale. It also means that geographical positioning can help with strategically driving forward various innovations. “The Middle East has always been a very unique trade corridor, placed right in the middle of the world, which facilitates transactions across the West and […]

In an era defined by rapid technological evolution, each generation brings its own distinct approach to digital engagement. This insight emerges from the PYMNTS Intelligence report, “How The World Does Digital,” which dives deep into global generational habits, offering critical guidance for businesses shaping their digital strategies. Generation Z, born between the mid-1990s and early […]

Seven months after launching an artificial intelligence (AI)-focused restructuring program, SAP said Monday (July 22) that it has raised its 2025 operating profit ambition to reflect the efficiency gains it expects to see from that program. “We continued to execute on our transformation program with great discipline with rehiring only for the skill sets we […]

The House of Representatives passed a bill on Monday (July 22) that is designed to combat the use of financial technology for illicit finance. The Financial Technology Protection Act of 2023 (H.R. 2969), sponsored by Rep. Zach Nunn, R-Iowa, establishes the Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing under the Department […]

Two members of the House Homeland Security Committee have asked CrowdStrike CEO George Kurtz to appear before the committee and give public testimony about the faulty software update that affected organizations around the world on Friday (July 19). In a letter dated Monday (July 22), Rep. Mark E. Green, R-Tenn., who is chairman of the […]

Global business travel spending is expected to reach a record high in 2024, exceeding the current record that was set in the pre-pandemic year of 2019. The Global Business Travel Association (GBTA) said it expects global business travel spending to increase 11.1% in 2024, reaching $1.48 trillion by the end of the year and surpassing the […]

The CrowdStrike-Windows outage story continued to play out in airports, online and in stores Monday (July 22) with the focus now turning to the security of what used to be routine software updates. Both Microsoft and CrowdStrike, as well as other companies that were victimized by the outage, issued updates during the day Monday as […]

Better business-to-business (B2B) payments need to reduce costs, enable scalability, and support data-driven decision-making. Traditionally, the manual processes supporting the accounts payable (AP) and accounts receivable (AR) function have tied up back-office operations with labor-intensive, error-prone and time-consuming workflows. These incumbent processes often involve repetitive tasks such as data entry, invoice processing, and payment reconciliation, […]

The Federal Trade Commission (FTC) said Monday (July 22) that a federal court halted the operations and froze the assets of the operators of USA Student Debt Relief (USASDR). The FTC asked the court to issue the order, alleging that the operators pretended to be affiliated with the Department of Education and its loan servicers and made false promises […]

The economic landscape has been particularly turbulent over the past year, and its effects on the behaviors of different kinds of households are becoming increasingly evident. PYMNTS Intelligence’s new study “The Last Transaction: Family Spending Habits Reveal Merchant Opportunities in Retail and Travel” sheds light on how inflation is reshaping the spending habits of families, […]

Qatar Islamic Bank (QIB) has added a “request payment” feature to its instant payment service. The new feature, announced Monday (July 22), lets customers request a payment from a registered user on its Fawran — Arabic for “instantly” — service through the bank’s mobile app. “As part of QIB’s efforts to align with Qatar’s Third Financial Sector Strategy, the […]