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The AP/AR Quick-Start Guide

Small Businesses Willing to Pay Premium to Eliminate AP/AR Hassles

AP/AR headaches are so painful that two-thirds of SMBs interested in single platform for payables and receivables would be willing to pay up to 1% per transaction just for relief, according to a PYMNTS survey of 500 SMBs and 100 payments executives.

One-Click Shoppable Videos

Revo Video’s Mission to Make Every Video Shoppable With Just One Click

What do you get when you mash up embedded payments, influencers, video content, brands and products to sell with TV network distribution? Revo Video, PaySafe Founder and former CEO Joel Leonoff’s latest effort to bring one-click commerce to a TV screen near you. First stop: airports.

Installment Credit

Merchants Give Installment Loans Fresh Look as Consumers Seek New Payment Options

Merchants must go well beyond the confines of accepting a broad range of credit cards at the point of sale to close the deal this holiday season, says Ed O’Donnell, CEO of Versatile Credit, pointing to such things as competitive installment loans that are tailored to the consumer and product.

Banking as a Service

Banking-as-a-Service Helps Speed FinTechs Time to Market

Meghan Ryan, CFO of Treasury Prime, tells PYMNTS that banking-as-a-service (BaaS) can help FinTechs shorten their time to market — and help banks pivot toward new digital channels and more cost-effective customer acquisition.

NeoBanks

Goldman’s Marcus Raises Rates — and Bar for Neobanks

Goldman Sachs’ digital banking unit, Marcus, has thrown down the gauntlet, hiking APYs on its high-yield savings account. The ripple effect across peers such as Ally and SoFi to attract and retain consumers with higher rates will only get more intense.

Data Brief: Prime Day 2022

Prime Day 2022 Shoppers Bought More Electronics Than Groceries

Amazon Prime Day 2022 saw slightly more grocery purchases with the eCommerce giant, but its sweet spot continues to be higher-ticket electronics – and the exact opposite of what Walmart+ Weekend shoppers did.

EU Banks

Government Unfazed as Multisector ‘Windfall Tax’ Draws Ire of Spanish Banks

European governments are turning to one-off ‘windfall’ taxes to help fund measures designed to protect citizens from rising prices. And while levies on energy companies’ profits have proven popular, the decision to target the banking sector in Spain has drawn the ire of key industry players.

PayPal Honey Sweetens the Pot for Shoppers, Merchants as Holidays Approach

From a deal-finding browser to super app plans, PayPal Honey is positioning now for the forthcoming holiday selling season by making deals discoverable and rewards plentiful, as Chris Hammer, VP and GM of Global Shopping at PayPal, tells PYMNTS’ Karen Webster.

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