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Paymerang and Harris ERP have partnered to provide advanced invoice and payment automation solutions to local governments.
With this collaboration, Paymerang’s accounts payable (AP) automation tools will be delivered to hundreds of local governments via Harris ERP’s enterprise resource planning (ERP) system, CitySuite, the companies said in a Tuesday (May 7) press release.
“It’s a privilege to...
Insurance platform Oscar Health recorded its first-ever net profit amid record customer enrollment in Affordable Care Act plans.
During an earnings call Tuesday (May 7), CEO Mark Bertolini said that total plan membership was up 42% during the quarter as “Obamacare” enrollment soared.
“The ACA now has more than 21 million people enrolled and is the fastest growing health insurance segment, driven...
Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients.
The new Key Virtual Account Management (KeyVAM) solution is designed for clients who have complex demand deposit account (DDA) structures and provides them with instant access to KeyBank commercial cash management bank accounts, KeyBank said in a Tuesday (May 7) press...
BigCommerce has debuted the business-to-business (B2B) edition of its Open Source Buyer Portal platform.
The new offering gives “enterprise manufacturers, distributors, wholesalers, developers and agency partners creative control to build and customize the optimal B2B buyer experience with speed, at scale and at a lower total cost,” the software-as-a-service (SaaS) company said in a Tuesday (May...
For financially constrained consumers, the pressure to tip is verging on the ridiculous, with many customers even asked to add gratuity at self-checkout.
By the Numbers
The December installment of the “Consumer Inflation Sentiment” series, “Tipping Over: Consumers Reducing Spending and Avoiding Tips,” drew from a PYMNTS Intelligence survey of more than 2,000 U.S. consumers seeking to better...
As consumers feel their budgets come under pressure, people continue to spring for live event tickets, Vivid Seats’ latest earnings results reveal, even as they cut back on retail purchases.
The online ticket resale marketplace reported Tuesday (May 7) that it saw marketplace gross order value (GOV) of more than $1 billion in the first quarter of the year, rising 20% year over year, with revenue...
As the title of PYMNTS Intelligence’s most recent New Reality Check report, “The Paycheck-to-Paycheck Report: Why 60 Percent of Gen Z’s Live Paycheck to Paycheck,” makes clear, it’s tough out there for younger adults.
Fifty-nine percent of Generation Z consumers tell PYMNTS Intelligence they now live paycheck to paycheck. But it’s not only younger consumers who are having a tough time making...
TikTok and its parent company ByteDance filed a lawsuit Tuesday (May 7) asking the court to review the constitutionality of a law that requires ByteDance to sell TikTok’s U.S. business or have it shut down.
“That law — the Protecting Americans From Foreign Adversary Controlled Applications Act (“the Act”) — is unconstitutional,” the companies said in the lawsuit, according to a copy of the suit...
Microsoft has reportedly built a generative AI model designed for U.S. intelligence agencies.
The development marks a milestone in the artificial intelligence (AI) sector, in that officials at Microsoft say it is a large language model (LLM) that can function entirely separated from the internet, Bloomberg News reported Tuesday (May 7).
“This is the first time we’ve ever had an isolated version...
At its investor day Tuesday (May 7), FIS management outlined its continuing strategy to capture share in global money movement — a market worth hundreds of billions of dollars.
CEO Stephanie Ferris said during her initial remarks that the company’s business model is “underpinned by highly recurring revenue, allowing us to drive double-digit total return.” The collective total addressable market...