The American job market remains strong, as reflected in the latest figures published by the U.S. Labor Department. Initial unemployment claims have recently dropped to their lowest level since February, plunging 13,000 to a mere 216,000—a telling indicator that...
In August, business bankruptcy skyrocketed, with companies flocking to court in a desperate plea for protection from their creditors. Bloomberg reported (Sept. 5) that this surge can be attributed to a deadly combination of climbing interest rates and overwhelming...
The manufacturing industry is rapidly embracing the power of real-time payments as a critical component of operations. Recent studies reveal that 61% of manufacturers now recognize this technology as a vital element for making and receiving payments. Particularly...
As the prices of goods and services skyrocket, it has become increasingly difficult for Main Street businesses to remain afloat. With megaretailers such as Walmart and grocery chains like Kroger able to absorb their vendor costs without inflating consumer prices,...
Do slower payment options really help consumers avoid fees? As consumer demand for faster payments continues to surge, instant disbursement has surged in popularity. The FedNow initiative has further solidified this trend, highlighting the potential of real-time...