The Data Point

84% of Healthcare Organizations Report Financial Losses Due to Outdated AR Processes
84% of Healthcare Organizations Report Financial Losses Due to Outdated AR Processes
September 26, 2024  |  Healthcare

In an era where convenience is king, the healthcare sector remains shackled by outdated payment processes that jeopardize its financial stability. Despite the promise of...

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36% of Gen Z Pick FinTechs Over Banks for Online Payments
36% of Gen Z Pick FinTechs Over Banks for Online Payments
September 25, 2024  |  Banking

As digital solutions become more widely adopted, traditional financial institutions (FIs) face an escalating challenge from agile FinTech competitors. Younger consumers gravitate toward personalized financial...

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69% of Consumers Prioritize Fraud Protection When Picking a Bank
69% of Consumers Prioritize Fraud Protection When Picking a Bank
September 24, 2024  |  Security & Fraud

Banks and financial institutions (FIs) face challenges in balancing the convenience of digital banking with the need for robust security measures. Economic impacts from fraud...

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77% of Shoppers Say ‘No Sale, Bye’ If Preferred Payment Option Missing
77% of Shoppers Say ‘No Sale, Bye’ If Preferred Payment Option Missing
September 20, 2024  |  Payments Innovation

In today’s fast-paced eCommerce landscape, platforms like marketplaces and aggregators are vital for merchants looking to expand their reach. However, they face challenges in offering...

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53% of Healthcare Organizations Have Automated Payment Workflows
53% of Healthcare Organizations Have Automated Payment Workflows
September 19, 2024  |  Healthcare

The healthcare industry faces significant challenges with outdated payment and claims systems, which undermine financial stability and patient satisfaction. Despite the potential benefits of digital...

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66% of US Consumers Prefer Self-Service Kiosks Over Staffed Checkouts
66% of US Consumers Prefer Self-Service Kiosks Over Staffed Checkouts
September 18, 2024  |  Unattended Retail

In today’s retail environment, unattended payment technologies are revolutionizing the way transactions are processed. Once considered a convenience, these systems are now integral to enhancing...

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84% of Bank Account-to-Account Users Satisfied With Platforms’ Speed and Use
84% of Bank Account-to-Account Users Satisfied With Platforms’ Speed and Use
September 17, 2024  |  Banking

As open banking begins to reshape the financial landscape, the promise of enhanced consumer experiences and innovative services looms large. But a PYMNTS Intelligence report,...

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57% of Americans Trust Financial Institutions to Protect Their Data
57% of Americans Trust Financial Institutions to Protect Their Data
September 12, 2024  |  Banking

Open banking, which allows third-party providers to access banking data through secure application programming interfaces (APIs), has gained momentum globally as a means to enhance...

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75% of Automakers Plan to Integrate GenAI Into Vehicles This Year
75% of Automakers Plan to Integrate GenAI Into Vehicles This Year
September 05, 2024  |  artificial intelligence

Generative AI is revolutionizing the automotive industry, pushing the boundaries of vehicle design, manufacturing and customer experience. The technology, which harnesses advanced algorithms to create...

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