Thinking of scaling up your business? If so, congratulations: you likely already have a solid customer base and some great products or services. However, taking your business to the next level involves using the help you can get. One powerful tool that can make a difference is embedded finance. Read on to learn how this works and why you need…
In 2025, the trucking industry was dealing with a persistent sense of uncertainty. Entering 2026, that uncertainty hasn’t vanished, but it has begun changing shape. Trade conversations have advanced, the tariff policies didn’t cause inflation to explode, and the Federal Reserve cut interest rates by a quarter point. All these factors have caused the economy to stabilize. What does this…
According to the American Trucking Association (ATA), trucking is the most prolific method of transportation in the country, accounting for 11.46 billion tons of freight per year. Despite that, it still faces efficiency issues in a variety of processes, from logistics to warehousing. One way for the trucking industry to become more productive is to rely more on automation. Automation…
Does your business operate in a high-risk industry? If so, you’re already aware that you’re facing higher chargeback rates, increased regulatory scrutiny, and a greater risk of fraudulent activity. As a result, traditional payment processors are likely to exercise caution serving merchants in these industries, forcing them to seek specialized processing solutions. The Visa Integrity Risk Program (VIRP) plays a…
For a business to achieve sustainable success, every aspect of the organization must be as efficient as possible. You can offer the best products in your industry and know how to advertise them, but unless you back it up with reliable business practices, you’ll struggle to make a dent in the market. This is particularly true if your payment strategy…
One of the main reasons why cash flow is a common issue in the trucking industry is that freight shippers and brokers can take up to 90 days to get paid after hauling a load. In the long run, this can be very inconvenient, since your expenses don’t come to a halt when a driver isn’t paid. Gaining access to…
When it comes to payment processing, it’s very easy to fall into the trap of “good enough.” Since payments are such a critical part of daily operations, many businesses will stick with a provider that doesn’t meet their needs rather than risk disruptions. In the long run, this can erode your bottom line in many ways, from higher processing fees…
Credit card processing fees are a silent profit killer, especially in high-volume industries like trucking. But an increasing number of savvy trucking companies are taking back control by choosing to add a surcharging program. And if you’re using CDK Global’s software, you may already have everything you need to do the same. What Is Surcharging? Surcharging is the practice of…
By 2026, card fraud losses are expected to reach $26 billion worldwide. In recent years, one of the most effective avenues of attack has been a practice called carding, which can wreak havoc on your business quickly and quietly. Carding involves using stolen credit card details to exploit payment systems, usually by purchasing gift cards or attempting small online transactions.…
In today’s fast-paced and competitive market, payment analytics is one of the best ways to get a leg up on your competition. That’s because payment analytics metrics allow you to see your financial performance and customer spending patterns in real time. With this information, it’s much easier to make data-driven decisions that optimize cash flow. Of course, implementing this technology…