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Business Insider Intelligence   This is a preview of the Accounts Payable Automation research report from Business Insider Intelligence. Purchase this report. Business Insider Intelligence offers even more consumer coverage with Payments & Commerce Pro. Subscribe today to receive industry-changing payments and commerce news and analysis to your inbox. The $22 trillion business-to-business (B2B) US payments market is facing a paradox. High invoice volume (a business can see anywhere from hundreds to tens of thousands of invoices per month) and small departments that still use largely analog process are driving a desire to digitize: Enterprises using digital payables platforms can see 81% lower processing costs and 73% faster processing cycle times, per Kofax. But accounts payable is a complex process, and entrenched habits and limited resources have stymied digitization and kept companies set in their ways. See the rest of the story at Business Insider See Also: DIGIT

Reuters President Donald Trump spent New Year's Eve at his Mar-a-Lago resort in Palm Beach, Florida. There he spoke to the press about impeachment, the situation at the US Embassy in Baghdad, and North Korea. His embattled personal lawyer Rudy Giuliani was in attendance for the festivities. Here are photos from the soiree. Visit Business Insider's homepage for more stories . The Trumps arrived at Mar-a-Lago for the festivities REUTERS/Tom Brenner US President Donald Trump told reporters he would be happy to have a trial in the US Senate following his impeachment by the Democratic-led House of Representatives, but that he did not really care. "I don't really care. It doesn't matter. As far as I'm concerned I'd be very happy with a trial because we did nothing wrong," the Republican president told reporters at his Mar-a-Lago club in Florida, reiterating that he considered his impeachment a hoax. President Trump and First Lady Melania Trump

BI Intelligence This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. In the US, the in-store mobile wallet space is becoming increasingly crowded. Most customers have an option provided by their smartphone vendor, like Apple, Android, or Samsung Pay. But those are often supplemented by a myriad of options from other players, ranging from tech firms like PayPal, to banks and card issuers, to major retailers and restaurants. With that proliferation of options, one would expect to see a surge in adoption. But that’s not the case — though Business Insider Intelligence projects that US in-store mobile payments volume will quintuple in the next five years, usage is consistently lagging below expectations, with estimates for 2019 falling far below what we expected just two years ago.  See the rest of the story at Business Insider See Also: A former Roya

This is a preview of The Stories Report from Business Insider Intelligence. 14-Day Risk Free Trial: Get full access to this and all Digital Media industry research reports. Stories are on track to become the main format for social media consumption, providing brands with a massive and vital opportunity to reach consumers.  Facebook CEO Mark Zuckerberg claims the format will supplant News Feed use as soon as mid-2019, a much quicker pace than the social network anticipated. Combined, Stories features on Facebook-owned platforms command a whopping 1.5 billion daily active users (DAU), though some may be double-counted. Snapchat's audience is significantly smaller, though still sizable at 190 million DAU as of Q1 2019. Stories-centric features have also emerged on several other platforms, including YouTube, Google search results, and even LinkedIn. See the rest of the story at Business Insider See Also: SOCIAL VIDEO REPORT: Social media video marketing trends for Youtube, Face

This is a preview of NAME OF REPORT research report from Business Insider Intelligence. 14-Day Risk Free Trial: Get full access to this and all Connectivity and Tech industry research reports. The next generation of wireless is here, and several countries are locked in a fierce battle for the top spot in global 5G development. Telecoms in 18 countries will roll out 5G networks by the end of this year, and by 2020 over one-fifth of the world's countries will have launched 5G services. Business Insider Intelligence Securing global 5G leadership is a national priority for many countries because the winner is expected to secure more than a decade of competitive advantages. The spread of 5G is pivotal for the connected world — its technical upgrades will supercharge adoption of transformative technologies and strengthen the value of old ones. See the rest of the story at Business Insider See Also: A former Royal Caribbean worker reveals the one question you should always

Reuters Drugmakers including Pfizer Inc, GlaxoSmithKline PLC, and Sanofi SA are planning to hike US list prices on more than 200 drugs in the United States on Wednesday, according to drugmakers and data analyzed by healthcare research firm 3 Axis Advisors. Nearly all of the price increases will be below 10%, and around half of them are in the range of 4 to 6%, said 3 Axis co-founder Eric Pachman. The median price increase is around 5%, he said. More price increases are expected to be announced later this week, which could affect the median and range. Soaring US prescription drug prices are expected to again be a central issue in the presidential election. President Donald Trump, who made bringing them down a core pledge of his 2016 campaign, is running for re-election in 2020. GlaxoSmithKline said it will raise prices on more than 30 drugs. The company will raise prices on the blockbuster respiratory treatments it delivers through its Ellipta inhaler, its recently acquired cancer

In the last few years, there’s been a major shift as to how consumers interact with social media. Rather than posting content that lives on the platform in perpetuity, users are now posting and viewing more “Stories,” video or images that live for only 24 hours. Business Insider Intelligence Many platforms have introduced some form of Stories format — whether it be Facebook, Instagram, Snapchat or WhatsApp. Snapchat was the company to introduce it to the world, but Instagram has surpassed it in terms of volume and perhaps usability. See the rest of the story at Business Insider See Also: We revisited our 2019 commerce predictions to see how they fared at the year's conclusion Digital health leaders share their views on what's to come in 2020 Verizon wants to become the first carrier to use its 5G network to connect 1 million drone flights from Feedburner https://ift.tt/2NlY7wl via IFTTT