Accuity Study Reveals Failed Payments Cost the Global Economy $118.5 Billion in 2020
CHICAGO, IL — The cost of failed payments is estimated to have cost the global economy $118.5 billion in fees, labor and lost business in 2020 according to the latest study from Accuity, a LexisNexis Risk Solutions company. The total cost of failed payments regionally was $41.1 billion in EMEA, …