This is one reason real-time and frequently updated payment data is becoming increasingly valuable. Technology Is Making Payment Information Easier to UseThe growing importance of payment data is closely connected to improvements in financial technology. Alternative Data Is Expanding the Credit PictureReal-time payment information is also part of a broader movement toward using alternative data in financial decision-making. Newer systems can potentially incorporate additional indicators such as transaction patterns, invoice activity, cash-flow information, payment behavior, and other operational signals. Real-time and frequently updated payment data can provide businesses with a closer view of how customers are actually managing their obligations.