Fintech Labs Insights

OCTOBER 1, 2024

In addition, Expensify (founded in 2008), went public in Nov 2021 and was worth nearly $5 billion before falling to its sub-$200 million value now. The intelligent way to create and pay bills, send invoices, manage expenses, control budgets, and access the credit your business needs to grow—all on one platform.

Small Business 29

Small Business Credit Cards Acquirers Processors 29

PYMNTS

NOVEMBER 5, 2019

-based NatWest has introduced Apple Pay to its 1 million small and medium-sized enterprise (SME) business banking customers, giving them more options to make payments on the go, LearnerBonds reported on Tuesday (Nov. Instead, a unique device account number is assigned, encrypted and securely stored.

Small Business 40

Small Business Online and Mobile Banking Credit Cards Encryption 40

Fintech Labs Insights

NOVEMBER 10, 2023

Centered around deposit and debit/charge card services Predominantly focused on consumers Primarily digitally delivered (rules out Wells Fargo, BofA, and the majority of traditional banks*) Founded since 1999 Do you run a small business :?Looking Looking for small business resources?

NOV 15

NOV Consumer Online and Mobile Banking Small Business 15

PYMNTS

NOVEMBER 25, 2020

Plus, Zact introduces its expense management solution, Monit adds new small business Banking-as-a-Service features and Plaid teams up with Jack Henry. Adobe is extending the parameters for its Real-time Customer Data Platform (CDP) offering to include B2B data and workflows, the company announced in a Tuesday (Nov.

B2B 91

B2B Finance NOV Payments 91

PYMNTS

NOVEMBER 21, 2016

based small business accounting firm, has listed on the nation’s AIM stock exchange, the LSE ‘s market for smaller firms. Friday (Nov. Equity-crowdfunded FreeAgent, a U.K.-based FreeAgent broke ground with the listing but, according to reports, missed the mark on valuation.

Accounts 77

Accounts NOV Issuers Verification 77

Fintech Labs Insights

NOVEMBER 22, 2021

But we still haven’t seen a breakout small business bank. The digital small biz lenders are grabbing share, Kabbage, Square, Paypal, Amazon, Brex, etc. But there is not yet a place where small businesses flock to get deposit, payment, and financing needs met in a single interface. cash-holding account).

Small Business 15

Small Business NOV PayPal Credit Cards 15

Fintech Labs Insights

NOVEMBER 22, 2021

But we still haven’t seen a breakout small business bank. The digital small biz lenders are grabbing share, Kabbage, Square, Paypal, Amazon, Brex, etc. But there is not yet a place where small businesses flock to get deposit, payment, and financing needs met in a single interface. cash-holding account).

Small Business 15

Small Business NOV PayPal Credit Cards 15

PYMNTS

NOVEMBER 18, 2020

Global payments startup Veem is launching a new business-to-business (B2B) tool to simplify and automate domestic payments, the company announced in a Wednesday (Nov. even people who don’t have a Veem account. . 18) press release. The platform also allows for real-time tracking and transparency from receipt to deposit.

B2B 109

B2B Payments Funds Transfer Small Business 109

PYMNTS

NOVEMBER 4, 2019

Singapore bank OCBC is accelerating the bank account opening process for startups through a collaboration with Experian. An announcement on Monday (Nov. 4) said Experian’s API will allow startups to open a business bank account with OCBC immediately following incorporation.

API 40

API Accounts NOV Finance 40

PYMNTS

NOVEMBER 8, 2018

PayPal is broadening its small business financing offering into the German market, a press release announced on Wednesday (Nov. “With PayPal Businesskredit, we can now offer our large base of small and medium-sized businesses in Germany a quick and easy funding solution and means to grow their businesses.”

PayPal 77

PayPal Small Business Finance NOV 77

PYMNTS

NOVEMBER 5, 2018

The proposals come from the Association of Accounting Technicians (AAT), and the trio of measures would, as reported by Building , change the nation’s Prompt Payment Code. Calls for reform are being accepted until Nov. In terms of individual company impact, a boost in Tesla ’s accounts receivable has gained the notice of analysts.

Accounts 51

Accounts Payer Payments Small Business 51

Fintech Labs Insights

JUNE 27, 2023

Business Insider At least 7 out of 10 small businesses (SMB) lack basic business insurance coverage in one or more critical areas. NEW : Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses?

Small Business 15

Small Business Online and Mobile Banking Acquirers Processors 15

PYMNTS

NOVEMBER 17, 2017

Reckon , an Australia-based small business (SMB) accounting company, has reportedly sold off key assets to industry peer MYOB. According to news from The Australian Financial Review on Thursday (Nov. The takeover would see MYOB acquiring Reckon’s Accounting Practice Software unit as well as Reckon Elite and Reckon Docs.

Acquirers 40

Acquirers Accounts NOV Small Business 40

Fintech Labs Insights

NOVEMBER 4, 2021

The company says it has facilitated more than $12B in loans over its life ($10B was PPP lending) to more than 300,000 businesses (213,000 were PPP loans) (source: company website 4 Nov 2021). And they maintain the enviable #1 slot on Google for “small business loan marketplace.” Accounts receivable financing (factoring).

Small Business 15

Small Business Credit Cards Facilitators NOV 15

PYMNTS

NOVEMBER 13, 2019

New Zealand’s cloud-based accounting firm Xero is overhauling payments to integrate with TransferWise , Stripe and GoCardless , Xero said in a press release Wednesday (Nov. The integration will make it easier and faster for small businesses in the U.K. businesses manage money with real-time data.

Transactions 46

Transactions Small Business Payments Debit Card 46

PYMNTS

NOVEMBER 4, 2020

Thursday’s (Nov. This key metric tracks the total number of user accounts that placed at least one confirmed order through Alibaba's China retail marketplaces in the last 12 months. But more active consumers also means more people exposed to Alibaba's cloud and entertainment businesses, key areas of future growth.”.

NOV 75

NOV Consumer Small Business Governance 75

PYMNTS

NOVEMBER 19, 2020

Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B payments tool and Billtrust embraces machine learning. 18) press release.

B2B 65

B2B Visa Commercial Card NOV 65

PYMNTS

NOVEMBER 2, 2018

Payroll technology firm ADP is strengthening its integration into Intuit ‘s QuickBooks platform, the company said Thursday (Nov. In another statement, Intuit’s Global Partnership and Platform Lead Kyle Jenke said the deepened integration with ADP aims to provide more time for accountants.

Payroll 62

Payroll Cross-Border Push-to-Card Small Business 62

PYMNTS

NOVEMBER 19, 2020

Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B payments tool and Billtrust embraces machine learning. 18) press release.

B2B 52

B2B Visa Commercial Card NOV 52

PYMNTS

NOVEMBER 26, 2020

KashFlow by IRIS Software Group will work with Yapily , an enterprise connection platform, to help enable real-time insights into cash flow and allow a frictionless end-to-end bookkeeping service, according to a Wednesday (Nov. He said there was potential to expand banking capabilities for things like accounts payable or accounts receivable.

B2B 73

B2B Payment APIs and Integration NOV Small Business 73

PYMNTS

NOVEMBER 21, 2018

A new survey of small business owners suggests that small businesses are struggling to find the right targets for their technology investments. Research from Capterra published on Tuesday (Nov. The Internet of Things is another area of technological innovation in which small firms are skeptical of its value.

Small Business 51

Small Business CRM AI NOV 51

PYMNTS

NOVEMBER 16, 2018

Mastercard and Australia-based small business accounting platform MYOB are collaborating to streamline vendor payments and payroll. In a press release on Thursday (Nov. The companies are enabling same-day payments , mobile and web support, and alerts notifying business owners when an invoice is due.

Visa 54

Visa Debit Card Payroll Online and Mobile Banking 54

Fintech Labs Insights

DECEMBER 16, 2020

The latest batch debuted Nov 19 and included 21 new companies. Integrates data from all major accounting software providers of your small business customers. Maps business processes without human interviews. And one of the biggest sources is the Plug and Play accelerator. You can watch the entire 2.5 OpenLegacy.

NOV 15

NOV FinTech Data Breach Automation 15

Fintech Labs Insights

DECEMBER 16, 2020

The latest batch debuted Nov 19 and included 21 new companies. Integrates data from all major accounting software providers of your small business customers. Maps business processes without human interviews. And one of the biggest sources is the Plug and Play accelerator. You can watch the entire 2.5 OpenLegacy.

NOV 15

NOV FinTech Data Breach Automation 15

PYMNTS

NOVEMBER 12, 2020

The financial institution is harnessing Biz2Credit’s Biz2X Platform as part of the HSBC Fusion program to accelerate the approval of credit applications for SMBs throughout the nation, according to a Thursday (Nov. HSBC Fusion is meant to help with account management, conserving time and funds, according to the announcement.

Underwriting 56

Underwriting Procedures NOV Rules 56

PYMNTS

NOVEMBER 11, 2019

lender HSBC made progress in the launch of its digital banking platform for small businesses, Kinetic, which is now operating in beta phase, Reuters reported on Monday (Nov. The bank expects a full launch of Kinetic in the first half of next year, when it is expected to integrate with HSBC’s banking infrastructure.

Small Business 42

Small Business Returns NOV Accounts 42

PYMNTS

NOVEMBER 20, 2018

Banking technology provider Cashplus is introducing a new application program interface (API) designed to allow small and medium-sized businesses (SMBs) to make mass payments to their vendors simultaneously. A press release Monday (Nov. 19) said Cashplus, based in the U.K.,

API 43

API Payment APIs and Integration Small Business Payments 43

Fintech Labs Insights

NOVEMBER 12, 2015

Here are the deals by size from 7 Nov to 12 Nov, 2015: NCR. Lending marketplace targeting Hispanic-owned small businesses. —– Image: West Islip Business Machines. The post Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12 appeared first on Finovate. million this week.

NOV 29

NOV Online and Mobile Banking FinTech ATM 29

PYMNTS

NOVEMBER 11, 2020

Park Place Payments , which provides payment processing to companies, and Atlanta-based NOW® Corp unveiled a collaboration that is meant to change how small and medium-sized businesses (SMBs) take payments, according to a Wednesday (Nov. 11) announcement.

Payments 86

Payments NOV Credit Cards Small Business 86

PYMNTS

NOVEMBER 3, 2020

Commercial banking platforms, small businesses, corporations and government entities alike can access the service, the release stated. Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. 2) announcement.

Credit Risk 88

Credit Risk B2B Risk ISO 20022 88

Fintech Labs Insights

DECEMBER 3, 2020

Potential to bundle Breach Clarity services into a premium subscription-based account. Awarded Best of Show at FinovateWest (24 Nov 2020) and VentureTech (Sep 2020). Fintech Events: The 14 Remaining Conferences in 2020 (Nov/Dec). HoneyComb Credit Helps Crowdfund Loans for Small Businesses (Fintech Startup of the Week).

NOV 15

NOV Breach Data Breach FinTech 15

PYMNTS

NOVEMBER 12, 2020

Plus, GE shutters its staff audit program, and Park Place Payments partners up for small business B2B payments. Newegg Chooses Behalf For Flexible Business Financing. The need for small and mid-sized businesses to get paid faster has never been greater," NOW® Corp CEO and President Lara Hodgson said in the announcement.

Cash Management 67

Cash Management B2B Audit Cross-Border Payments 67

Open Banking

OCTOBER 19, 2023

Over 1 in 9 (11%) British consumers are active users of open banking, and 17% of small businesses. Financial decision-making, payments and borrowing account for 75% of all propositions. Small businesses continue to lead the way in open banking adoption, with a record high of 17% active users. A record 9.7m

Small Business 52

Small Business Regulations Volume Consumer 52

PYMNTS

AUGUST 7, 2020

Department of Justice (DOJ) charged 14 people in two separate investigations into their alleged participation in schemes to defraud the Paycheck Protection Program (PPP) of more than $28 million in forgivable loans guaranteed by the Small Business Administration. In Florida, nine defendants have been charged in the U.S

Money Laundering 110

Money Laundering Wires Wire Participant 110

PYMNTS

DECEMBER 1, 2019

On Thursday (Nov. 28), CakeHR announced on its company blog that Sage is acquiring the firm to integrate its HR offerings into Sage’s broader enterprise resource planning (ERP) and small business software tools. Joining the ranks of Sage has brought us closer to that goal than ever before.”

Continuity 56

Continuity Payment APIs and Integration Payment Gateways Small Business 56

PYMNTS

JUNE 8, 2018

Clarity , a startup that offers small businesses (SMBs) a way to manage their data , announced plans for a token sale before its official launch. “Small businesses power the global economy, but so many fail to reach their full potential because they don’t have clarity.”

Small Business 59

Small Business NOV Finance Verification 59

Fintech Labs Insights

NOVEMBER 30, 2015

Here are the deals by size from Nov 21 through Nov 27: . Alt-lender for small businesses. The post Fintech Fundings: 12 Companies Raised $150 Million Week Ending Nov 29 appeared first on Finovate. Tags: Consumer, savings accounts, certificates of deposit, banking. Digital bank. Total raised: $128 million.

NOV 21

NOV FinTech Underwriting Bitcoin 21