PYMNTS

DECEMBER 28, 2020

In this week's B2B Data Digest, PYMNTS breaks down the numbers behind the latest cases of fraud, including the growing risks of small business loan fraud, a case of expense fraud, and the ever-persistent Business Email Compromise risk intensified by Brexit uncertainty. . 577,577.63 Department of Justice.

B2B 116

B2B Email Compromise NACHA Small Business 116

PYMNTS

MARCH 4, 2020

Kabbage , which works with business analytics, has launched a new program that promises to help small- to medium-sized businesses (SMBs) calculate and predict cash flow and help them identify cash surpluses and deficits, according to a press release. Kabbage CEO Rob Frohwein said he can relate. “As

Small Business 67

Small Business Ubiquitous Payroll Addressing 67

PYMNTS

NOVEMBER 19, 2018

Small business accounting solutions provider AccountantsWorld is rolling out a new mobile payroll solution designed for employees of small businesses. The EPPR solution is an employee-facing tool that links professionals to payroll and HR information, including past pay stubs and W2 forms.

Payroll 49

Payroll Small Business Accounts B2B 49

PYMNTS

FEBRUARY 13, 2020

We live in an era when it is possible for a small business with a great product to go global almost overnight, thanks to the power of the internet and mobile commerce. Yet, the opportunities for growth have not resolved the age-old problem of tight cash flow that small businesses face. In fact, 61.3

Small Business 60

Small Business Settlement Point-of-Sale (POS) Payroll 60

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Based in France, Memo Bank announced a $22.5 million investment round this week.

B2B 115

B2B Finance Small Business Underwriting 115

PYMNTS

OCTOBER 26, 2018

With only a few million dollars in combined investments, this week certainly wasn’t the most lucrative for B2B FinTech firms, but the variety and global reach of recent SMB FinTech investments offers a bright spot in an otherwise quiet moment for B2B venture capital. Reports did not reveal exactly how much of the $1.1 GreenSlate.

Small Business 77

Small Business Cross-Border Cross-Border Payments FinTech 77

PYMNTS

APRIL 27, 2020

Newtek announced on Monday (April 27) that its lender program, Newtek Small Business Finance (NSBF), has funded $518.2 The company estimated that this has been able to help 66,000 employees of borrowers from Newtek stay on the payroll. The NSBF estimated it has another $24.9 The NSBF estimated it has another $24.9

Small Business 59

Small Business Finance Payroll Origination 59

PYMNTS

DECEMBER 18, 2019

Hourly — a FinTech startup that helps with workers’ comp insurance, time-tracking and payroll for small businesses — has raised $7.15 “Tom, with his sharp business acumen, and Shay, with his strong technology background, have come together to solve this problem in a way that is transforming the industry. ”

Payroll 60

Payroll Small Business Underserved Participant 60

PYMNTS

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

B2B 81

B2B Security FinTech Participant 81

PYMNTS

MARCH 1, 2019

Cash flow management challenges can burden small business owners struggling to pay vendors and employees, but a new report from Kabbage finds that entrepreneurs often go unpaid themselves. Nearly all companies surveyed said they spend up to 20 hours a week on cash flow management, including payroll, invoicing and inventory procurement.

Small Business 58

Small Business Payroll Checks Finance 58

PYMNTS

JUNE 18, 2019

Payroll startup PayFit has announced $79 million in new funding, according to reports Monday (June 17). The France-based company secured the funding from Eurazeo and Bpifrance , which are backing PayFit’s payroll and human resource management technology services designed for multiple European countries’ particular labor laws.

Payroll 46

Payroll Small Business Laws Adjustments 46

PYMNTS

AUGUST 30, 2020

New delays at the United States Postal Service (USPS) have complicated B2B payments further even as they were already disrupted by the pandemic, The Los Angeles Times reported. Reports collected from various sources have mail arriving much later after days of delays, including for such things as medications and paper checks for payroll.

B2B 61

B2B Payroll Push-to-Card Payments 61

PYMNTS

JUNE 4, 2019

Of all of the back-office financial operations of a small business, payroll is one that is evolving perhaps the most dramatically, and quickly. In some respects, it depends on a small business’s ability to adjust its vantage point, and to view payroll more as an opportunity to promote growth.

Payroll 57

Payroll Payment APIs and Integration Small Business Payments 57

PYMNTS

APRIL 19, 2019

The shifting role of small business (SMB) accountants is largely driven by the increase in automated solutions available to business owners today. The payroll function is rarely looked upon as an influence of these changes in the small business accounting sphere. ” Jones explained.

Payroll 61

Payroll Accounts Innovation Small Business 61

PYMNTS

NOVEMBER 13, 2020

With nearly $90 million in new funding landing at B2B FinTechs this week, investors showed off a diverse range of focuses, from procure-to-pay to small business payments. Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows.

B2B 91

B2B Cross-Border Cross-Border Payments Small Business 91

PYMNTS

MARCH 5, 2020

based firm known for HR and payroll software, according to a press release. It follows Access Group’s other recent acquisition of People, another leader in small business HR software. It covers people management, payroll, workforce management, recruitment, talent management and more.

Payroll 56

Payroll Small Business Acquirers Government 56

PYMNTS

DECEMBER 30, 2020

Though 2020 was full of volatility, the B2B FinTech landscape persevered with venture capitalists and other investors for a lucrative year. Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. Deliveristo.

Caps 84

Caps B2B Participant Small Business 84

PYMNTS

NOVEMBER 14, 2019

Payro Finance is launching its payroll financing offering for small and medium-sized business (SMB) owners. 14), Payro, which launched this year, said its payroll funding solution is now available for business owners in need of a solution to finance their payroll needs. In a press release on Thursday (Nov.

Payroll 43

Payroll Finance Small Business NOV 43

PYMNTS

SEPTEMBER 6, 2017

Sweden is looking to become an epicenter for entrepreneurs and hopes to entice small businesses to set up shop, thanks to tax legislation changes in the country. Reports said legislators are also planning to lessen payroll taxes for small businesses. Reports Tuesday (Sept.

Small Business 51

Small Business Payroll Rules Addressing 51

PYMNTS

DECEMBER 13, 2019

Venture capital (VC) is far from the only funding source for B2B FinTechs. Despite a growing array of options, venture capital remains a solid funding source for B2B FinTechs, with this week’s roundup accumulating $104.4 based small business financing company Qwil has announced $24.4 Camino Financial.

B2B 52

B2B Finance Small Business Participant 52

PYMNTS

JANUARY 16, 2019

Small business (SMB) cloud solutions provider Sage is refocusing away from payroll as it divested its U.S. Sage’s payroll outsourcing unit in the U.S. assets for $100.3 million, Reuters reported on Tuesday (Jan. posted a $1.28 million loss last year, reports noted. will acquire the assets.

Payroll 53

Payroll Small Business Audit Accounts 53

PYMNTS

NOVEMBER 2, 2018

Payroll technology firm ADP is strengthening its integration into Intuit ‘s QuickBooks platform, the company said Thursday (Nov. That deal sees employees able to access their wages more quickly, with Ingo providing push payment technology for workers to use their mobile phones to cash checks or load funds to ADP payroll cards.

Payroll 62

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

PYMNTS

APRIL 10, 2019

Bank of America is making changes to its cash-back small business credit card, reports in NerdWallet said this week. The biggest change to the bank’s Business Advantage Cash Rewards Mastercard small business credit card is a lower cap on bonus rewards.

Small Business 46

Small Business Adjustments Credit Cards Caps 46

Stax

APRIL 23, 2024

ACH payments are a convenient way for business owners, individuals, and employers to use intuitive automated banking throughout their daily lives. Most small business owners and employers are turning to ACH payments instead paper check payments because of the ease and instant access the ACH network provides.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

PYMNTS

APRIL 22, 2020

The surge in gig workers and independent contractors has professionals, service providers and regulators engaged in new debates about what it means to be an employee or a small business. The payroll status quo has created cash flow challenges for many employees, particularly the estimated 60 percent of U.S.

Payroll 62

Payroll ACH Same Day ACH Innovation 62

PYMNTS

AUGUST 6, 2020

From the rise of the gig economy and lower barriers to becoming an independent contractor or a solo-preneur, to the accelerated development of real-time payments capabilities all had major implications for payroll. Again, this all occurs with potentially significant effects on how payroll and the human resource team overall operate.

Payroll 60

Payroll Real Time Payments Automation On-Demand 60

PYMNTS

APRIL 10, 2020

He continued, “With our new COVID-19 Paid Leave feature, we’re hoping to alleviate some of that burden for small businesses, and make it really easy for their employees to request time off if they need it while keeping the employers in compliance.”.

Payroll 74

Payroll Small Business Procedures Government 74

PYMNTS

DECEMBER 28, 2018

In B2B payments and corporate finance, it wasn’t only bank-FinTech collaboration that made headlines in 2018. Here are some of the biggest stories of B2B payments collaboration from 2018. Last June, the company announced a partnership with B2B eCommerce platform Handshake to further that initiative.

B2B 73

B2B Innovation FinTech Online and Mobile Banking 73

PYMNTS

JUNE 3, 2020

. “In the same way, that’s started to happen in payroll.” market, he said, corporates have been slow to embrace the cloud, leaving many payroll behemoths stuck in patterns of siloed, manual operations. we’ve had payroll software that is old. ” Particularly in the U.K. It’s creaking.

Payroll 52

Payroll Faster Payments API Payment APIs and Integration 52

PYMNTS

APRIL 17, 2018

Small Business Administration (SBA) are hosting a small business (SMB) hackathon later this month to promote the development of small business solutions. Reports in FedScoop said the event, part of Small Business Week, will offer the winner a $10,000 prize for its solution designed for SMBs.

Small Business 44

Small Business FinTech API Payroll 44

PYMNTS

MARCH 22, 2018

Adriano Espaillat (D-NY) introduced the Accelerated Payments for Small Businesses Act of 2018. The bill is co-sponsored by House Small Business Committee Chairman Steve Chabot (R-OH) and Ranking Member Nydia Velázquez (D-NY).

Small Business 57

Small Business Faster Payments Payments Governance 57

PYMNTS

APRIL 4, 2019

Australian small business cloud accounting firm MYOB is moving closer to an acquisition by private equity firm KKR, but in the meantime, the company is keeping up with market shifts. Amid the new requirements, Australia’s small business accounting technology market continues its own market shifts.

Payroll 51

Payroll Small Business Accounts Compliance 51

PYMNTS

AUGUST 28, 2018

Two small business software providers are integrating their solutions to streamline the process of hiring and managing employees. Together, their solutions will help small businesses manage hiring new talent and the maintenance of those new hires without manual data entry between the two platforms. “But

Small Business 42

Small Business On-Demand Payroll Process 42

PYMNTS

JULY 23, 2018

Xero has announced that Gusto will be the preferred payroll provider for its small business and accountant customers in the U.S. The partnership will allow Xero to deliver full-service payroll in all 50 U.S. By joining forces, we can help more small businesses and accountants find long-term success.”.

Payroll 40

Payroll Small Business Credential Advisors 40

PYMNTS

JULY 3, 2020

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. million in VC funding for the sector, B2B FinTechs may be showing signs of a mid-year lull.

B2B 64

B2B FinTech Participant Payroll 64

PYMNTS

DECEMBER 20, 2019

Payroll and insurance are two areas in which technology startups have brought disruption to the fold, but challenges in these markets are rarely tackled simultaneously. Each month, businesses must report payroll data to workers’ comp insurance carriers in order to accurately calculate premiums and make insurance payments.

Payroll 52

Payroll Audit On-Demand Legal 52

PYMNTS

AUGUST 14, 2020

million in combined funding, B2B FinTechs remain resilient in today’s current market. Investments ranged across geographies and industries, but the biggest highlights landed on trade financing and early wage access innovators, as startups bolster their value by supporting small businesses’ and employees’ financial recovery.

B2B 65

B2B Finance Cross-Border Participant 65