Remove Business Payments Remove Reconciliation Remove Small Business
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Jack Henry and Moov to Simplify Digital Payments for Small Businesses

Fintech Finance

Jack Henry (Nasdaq: JKHY) has announced a collaboration with Moov , a modern digital payments processor, to enable community and regional financial institutions to offer enhanced digital payment services to small and medium-sized business (SMB) customers. million small businesses in the U.S., of all U.S.

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Small Business Banking Targeted In Open Banking Initiatives

PYMNTS

Small businesses have landed at the center of B2B FinTechs’ and financial service providers’ latest collaborative efforts. Banking technology company Agora Services recently announced its plans to white-label its offerings for smaller financial institutions (FIs) with a focus on small business and teen banking solutions.

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Jack Henry Forges Payments Collaboration with Moov

Finovate

Jack Henry is teaming up with payments platform Moov to offer enhanced payment services to SMEs. The services will include the ability to accept payments with the tap of a phone, automate reconciliations to accounting software systems, and more. The companies will begin beta testing the new payment services by mid-2025.

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How ACH Business Payments Pave The Way For US Open Banking

PYMNTS

In B2B payments, corporates’ continued use of paper checks confounds FinTech firms working to give businesses more affordable, faster and more efficient payment options. Yet, for many business payers, the reason for using checks can be quite straightforward: It’s simply the way payments have always been made.

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Small biz has conquered digital payments. It's processing that needs work.

Payments Source

While there are automated reconciliation and straight-through processing (STP) solutions for large businesses, small businesses, in particular, continue to be underserved due to their smaller and less frequent invoices, contends Blair Jeffery, COO of Noventis.

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Finding Salve For Business Payments Pain — From Expense To AP

PYMNTS

Staff spend too much time and effort on managing payments, expense claims, reimbursements, approvals, accounting and internal front- and back-end processing,” he said, adding that a “lack of control” is also a major pain point, with managers often lacking real-time, streamlined visibility into who is spending company money, how and with whom.

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Xero, Stripe Team On Small Biz Payments

PYMNTS

Small business platform Xero has announced a partnership with Stripe to work on small business payments innovations. The companies will develop new tools that aim to help small businesses get paid faster in various ways while also gaining more visibility over their business performance.