PYMNTS

DECEMBER 12, 2019

Online brokerage startup Robinhood has introduced a cash management service that will give customers 1.8 Silicon Valley’s Robinhood is known for making free stock trading accessible, and has spent the last year figuring out the best way to offer cash management services.

Accounts 54

Accounts Cash Management Debit Card FDIC 54

PYMNTS

OCTOBER 19, 2017

According to Seed’s survey, less than a third of SMBs said their bank offers financial insights, and only about a quarter said banks offer them business management advice. Seed’s integrated solutions include the Visa Business Debit card, free mobile bill pay, mobile deposits and electronic supplier payments via ACH or paper check.

Small Business 46

Small Business Cash Management Online and Mobile Banking Mobile Deposit 46

PYMNTS

FEBRUARY 7, 2020

Late last year , Robinhood began offering a cash management service. We’ll still have existing revenue streams, and, in addition, we’ll add revenue from interchange on debit card transactions. Robinhood declined to comment about the imminent UK expansion.

Debit Card 60

Debit Card FDIC Cash Management Cryptocurrency 60

The Paypers

DECEMBER 8, 2017

(The Paypers) WSFS Financial Corporation has entered into a two-year partnership to provide payment processing and debit card sponsorship services for a new cash management account by SoFi Securities.

Cash Management 28

Cash Management Accounts Agreements Debit Card 28

PYMNTS

AUGUST 3, 2017

But cards are a rarity in B2B payments, and even rarer in accounts payable (AP) compared with other segments of the space like corporate travel. According to MineralTree CEO BC Krishna, there are a lot of benefits to using cards that some companies, both buyers and suppliers, may not be realizing — especially in the middle market.

Cash Management 43

Cash Management Commercial Card Push-to-Card B2B 43

PYMNTS

NOVEMBER 28, 2019

And last month, the company relaunched a checking feature called Cash Management after it was previously shelved due to regulatory issues. percent APY on any money in the account — and they will be able to spend it with a distinctive Mastercard debit card. “If The feature will enable customers to earn 2.05

Office of the Comptroller of the Currency 75

Office of the Comptroller of the Currency Debit Card Participant Cash Management 75

PYMNTS

OCTOBER 8, 2019

Stock trading app Robinhood , which offers no-fee trading, is re-launching a checking feature called Cash Management after it was previously shelved due to regulatory issues. percent APY on any money in the account – and they will be able to spend it with a distinctive Mastercard debit card. As reported on Tuesday (Oct.

Checks 49

Checks API Debit Card FDIC 49

PYMNTS

MAY 3, 2019

Funds are paid directly to workers’ debit cards. For these workers, one of the perks of the job is to receive their tips instantly at the end of a shift, and often in cash. Deep Dive: Lessons in Online International Education. Educators are finding opportunities to tap into the gig economy to earn a side hustle.

Cross-Border 65

Cross-Border Debit Card Direct Deposit Instant Payments 65

PYMNTS

MAY 27, 2020

Users can decide to open an individual or joint cash management account with Samsung Money by SoFi. The virtual card will immediately display in Samsung Pay at the time of approval. When customers receive their physical debit cards, they can open Samsung Pay and tap to activate the card.

Debit Card 52

Debit Card ATM Cash Management Authentication 52

PYMNTS

MARCH 6, 2018

Also, companies are increasing primary cash management relationships, and accounts receivable (AR) departments are still seeing commercial credit and debit card payments. Only 13 percent said they decreased the number of cash management solution providers with which they were working.

Risk 40

Risk NACHA Cash Management Debit Card 40

Fintech News

MAY 23, 2024

Corporate Banking offers financial products and services to corporations, government agencies, and financial institutions, including corporate loans, trade financing, deposit services, wealth management, financial consulting, cash management, remittance, settlement, custody, and guarantee services. #6

Online and Mobile Banking 131

Online and Mobile Banking Treasury Non-Bank Credit Cards 131

Stax

SEPTEMBER 24, 2024

In this article, we’ll look at what a cash discount program is and how to set it up properly. TL;DR A cash discount program is when a business offers its customers incentives to pay using cash for a product or service instead of a credit or debit card. Learn More What is a Cash Discounting Program?

Credit Cards 88

Credit Cards Electronic Fund Transfer Act (EFTA) Push-to-Card Debit Card 88

PYMNTS

APRIL 23, 2020

In one example from earlier this year, SoFi said that it had teamed up with payments giant Mastercard, bringing the SoFi Money debit card to the FinTech’s roughly one million customers (used over Mastercard’s network) to link with Money Cash management accounts (with peer-to-peer (P2P) and check deposit functionality).

Online and Mobile Banking 100

Online and Mobile Banking Checks Debit Card Community Banks 100

Stax

APRIL 11, 2024

You may also hear the term Cash Management System (CMS) in your research. A cash management system focuses on the big-picture health of your cash flow, while a payment management system handles the processing of individual transactions.

Payments 88

Payments PCI DSS Compliance Processors 88

PYMNTS

APRIL 9, 2018

Uber Drivers’ New Debit Option. Uber last week officially announced the launch of its Uber Visa debit card from GoBank – a product designed exclusively for drivers and delivery partners. They have the know-how and infrastructure to help businesses with their cash management – and they are well-established.

CHIPS 56

CHIPS Push-to-Card Debit Card Cash Management 56

PYMNTS

MAY 4, 2020

Around the same time, Robinhood introduced a cash management service in the form of an investment upgrade that let users earn 1.8 By partnering with a bank, users can access the service, which has debit cards and is backed by the Federal Deposit Insurance Corporation (FDIC).

FDIC 52

FDIC Debit Card Cash Management FinTech 52

PYMNTS

SEPTEMBER 4, 2019

This means, according to a release, that Rapyd’s clients will be able to accept payments from the TNG e-wallet users, even if those customers opt not to use a credit or debit card while transacting online. Cash invested on the platform, said the company, stands at $2.7 Open Banking Partnerships – Focus On Romania.

Payment APIs and Integration 53

Payment APIs and Integration Rules FinTech API 53

PYMNTS

MAY 29, 2020

But, said McCarthy, the right bank has to show up with more than a debit card or a slick digital interface. “I I mean, a debit card is a debit card. I don’t think that is enough of a real challenge,” he said. “I

Debit Card 58

Debit Card Payments Push-to-Card On-Demand 58

PYMNTS

JANUARY 17, 2017

Reports said the startup will look to integrate with other FinServ players to add new features to its platform in the areas of FX, cross-border payments, cash management and elsewhere. Reports said the company aims to release its solution in April.

Security 43

Security Cross-Border Payments IBAN Cross-Border 43

PYMNTS

MAY 6, 2019

Employees have no issues when tips are paid in cash, but when patrons choose to pay their bills with credit or debit cards, managers must often run to ATMs at the end of the night so servers can leave with the funds they’re owed. . Cash’s Double-Edged Sword .

Debit Card 40

Debit Card Point-of-Sale (POS) ATM Direct Deposit 40

PYMNTS

NOVEMBER 7, 2017

. “There’s an element of control with prepaid over what funding can be placed on the card,” he explained in a recent interview. “If you have a credit card, you’re giving an employee balances of maybe $1,000 or even more. That’s why the debit cards are so popular,” the CEO noted.

Debit Card 44

Debit Card Small Business Online and Mobile Banking Checks 44

PYMNTS

APRIL 5, 2019

. “ Same-Day ACH transfers are a game-changing option for small businesses because they provide access to needed capital by the end of the business day and offer better visibility and certainty into the timing of the transactions clearing in their bank account, which in turn leads to better cash management.”

Same Day ACH 43

Same Day ACH ACH Small Business NACHA 43

PYMNTS

NOVEMBER 5, 2019

And just last month, Robinhood relaunched a checking feature called Cash Management after it was previously shelved due to regulatory issues. percent APY on any money in the account — and they will be able to spend it with a distinctive Mastercard debit card. “If The feature will enable customers to earn 2.05

Debit Card 40

Debit Card Laws Cash Management Visa 40

PYMNTS

MAY 9, 2019

According to the latest edition of the PYMNTS Disbursements Tracker , as customers’ payment preferences shift to paying with credit or debit cards, cash falls in short supply, creating a headache for restaurant workers and managers alike.

Digital Payments 64

Digital Payments Debit Card Cash Management Legal 64

PYMNTS

MAY 31, 2017

Wave’s approach to enhancing SMBs’ handle on cash management is a bit different. This unified platform keeps all of the data across these metrics in a single place, making it easier part time accountant or bookkeeper come tax time, Sand bringing cash flow predictability much closer to the small business.

Small Business 51

Small Business Cash Management Accounts Debit Card 51

PYMNTS

JANUARY 21, 2019

While some might have noted that Fiserv – First Data deal was a $22 billion shot across Square’s bow last week, the payments turned SMB services platform seemingly moved through its week unperturbed – and even managed to roll out the Square Card , a business debit Mastercard focused as their latest offering in real time cash management.

Debit Card 49

Debit Card Visa Central Bank Small Business 49

PYMNTS

FEBRUARY 13, 2020

The use of “petty cash,” or cash set aside to use for small things like groceries, is also falling out of favor with the public, and some companies might eventually phase it out as a mode of payment, instead favoring commercial credit cards. Tom Wood, head of global liquidity and cash management at HSBC U.K.,

Credit Cards 61

Credit Cards Commercial Card Cash Management Visa 61

PYMNTS

NOVEMBER 21, 2017

In Karmic Labs’ latest white paper , “Prepaid Expense Cards: Helping Small Businesses Solve Cash Flow Dilemmas,” researchers surveyed U.S.-based based SMBs to understand how they’re juggling cash management in a market with dozens of payment solutions.

Visa 43

Visa B2B Credit Cards Small Business 43

PYMNTS

FEBRUARY 13, 2018

The offering is designed to enable consumers to receive credit on their debit cards within half an hour, cutting down the previous up-to-three-day wait. They’d take two weeks to pay — typically by check because using credit card was expensive and merchants didn’t want to lose to all those fees.

Payments 41

Payments Venmo Debit Card Addressing 41

EBizCharge

MAY 24, 2024

Ensure this solution meets your business’s needs and accepts credit and debit cards and other major payment methods. This synchronization means less time chasing payments and more time for high-priority tasks, ultimately leading to a sleeker cash management system and accelerated business cycles.

Embedded Payments 52

Embedded Payments Process PCI DSS Payments 52

Finovate

OCTOBER 18, 2024

.” A digital-first banking alternative, Emerge offers companies a single platform to manage their business finances. Emerge provides bookkeeping and reporting tools and makes it easier for companies to track and manage their finances with a centralized view of their data.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Advisors Payments 59

PYMNTS

FEBRUARY 13, 2020

” It’s another opportunity identified by Joust, which offers freelancers a Visa debit card to not only separate professional expenditures from personal ones, but to also gain access to that spend data for enhanced cash flow management and spend analytics. even without an open banking mandate.

Small Business 61

Small Business Payment APIs and Integration Economy Finance 61

PYMNTS

OCTOBER 17, 2018

This forces many operations to continue using cash. GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services. The industry is looking for basic banking services,” she said.

Credit Union 50

Credit Union Legal Non-Bank Underserved 50

PYMNTS

OCTOBER 22, 2019

For these workers, one of the perks of the job is to receive their tips instantly at the end of a shift, and often in cash. However, as customers’ payment preferences shift to paying with credit or debit cards, cash falls in short supply, and creates a headache for restaurant workers and managers alike.

Push-to-Card 40

Push-to-Card Instant Payments Economy Debit Card 40

PYMNTS

JANUARY 27, 2020

Mastercard and SoFi have teamed up on a suite of products and experiences centered around the SoFi Money debit card — an offering that will exist exclusively on the Mastercard network. SoFi’s cards are designed to enhance SoFi Money cash management accounts.

Visa 52

Visa RTP Payment APIs and Integration Bitcoin 52

PYMNTS

AUGUST 30, 2018

It’s popular and well-liked in the neighborhood, but if you want to taste the copious amount of BBQ sauce that is always flowing inside, you better have a credit or debit card on you. Hill Country, as of the middle of this month, stopped taking cash. Managing cash and handling cash is time-consuming and cumbersome.

FDIC 40

FDIC Debit Card Transactions Cash Management 40

PYMNTS

DECEMBER 18, 2017

Getting notified when employees spend money on their business debit cards. We rest on the cusp of a payments revolution,” said Shahrokh Moinian, Deutsche Bank’s global head of Cash Products and Cash Management, in a statement announcing the report. Sending and receiving money from abroad at low rates.

Small Business 44

Small Business Non-Bank Online and Mobile Banking API 44