Fintech Finance

JULY 10, 2025

The roll-up of Dutch payroll software company Employes marks Danish-founded Ageras’ second acquisition this year and its most significant since its 2024 takeover of French business banking platform Shine from Société Générale, says Ageras’ CEO, signalling that change is coming for the way small businesses across Europe pay their wages.

Payroll

PYMNTS

JULY 31, 2020

And in next-gen payments, companies and workers are seeking quicker and more flexible payroll solutions , particularly in a time of uncertainty. 278%: Shipt’s revenue bounce in Q1 2020 compared to 2019. 60%: Share of PPP funding that must be used for payroll-related costs to qualify for loan forgiveness.

Payroll

PYMNTS

NOVEMBER 25, 2020

This represents a staggering fivefold increase over the number of American banks that reported being able to access real-time payment capabilities in September 2019. Paychex On Meeting Faster Payments Expectations With Real-Time Payroll Solutions.

Payroll

PYMNTS

JANUARY 27, 2021

Payroll infrastructure startup Check , which purports to simplify the payroll process, launched publicly Wednesday (Jan. With the close of the round, Check has now raised $44 million to date since its formation in 2019. With the close of the round, Check has now raised $44 million to date since its formation in 2019.

Payroll

Agile Payments

FEBRUARY 25, 2019

Whether for the purpose of managing and distributing payroll, or collecting funds for customer subscriptions, integrating for ACH payments can be a powerful addition to an SaaS. An ACH Processing API transforms a software application into becoming an eCheck payment processing and management platform.

ACH Processing

PYMNTS

MARCH 12, 2020

And according to Jennifer Schroeder, executive vice president of product management at PULSE, prepaid and payroll cards are proving increasingly popular among forward-thinking employers. A tight labor market means employers must be cognizant of what their workers want.

Payroll

PYMNTS

MARCH 2, 2020

These businesses do not always have the time or resources to find and hire temporary workers, add them to payroll, and remove them a few weeks later. Companies thus often turn to staffing agencies — which keep temporary workers on payroll and send them out as needed to short-term jobs — to help them connect with ad hoc workers.

Payroll

CB Insights

JANUARY 10, 2019

2019 Fintech Trends To Watch briefing. Register for the live briefing to find out what’s ahead for fintech in 2019, including incumbents’ fintech playbooks, what’s next for fintech re-bundlers and much more. First name. First name. Want the full post? Become a CB Insights customer.

Payroll

PYMNTS

FEBRUARY 27, 2020

The company has been consistently growing; it recently entered new markets in 2019 and increased its staff to more than 500 employees. The company’s suite of products automates all payroll processes, from RTI submissions and payslips to employee leaves and expenses.”. “The

Payroll

PYMNTS

SEPTEMBER 16, 2019

government is updating its payroll systems and has picked payroll partners to support the modernization process. The GSA noted that NewPay aims to overhaul existing legacy payroll systems to improve efficiency and security using Software-as-a-Service. In an announcement on Thursday (Sept. 12), the U.S.

Payroll

PYMNTS

APRIL 4, 2019

Most notably, Australia’s introduction of Single Touch Payroll (STP) mandates has prompted MYOB and other industry players to upgrade their services to promote tax compliance for corporate users.

Payroll

The Finance Weekly

MARCH 16, 2023

What happened to SVB and why it collapsed SVB held a lot of cash from companies that deposited money that these businesses used for payroll and other expenses. trillion at the end of 2019 before the pandemic. Other banks may be harboring paper losses on large fixed-income portfolios as well, although not as large as SVB.

FDIC

PYMNTS

FEBRUARY 28, 2020

A global study of 7,000 employers and employees conducted by human resources and payroll services provider ADP found that nearly half of Gen Z job seekers would reject offers that did not include options for how they receive their earnings. Speed of Disbursements.

Payroll

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. In addition, Gusto instantly syncs payroll and financial data with Xero, as well as expense-tracking and time-tracking software.

Payroll

PYMNTS

DECEMBER 18, 2018

Other things – like payroll systems getting their first major disruption in over a decade – are certainly worth following, even if the tea leaves aren’t quite clear yet. Could anyone have predicted the rise of “bleisure” travel or Canadians’ love affair with plastic ? Data: $3 billion: The amount Tencent has invested in 40 U.S.

Payroll

PYMNTS

OCTOBER 14, 2019

Payroll and human resource management solution provider Paychex has unveiled a range of new solutions and services at the 2019 HR Technology Conference & Exposition event late last month.

Real Time Payments

PYMNTS

FEBRUARY 9, 2020

In contrast, firms with 500 or more people on the payroll grew their workforces by 2.3 Employee head count at U.S. small businesses remained stagnant last year, despite record growth among larger firms’ employment, The Wall Street Journal reported.

Small Business

PYMNTS

DECEMBER 6, 2019

backers focused on accounts payable (AP) technology, cannabis procurement and small business lending, to name a few – but it was a FinTech specializing in the high-growth market of on-demand payroll that secured the top spot in this week’s roundup. From Singapore to the U.K.,

On-Demand

PYMNTS

MAY 22, 2020

Under the terms of the CARES Act, businesses don’t have to repay the loan if they spent at least 75 percent of the proceeds on payroll and no more than 25 percent for other items. They have low payroll and high overhead expenses.”. Rent and mortgage far exceed 25 percent of costs for locations in cities,” she told the network.

Payroll

PYMNTS

DECEMBER 27, 2019

By the numbers, it is hard to deny in the closing days of 2019 that instant payments, as observed by the PYMNTS Instant Payments Tracker , have hit their stride and are no longer a P2P payments tool for gig economy workers. In 2019 that number had nearly quadrupled to 42 percent. Here are four on that list. Instant Payments .

Instant Payments

PYMNTS

JULY 17, 2018

In recent years, payroll cards have run into controversy as lawsuits and lawmakers scrutinize fees that often come with the tool. But, much like the payroll card debate, the legal questions around virtual cards also focus on fees. Legal action concerning fees linked to physical payroll cards have emerged in recent years.

Payroll

Fintech Finance

JANUARY 20, 2025

Founded in 2019 in Lyon, Toporder provides a comprehensive cash register system, integrating business tools such as inventory management, accounting, statistical analysis, customer database management and more. to compliance with regulations, and an uncertain economic climate.

FinTech

PYMNTS

FEBRUARY 12, 2020

According to the 2019 edition of the FBI’s Internet Crime Report , last year was both a lucrative and diverse year for cybercriminals and scammers. billion (or slightly over half) of all losses tracked in 2019. There were almost 24,000 complaints in 2019 and, according to the FBI, each successful attack costs roughly $75,000.

Business Email Compromise

PYMNTS

FEBRUARY 4, 2020

Visa, which acquired Earthport in May 2019, said the sale will help to speed up Earthport’s growth of its larger core payments business. Use cases extend across online marketplaces, gig economy payroll payments , cross-border remittances, loan payouts and insurance disbursements, to name a few.”.

Cross-Border

Fintech News

OCTOBER 10, 2024

It offers a suite of financial management tools that integrate with a company’s existing systems to simplify tasks such as payroll, vendor payments, and tax payments, and claims over 45,000 business customers. Fi Money, founded in 2019, targets tech-savvy individuals seeking smarter ways to manage their finances.

Payment APIs and Integration

PYMNTS

DECEMBER 10, 2020

helps to process payments, merchant services and other solutions such as prepaid debit cards and payroll cards. Ransomware attacks jumped 39 percent in 2019, with losses rising 46 percent, according to sources. -based TSYS, the third-largest third-party payment processor for financial institutions in the U.S.,

Ransomware

CB Insights

NOVEMBER 21, 2019

While deals and dollars slowed to Canadian startups in the first half of 2019, early-stage startup activity suggests that there’s more to the story. GET THE ENTIRE 41-PAGE CANADA VC REPORT H1 2019. Canadian VC-backed companies saw funding drop 13% in H1 2019 compared to H1 2018. The 2019 Canadian fintech market map.

FinTech

PYMNTS

AUGUST 7, 2020

Talk of a venture capital plummet continues to grow, particularly in Europe, where new data from Consultancy Europe revealed that the number of venture capital deals for startups across the continent has declined every quarter since Q1 2019.

B2B

PYMNTS

MAY 6, 2020

Through a “fully micro-service driven model,” Nium aims to get rid of inefficiencies that often affect traditional payment processes in eCommerce, payroll and other business functions. InstaReM rebranded to become part of Nium in October 2019. On the enterprise front, the startup serves clients across six continents. . and the U.S.

FinTech

PYMNTS

MAY 15, 2020

In January 2019, vacancies hit a hit of 7.52 million positions last month, which is said to be the steepest drop in payrolls as of the Great Depression. And the tally of individuals resigning from their positions voluntarily declined to 2.78 million by 654,000. In addition, the government indicated that job openings fell to 6.19

Economy

CB Insights

MAY 24, 2021

Workrise’s platform provides training, payroll services, and benefits to over 500 companies. The company reportedly nearly doubled the number of workers it placed from 8,000 in 2019 to 15,000 workers in 2020. It operates across industries like construction, solar, oil & gas, and defense.

Payroll

PYMNTS

MAY 14, 2020

And as of 2019, instant access to wages was already in use by over one-third of U.S. More notable is how sharply the demand for instant pay was already rising as of the end of 2019. Given the requirement to connect those two systems, running payroll once a day wasn’t technologically feasible.

Payroll

PYMNTS

DECEMBER 9, 2020

That means addressing some of the challenges and opportunities that Summers stated are pointing the way toward use cases such as real-time payroll, which he said represents the future of work. Workers have essentially given employers a reverse loan for their wages until it's actually payday,” said Summers. population, according to PYMNTS).

Use Case

PYMNTS

FEBRUARY 9, 2020

Steiner said he helped the 49-year-old Mann allegedly defraud two finance companies out of nearly $13 million between 2013 and 2019. payroll company. The company handled payroll for roughly 1,000 businesses across the United States. He was charged in September with fraud but has not yet entered a plea.

Payroll

CB Insights

JULY 25, 2019

Square is betting on its payroll services. Payments Trends to Watch in 2019. While the payments startup is best know for its sleek POS terminal, the fintech juggernaut is quietly transforming into a full-service financial provider for its 2M+ merchants — with add-on services like Square Payroll (introduced in June 2015).

Payroll

Fintech News

JUNE 10, 2024

Established in 2019, Credflow provides tools for micro, small and medium-sized enterprises (MSMEs) to analyze business data and automate payment reminders. Founded in 2019, CWC uses technology such as a WhatsApp bot for credit scoring to minimize the application process and make it easier for people without credit histories to get loans.

FinTech

PYMNTS

NOVEMBER 30, 2020

financial institutions (FIs) currently readying real-time solutions, the Report notes that “this is a fivefold increase over the number of banks that reported having access to real-time capabilities in September 2019.”. An area of interest is payroll modernization, particularly in the aftermath of the global health and economic crisis.

Real Time Payments