PYMNTS

JUNE 1, 2018

QuickBooks on Thursday (May 31) said it is now offering “Contractor Direct Deposit” as a new feature in QuickBooks Payroll. The tool supports businesses “who want to pay their independent contractors the same convenient way they pay their employees – via direct deposit,” the company said in a press release.

Direct Deposit 40

Direct Deposit B2B IRS Payroll 40

PYMNTS

OCTOBER 30, 2018

Payroll is not a one-size-fits-all function of the enterprise. As payroll technology evolves, companies have more options when it comes to improving this financial function. In the entertainment industry, there are certainly commonalities with businesses of other sectors. As much as one third of the U.S.

Payroll 53

Payroll Product Direct Deposit Checks 53

PYMNTS

FEBRUARY 28, 2020

Younger, more tech-savvy generations are rising into the workforce, and companies that only offer biweekly paychecks or direct deposits will not stand out when trying to recruit. Doing away with employers’ and payroll providers’ traditional biweekly pay structures is easier said than done, however. Speed of Disbursements.

Payroll 52

Payroll Direct Deposit On-Demand Checks 52

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

EBizCharge

DECEMBER 23, 2024

This payment system is predominantly used for payroll, direct deposits, and bill payments. Here, transactions are accumulated and processed within one to three business days. Credit card payments: High processing fees can cut into profits, especially for small businesses. How do ACH payments work?

Credit Cards 52

Credit Cards ACH Payments Disputes 52

PYMNTS

SEPTEMBER 16, 2019

So now, the investigation deepens and broadens, with payroll fraud under the microscope. The investigations are the latest wrinkles in a story that continues to develop after several employees small businesses said they did not get paid.

FBI 69

FBI Direct Deposit Wire Transfer Payroll 69

PYMNTS

DECEMBER 20, 2017

So, if paychecks are confusing for employees, consider how much more complex they may seem to a small business (SMB) owner who has spent his or her entire professional life on the receiving end of payroll. Payroll itself is a pain point” for small businesses, he recently told PYMNTS. In the U.S.

Real Time Payments 44

Real Time Payments Payroll Small Business ACH 44

PYMNTS

NOVEMBER 29, 2017

SOLE Financial and WiseWage , both providers of payroll cards, are teaming up to link underbanked employees with ways to receive their salaries. 28) announcement , SOLE Financial said it will be linking its payroll cards to WiseWage’s own corporate clients in need of payroll solutions for their underbanked or unbanked employees.

Payroll 44

Payroll Financial Literacy Financial Inclusion Direct Deposit 44

PYMNTS

MAY 30, 2016

The payroll industry is in flux, experts agree. A new report from Accounting Today examined how and spoke with several industry players offering payroll solutions to discover key trends in the space. Analysts said that the evolving payroll landscape should be thought of as an opportunity. ” .

Payroll 41

Payroll Direct Deposit ACH On-Demand 41

PYMNTS

JANUARY 17, 2019

The evolution of payroll is all about pushing back against the notion of one-size-fits-all. As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. ” In the U.S.,

Payroll 69

Payroll Payment APIs and Integration On-Demand Identity Theft 69

PYMNTS

APRIL 4, 2019

The threat of cyberattacks continues to grow, and small businesses (SMBs) are caught in the crosshairs. The latest research in small business cybersecurity has revealed the relentless nature of the threat, with new strategies emerging and new strains of ransomware rearing their ugly heads. New Attacks Emerge.

Ransomware 63

Ransomware Phishing Direct Deposit Business Email Compromise 63

PYMNTS

JANUARY 6, 2017

In the biggest funding round of the week for B2B FinTech, HR and payroll company Namely secured $50 million in venture capital funding. That, said Namely, is a reflection of how demands for payroll technology are changing across the mid-market. Paper checks remain commonplace in business payments, especially in the payroll department.

Payroll 43

Payroll B2B On-Demand Direct Deposit 43

PYMNTS

MARCH 31, 2020

This week’s look at payment rail innovation explores how corporates and FinTech providers embrace variety to ease friction in card acceptance, employee payroll and invoice payments. Payroll Rails Offer Employee Relief.

B2B 77

B2B Payroll Payments Cross-Border Payments 77

PYMNTS

SEPTEMBER 16, 2019

Perhaps everyone’s worst nightmare came true for 250,000 employees of 4,000-5,000 small businesses over Labor Day weekend: Payday came, and paychecks didn’t. Workers living paycheck-to-paycheck who have been hit by this, and the businesses that employ them, need an immediate solution. In fact, it was much worse.

Payroll 70

Payroll Direct Deposit FBI ACH 70

PYMNTS

JUNE 3, 2016

Small business owners are considered followers of consumer trends in terms of payments technologies; entrepreneurs use digital financial services in their personal lives, so that will naturally carry over into when they are managing the finances of their companies. “Banks have a window right now to take advantage of that.”

Online and Mobile Banking 42

Online and Mobile Banking Small Business Wire Transfer Value Added Service 42

PYMNTS

AUGUST 26, 2016

Additionally, Yantra noted, the potential exists to “transform traditional approaches to direct deposit, money transfers, payroll, as well as the disbursement of loans.”. The purpose of a bank is to meet this need,” said Ramamurthi, and yet, the documentation and the underwriting process can be unwieldy.

B2B 41

B2B Direct Deposit Small Business Underwriting 41

Nanonets

MARCH 20, 2023

This payment method is widely used for direct deposit of payroll, payment of bills, and business-to-business payments. Getting started with ACH payments Nanonets provides completely out-of-the-box solutions to get small businesses started with ACH payments at a very reasonable cost.

ACH 52

ACH Same Day ACH ACH Network NACHA 52

PYMNTS

APRIL 12, 2019

Thus, business email compromise fraud (BEC) is evolving too. As reported in darkreading.com, the gangs using BEC – new gangs and seasoned gangs – have recently been targeting human resource and finance professionals to grab direct deposit payroll information to siphon off funds.

Business Email Compromise 46

Business Email Compromise AFP ACH Email Compromise 46

Stax

NOVEMBER 11, 2024

These transactions usually process within one to three business days and are most commonly used for payments such as direct deposits for payroll, recurring bill payments, and B2B invoice payments. The following is a list of some compelling reasons small businesses should consider accepting ACH payments.

ACH 88

ACH Checks Identity Theft Payments 88

Stax

JANUARY 17, 2024

This makes ACH PayFacs a desirable option for small businesses or start-ups. This makes ACH PayFacs a desirable option for small businesses or start-ups. ACH transactions are a form of electronic fund transfer commonly used for direct deposit, payroll, and vendor payments.

ACH 88

ACH Facilitators ISVS Payment APIs and Integration 88

M2P Fintech

MARCH 28, 2024

Co-lending Co-lending combines multiple lenders’ resources to unlock financing opportunities, enabling larger loans and broader access to capital across sectors like real estate, small businesses, and personal loans. This collaborative approach expands market reach and enhances financial inclusivity.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59

Nanonets

JUNE 29, 2023

Coupa leverages anonymized customer data to provide valuable insights and recommendations for enhancing business transactions. Coupa serves a diverse range of customers, including large enterprises, mid-size businesses, non-profits, public administrations, and small businesses.

Payment APIs and Integration 52

Payment APIs and Integration Online and Mobile Banking Automation Push-to-Card 52

Nanonets

JUNE 29, 2023

It provides features such as expense tracking, automated expense approvals, and integration with payroll systems. Its customizable workflows can handle complex and diverse types of spend, enabling compliance with the least amount of friction for employees.

Payment APIs and Integration 52

Payment APIs and Integration Automation Credit Cards Online and Mobile Banking 52

Fintech Labs Insights

AUGUST 26, 2020

Finch : [Lending, Employee benefits, APIs] Product: API for developers to tap into payroll systems to verify income, set up direct deposits, pull paystubs, and confirm employment. Plunzo : [Account aggregation, SMBs] Product: Account aggregation for Latin American small businesses (SMBs). Traction: Unknown.

Payment APIs and Integration 12

Payment APIs and Integration FinTech API Product 12

Nanonets

JANUARY 17, 2024

Streamline reimbursement by integrating with HR and payroll software for a smoother process. It provides features such as expense tracking, automated expense approvals, and integration with payroll systems. An OCR-based system can directly extract data from your expense documents and ingest the data in structured format.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52

PYMNTS

MARCH 31, 2020

trillion in stimulus funds — the largest swatch of which will most notably beef up small business funding via Small Business Administration (SBA) loans as well as put about $1,200 in the hands of each qualified consumer. Restructuring Around Small Businesses. Thus far, that has added up to roughly $2.2

Economy 56

Economy Push-to-Card IRS ACH 56

PYMNTS

MAY 23, 2018

consumers are unable to readily access $400 in the event of an unexpected emergency, and the friction associated with having checks as part of a person’s or a small business’ (SMB) financial situation becomes even more acute. Add to that the fact that 42 percent of U.S.

Checks 41

Checks Federal Reserve Fed Participant 41

Stax

JANUARY 23, 2024

Most small business owners hunting for cloud accounting software will find themselves trying to choose between the two most popular names: Xero and QuickBooks Online. These two giants in the small business accounting software space are equally adored in the business community.

Accounts 88

Accounts Payment APIs and Integration Online and Mobile Banking Payroll 88