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Modulr , the embeddedpayments platform, today announces its acquisition of Nook , an innovative disruptor in accounts payable (AP) automation. Both companies share a mission to address inefficiencies, remove manual steps and enhance the security of business payments.
Banqup Group , the company behind the trusted digital platform Banqup, has announced a partnership with iPiD , a global leader in payee verification technology. Partnering with iPiD allows us to take an even more proactive stance against fraud—verifying the payee before a payment is made and giving our users peace of mind.”
Home News Payments Payabli raises $28M Series B Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Payabli raises $28M Series B Embeddedpayments platform Payabli has closed on a $28 million Series B funding round.
Dream Payments has announced the launch of Interac e-Transfer payouts across its embeddedpayments platform, DreamPay — enabling real-time disbursements for participating banks, insurers, enterprises, and SaaS platforms across Canada.
Innovation in payments Innovation, Fennell says, is often about accelerating growth. That could mean embeddingpayments directly into customer-facing channels or supporting alternative payment networks. Youre putting your payment functionality out into the customer space and getting closer to the coal face, he said.
The benefits of automating this process include reduced overhead, a streamlined payment reconciliation process and a shortened payment cycle for the payee. Drilling down a bit, he said there is a particular opportunity in legal and professional services, where the market is worth $1.4
Modulr , the embeddedpayments platform, today announces the addition of payroll services to its integration with Xero , the online accounting software provider. The integration will help businesses reduce payroll payment errors and admin overhead, ensuring employees get paid accurately and on time, every time.
Modulr , an embeddedpayments platform, has added payroll services to its integration with Xero , the online accounting software provider, to help businesses reduce payroll payment errors and admin overhead, ensuring employees get paid accurately and on time, every time.
Bulgaria-based Paynetics teamed up with tell.money to launch its Confirmation of Payee (CoP) service. Middle East and Northern Africa UAE-based B2B payments platform Xpence teamed up with Egypt-based Paymob to enhance digital payments in the region. Egyptian fintech SETTLE raised $2 million in pre-seed funding.
Scheduled payments: Scheduled payments refer to predetermined and agreed-upon dates when payments for invoices are to be submitted by a payer to a payee. Typically, these payments are outlined in the terms of a contract or a bill and are expected to adhere to the schedule to avoid any penalties or service interruptions.
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