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Best Fintech Innovations Transforming Small Business Banking

Finextra

These digital banking tools integrate advanced technology to simplify cash flow management, payment processing, and regulatory compliance. Secure Digital Signing Capabilities Paper-based processes are becoming obsolete thanks to digital signing tools embedded in business finance apps.

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myTU launches ‘Payouts API’ to Streamline Payment Processing for Businesses

Fintech Finance

myTU , the fintech pioneering the use of cloud-only infrastructure and AI to transform consumer banking, announced the release of a new API product, “ Payouts API ,” designed to help businesses optimise their financial processes and enhance operational efficiency. ” myTU’s commitment to innovation extends beyond the Payouts API.

API
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Kabbage Steps Into SMB Payment Processing

PYMNTS

Alternative small business (SMB) lending company Kabbage is entering the payments space in an effort to support small business cash flow. The company announced the launch of Kabbage Payments on Thursday (Oct. 24), a payment processing tool for small businesses to support faster invoice payments and accelerate accounts receivable.

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ClearBank Onboards First Clients to T2 European Payments System

Fintech Finance

The fintech clearing bank welcomes OpenPayd, Pay Perform (which trades as Orbital), and Transact Payments, which will all benefit from real-time transactions in Euros. T2 is the real-time gross settlement (RTGS) system owned and operated by the Eurosystem. Following the opening of ClearBank Europe N.V.,

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CoCoNet Partners With Raifeissen On B2B Payment, Cash Management

PYMNTS

We focus on digitized processes and good usability.”. Switzerland has generally been ahead of the game in the world of digitizing payments, but other countries have begun looking at ways to speed things up. With our products and services we want to continuously improve the cooperation between banks and their corporate customers.

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FTC Bans Rogue Payment Processor In Settlement Over Alleged Scams

PYMNTS

A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal Trade Commission (FTC) and the state of Ohio that they unlawfully participated in scams, according to a press release. In addition, the defendants have been ordered to pay an $8.6

FTC
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Payment Automation: The Future of Business Transactions

Nanonets

Did you know that it takes small-to-midsized companies up to 25 days to complete the processing of a single invoice? In a world where time is money, businesses and customers alike seek hassle-free payment methods that save time and increase efficiency. What is Payment Automation? How does payment automation work?