Australian fintech Afterpay has announced that it will be closing down its Money app in October just a year after launching, saying that the firm’s acquisition by Jack Dorsey’s Block “means our focus is shifting in a new direction”. Debit cards and Money accounts from the fintech company were introduced in collaboration with the largest bank in
Zuora, Inc., the leading cloud-based subscription management platform provider, today announced its planned acquisition of Zephr, a leading subscription experience platform used by global digital publishing and media companies. As an existing Zuora® partner, Zephr’s pre-integrated solution is in use today by joint customers, and will immediately expand Zuora’s product suite. As businesses regularly roll out
Did you know that, according to recent research, more than 60% of firms are either contemplating using Bitcoin as a means of payment or have already started doing so? Additionally, according to a different poll, 22% of small and medium-sized enterprises want to start adopting Bitcoin in the coming year. With figures like these, it’s
Automation in accounting is nothing new, despite the fact that it seems to be progressing more quickly these days. Although most of us don’t remember them, large paper ledgers and manual entries used to be the standard method of conducting business. Nowadays, we frequently enter a few figures and receive precise reports that flawlessly detail
HSBC UK has rolled out sweeping variable recurring payments (VRP) to all its personal and business customers who use open banking services. Businesses and customers can utilize VRP to make recurring payments of different quantities without having to re-authenticate for each one. The Competition and Markets Authority has instructed the top UK banks to implement VRP.
BillingPlatform, the enterprise monetization platform for today’s innovative business models, today announced that InComm Payments, a leading payments technology company, has selected BillingPlatform as its enterprise billing solution. InComm Payments chose BillingPlatform for its flexible data model, modern and intuitive interface, and the ability for non-technical users to configure the system to support the unique
What is Conversational AI? Conversational AI is the use of Machine Learning (ML) to allow humans to engage organically with devices, machines, and computers through the use of their own speech. As a speaker speaks, the device uses its own natural-sounding speech to understand and find the optimal answer. Customers can communicate with their bank
Atlantic Money announced that its users in the UK can now transfer from euro to nine currencies worldwide for just €3. This means in addition to international transfers from the British pound; customers can also transfer euros for a flat fee of €3 and always at the live exchange rate, all the way up to
Rippleshot, a provider of proactive fraud detection and prevention solutions to payment processors and financial institutions, announced today a partnership with Flashpoint, the globally trusted leader in actionable intelligence, to pair Rippleshot’s compromised and high-risk merchant data and insights with Flashpoint’s Payment and Credit Card Fraud Mitigation solution. Rippleshot’s cloud-based solution, which is equipped with features
Late payments from customers are a frustrating obstacle to managing your business’s cash flow. Read our guide to the steps you can take to deal with overdue invoices. Any business owner will tell you that they have experienced late payment of an invoice at some point. According to the Federation of Small Businesses, one-third of
Vesttoo, a leading insurance risk transfer platform, announced that it had signed a partnership agreement with Clear Blue to supply the latter with reinsurance capacity sourced from capital markets investors, totaling a sum of $1 billion USD. Vesttoo’s mission is to bridge the gap between insurance and capital markets by growing insurance-linked investments as a
