CPA Practice

NOVEMBER 6, 2023

Bookkeep, an accounting automation platform for ecommerce and retail, has announced the hiring of Alison Ball as Vice President of Marketing and Communications. Accounting for ecommerce and retail daily sales is a gnarly problem that Bookkeep elegantly solves, but often these entries are only booked monthly, due to the complexity.

bookkeeping 105

bookkeeping quickbooks accounting and finance small business accounting 105

PYMNTS

DECEMBER 30, 2020

With trade shows canceled and enterprise digitization accelerated, 2020 was a big year for the adoption of B2B eCommerce. Even before the pandemic hit, the B2B eCommerce landscape was heating up as businesses sought greater efficiency. “The The Rise of the Marketplace.

B2B 121

B2B Finance Manufacturing Sales 121

PYMNTS

NOVEMBER 20, 2020

African FinTech Chipper Cash has landed a whale of an investor. The startup has since expanded into eCommerce with a service targeted at retailers and other online merchants, Chipper Checkout. Chipper, though, is just the latest African FinTech to attract the attention of investors. And the investments have kept coming in 2020.

Start-ups 132

Start-ups Retail 132

PYMNTS

FEBRUARY 13, 2020

British bank Standard Chartered and payments firm Assembly Payments have established a joint venture in Singapore to bring payment solutions to its $29 trillion global eCommerce market, the companies announced on Tuesday (Feb. Westpac-backed FinTech Assembly Payments was founded in 2013 in Melbourne, Australia. .

Sales 79

Sales Technology B2B 79

PYMNTS

NOVEMBER 12, 2020

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. Visa Launches FinTech Collaboration Initiative In Europe. Poland's mBank Taps Treasury Pricing FinTech.

accounting and finance 88

accounting and finance Finance B2B Technology 88

PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. Plus, one FinTech offers a new spin on the open banking model to drive financial inclusion.

accounting and finance 123

accounting and finance B2B Finance Account 123

PYMNTS

AUGUST 21, 2019

The Banking & Payments Federation Ireland said it had established a FinTech Foresight Group — further evidence of collaborations between traditional financial institutions and tech upstarts. That series will focus on global technology trends across financial services and how FinTechs and banks can work together across those efforts.

Technology 69

Technology Account accountant accounted 69

PYMNTS

JUNE 3, 2020

MercadoLibre is an eCommerce platform similar to Amazon , with its own payments infrastructure that has grown into credit, mobile payments and asset management capabilities. According to eMarketer, eCommerce made up about 4 percent of the total spent last year in Latin America, due mostly to its cash-heavy economy.

Start-ups 99

Start-ups Government Sales Account 99

PYMNTS

FEBRUARY 5, 2020

FinTech firms show less reluctance, however, and many of these companies are seizing APIs to launch new offerings for SMBs. Banks are also opening their APIs to FinTech firms, enabling the latter to create a flurry of new solutions for business customers. Deep Dive: API-Powered Modernizations Keep B2B eCommerce Platforms Current.

B2B 78

B2B Technology Account accountant 78

PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. At the same time, he explained to PYMNTS, industry collaboration can mean combining banks’ and FinTechs’ biggest strengths.

AP Automation 127

AP Automation Technology accounts payable B2B 127

PYMNTS

JUNE 24, 2020

Visa and the Dutch FinTech TerraPay said they plan to develop and deliver “payment solutions to drive financial inclusion and cashless transactions for domestic payments and global remittances.”. Global m/eCommerce continues to evolve and is expected to reach $4,574 billion by 2023,” according to Allied Market Research.

Technology 97

Technology B2B 97

PYMNTS

NOVEMBER 27, 2020

In a recent interview, he discussed why Juni is targeting eCommerce and digital marketing businesses with its offering. The eCommerce Banking Challenge. Perhaps the biggest challenge for eCommerce businesses is simply getting an adequate grasp on finances altogether. The Rise Of Industry-Targeting Banks.

accounting and finance 118

accounting and finance Technology Finance Start-ups 118

PYMNTS

DECEMBER 23, 2020

That arm of the financial technology (FinTech) giant offers a virtual credit card. Chinese regulators are looking to strengthen the rules for FinTechs. Ant is the financial arm of Alibaba, which could be the world’s biggest eCommerce company. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he said.

Government 96

Government Technology 96

PYMNTS

NOVEMBER 11, 2020

In today’s top payments news around the world, Indonesian FinTech LinkAja closed a Series B funding round headed up by Grab, while Nigeria-based Kuda landed $10 million after a funding round. Indonesian FinTech LinkAja Closes $100M Series B Led By Singapore Super App Grab.

Manufacturing 72

Manufacturing 72

PYMNTS

AUGUST 17, 2020

At the same time, for many small- and medium-sized businesses (SMBs), an ERP hasn’t always been necessary, particularly as bespoke and individual FinTech solutions emerge onto the market at more affordable price points and a more flexible offering better suited to a small firm’s less complex needs. Surging Volumes.

Finance 87

Finance Account accountant accounted 87

PYMNTS

NOVEMBER 24, 2020

FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. Bloomberg noted that the company has been taking advantage of the eCommerce interest, starting its own card-issuing service for U.S.

Sales 117

Sales Retail 117

PYMNTS

JUNE 24, 2020

Hong Kong-based FinTech Qupital is expanding its reach as it unveils a deal to provide financing services to eBay sellers in one of the world’s fastest growing markets, Greater China. Under the agreement with eBay, Qupital will become one of the global eCommerce platform’s finance partners in Hong Kong, the firm stated in a press release.

Finance 68

Finance E-commerce 68

PYMNTS

FEBRUARY 21, 2020

Earlier this week, a FinTech took the leap into the full spectrum of financial services, perhaps paving the way for future mashups. FinTech has bought a bank, and it shows how digital-first firms can broaden their scale and reach with cross-pollination across financial offerings. To be the bank, buy the bank.

Sales 89

Sales Retail 89

PYMNTS

NOVEMBER 10, 2020

challenger bank Tide runs dry of SMB loan funds, while Payer launches an ID verification service for B2B eCommerce platforms. The new product will let eCommerce merchants verify new customers as trustworthy to ease some of the difficulties of making new transactions, the release stated. Today In B2B, U.K.

B2B 75

B2B Account accountant accounted 75

PYMNTS

JANUARY 25, 2021

Jan Kemper as its new chief financial officer (CFO) as the Berlin-headquartered FinTech looks toward a future initial public offering (IPO). The former CFO of Zalando SE, one of Europe’s most successful eCommerce retailers, Kemper was instrumental in leading the company’s IPO in 2014 on the Frankfurt stock exchange.

Retail 101

Retail 101

PYMNTS

JANUARY 20, 2021

The Vietnamese eCommerce market is getting crowded with numerous different companies to choose from, a Financial Times (FT) report says, leading to a clash between Shopee and Alibaba. funds from gaming businesses which have been invested in eCommerce and digital finance services. Sea is backed by U.S. Sea is backed by U.S.

Gaming 80

Gaming Finance 80

PYMNTS

AUGUST 12, 2020

Statista noted in forecasts adjusted to reflect the impact of the pandemic that overall revenues from eCommerce to be the equivalent of USD $87 billion, up 18 percent from the year before. That may be behind the relatively sedate pace of investment activity in FinTechs there, in terms of aggregated data.

Retail 88

Retail Technology Sales Account 88

PYMNTS

NOVEMBER 27, 2020

It was a slow week for B2B FinTech venture capital investments, though the industry still managed to pull more than $46.8 New funding for Singapore-based B2B eCommerce platform SourceSage amounted to a $2.2 based B2B FinTech startup focused on providing trade credit at the point-of-sale on B2B eCommerce platforms, has announced $33.85

B2B 70

B2B Technology Finance Sales 70

PYMNTS

JUNE 21, 2020

FinTech unicorn Futu Securities has adopted the API, according to the release, which will allow investors to sign up and top up their securities trading through Futu, enabling them to stay on top of insider trading. The API will assist Futu with processing incoming funds in a more streamlined way.

B2B 143

B2B Technology Account accountant 143

PYMNTS

MAY 6, 2020

FinTech payments startup Nium , based in Singapore, is getting a new round of funding led by new investors Visa and BRI Ventures. 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.

payroll 102

payroll 102

PYMNTS

MAY 1, 2020

The firm offers “Internet value-added services” per the announcement, encompassing online advertising, digital entertainment and FinTech as well as cloud services to users. GMV is an eCommerce term that indicates the total sales dollar value for products. Tencent, for its part, is a Hong Kong Stock Exchange-listed firm.

Entertainment 82

Entertainment Sales Technology 82

PYMNTS

JANUARY 2, 2020

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one of Singapore’s five available digital banking licenses. JPMorgan Ups Security By Blocking FinTechs From Passwords. Ant, Razer Join Rally For Singapore eBank Licenses.

B2B 53

B2B Gaming Technology 53

PYMNTS

JULY 3, 2020

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. million in VC funding for the sector, B2B FinTechs may be showing signs of a mid-year lull. With a combined $43.3

B2B 64

B2B Technology Manufacturing payroll 64

PYMNTS

OCTOBER 14, 2020

Alibaba Accelerates US eCommerce Push With ShipStation Integration. Alibaba is deepening its collaboration with ShipStation as the eCommerce firm encounters pressure to grow internationally beyond its core China and Southeast Asia markets. FinTech Nium Expands Into South Korea Via E9pay Linkup. Jeon Hyuk Goo, E9pay Co.

B2B 72

B2B Start-ups 72

PYMNTS

FEBRUARY 18, 2020

The company provides customers with trust system and identity solutions to aid in the areas of eCommerce and lending, particularly in terms of credibility. South Asia is the fastest-growing market in FinTech and eCommerce, according to Credify. percent, and is expected to be a $102 billion eCommerce market by 2025.

Maine 68

Maine Start-ups Finance Technology 68

PYMNTS

JANUARY 20, 2021

In an effort to simplify B2B payments for Australia, FinTech service provider WEX is teaming with digital business management technology company MYOB. dLocal Collaborates With Dinie On SMB eCommerce Financing. RepSpark, PGA To Partner On B2B eCommerce For Virtual Shows. WEX Teams With MYOB For Supplier Payments In Australia.

B2B 64

B2B Government Finance Technology 64

PYMNTS

NOVEMBER 30, 2020

Earlier this month, Nets established an agreement with Italian rival Nexi for an "all-share" merger deal to create a "one-stop-shop" for payments, with better capabilities and more reach overall, offering more products and services and offering a broader exposure to eCommerce, PYMNTS reported.

Technology 87

Technology B2B 87

PYMNTS

NOVEMBER 16, 2020

Speaking at the Citi 2020 FinTech Conference , Vosburg recounted some of the trends seen in the latest quarter and beyond, saying “we see moderate levels of growth” in overall transaction volume and in spending levels and transactions. There is also an acceleration in digital and eCommerce, he said.

Retail 87

Retail 87

PYMNTS

DECEMBER 27, 2020

The second trial of digital yuan by the People's Bank of China has concluded, resulting in hundreds of thousands spent on eCommerce retail, food delivery and ride-sharing, The Wall Street Journal (WSJ) reports. The trial began earlier in the month as authorities handed out 20 million digital yuan, or $3.1

Retail 124

Retail 124

PYMNTS

NOVEMBER 26, 2020

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. Earlier this month, China debuted drafts for new rules for eCommerce companies, with the goal of trying to cut down on monopolistic power, PYMNTS reported.

Washington 61

Washington Government Finance Technology 61

PYMNTS

OCTOBER 28, 2020

This growth is not expected to slow down anytime soon, with eCommerce and its associated digital payments expected to hit $4.5 This puts them at risk of losing customers to more agile FinTechs that lack these issues. A study found that FinTechs spend 70 percent of th eir budgets on innovation, while banks typically spend 35 percent.

Technology 87

Technology B2B Government 87

PYMNTS

JANUARY 8, 2021

7 about how the rules should be revised in order to bring about expanded oversight for digital payments, eCommerce and livestreams. FinTech leaders in China started scrambling for capital in November 2020 when regulators first started cracking down on financial services and payments firms.

Maine 68

Maine Start-ups Account accountant 68