Payments News

On The Web

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Deals

Georges Raises $11.2 Million for Its Accounting Automation Tool

“Automated accounting is an interesting space. For instance, Roger just raised $7.35 million last week. But Georges focuses on one type of company in particular — people working on their own as freelancers, coaches, doctors, architects, lawyers, etc. The product is dead simple. First, you connect Georges with your professional bank account. The company leverages Bankin’ […]
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Square Sends Millions of Digital Receipts, Sometimes to the Wrong Person

“Teresa Smith hoped she could keep news of her impending divorce a secret, until Square Inc. blabbed about it to one of her friends. The day after Ms. Smith, a horse trainer living outside Washington, paid the retainer for a local divorce attorney in late 2016, an acquaintance forwarded her an email full of details […]
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How a Silicon Valley Startup Is Trying to Rebrand Payday Loans

“Once every few weeks, Myra Haq withdraws $100 or so from Earnin, an app that lets people borrow small sums of money. “I started using Earnin when I was a minimum wage intern so I could pay for [things like] the bus to work and food,” Haq said. Now that she’s no longer an intern […]
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Reports

Midigator’s The Year in Chargebacks 2019 Report

“Midigator’s The Year in Chargebacks report takes an in-depth look at payment disputes. The data provides unprecedented insight into why chargebacks happen, how to prevent and fight chargebacks more effectively, and what’s in store for the future. At Midigator, we believe data analysis is one of the most impactful elements of a successful chargeback management strategy. Data-driven […]
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Glance’s Real-Time Bill Option Appears To Drive Glance Pay Transactions up

Released for testing late last year, Real-Time Bill enables users to view and pay their dining bills directly from the Glance Pay app without waiting for a paper bill. The app identifies the user’s bill based on Quick Response codes or near-field communication tags at the table. It settles the bill in real-time from the merchant’s point-of-sale system, Glance […]
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Salesforce Posts Sharp Gains in Commerce and Marketing Software

“Salesforce doesn’t break out revenue for its ecommerce and marketing software suites. Its Commerce Cloud software is comprised of the CloudCraze and Demandware software it acquired in recent years for B2B and retail ecommerce technology. Although still by far the smallest contributor to revenue, the combined ecommerce and market software suites accounted for the sharpest […]

On The Wires

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Mastercard and USAID Extend Relationship to Support Women Entrepreneurs

“Women are a driving force for increasing global economic growth and security, representing more than half of the world’s population and 80 percent of household buying decisions. They are critical to ensuring that growth is inclusive, extending these benefits to everyone, everywhere.”