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SMBs Struggle Amid MyPayrollHR Fraud Inquiry

PYMNTS

Pro/Data Workforce Solutions, based in Gurnee, Illinois, notified its clients in September that it would stop handling payroll services as of Oct. 23 and faces federal charges of committing $70 million in bank fraud, according to the U.S. 5 after Mann’s banks, suspecting him of fraud, froze his accounts. District Court Sept.

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Fintech Deals to Watch: Fall Festivities

Gonzobanker

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Core: Core-n Mazes and Hayrides FIS acquired embedded finance provider Bond Financial Technologies and announced plans to spin off merchant solutions (to be named Worldpay ).

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Getting Mobile Ready

Independent Banker

Meanwhile, a number of other financial technology firms received major funding and rolled out new alliances and products. Moreover, lingering doubts over the security of mobile channels also surfaced in the Fed’s research. Doug Brown, senior vice president and general manager of mobile for FIS Global in Jacksonville, Fla.,

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

HQ: Chicago, Illinois. Incentive & rewards systems for financial institutions. Bridge Financial Technology. Back-office platform for financial advisors . Back-office platform for financial advisors . HQ: Chicago, Illinois. Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK).

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