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How SMB FinTech Firms Boost Data Sharing Without Open Banking

PYMNTS

and Europe is a natural progression from the surge in FinTech solutions offered to consumers, small businesses and enterprises. have plans to acquire a FinTech in the next 12 months as they pursue heightened digital transformation. For proponents of open banking , the regulatory initiative seen in the U.K. ”

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Can FinTech Walk The FinTalk?

PYMNTS

In this world, the only things certain are death and taxes. IBM’s management team described its blockchain developer toolkit as another way to make it easier for innovators to “stand up” blockchain networks. In 2011, Buffett made a $10 billion investment in the company in support of then-new CEO Ginni Rometty’s turnaround plans.

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Fintech Startup of the Week: Secure to Make Emergency Savings Plans as Ubiquitous as the 401k

Fintech Labs Insights

Just out of stealth, Seattle-based fintech startup Secure Save is on the winning side of all these trends. They provide the software and services for businesses to establish and manage a so-called Emergency Savings Plan (ESP). Unicorn watch : Who will be the first fintech founded in 2019 or 2020 to become a unicorn?

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Finovate Debuts: DAVO Aims to Automate Sales Tax the Way ADP Automated Payroll

Fintech Labs Insights

DAVO debuted DAVO Sales Tax at FinovateFall 2015 in New York. The system works on retailers’ behalf by daily impounding sales tax from the merchant’s point-of-sale system. The Maine-based company then automatically files and pays their monthly taxes. Metrics: Founded: 2011. million in funding. 6 employees.

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Xero TaxTouch is Tinder for the Gig Economy’s Taxes

Fintech Labs Insights

The app, Xero TaxTouch aims to help self-employed workers track business expenses and manage their business-related tax deductions. It also tracks estimated taxes and generates a report to help users prepare a Schedule C document to send to their Xero tax accounting professional (if they have one).

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The 40 Fintech Graduates from Y Combinator (YC)

Fintech Labs Insights

Fintech (note 1) has been part of YC from the beginning. The first class (Summer 2005) included one fintech startup, TextPayMe, among the eight companies. But as YC grew from 2005 to 2009, the number of fintech companies stayed at roughly 1 per year. Pay with with Dwolla or Bitcoin, and manage all your orders in one place.

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Get Your VAT Back: Xpenditure to Help Reclaim International VAT Refunds

Fintech Labs Insights

Near the top of the list of expense reporting and reimbursement headaches for international travelers is the value-added tax, or VAT. And courtesy of a new partnership with Luxembourg’s VAT IT, Belgian expense management solution provider Xpenditure is here to help. million Series A in the fall of 2015.

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