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Galileo, Plaid Integrate To Streamline ACH Transfers

PYMNTS

The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology platforms to connect bank accounts and initiate automated clearing house (ACH) transfers. Plaid is connected to more than 11,000 financial institutions.

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Digit Launches New Savings Bot

PYMNTS

The San Francisco-based company said this will allow users to communicate with the company in a space they are already spending a lot of time. To date, the Digit app — operating on SMS and mobile — has saved users more than $350 million. Another financial service app has launched a chatbot this week.

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FinDEVr Preview: Hyperwallet

Fintech Labs Insights

On October 6 & 7 in San Francisco, 60 companies will present their latest developer tools, tips, and integrations. They will see how building into Hyperwallet’s outbound payments technology will quickly, easily and securely unlock a new world of payout flexibility for independent workers on your platform.

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Xero Partners with Expensify for In-House Expense Management

Fintech Labs Insights

Xero’s decision to use Expensify’s software for in-house receipt and expense management is the latest product of the strategic partnership the two fintechs announced last year. ” Founded in 2008 and headquartered in San Francisco, Expensify demonstrated Expensify Invoices at FinovateSpring 2013. .”

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Token Picks Up $18.5 Million to Help Banks Rise to Challenge of PSD2

Fintech Labs Insights

Pictured (left to right): Stefan Weiss (Head of APIs and Open Platforms at Fidor) and Marten Nelson (VP, Marketing, Token) demonstrating Token’s technology at FinovateEurope 2017. Founded in 2015 and headquartered in San Francisco, California, Token presented The Future of Payments Now at FinDEVr Silicon Valley 2015.

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Xero TaxTouch is Tinder for the Gig Economy’s Taxes

Fintech Labs Insights

In the Tinder-like user experience, freelancers separate their expenses by swiping right to file a business expense (see image on left) and swiping left to file a personal one. Xero most recently presented at FinDEVr San Francisco 2014 , where David Pollock, the company’s Head of U.S. million U.S. freelance workers.

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Advisor Software Launches Robo-Advisor Platform, ASI Digital Advisor

Fintech Labs Insights

The technology , announced at the TD Ameritrade National LINC conference in Florida, makes it easier for wealth managers and financial advisors to begin providing their clients with automated digital investment advice. Advisor Software introduced its new, white-label, robo-advisor platform, ASI Digital Advisor , this week.