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Nymbus | March 31, 2020
Florida-based digital and core banking solution provider Nymbus has launched a new programme to help financial institutions faster process the loans US government is entrusting them to distribute to small businesses as part of its coronavirus relief package. As part of the $2 trillion Coronavirus Aid, Relief and Economic Recovery (CARES) Act, US president Donald Trump has set aside $349 billion for Small Business Administration (SBA) ‘Paycheck Protection’ loans. These are designed to...
FINTECH
Sensibill | September 28, 2021
Sensibill, the only customer data platform designed specifically for the financial services industry, today announced the launch of its Invoice Extraction API. Sensibill has expanded its industry-leading extraction services beyond its Receipt Extraction API to include invoices, offering another source of customer data for financial services companies. Sensibill’s advanced invoice extraction solution enables small businesses to upload paper and digital invoices seamlessly and...
FINANCIAL MANAGEMENT
Scrypt AI | March 23, 2021
Scrypt AI, a machine learning and artificial intelligence-driven Treasury Management-as-a-Service platform startup, has announced that its Integrated Payables and Receivables platform has now processed thousands of invoices worth more than $1B to its clients, saving its clients 10 to 15 times the previous cost of manual accounts payable workflows. The greater part of all invoices got by businesses in the U.S. today are paper, while the greater part of business-to-business payments...
Stripe | March 26, 2020
Stripe has led a $20 million Series A funding round in San Fransisco-based one-click payments startup Fast. Designed to overcome the problem of shopping card abandonment, Fast Checkout enables consumers to complete purchases with a single click on any browser, platform or device. The product, set to launch in the coming weeks, will complement Fast Login, the company's free-to-use one-click login tool. Fast says it will use the investment to accelerate the global rollout of Fast Checkout and ...
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