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Novo announces Novo Payroll for small businesses

News | Payments General | 26 Jan 2024

Novo has announced Novo Payroll, a payroll solution that is fully integrated into Novo’s platform of small business banking, budgeting, and working capital solutions. 

SMEs, payments , API, tax bill, product launch, financial services

Tonik Financial to acquire TendoPay

News | Payments General | 05 Dec 2022

Tonik Financial has entered into an agreement with Tendo Payment Solutions to acquire its Philippine business, operating under the brand name TendoPay.

acquisition, financial inclusion, financial services, fintech, ACH

Atomic secures USD 40 mln in funding

News | Online & Mobile Banking | 04 Mar 2022

Payroll APIs provider Atomic has raised USD 40 million in Series B funding, five months after announcing its Series A financing, according to TechCrunch.

investment, funding, API, banks, fintech, financial data

Square holds back up to 30 percent of payments made by some SMEs

News | Payments General | 24 Jun 2020

US-based digital payments company Square has recently began withholding between 20% and 30% of the money it collects from some retailers.

Square, SMEs, risky transactions, retailers, chargebacks, withholdings, shoppers, payment processors, Bank of America, coronavirus

MyPayrollHR CEO arrested, charged with bank fraud

News | Digital Identity, Security & Online Fraud | 30 Sep 2019

MyPayrollHR CEO has been arrested and allegedly confessed he absconded USD 35 million in payroll and tax deposits from customers.

MyPayrollHR, bank fraud, FBI, fraud prevention, tax deposits, payroll, check kiting, checks

Tipalti rolls out Cloud OCR to invoice processing workflow

News | E-invoicing, SCF & E-procurement | 21 Oct 2016

Tipalti has announced the addition of Optical Character Recognition (OCR) technology to its invoice processing module.

Tipalti, Cloud OCR, workflow, optical character recognition, supplier, e-invoice, B2B, compliance, remittance, regulatory

Tipalti to launch AP automation platform for businesses

News | E-invoicing, SCF & E-procurement | 26 May 2016

Tipalti has announced the launch of the first ever end-to-end AP automation platform for businesses.

Tipalti, AP automation platform, cloud-based solution

Latin America is at the forefront of electronic invoicing

News | E-invoicing, SCF & E-procurement | 19 Dec 2014

Electronic invoicing is currently in full expansion worldwide, edicomgroup.com reports.

Latin America, electronic, invoicing, electronic invoicing, edicom group, CFDI, Digital Tax Receipt via Internet, e-document, Nota Fiscal Electrónica, Electronic Tax Document, Face, Comprobante Fiscal Electrónico

Mexico: taxpayers required to issue tax withholdings document electronically

News | E-invoicing, SCF & E-procurement | 26 Nov 2014

The SAT, through point I.2.7.5 of the Omnibus Tax Ruling for 2014, establishes the obligation to issue the certificates of retentions (withholdings e-document) for all taxpayers who issue digital invoices online including information on withholdings and payments for tax purposes.

Mexico, taxpayers, tax, withholdings, document, electronically, SAT, Omnibus Tax Ruling, e-document, payments , invoices, online, XML, Authorized, PAC, digital tax stamp