摘要: In today’s top news in digital-first banking, Cashplus received an unrestricted banking license from the Prudential Regulation Authority, while GajiGesa Indonesia has notched $2.5 million in a seed round. Plus, Stash is closing a $125 million Series G Eldridge-led funding round.
摘要: There were all kinds of questions in the public sphere as the second round of stimulus checks went out in early 2021. Would consumers actually spend them as intended, or would those stimulus dollars flow into savings accounts and toward paying off debt as so much of the first $1,200 round had? Was it not enough money? Was it too much money? Did the right people get it? Would the payout be smoother the second time through?
摘要: Many businesses have found paper checks difficult to manage during the pandemic and have sought out alternative payment approaches to better suit their needs. Firms have increasingly turned their attention to accounts payable (AP) and accounts receivable (AR) digitization and automation efforts that can move money faster and with less manual intervention. Some companies are embracing account-to-account (A2A) payments, which transfer money between buyers’ and vendors’ bank accounts, to give them the speed they need.