A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
Search Payments News
November 21, 2024
On the web
Intuit Launches AI-Powered Intuit Assist for QuickBooks, Giving Millions of Businesses a Competitive Edge
Intuit
September 18, 2024
On the web
Intuit Introduces Intuit Enterprise Suite to Help Businesses Grow, Streamline Operations, and Scale
Intuit
October 16, 2023
On the wires
Intuit Introduces QuickBooks Bill Pay, Expanding Money Platform to Deliver Business-to-Business Payments with AP Automation
Business Wire
September 13, 2023
On the wires
Intuit Introduces QuickBooks Money, a New Subscription-Free Payments and Banking Solution for Small Businesses
Business Wire
January 18, 2023
On the web
Intuit QuickBooks Business Network to Accelerate and Automate B2B Payments for Millions of U.S. Businesses
Intuit
December 6, 2022
On the web
Intuit Quickbooks Online Customers Increase Efficiency With Fully Automated AP And Payment Solution by AvidXchange
AvidXchange
“AvidXchange Holdings, Inc., a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced an invoice-to-pay application programming interface (API) integration with Intuit QuickBooks Online . This new offering provides customers who rely on QuickBooks Online, a fully automated, end-to-end, cloud-based AP and payment solution. Built on the AvidConnect platform, this seamless integration enables automatic syncing of accounting codes, vendor information, invoices and payments via combined AvidInvoice, AvidPay and QuickBooks Online technology. This helps customers with complex needs, especially those who have outgrown their AP solution provider or processes, save time spent on manually handling these crucial AP tasks.”
December 1, 2022
On the wires
Intuit to Acquire Financial Health Startup SeedFi
Businesswire
“Intuit, the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today it has entered into an agreement to acquire SeedFi, the partner behind Credit Karma’s Credit Builder1, which helps low, or no-credit borrowers build credit while saving money, all for free. Credit Builder offers a line of credit and a secured savings account enabling members to build their credit while building up savings. By combining SeedFi’s Credit Builder technology with Credit Karma’s long standing relationships with credit bureaus and others in the credit ecosystem, Intuit will be able to move with greater speed and scale to help Credit Karma members make financial progress. Late last year, Credit Karma entered into a partnership with SeedFi to offer Credit Builder to its members, enabling them to make regular payments, starting with as little as $20 per month or $10 per paycheck. By reporting these payments to the credit bureaus, members took steps toward improving their financial health. Through this partnership, members increased their score by an average of 21 points in as little as 30 to 45 days2 and built up over $10 million in savings. This acquisition will enable Credit Karma Money to continue to build on that momentum and help put more members on a path to financial security.”
March 29, 2022
On the web
U.S. FTC Accuses Intuit of Deceptively Advertising Free Tax Filing
Reuters
“The U.S. Federal Trade Commission asked a court on Monday to issue an order stopping Intuit (INTU.O) , the owner of TurboTax tax preparation software, from deceptively advertising free tax filing when it requires many people to pay.”
January 27, 2022
On the wires
Intuit QuickBooks Gives Small Businesses and Their Employees Faster Access to Money With Two New Fintech Solutions
“Intuit QuickBooks today announced two new products that provide small businesses and their employees with faster access to their money in an effort to give them greater cash flow flexibility so they can succeed and prosper. With QuickBooks Get Paid Upfront , eligible QuickBooks Online customers can eliminate the wait to be paid on outstanding invoices and put their earned money to work faster. QuickBooks Early Pay will provide eligible employees paid through QuickBooks Online Payroll with the option of instant1 access to money between paydays.”
April 5, 2021
On the wires
Intuit ProConnect Announces Practice Ignition Partnership to Increase Efficiency for Tax Professionals
“Today, Intuit ProConnect , from Intuit Inc. (Nasdaq: INTU), is announcing its partnership with Practice Ignition (PI) to increase productivity for tax professionals. Practice Ignition, an automated proposal and payment management software that eliminates administrative tasks, will work in tandem with Intuit professional tax products, allowing for a better end-to-end workflow for tax professionals.”
March 23, 2021
On the wires
Mint and Rocket Mortgage Introduce Fully Digital Mortgage Solution to Empower Home Buyers
“Today, Intuit’s (Nasdaq: INTU) personal finance app Mint, and Rocket Mortgage – part of Rocket Companies (NYSE: RKT), announced an extension of their partnership where Mint users can get approved to purchase a home entirely digitally, within the Mint app – powered by Rocket Mortgage’s API. This new solution gives homebuyers the ability to go from application to an accurate rate confirmation and an approval in as few as eight minutes, instead of days. Users can complete the entire process in the Mint app and they can easily import information they have already added to their Mint account.”
March 3, 2021
On the web
QuickBooks Launches All-new Business Account
TechRadar
“QuickBooks, the tax and accounting software specialist is launching a new digital payment account aimed at small business owners. The QuickBooks Business Account will be powered by payments-as-a-service fintech Modulr, allowing QuickBooks to offer a one-stop solution that benefits from the latter’s payments infrastructure and taps into its digital payments expertise.”
April 13, 2020
On the web
PayPal, Intuit & Square approved to offer loans to small businesses through coronavirus relief program
TechCrunch
“Fintech companies have been lobbying for weeks to be able to participate in the U.S. government’s emergency lending program for small businesses. Now those efforts have paid off, as PayPal, Intuit and Square have all been approved to participate in the U.S. Small Business Administration’s (SBA) Paycheck Protection Program , which provides aid in the form of forgivable loans for small businesses that keep all employees on their payroll for at least eight weeks. The $350 billion small business loan program is a part of Congress’s $2 trillion coronavirus stimulus package, and is aimed at those businesses with fewer than 500 employees. PayPal on Friday announced it had been”
Payments News
Give us your email address or link to our RSS feed and we’ll push the daily Payments News headlines to you.
Top Stories from Payments News
Glenbrook Payments Boot camp®
Register for the next Glenbrook Payments Boot Camp®
An intensive and comprehensive overview of the payments industry.
Train your Team
Customized, private Payments Boot Camps tailored to meet your team’s unique needs.
OnDemand Modules
Recorded, one-hour videos covering a broad array of payments concepts.
Glenbrook Press
Comprehensive books that detail the systems and innovations shaping the payments industry.