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#fintech

FinTech

Explore financial technology innovations and digital banking solutions

Pay by Bank: How Open Banking Invoice Payments Cut Card Fees for Small Businesses
·mike

Pay by Bank: How Open Banking Invoice Payments Cut Card Fees for Small Businesses

Sage and GoCardless's new "Pay by Bank" invoicing feature cuts small-business transaction costs by roughly 54% versus card payments by moving money directly bank-to-bank, and QuickBooks and Stripe already offer similar ACH-based alternatives in the US.

payments
fintech
invoicing
B2B Buy Now, Pay Later: How Embedded Net Terms Are Changing Cash Flow for Small Business Suppliers
·mike

B2B Buy Now, Pay Later: How Embedded Net Terms Are Changing Cash Flow for Small Business Suppliers

B2B BNPL providers pay suppliers 100% of invoice value up front while buyers keep their net-30 to net-90 terms, moving default risk off the supplier's books. With bad debt averaging ~8% of credit sales and the market projected to grow from $204 billion in 2025 to $466 billion by 2030, here's how the model works, what it costs, and how to record financed invoices correctly.

cash-flow
accounts-receivable
bad-debt
Is FP&A Software Dead? What Datarails' FinanceOS Bet Says About AI and Your Spreadsheets
·mike

Is FP&A Software Dead? What Datarails' FinanceOS Bet Says About AI and Your Spreadsheets

94% of business spreadsheets contain critical errors, yet finance teams are handing them to AI assistants — a 2025 benchmark found 91% report low impact from AI tools. Datarails' FinanceOS bets the fix is governed data, not better models; here's what AI-ready books require at any company size.

ai
fintech
financial-planning
Know Your Business (KYB): What Banks Actually Require to Open a Business Account in 2026
·mike

Know Your Business (KYB): What Banks Actually Require to Open a Business Account in 2026

FinCEN's 2025 rule change exempted domestic U.S. companies from filing beneficial ownership reports with the government, but banks still must verify beneficial owners under the CDD Rule at account opening — a one-time cost per bank since February 2026's exceptive relief, not a repeat process for every new account.

banking
compliance
business-structure
FedNow and Instant Payments Are Changing Small Business Treasury: What ISO 20022 Means for Your Books in 2026
·mike

FedNow and Instant Payments Are Changing Small Business Treasury: What ISO 20022 Means for Your Books in 2026

FedNow and RTP now reach roughly 75% of U.S. bank accounts, settling payments in seconds, 24/7/365, with a $10 million network transaction limit. This guide explains how ISO 20022 structured remittance data changes invoice matching and reconciliation, why irrevocable instant payments demand wire-transfer-level fraud controls, and what small businesses should ask their bank and accounting software in 2026.

payments
banking
fintech
FDIC Insurance and Payroll Accounts: A Small Business Guide to the Main Street Depositor Protection Act
·mike

FDIC Insurance and Payroll Accounts: A Small Business Guide to the Main Street Depositor Protection Act

The Main Street Depositor Protection Act (S. 4198) would raise FDIC coverage for noninterest-bearing business payroll accounts to between $250,000 and $5 million, up from today's flat $250,000 limit, but the bill had not passed Congress as of March 2026.

banking
payroll
small-business
Robinhood Q1 2026 Earnings: Prediction Markets Just Overtook Crypto — and the Stock Got Punished Anyway
·mike

Robinhood Q1 2026 Earnings: Prediction Markets Just Overtook Crypto — and the Stock Got Punished Anyway

Robinhood's Q1 2026 revenue grew 15% to $1.07 billion and missed consensus, as a 47% collapse in crypto revenue was nearly offset by 320% growth in event-contracts (prediction market) revenue, which overtook crypto as a transaction-revenue line for the first time.

financial-reporting
financial-management
beancount
Xero's JAX AI Now Lives Inside Excel, Outlook, and Teams
·mike

Xero's JAX AI Now Lives Inside Excel, Outlook, and Teams

Xero's JAX AI agent enters Microsoft 365 Copilot in public preview August 2026, bringing live accounting data into Excel tables and Copilot Chat while keeping data session-only and excluded from AI model training.

accounting-software
ai
automation
Bill.com vs. Melio vs. Ramp: Which AP Tool Fits Your Business?
·mike

Bill.com vs. Melio vs. Ramp: Which AP Tool Fits Your Business?

A side-by-side comparison of Bill.com, Melio, and Ramp for accounts-payable automation — pricing, ERP integrations, AI invoice coding, and which tool fits businesses by invoice volume and approval complexity.

accounts-payable
fintech
small-business
B2B "Buy Now, Pay Later": How Net-Terms Financing Lets Small Suppliers Offer Credit Without Eating the Risk
·mike

B2B "Buy Now, Pay Later": How Net-Terms Financing Lets Small Suppliers Offer Credit Without Eating the Risk

B2B Buy Now, Pay Later platforms pay suppliers upfront on Net 30/60/90 invoices and take on non-recourse collection risk, with transaction volume around $14 billion in 2023 forecast to grow at over 25% annually through 2030.

fintech
cash-flow
accounts-receivable
Congress Killed the $5 Overdraft Fee Cap. Here's What It Actually Costs Your Business Now
·mike

Congress Killed the $5 Overdraft Fee Cap. Here's What It Actually Costs Your Business Now

Congress repealed the CFPB's $5 overdraft fee cap via the Congressional Review Act in May 2025, before it ever took effect — large banks now charge $10 to $36 per overdraft and collected over $12 billion in overdraft and NSF revenue in a year. Here's what the repeal means for small business bank accounts, which states are stepping in, and five concrete ways to stop paying the fee.

banking
business-banking
small-business
Dynamic Currency Conversion: The Hidden 3-7% Checkout Fee and How to Account for It
·mike

Dynamic Currency Conversion: The Hidden 3-7% Checkout Fee and How to Account for It

Dynamic currency conversion (DCC) marks up foreign-card payments 3-7% above the interbank rate — sometimes 12-18% — and splits the revenue among DCC providers, acquirers, and merchants. Here is who profits, the Visa/Mastercard disclosure rules merchants must follow, and how to book DCC rebates and settlement variances separately from sales revenue.

payments
e-commerce
multi-currency
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