Essential Products Inc., co-founded by Android creator Andy Rubin, will reportedly go up for sale, and has even received interest from one potential buyer. According to Bloomberg, the company has hired Credit Suisse Group AG to advise on a potential sale. The startup, part of...
As noted in last week’s PYMNTS Gig Economy Index, 35 percent of today’s workforce participates in the gig economy, and that number could swell to as many as 50 percent over the next two years. The gig economy has become a $1.4 trillion business by...
A few years back, when Emailage was one of the first companies to talk about the importance of the email layer in risk assessment. The conversation has changed since then — most notably, through the addition of many more voices. “We’re seeing a major paradigm shift...
Legacy systems can be a problem across the board in the payments industry, and corporate deposits are no different. Many of the remote deposit capture (RDC) systems in place today have been around for 15 years or longer. Dave Wilson, Founder and Chief Architect at...
In the homeowners’ association (HOA) vertical, more than 70 percent of property vendor payments are still made via paper check. Granted, it’s a highly nuanced vertical, so building a solution to automate those payments is complicated – it must be configurable to each HOA’s individual...
Validating tax information to comply with the IRS: sounds like a no-brainer, something every business and finance organization would simply take for granted and have to do. However, according to a recent study by Tipalti and Gatepoint Research, 30 percent of companies aren’t validating tax...
According to John Chambers, former chief executive of networking giant Cisco Systems, if the U.S. wants to continue to be a technological innovation leader, the government is going to have to step up its efforts to support startups in the country. In a CNBC interview, Chamber argued that...
Many organizations have recognized the value of automation for delivering cost savings, but not all of them have realized that it also creates opportunities for profits — both financial and social. Mariam Dombrovskaja, Chargehound, says there’s considerable potential for both. “Anybody who sells anything online...
Sometimes, being a startup is about fixing the problem no one else will fix. Other times, it’s about improving on existing solutions to make something even better. Here’s what’s been happening in the startup world this month. Tipalti Following the receipt of its NetSuite certification,...