Sections
Intuit
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B2B PaymentsIntuit Posts 8 Pct Q3 Revenue Hit
Intuit, the maker of financial software TurboTax, QuickBooks and Mint, is posting an 8 percent decline in revenue, pointing in a statement...
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Digital BankingFinTech Faces Hurdles Making SBA Loans
PayPal Holdings Inc., Square Inc. and Intuit Inc., three California technology companies, all wanted a piece of the federal government’s $350 billion loan...
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B2B PaymentsIntuit, CPAs Want SMB Relief Funneled Via Payroll Processors
The American Institute of CPAs (AICPA) has petitioned President Donald Trump to enact a faster system of payment for small- to medium-sized...
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SMBsIntuit And GoFundMe Team Up On Small Business Relief Fund
Fundraising platform GoFundMe and Intuit QuickBooks have teamed up on an initiative to help small- and medium-sized businesses (SMBs) raise money while...
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AcquiringIntuit Eyes Buying Credit Sesame, NerdWallet And Finicity
Intuit, the tax software company best known as being the enterprise behind QuickBooks and TurboTax, is looking into acquiring FinTech Finicity, according...
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B2B PaymentsQuickBooks Deepens PayPal Integration For SMB Payments
QuickBooks Connect, an event planned this week in London, was canceled due to the coronavirus, so parent company Intuit has released information...
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NewsToday In Payments: Apple Parts Maker Foxconn Back To Work In China; Two Chinese Nationals Laundered $100M In Crypto
In today’s top news, Apple manufacturer and supplier Foxconn has returned to production, the Department of Justice charged two Chinese nationals with...
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B2B PaymentsVisa, Intuit Partner For India SMB Services
Intuit QuickBooks is forging a new agreement with Visa to fortify its strategy for small and medium-sized business (SMB) customers in India,...
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AcquiringIntuit Bid For Credit Karma Triggers Antitrust Worries
Intuit’s TurboTax announced on Monday (March 2) that it is buying personal finance website Credit Karma for about $7.1 billion in cash...
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NewsIntuit’s Credit Karma Deal, Buy Buttons, Restaurant Apps Top This Week’s News
It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest...
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NewsToday In Payments: Amazon Widens Presence With Cashierless Grocery Stores; Revolut Raises $500M
In today’s top payments news, Amazon opened its first cashierless grocery store, Revolut raised $500 million and aims to reach profitability by...
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Partnerships / AcquisitionsIntuit Buys Credit Karma For $7.1B
Intuit closed a deal to buy Credit Karma for a price tag of $7.1 billion on Monday (Feb. 24), according to published...
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NewsToday In Payments: Intuit To Buy Credit Karma; JPMorgan To Open UK Digital Bank
In today’s top news, TurboTax creator Intuit is reportedly buying Credit Karma, and JPMorgan Chase is looking to open a digital bank...
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Partnerships / AcquisitionsIntuit Reportedly Set To Spend $7B To Buy Credit Karma
Intuit is close to finishing a deal to buy personal finance portal Credit Karma for around $7 billion in both cash and stock,...
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B2B PaymentsQuickBooks Releases Expanded Payroll Services Suite
The company behind QuickBooks, Intuit, announced it is releasing an expanded suite of online payroll offerings to help small to medium-sized businesses...
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Partnerships / AcquisitionsRevolut To Extend Open Banking APIs To QuickBooks Users
Revolut for Business will now allow businesses registered in the U.K. to make a direct and secure connection into the Intuit QuickBooks...
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NewsFacebook’s Libra, Uber Losses, Instant Deposits Top Week’s News
It’s never quite a slow week in the world of payments and commerce, and the newest edition of the PYMNTS Weekender is...
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NewsTop News In Payments: Libra Fears Grow; Uber-IPO Impact Spreads; And SMBs Get Faster Payments
Today’s payment news roundup includes a look at more fears and concerns around Libra, the spreading losses related to Uber and WeWork,...
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CashVisa, Intuit Launch Instant Deposit For SMBs
Cash flow is that thing that can keep a business owner or executive up at night — and night after night, after...
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SMBsQuickBooks Adds Employee Benefits Into Online Payroll
QuickBooks Online Payroll customers can now use the payroll platform to offer employees healthcare benefits, the company reported on Tuesday (Aug. 27)...
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PersonnelEarly Warning Names Former Intuit Exec As CEO
Early Warning Services, the bank-owned operator of peer-to-peer payments app Zelle, announced Thursday (May 30) it has named Albert “Al” Ko as...
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B2B PaymentsIntuit, ADP Strengthen Cross-Platform Integration
Human capital management solution provider ADP is deepening its integration with Intuit’s small business accounting platform, QuickBooks, to streamline data connectivity between...
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TaxesLawmakers Want FTC To Investigate H&R Block, TurboTax
H&R Block and Intuit, the maker of TurboTax software, are facing calls from lawmakers for the Internal Revenue Service to cancel agreements...
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MastercardMastercard Launches New SMB Card Rewards
The main challenge of designing a holistic solution for the small business (SMB) community is that it’s a diverse segment, making it...
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MastercardMastercard Rolls Out Small Business Programs, Partners With Intuit
Mastercard has announced the launch of new small business programs available across Mastercard Business and World Elite offerings. The programs will include...
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B2B PaymentsQuickBooks Enables Next Day ACH Payments For SMBs
Intuit’s QuickBooks is introducing a new feature designed to accelerate payments and cash flow for small businesses. In a press release today...
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Data DiveStops, Starts And Never Was Edition: Intuit, Zillow And Amazon
Followers of the regular news cycle will note that between the action on Capitol Hill and in North Korea, the flow of...
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Security & FraudIntuit Denies Data Breach At TurboTax
Intuit, the parent of TurboTax, is denying a report from the Dark Reading blog Monday (February 26) that TurboTax suffered a breach...
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EarningsGreen Dot Eyes Banking-As-A-Service, Gen Z To Build On Q4 Growth
Financial technology firm Green Dot, which made its name on its prepaid debit card solutions, is ramping up its focus on Banking-as-a-Service...
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B2B PaymentsIntuit Study: A Third Of Small Businesses Grapple With Late Payments
Cash flow is steady when accounts payable and accounts receivable are well managed. Hiccups in accounts receivable — such as not getting paid...
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B2B PaymentsCash Flow A Tough Lesson To Learn For SMBs
Small businesses (SMBs) are often called the lifeblood of the economy. As it were, cash flow is the lifeblood of the small...
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B2B PaymentsQuickBooks Leads Intuit’s FY19 Q1 As CEO Prepares To Step Down
The first quarter of fiscal year 2019 was a strong one for Intuit, which posted its earnings data Monday (Nov. 19). The...
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B2B PaymentsADP Enhances QuickBooks Payroll Integration
Payroll technology firm ADP is strengthening its integration into Intuit‘s QuickBooks platform, the company said Thursday (Nov. 1). An expansion of its...
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Partnerships / AcquisitionsLending Club, Intuit Pair To Streamline Consumer Loan Applications
Intuit is set to offer an easier consumer loan application process and personalized financial advice through partnerships with Lending Club and Wealthfront....
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B2B PaymentsIntuit Eyes AI To Keep High-Growth Businesses On QuickBooks
Intuit is introducing a new solution for businesses that deploys data aggregated from QuickBooks to provide enhanced analytics and insights for its...
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B2B PaymentsIntuit On Why Small Biz Can Lead The Way For B2B Payments Change
People learn to live with their messes, whether that means piles of old clothes stuffed into the closet, emotional baggage from high...
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Consumer FinanceIntuit’s Mint Updates iOS App With Data-Driven Insights
To offer users actionable advice, Intuit’s Mint is updating its personal finance iOS Mint app with added benefits, new design features and...
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PersonnelIntuit CEO To Relinquish Role By The End Of The Year
Intuit announced Thursday (August 24) that Brad Smith, the company’s chief executive, will relinquish his role as CEO later in 2018. The...
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B2B PaymentsLabor Woes Haven’t Derailed Entrepreneurs’ Optimism
The talk on Main Street these days is all about record-high levels of optimism among small business (SMB) owners. However, with entrepreneurs...
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B2B PaymentsIntuit Secures Bitcoin Payment Patent
Business software company Intuit has secured a patent for bitcoin payment processing, according to Coindesk reports on Thursday (Aug. 9). The U.S....
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B2B PaymentsAs AI Enters The SMB Community, Cloud Adoption Still Lags
Whether robots will take our jobs or take over the mundane tasks for humans to shift to more strategic operations, one thing...
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Safety and SecurityGoogle And Apple Absent From Cybersecurity Tech Accord That Facebook And Microsoft Signed
Technology companies are making the pledge to protect customers from cyberattacks, as well as making sure they don’t help governments advance their...
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TaxesIRS Experiences ‘Technical Difficulties’ On Tax Day
While Americans rush to file their taxes this Tax Day, some computer systems at the Internal Revenue Service (IRS) are “experiencing technical...
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GoogleGoogle Gets Into eInvoicing
Invoicing for small businesses (SMBs) just got easier: Gmail now supports integrated eInvoicing using Intuit tools. In addition, the Google Calendar mobile...
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EarningsQuickBooks Fuels Growth As Intuit Surpasses Q1 Targets
Intuit announced its Q1 FY2018 earnings this week, posting better-than-expected results for the firm and highlighting growth fueled by QuickBooks. “We are...
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B2B PaymentsIntuit CEO Says Accountants Must Get On Board With AI
Brad Smith, CEO of enterprise software firm Intuit, is warning accountants that they must embrace artificial intelligence (AI) in their professions or...
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B2B PaymentsIntuit Makes Use Of QuickBooks Data For SMB Loans
Intuit-operated QuickBooks has dabbled in small- and medium-sized business (SMB) financing in the past, but an announcement made Tuesday (Nov. 7) reveals...
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B2B PaymentsIntuit Targets Faster SMB Payments With QuickBooks Update
Intuit is adding a new service for its small business (SMB) users of accounting solution QuickBooks. The company announced news on Wednesday (Oct....
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B2B PaymentsHSBC Links To SMB Accounting Platforms Via Data Feeds
HSBC is launching a new solution to facilitate the flow of bank account data into small business accounting platforms and has enlisted...
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GoogleGoogle Tracker: Making Allies And Enemies
ExpensiveWall A massive malware campaign infiltrated Google Play last week, sending fraudulent text messages and charging up to 21 million people for...
