Mobile payments

The new law requires digital apps and online marketplaces to send a tax form to both the IRS and a recipient who receives $600 or more a year in online payments.

Wirecard suffered one of the worst stock slumps in the history of Germany’s benchmark index after revealing that about 1.9 billion euros ($2.1 billion) in cash has gone missing, spooking investors who have endured years of allegations of wrongdoing at the payments company.

Wave Money integrates with Wave’s financial management software for a full money management experience.

Hundreds of new tools for small businesses, the rise of ransomware, and eight other recent technology developments you may have missed.

The platform offers accounting, payments and invoicing functionality.

QuickBooks Connect 2019 didn’t arrive with any big product releases or company news. Instead, Intuit discussed injecting artificial intelligence into its existing products, and adding capabilities to the QuickBooks suite.

The new suite that leverages artificial intelligence for end-to-end financial workflow automation.

ADP has added two new products to its Wisely by ADP platform, which provides a prepaid card for payments.

The executive joins the company from a lead sales role at Uber Eats.

Invoiced upgrades A/R software, Workiva and Broadridge partner, and ViViPay signs on a new customer.

Building a cohesive suite of apps for your accounting practice can save a lot of time and automate much of an office’s workflow.

Accountants should expect to see an uptick in digital payments in the coming year.

Accountant Allan Ratafia was tired of absorbing payment processing fees on client payments — so he built an app.

The payments company also launched a free webinar series for firms and their clients.

People don’t typically think of research and development when they think of banks, retailers, brokers, insurance companies, hedge funds and financial service companies. However, many of these companies have large IT departments that are developing software for their own operations.

The payment automation company will offer exclusive savings, training and support for partners and their clients.

The program now offers services, resources and technology tailored to large firms, as well as the features it offered before for small and midsized firms.

The startup has also updated its website with a simpler interface, and now offers 24/7 customer support.

The Mastercards can be whitelabeled so firms can offer the product to their clients.

Embracing technology can help small business owners serve customers better, make better decisions and grow more efficiently.