Payments

The Bank of International Settlements announced the successful conclusion of a test between four central banks to transfer central bank digital coins between themselves.

Plus, Bill.com changes branding to just 'Bill'; AltExchange releases Tax Center solution for alternative investments; and other news and updates from the accounting technology world.

Plus, Iris launches an Employee Self Service module for payroll; Replicon releases an automated time tracking solution; and other news from the accounting technology world.

Tassat Group announced the successful testing of its new blockchain-based payments network, which enables B2B payment processing among member banks.

The payment solutions company is allowing a finer degree of control over workflows and spending.

The business payments platform introduced new OCR features to its solutions, allowing for faster automated invoice data entry.

A recent survey found that finance leaders are busy automating back office functions, with accounts payable being the top priority for these upgrades.

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.

Make payment a conscious part of your job.

The eternal progress in technology empowers both fraudsters and those who are looking to catch them.

President Joe Biden said the U.S. will impose sanctions on Russia that will hamper its ability to do business in foreign currencies as President Vladimir Putin’s decision to invade Ukraine sparked the worst security crisis in Europe since World War II.

The smart card is the first ever aimed specifically at the accounting profession.

The tax preparation company, which is building out its own financial services business, says Square's new brand "would improperly capitalize on the goodwill and consumer trust cultivated by [H&R] Block since 1955."

The Treasury Department suddenly softened its plan to track consumer transactions after critics protested that it would target low-income workers.

Upgrade closes $105M Series E funding round, and Gotransverse joins telecomm industry association.

Small business owners have been coping with unpaid invoices and inadequate accounting during the pandemic and needed to cover expenses by selling family heirlooms and other valuables.

The buy will extend Bill.com's global reach.

Lukka appoints CFO, and DigiCert intros e-signature capability to its PKI management solution.

Mass Pay allows businesses to pay up to 500 employees at once with Ethereum-based cryptocurrency tokens.

The global payments platform provider has acquired TaxJar, which makes sales tax software for internet-based businesses.