GoDaddy introduced GoDaddy Capital 1, a merchant cash advance program that puts up to $1 million in the hands of small- and medium-sized businesses in as little as 24 hours. Available only to GoDaddy Payments users, the new offering lets small businesses pay down the advance through a fixed percentage of each day’s sales, giving them one streamlined platform to take payments, manage cash flow and secure working capital. Businesses can review several offers of $500 to $1 million based on their monthly sales, and decide which is best for their business goals. Once approved, business owners will get funded in as little as 24 hours.GoDaddy Capital empowers small businesses through: Built-in flexible payments help business owners easily balance budgets and grow manageably, which is especially important for seasonal businesses; Quickly getting funded can unlock businesses’ ability to buy more inventory or upgrade their equipment, broaden their market reach, drive operational success, or boost their cash flow to support long-term growth; Having access to capital within their GoDaddy dashboard saves businesses time by having one place to accomplish everything. Kasturi Mudulodu, president of Commerce at GoDaddy said “When a business needs a small, quick infusion of capital, banks call it ‘too small,’ drown owners in paperwork, and demand rigid payment terms. To make financing simple and intuitive for small businesses, we built GoDaddy Capital right into the GoDaddy dashboard. GoDaddy Capital provides quick, variable-size funding and gives businesses the ability to adjust payments on the cash advance based on their success.”
Zil Money transforms spending control with AI-powered virtual card features- to automate receipt categorization, analyze transaction data, and generate actionable reports within seconds
Zil Money, a leading fintech solution, has introduced two innovative features in its Virtual Card suite: AI-powered receipt parsing and automated spending analysis reports. These features are designed to provide businesses with real-time insights and complete control over their expenses. Businesses can now automatically track spending, with detailed breakdowns by category, merchant, and more, offering unparalleled visibility into financial transactions. Following the introduction of its Virtual Card, Zil Money has empowered users to create an unlimited number of cards instantly, set customized spending limits, and easily manage expenses. Businesses have reported significant improvements in efficiency, particularly in areas like vendor payments, employee reimbursements, and subscription management. These features automate receipt categorization, analyze transaction data, and generate actionable reports within seconds. With real-time analysis, businesses can instantly verify transactions, categorize purchases, and gain valuable insights, streamlining expense management. This innovation reinforces Zil Money’s commitment to delivering cutting-edge tools that empower smarter financial decisions.
Visa Direct plugs into Authvia’s TXT2PAY for real‑time outbound disbursements so refunds, settlements, incentives, and reimbursements arrive to eligible Visa debit cards within a messaging thread
Authvia has integrated Visa Direct, Visa’s real-time money movement platform, into its TXT2PAY® solution. Leveraging the combined technology of Authvia and Visa Direct, which facilitates the delivery of funds directly to eligible Visa debit cards in real-time, Authvia is enabling real-time disbursements across industries like healthcare, automotive services, insurance, and gig economy platforms through a single text message. Through this integration, Authvia has expanded its TXT2PAY capabilities to include real-time outbound payouts to eligible Visa cards in select markets, enabling businesses to issue refunds, insurance settlements, payments, incentives, and reimbursements to consumers without requiring physical checks, apps, or portal logins. Using Authvia’s patented messaging commerce platform, recipients can verify their identity, confirm payout details, and, for eligible Visa card transactions, typically receive funds in real time—all within a familiar messaging thread.
Cross River and Sightline launch a DDA( demand deposit account)‑powered Visa debit card for gamers with budget control and instant access to FDIC insured funds, while operators get a unified, lower‑cost payments flow
Sightline Payments in collaboration with Cross River Bank has created a first-of-its-kind solution for the gaming industry, Sightline Debit. The innovative solution creates a frictionless, customer-centric experience that streamlines both spending and wagering. This not only lowers payment costs for operators by minimizing the constant churn cycle of withdrawals and deposits, it also gives patrons access to their own funds anytime, anywhere, and in any way, in their own personal FDIC insured bank account. Assuming broad adoption of Sightline Debit across the industry, churn of money is anticipated to decline by 40%, saving the digital gaming industry about $700 million a year. Sightline’s new debit solution reimagines the gaming payment ecosystem—redefining where funds are stored and how transactions are authorized through a demand deposit account (DDA) at Cross River. Customers gain greater control over their money, with the ability to spend securely and seamlessly using a debit card issued by Cross River on the VISA network—putting choice, flexibility, and financial empowerment directly in their hands. In addition, by having segregated funds meant for gaming activity, patrons are more closely able to adhere to their gaming budget, promoting responsible gambling. With Cross River’s cutting-edge financial infrastructure utilizing VISA’s trusted global payments network, Sightline Debit redefines how operators manage transactions, how patrons access their funds, and how the gaming industry approaches payments altogether.
Instant Financial and Payouts Network enable real‑time, direct‑to‑bank earned wage transfers, letting employees move pay to their existing accounts with clear confirmations and immediate access
Instant Financial (Instant), and Payouts Network, the modern B2C payments platform that transforms consumer experiences, announced a new capability that lets employees move earned wages to their existing bank accounts in real-time. The update, delivered through Instant Pay, Instant’s EWA solution and enabled by Payouts Network’s real-time payouts technology, gives workers more choice and helps employers deliver a better pay experience. By routing wages directly to a worker’s preferred account, the companies aim to make access to earned pay faster, clearer and easier to manage. What’s new and why it matters: Direct-to-bank transfers of earned wages to an employee’s own account; Real-time movement of earned wages, reducing wait time and workarounds. “Getting paid should be simple and fast. With Instant, employees can send earned pay straight to the bank account they already use—in real-time—so payday feels straightforward and in their control,” said Keith Smith, CEO of Payouts Network. Instant’s EWA solution lets employees see and access wages they’ve already earned whenever they want. With Payouts Network enabling the transfer, workers can route those funds directly to their preferred bank account with clear confirmation and visibility into each transfer. “In partnership with Payouts Network, employees can move their money when and how they want—direct to the bank account they already use, in real-time, so employees can use funds right away,” said Tal Clark, CEO of Instant Financial.
Google Play Store adds ‘auto‑open when ready’: a default‑off toggle that launches new apps after install with a 5‑second countdown users can cancel
The Play Store will now allow users to “auto-open” new apps as they’re downloaded to their Android devices, as the functionality is rolling out widely this week. In what could be a handy option for idle app installs, the Play Store’s new “auto-open when ready” toggle will open up the application as soon as it’s fully installed. The new toggle appears beneath the install progress bar as soon as the install is started. It is turned off by default. When activated, the feature indeed opens the app automatically, but not quite as soon as it’s installed. Rather, you get a notification with a 5-second countdown before the app opens, giving you the chance to stop that process if needed. That might be helpful if the app you’ve chosen to auto-open is a game that took a while to download. The clear use-cases for this include the likes of downloading an app for travel, a restaurant, or somewhere else that you need to go into it immediately but where the download might take a moment. This new process means you can jump back to a message or something else while you wait.
Ripple and Circle backs Tazapay which provides local collections and payouts in 70+ markets, institutional‑grade compliance, and a robust fiat–stablecoin bridge powering faster cross‑border settlement
Tazapay announced the successful close of its Series B funding round with investment from Peak XV Partners, Ripple (US), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan). Existing investor Peak XV Partners led the round and 2 other existing investors January Capital and ARC180 joined the round. Tazapay provides seamless local collection and payout capabilities in over 70 markets, supporting a growing base of global enterprises and platforms across industries. Tazapay processes more than $10 billion in annualized payment volume, has reached operational breakeven, and is growing at 300% year-over-year. Tazapay has a differentiated and cutting-edge product offering that our clients value for its breadth and depth. The platform delivers comprehensive coverage across alternative payment methods, cards, virtual bank accounts ,payouts and stablecoins. Combined with institutional-grade security and compliance across multiple jurisdictions, and a robust fiat bridge for stablecoin settlements in emerging markets, Tazapay offers an unparalleled solution for global businesses. The company is already licensed in Singapore, Canada, and the EU, and will use the new funding to accelerate its licensing roadmap across key global markets. Applications are underway for licenses in the UAE, US, Hong Kong, Australia, and for a Digital Payment Token (DPT) license in Singapore. The investments from Ripple and Circle, two of the world’s most prominent players in blockchain-based and stablecoin-powered payments infrastructure, reinforce Tazapay’s role in connecting traditional finance with the evolving world of digital currencies.
Insurance carriers can embed FedNow for always‑on claim payouts, reducing manual processes and check costs while offering policyholders digital choice and immediate access to funds after covered events
The FedNow® Service can offer insurance carriers the ability to instantly send final and irrevocable funds 24x7x365, creating an opportunity to modernize the policyholder experience, thus growing satisfaction and enhancing loyalty. This resource describes the advantages of transferring funds with instant payments, and outlines next steps for insurance carriers, service providers and financial institutions. Benefits of instant payment innovation in the P&C insurance space: Facilitating instant payouts for approved claims can get customers money and repairs quickly, bolster relationships, and improve business processes for insurance carriers across the space. Accelerate payouts with instant availability of much-needed funds • Instant payouts give insurance policyholders immediate access to funds they need for projects like urgent home or car repairs after an accident • Instant payments streamline transactions for the estimated 50% of approved claim payouts that go to businesses or vendors9, helping them get paid and get to work more quickly Improve relationships with customers in ways that increase satisfaction and boost retention • Policyholders can get paid using the payment method of their choice, which could appeal to customers who prefer digital payments • Better claim experiences drive customer satisfaction, in turn encouraging them to renew their policies or recommend their providers • Instant payouts can help insurers stand out in a crowded market with fast digitization and increasing competition Update analog systems and manual processes to cut costs • Instant payments can reduce reliance on inefficient and potentially risky checks, which still make up considerable shares of payouts • Instant payment methods can lower costs relative to other payment methods by cutting down on transaction fees, which in turn can offset rising industry-wide claims costs10 • New payment methods in the claims experience can accompany broader digital transformation initiatives across the industry • Routing insurance payouts to demand deposit accounts (DDAs) can help financial institutions grow balances and transaction volume.
German banks briefly blocked more than €10B in PayPal direct-debit payments after flagging millions of suspicious debits
German banks blocked PayPal payments totalling more than 10 billion euros ($11.7 billion) over fraud concerns, the Sueddeutsche Zeitung newspaper reported. The payments were halted on Monday after lenders flagged millions of suspicious direct debits from PayPal that appeared last week, the newspaper said. A PayPal spokesperson said a temporary service interruption had affected “certain transactions from our banking partners and potentially their customers”, but that the issue had now been resolved. A banking source, who spoke on condition of anonymity, told the value of payments stopped by banks fell somewhere between hundreds of millions and billions of euros. PayPal has a security system that usually filters out scams trying to extract money from banks. But the Sueddeutsche Zeitung said that system was either completely or largely disrupted late last week, meaning the payments app was sending unvetted direct debits to banks. Germany’s Savings Banks and Giro Association, representing more than 300 local savings banks and financial service providers, said that instances of unauthorised direct debits from PayPal had a “significant impact on payment transactions” throughout Europe, and particularly in Germany. The association added that PayPal transactions for customers at Sparkasse banks were operating normally as of early on Tuesday and said supervisory authorities had been informed of the incidents.
Thunes expands blockchain rails using Ripple payments to boost real time local currency withdrawals, broaden currency coverage and enhance its treasury system for institutional cross border flows
Thunes, the Smart Superhighway to move money around the world, and Ripple, the provider of digital asset infrastructure for financial institutions, have announced an expanded partnership to transform cross-border payments globally. Thunes has integrated blockchain and digital asset technologies to enhance its Direct Global Network. By leveraging Thunes’s proprietary Network with Ripple’s blockchain-powered payments solutions, the two companies are driving more efficient and accessible cross-border payments for financial institutions and businesses around the world. Ripple’s enterprise customers can withdraw funds more easily in new currencies and countries, further enhancing their global payment capabilities. Thunes ensures dependable real-time payouts in local currencies through its Direct Global Network and plays a key role in facilitating ‘last-mile’ delivery in regions with limited banking infrastructure. The partnership will enhance the reach and efficiency of its Network, providing businesses and end users with fast, secure, and accessible financial services. Thunes is also utilizing Ripple Payments to enhance its SmartX Treasury System.