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Adyen New Zealand lifts fourfold rise in net profit
Fintech

Adyen New Zealand lifts fourfold rise in net profit

Stronger finance income and a shift to positive operating cash flow helped the payments firm lift annual net profit to NZD $1.52 million.

By Karen Joy Bacudo • 4 min read • 6 days ago
Westcon Group NZ lifts profit despite revenue drop
Taxation

Westcon Group NZ lifts profit despite revenue drop

Lower purchasing costs and stronger finance income lifted Westcon Group NZ's annual profit to NZD $9.8 million, even as sales slipped.

By Karen Joy Bacudo • 3 min read • 6 days ago

Global Stories

Cash flow stories

eCapital UK appoints John Nelson as Managing Director
Human Capital Management

eCapital UK appoints John Nelson as Managing Director

Smaller firms seeking cash tied up in invoices are set to get more support as the specialist lender expands and hands day-to-day control to John Nelson.

By Sofiah Nichole Salivio • 4 min read • 3 days ago
Growing bigger and growing more complex are finally being treated as two different things
Software-as-a-Service

Growing bigger and growing more complex are finally being treated as two different things

Australian mid-sized firms may finally get serious accounting tools without paying ERP costs or enduring months of disruption.

By Phillip Vella • 6 min read • 3 days ago
Northern Trust launches banking APIs with NAV first client
Digital Transformation

Northern Trust launches banking APIs with NAV first client

Fund administrators can now pull banking data in real time as Northern Trust's new APIs go live with NAV Fund Services first to adopt them.

By Karen Joy Bacudo • 4 min read • 4 days ago
Oportun launches Smart Bills to help users save for bills
Fintech

Oportun launches Smart Bills to help users save for bills

The new tool steers cash towards rent, utilities and other recurring costs, with early users already setting aside more than USD $14 million.

By Karen Joy Bacudo • 4 min read • 5 days ago
Snap revenue rises 19% as users near 1 billion mark
Wearables

Snap revenue rises 19% as users near 1 billion mark

Snap is edging towards one billion monthly users as advertising and subscription sales help lift quarterly revenue 19% to USD $1.60 billion.

By Karen Joy Bacudo • 4 min read • 5 days ago
World Cup lifts Baselane short-term rental income in host cities 60%
Fintech

World Cup lifts Baselane short-term rental income in host cities 60%

Host-city landlords saw a sharp uplift as tournament demand pushed Baselane customers' short-term rental payouts up 60% year on year.

By Sofiah Nichole Salivio • 4 min read • 6 days ago
Fintech leaders hail digital payments & blockchain
Crypto

Fintech leaders hail digital payments & blockchain

Cross-border payments are becoming faster and more transparent, with stablecoins and data-driven lending broadening access for firms shut out by banks.

By Karen Joy Bacudo • 4 min read • 6 days ago
World FinTech Day warnings over governance & skills
Digital Transformation

World FinTech Day warnings over governance & skills

Financial services firms risk stalled AI roll-outs and weaker supply chains unless governance and digital skills improve, experts warned.

By Karen Joy Bacudo • 6 min read • Last week

Stories from Other Regions

Cash flow stories

Ecommpay backs ICAEW campaign for small businesses
Fintech

Ecommpay backs ICAEW campaign for small businesses

The deal gives accountants advising smaller firms fresh guidance on online payments, banking and cash flow as merchants seek quicker, simpler set-ups.

By Sofiah Nichole Salivio • 3 min read • 4 days ago
Hospitality super payments jump under payday super change
Payment Technologies

Hospitality super payments jump under payday super change

Weekly super payments surged among small hospitality operators as payday super began, easing fears of a cash flow shock but tightening timing.

By Karen Joy Bacudo • 4 min read • 4 days ago
Gen Z Australians juggle bills amid payday pressure
Fintech

Gen Z Australians juggle bills amid payday pressure

More than half of young adults are shifting cash between accounts to dodge failed transactions, a survey found.

By Karen Joy Bacudo • 3 min read • 5 days ago
Flute study says bad payments drive small business losses
Fintech

Flute study says bad payments drive small business losses

A poor checkout can cost local merchants repeat trade, with 55% of consumers saying one bad payment experience would stop or deter them returning.

By Karen Joy Bacudo • 3 min read • Last week
US small firms lean on personal credit, survey finds
Fintech

US small firms lean on personal credit, survey finds

Poorly prepared borrowing is forcing many US small business owners to lean on personal credit, with 75% doing so last year.

By Karen Joy Bacudo • 4 min read • Last week
Xero data shows US small business sales rise unevenly
Digital Transformation

Xero data shows US small business sales rise unevenly

Uneven regional demand and slower cash collection show many smaller firms still lagging the national sales recovery.

By Karen Joy Bacudo • 4 min read • Last week
Pearson lifts half-year profit & reaffirms guidance
Artificial Intelligence

Pearson lifts half-year profit & reaffirms guidance

Stronger cash generation and a 14% rise in adjusted operating profit left the education publisher confident enough to keep full-year guidance unchanged.

By Karen Joy Bacudo • 4 min read • Last week