Fintech

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced it has joined Uber Technologies, Inc.'s (NYSE: UBER) effort to provide free or discounted rides to vaccination sites in the U.S. to help ensure transportation is not a barrier to vaccine access. In December 2020 Uber committed up to 10 million free or discounted rides to help ensure transportation is not a barrier to getting a vaccine. PayPal is making a corporate donation of $5 million to fund additional free or discounted rides and will work with Uber to explore ways to leverage its giving platform to mobilize customers who are interested in contributing to the vaccine access effort.

The coalition announcement follows a call to action issued by the White House earlier today for corporations to help support national vaccination efforts. Uber, PayPal and Walgreens are building the coalition to increase access to vaccines, with a focus on addressing the needs of underserved communities.

"Over the past year, we have deployed our products, services and resources to help our customers and communities navigate the impacts of the pandemic," said Dan Schulman , president and CEO, PayPal. "We are proud to join forces with Uber to extend these efforts to ensure that transportation is not a barrier to vaccine access, especially for those in under-resourced communities. Through this collaboration, we can deliver meaningful impact and forge a path to an inclusive recovery."

In addition to its direct corporate contribution, PayPal is working with Uber to explore ways to engage PayPal's giving platform to support vaccination efforts. PayPal has extensive experience in mobilizing customers to support the cause and relief efforts close to their hearts. Together, the companies will partner with PayPal Giving Fund and encourage inspired individuals to give what they can, and Local Initiatives Support Corporation will take the lead to distribute funds to local partners. PayPal is one of the largest digital donation platforms in the world, supporting more than 600,000 nonprofits with fundraising, and engaging a community of more than 377 million consumers and merchants to contribute to charitable efforts around the globe.

"Nobody should miss their shot at getting vaccinated because they lack transportation," said Dara Khosrowshahi , CEO, Uber. "PayPal's generous donation and support will go a long way to accelerate our efforts to ensure equitable access to vaccination, and we are excited to partner with them in the critically important months ahead."

This collaboration is an extension of PayPal's efforts to support underserved communities across the U.S., which have been hardest hit by the pandemic. Among those efforts, PayPal provided access to Paycheck Protection Program loans to minority and women-owned small businesses, which often struggle to qualify for financing from traditional financial institutions. PayPal also committed $535 million to support Black and minority-owned businesses and communities in the U.S. This commitment included an empowerment grant program to support Black-owned businesses in high-need communities, as well as grants to nonprofit community partners across the nation working to support and sustain Black and minority-owned businesses and their communities.

To date, Uber has partnered with PayPal, Walgreens, National Urban League, National Action Network and the Morehouse School of Medicine in this coalition effort to address vaccine access. Uber, PayPal and their partners will continue to build a broad coalition of organizations committed to breaking down transportation barriers in under-resourced communities.

About PayPal

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 377 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

About Uber

Uber's mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 15 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.

Media Contact: Joshua Criscoe , jcriscoe@paypal.com

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SOURCE PayPal Holdings, Inc.

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New integration offers enhanced two-way sync of projects, invoices, and expenses between Knowify and QuickBooks Online Advanced

Knowify, leaders in the construction business management software space, announced today the release of the Knowify Connector - a new and improved integration with QuickBooks Online Advanced which further simplifies the financial management of construction projects for contractors. INTUit (Nasdaq: INTU), the global technology platform behind TurboTax QuickBooks Mint Credit Karma and Mailchimp has made the connector available for all users who utilize both QuickBooks Online Advanced and Knowify at no additional cost.

Knowify and QuickBooks

The Knowify Connector makes it easier than ever for construction businesses to collect data on projects, invoices, and expenses in a single place, eliminating the need for double-data-entry and preserving data quality. The nearly real-time sync of data between the platforms means that users can evaluate project profitability in real-time, and better understand where they have cost overruns. The Connector enables project managers and financial professionals to work in lockstep, so projects can progress without interruption, and the impact of an individual project's profitability on the overall business can be quickly gauged.

"The Knowify Connector has made the already deep integration between QuickBooks Online Advanced and Knowify even more powerful and accessible." Said Marc Visent, CEO and Co-founder of Knowify. "Knowify's mission is to give growing construction companies the tools and guidance needed to execute on projects more efficiently and to understand how each project they take on is affecting their business overall. The Knowify Connector gives contractors faster, more accurate project data, so they can have a clear idea of how their projects and overall business are performing."

Key Benefits:

  1. Streamline your project processes: Avoid dual data entry for projects created in Knowify and corresponding project financials in QuickBooks Online Advanced.
  2. Track performance at a glance: Share project info between Knowify and QuickBooks Online Advanced, to quickly gauge profitability and see actualized project costs vs budget broken down by materials, equipment, labor, and more.
  3. See project updates in real time: Business owners and financial professionals working in QuickBooks Online Advanced and your project managers operating in Knowify can work in sync using the latest project information.

To learn more about Knowify, visit: https://www.knowify.com/

To learn more about the Knowify Connector, visit: https://quickbooks.intuit.com/r/bookkeeping/whats-new-in-quickbooks-online-june-2022/

To learn more about QuickBooks Online Advanced for Construction, visit: https://quickbooks.intuit.com/industry/construction/

About Knowify

Founded in 2016, Knowify's business management software empowers trade contractors and subcontractors to build their business with confidence using a simple but powerful suite of tools. With the ability to create proposals, track employee time and expenses, track job-costs at a granular level, and handle invoicing, Knowify shows the impact every job is having on your business, so you know exactly which projects to focus on. Knowify acts as a single source of truth for every project, eliminating all the manual data entry and expense tracking that keeps business owners and managers tied up at their desk. Knowify also features an extensive integration with Intuit QuickBooks, and is a top-rated construction solution on Intuit's Apps.com.

About Intuit

Intuit is the global technology platform that helps consumers and small businesses overcome their most important financial challenges. Serving more than 100 million customers worldwide with TurboTax , QuickBooks , Mint , Credit Karma , and Mailchimp , we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit , our products and services, and find us on social .

Preview of the Knowify Connector

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SOURCE Knowify

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Intuit Mailchimp CEO and Co-Founder Ben Chestnut to take on Business Advisor Role; SVP of Intuit QuickBooks Money Platform Rania Succar assumes Mailchimp CEO Duties

INTUit (NASDAQ: INTU), the global technology platform behind QuickBooks , TurboTax , Mint , Credit Karma , and Mailchimp , announced today that Ben Chestnut has made the decision to step back from his role as CEO of Intuit Mailchimp to take on a Business Advisor role within the organization.

News Provided by Business Wire via QuoteMedia

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FIS Impact Ventures Selects Ten Startups to Develop Their Fintech Solutions in 2022 Accelerator

Key facts:

  • Ten growth-stage fintech companies have been chosen to take part in the 2022 FIS Fintech Accelerator program, allowing participants to develop their solutions through mentoring, training and a monetary investment.
  • Presented by FIS Impact Ventures and The Venture Center, this year's cohort represents green banking, buy now pay later, P2P payments, debt management, data privacy automation, crypto currency risk management, fraud transaction monitoring, cloud-based compliance, earned wage access and regulatory compliance solutions.
  • Firms founded by women comprise thirty percent of the 2022 cohort.
  • All ten startups will meet with hundreds of bankers, financial services leaders, and venture capital firms during the Accelerator program.

Financial technology leader FIS ® (NYSE: FIS) and The Venture Center have announced the ten companies selected for the 2022 FIS Fintech Accelerator program , providing these growth-stage fintechs with mentoring, training and a monetary investment to develop their solutions.

News Provided by Business Wire via QuoteMedia

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FIS Impact Ventures Selects Ten Startups to Develop Their Fintech Solutions in 2022 Accelerator

Key facts:

  • Ten growth-stage fintech companies have been chosen to take part in the 2022 FIS Fintech Accelerator program, allowing participants to develop their solutions through mentoring, training and a monetary investment.
  • Presented by FIS Impact Ventures and The Venture Center, this year's cohort represents green banking, buy now pay later, P2P payments, debt management, data privacy automation, crypto currency risk management, fraud transaction monitoring, cloud-based compliance, earned wage access and regulatory compliance solutions.
  • Firms founded by women comprise thirty percent of the 2022 cohort.
  • All ten startups will meet with hundreds of bankers, financial services leaders, and venture capital firms during the Accelerator program.

Financial technology leader FIS ® (NYSE: FIS) and The Venture Center have announced the ten companies selected for the 2022 FIS Fintech Accelerator program , providing these growth-stage fintechs with mentoring, training and a monetary investment to develop their solutions.

News Provided by Business Wire via QuoteMedia

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ANZ New Zealand to move to FIS Modern Banking Platform

Key facts

  • ANZ New Zealand will be the first bank outside the U.S. to utilize FIS' Modern Banking Platform deployed on Microsoft Azure.
  • Once completed, the bank will leverage cloud-based technology for core modernization.

ANZ Bank New Zealand Ltd (ANZ New Zealand) has selected financial technology leader FIS ® (NYSE: FIS) to modernize its core banking capabilities.

News Provided by Business Wire via QuoteMedia

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ANZ New Zealand to move to FIS Modern Banking Platform

Key facts

  • ANZ New Zealand will be the first bank outside the U.S. to utilize FIS' Modern Banking Platform deployed on Microsoft Azure.
  • Once completed, the bank will leverage cloud-based technology for core modernization.

ANZ Bank New Zealand Ltd (ANZ New Zealand) has selected financial technology leader FIS ® (NYSE: FIS) to modernize its core banking capabilities.

News Provided by Business Wire via QuoteMedia

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