Fintech

Key facts

  • USALLIANCE Financial will tap into the robust capabilities of FIS' Payments One to streamline and modernize its portfolio of card offerings.
  • FIS' Payments One platform streamlines payments services into a single program including credit and debit card processing, loyalty, fraud protection, and card production.

Financial technology leader FIS ® (NYSE: FIS) announced today that Rye, NY-based USALLIANCE Financial has selected the FIS Payments One platform to streamline and modernize its portfolio of credit and debit card digital payment offerings for its members.

Founded in 1966, USALLIANCE today manages more than $2 billion in assets for its more than 125,000 members. Known as a leader in providing innovative new digital services to its members, the Credit Union was looking for a proven, integrated payments platform to power its future growth and enable it to further differentiate its offerings from competitors, both credit unions and banks.

A recent FIS PACE survey conducted in February 2021 found that credit unions were second only to large banks in winning new bank accounts during the pandemic. However, the FIS survey also showed that as much as 15 percent of credit union members do not hold cards, representing a significant opportunity for growth.

With FIS Payments One, USALLIANCE can manage its entire portfolio of card processing solutions, loyalty, fraud protection, card production and other payments functionality in a single, end-to-end platform. As consumers shift more of their spending online, the FIS platform also provides robust digital capabilities as well as highly-secure payments technology like tokenization and self-service controls for cardholders.

"USALLIANCE Financial caters to a tech savvy client-base that tend to be early adopters, and that has always driven our approach towards innovative products and solutions," said Kevin Randall, EVP at USALLIANCE Financial. "As we sought to enhance our card offerings to our clients and cardholders, we found the FIS Payments One platform to be unique in the market for its simplicity, flexibility and advanced digital features. With a consolidated payments offering, we can continue to focus on our members' needs and better compete in a fast-changing market."

Built on open application programming interfaces (APIs), FIS Payments One offers clients the flexibility to access third-party applications and services through the FIS Code Connect ecosystem. In addition, the Payments One platform provides USALLIANCE a 360-degree view of credit, debit and ATM card transactions from initiation to authorization and settlement—all managed through a highly-secure ecosystem intended to minimize chargebacks and fraud.

USALLIANCE will also be able to tap into FIS' marketing and advisory services, which gives financial institutions the ability to create and drive marketing strategies using insights from card portfolio data.

"Payments One is built to make payments simpler by giving financial institutions a single platform for all of their card processing with digitally-native capabilities and the tools they need for this new era of digital payments," said Bill Hampton, Head of Credit Union Division at FIS. "We are thrilled to be working with a leader in the credit union space like USALLIANCE who will be able to leverage Payments One's flexible architecture to support customized credit and debit offerings for the communities it serves."

About FIS

FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our employees are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor's 500® Index. To learn more, visit www.fisglobal.com . Follow FIS on Facebook , LinkedIn and Twitter ( @FISGlobal ).

For More Information
Kim Snider, +1 904.438.6278
Senior Vice President
FIS Global Marketing and Communications
kim.snider@fisglobal.com

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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

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/new-integration-offers-enhanced-two-way-sync-of-projects-invoices-and-expenses-between-knowify-and-quickbooks-online-advanced-301604569.html

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.

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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.

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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.

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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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