


KARBON, THE LEADING PRACTICE MANAGEMENT PLATFORM FOR ACCOUNTING FIRMS, TODAY ANNOUNCED A STRATEGIC PARTNERSHIP WITH IGNITION, THE RECURRING REVENUE AND BILLING AUTOMATION PLATFORM, AND SMARTVAULT, THE TRUSTED DOCUMENT MANAGEMENT AND CLIENT PORTAL SOLUTION. THIS COLLABORATION CREATES THE FIRST COMPREHENSIVE, INTEGRATED ECOSYSTEM SPECIFICALLY DESIGNED FOR INTUIT PROCONNECT USERS, ADDRESSING THE GROWING DEMAND FROM
PROGRESSIVE TAX AND ACCOUNTING FIRMS FOR MODERN, CONNECTED SOLUTIONS.
This partnership brings together the best-in-class Intuit ProConnect integrated apps across practice management, client engagements and payments, and document management. The three category leaders are addressing the widespread frustration among accounting professionals towards outdated, fragmented tech stacks. Karbon research shows that many firms juggle too many disconnected tools, which slows down
work and creates extra manual tasks.
"Tax and accounting professionals deserve better than outdated, disconnected tools that slow them down," said Ian Vacin, Co-Founder and Chief Partnerships Officer at Karbon. "By bringing together three best-in-class solutions with deep ProConnect integration, we're giving firms the modern, connected ecosystem they need to serve clients excellently while scaling their practices efficiently."
Find out more
SQUARE, THE GLOBAL TECHNOLOGY COMPANY, HAS TODAY ANNOUNCED THE LAUNCH OF SQUARE CASH ADVANCE IN THE UK, MEANING BUSINESSES CAN ACCESS SIMPLE FUNDING TO GROW THEIR BUSINESS AND KEEP OPERATIONS RUNNING
SMOOTHLY. WHETHER A RESTAURANT OWNER, RETAIL MERCHANT OR BEAUTY SALON, FAST AND EASY ACCESS TO FUNDS HELPS SELLERS MANAGE DAILY EXPENSES WITHOUT DE-
LAY AND WITH NO INTEREST – JUST A SIMPLE, UPFRONT FUNDING COST.
“Square Cash Advance has transformed the way our business operates”, said Michael Sayward, Founder of Millie & Mini – one of the first businesses in the UK to trial the new product. “I am usually very risk averse and I like to know where I am. I was raised by a traditional Yorkshire grandmother who taught me to do everything within my means – but with
easy access to funding with Square Cash Advance, I’m able to make improvements and grow my business without risk, since repayments come from my card sales.”
Eligible Square businesses in the UK can apply for Cash Advances in just a few clicks, without any long forms to fill out, providing fast and easy access to funds.
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WE’RE EXCITED TO ANNOUNCE A NEW PARTNERSHIP BETWEEN JOURNEY AND THE INSTITUTE OF CERTIFIED BOOKKEEPERS UK (ICB) — A COLLABORATION BUILT AROUND A SHARED GOAL: HELPING BOOKKEEPERS GET BETTER ACCESS TO THE RIGHT TECHNOLOGY.
This partnership will see Journey and ICB UK work more closely to ensure bookkeepers are given a seat at the table when new tools are being built.
“This partnership is all about bringing the right people together. Bookkeep-
ers have always been at the front of software adoption. We’re proud to partner with Journey to help software vendors raise the bar in bookkeeping tech.” – Ami Copeland, CEO of ICB UK
Supporting bookkeepers through better tech choices
The Institute of Certified Bookkeepers (ICB UK) is the leading professional body for bookkeepers in the United Kingdom, supporting tens of thousands of members across the country.
With a strong focus on raising standards, building community, and helping bookkeepers stay ahead of
industry changes, ICB UK is a trusted voice in the profession.
“Bookkeepers can often be overlooked in the world of accounting technology. It’s time they had more influence on how the tools they use every day are shaped. This partnership helps make that happen.” – Jordan Vickery, Global Director and Head of EMEA, Journey
Journey works with leading accounting and bookkeeping apps to help them grow globally
Find out more
SYDNEY, AUSTRAL-
IA — VINYL, THE AI NOTETAKER BUILT FOR ACCOUNTANTS AND BOOKKEEPERS, IS EXCITED TO ANNOUNCE A NEW INTEGRATION WITH KARBON, THE COLLABORATIVE PRACTICE MANAGEMENT PLATFORM USED BY ACCOUNTING FIRMS.
STARTING TODAY, USERS CAN SEAMLESSLY SYNC KARBON CONTACTS INTO VINYL AND HAVE THEIR MEETING SUMMARIES AND RECORDINGS POSTED AUTOMATICALLY TO KARBON TIMELINES.
XU BIWEEKLY - No. 111
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This integration ensures that every meeting is fully documented and available to your entire team, without lifting a finger. It reduces administrative overhead, keeps client records complete, and ensures nothing falls through the cracks.
What the Integration Does
• Automatic Contact Syncing: Karbon clients and contacts are automatically synced into Vinyl, eliminating the need to maintain separate client lists.
• Meeting Summaries in
Karbon: Vinyl now posts AI-generated summaries and recordings directly to the timeline of any contact involved in a meeting.
Together, these features create a powerful workflow where your client communication is instantly captured, summarised, and saved, right where your team already works.
Keep reading
WE’VE GOT SOME NEWS TO SHARE, AND IT’S A BIG ONE. G-ACCON IS NOW OFFICIALLY SOC 2 TYPE 1 AND GDPR CERTIFIED. THAT’S NOT JUST ANOTHER BADGE FOR THE WEBSITE. IT’S A SIGNAL OF TRUST.
And it means that the platform you’re already using to automate reports, sync data, and streamline your work is now independently verified for how it handles security, privacy, and compliance.
What Does The SOC 2 Type 1 Certification Mean?
SOC 2 Type 1 is a widely
YOUR DATA’S SECURITY HAS ALWAYS BEEN OUR TOP PRIORITY, AND NOW, WE’RE TAKING IT EVEN FURTHER. WITH THE INTRODUCTION OF 2-FACTOR AUTHENTICATION (2FA), TIME TRACKER GIVES YOU AN EXTRA LAYER OF PROTECTION TO KEEP YOUR ACCOUNT AND SENSITIVE INFORMATION SAFE.
What is 2-Factor Authentication?
2FA adds an additional step to the login process. Alongside your regular password, you’ll now have the option to verify your identity with:
• A one-time code sent to your email
• Authentication apps like Google Authenticator or Microsoft Authenticator
This means even if someone gets your password, they won’t be able to access your account without the second verification step.
How It Works
By default, 2FA is turned off for all accounts. However, administrators can enable it for their organization with just a few clicks:
1. Log in as an admin and go to System Settings
2. Toggle on Two-Factor Authentication
3. Choose your preferred verification methods (email and/or authentication apps)
respected certification that evaluates how a company handles things like:
• Data security
• System availability
• Processing integrity
• Confidentiality
• Privacy
In short, it tells you that we have the right systems in place to protect your information.
You’ve probably heard of GDPR, it’s the General Data Protection Regulation used across the EU. And even if you’re not in Europe, it still matters. A lot of companies look to it as the gold standard for privacy and data protection.
That’s why we made sure we’re fully compliant. No shortcuts, no guessing we offer Just real protection for your data, wherever you are. So, what does this all mean for you as a G-Accon user?
• Your data is handled with strict controls
• Our internal processes are reviewed and tested by third-party auditors
• We’ve committed to transparency, accountability, and continuous improvement
And none of that changes how you use G-Accon dayto-day.
Find out more
4. Instruct team members to set up their 2FA during their next login
Once enabled, users will be prompted to verify their login with the chosen method, helping your business stay secure.
Why Enable 2FA?
• Stronger security: Protect your account even if your password is compromised
• Compliance: Align with best practices and security requirements in your industry
• Peace of mind: Reduce the risk of unauthorized access to your business data
E’RE DEDICATED TO PROVIDING YOU WITH THE LATEST EXPANDLY FEATURE UPDATES INCLUDING NEW INTEGRATIONS AND PLATFORM DEVELOPMENTS; ALL UNDERTAKEN TO ENSURE YOU CAN REMAIN COMPETITIVE IN THE FAST-PACED WORLD OF ECOMMERCE FULFILLMENT AND CONTINUE BEING ABLE TO USE EXPANDLY FOR YOUR COMPLETE ORDER FULFILLMENT OPERATIONS.
Responsible Persons Module Visual Update
We’ve upgraded the visuals of one of our key modules for responsible persons
to make it more user-friendly and intuitive. The new design makes it clearer what information or documents users need to upload to complete their application, helping reduce confusion and improving the overall experience.
Responsible Persons Application Documents & Certificate
We’ve reviewed and updated all documents required for the responsible persons application process to ensure they align with current legal requirements and industry best practices.
BGL CORPORATE SOLUTIONS (BGL), AUSTRALIA'S LEADING PROVIDER OF COMPANY COMPLIANCE, SELF-MANAGED SUPERANNUATION FUND (SMSF), INVESTMENT MANAGEMENT, IDENTITY VERIFICATION AND AI-POWERED PAPER-TO-DATA SOFTWARE SOLUTIONS, HAS ADDED BIOMETRIC SCANNING TO BGLID TO HELP CLIENTS PREPARE FOR CHANGES IN AML/KYC REQUIREMENTS.
Following a successful beta phase, BGLiD’s biometric scanning is now available in CAS 360, Simple Fund 360 and Simple Invest 360. The feature supports compliance with the new Know Your Client (KYC) requirements that will come into effect on 1 July 2026. These
new regulations will require accountants and company/ trust service providers to verify the identity of clients, directors, shareholders and beneficiaries and report to AUSTRAC under expanded anti-money laundering (AML) and counter-terrorism financing (CTF) obligations.
BGLiD combines secure digital ID verification with facial biometric scanning. Individuals can upload a government-issued ID and a short selfie video with their mobile phone. Facial recognition AI then verifies the match in real time, enhancing security and streamlining compliance workflows.
Find out more
FINNEX AI, THE EXCEL-NATIVE AI ASSISTANT FOR ACCOUNTANTS AND FINANCE TEAMS, TODAY ANNOUNCED THE LAUNCH OF ITS CERTIFIED INTEGRATION WITH XERO. THE NEW CONNECTOR LETS USERS PULL DATA FROM XERO, PROCESS DOCUMENTS, AND PUSH JOURNALS, INVOICES AND BILLS BACK TO XERO WITH AI— WITHOUT LEAVING THEIR SPREADSHEET.
“Accountants live in Excel. Our goal is to give them an
WE’RE ROLLING OUT ANOTHER MAJOR UPDATE TO RECEIPT BOT TO MAKE YOUR BOOKKEEPING EVEN MORE EFFORTLESS AND EFFICIENT. THIS RELEASE INTRODUCES A POWERFUL ZAPIER INTEGRATION AND DELIVERS SIGNIFICANT ENHANCEMENTS TO THE MOBILE APP EXPERIENCE.
New Features
Connect Receipt Bot to Thousands of Apps with Zapier
You’ve asked for ways to connect your favourite tools to Receipt Bot, and we’re excited to deliver! With our new Zapier integration, you
can now connect Receipt Bot with thousands of other applications, unlocking a world of automation possibilities.
• Find a new Connect to Zapier option on your integrations page.
• Our initial Zapier template allows you to automatically upload documents to Receipt Bot from services like Google Drive, OneDrive, and Dropbox. We’ll be adding more templates soon.
An improved Mobile Upload Experience
Capturing documents on the go should be fast, clear, and intuitive. We’ve enhanced the upload expe-
rience in our iOS and Android receipt scanner apps to provide you with more control and a smoother workflow.
• Enhanced Photo Quality: Your camera flash now operates during document capture, ensuring crisp, clear images in any lighting condition.
• Consistent Capture: The camera view now locks to portrait orientation, providing a more stable scanning experience.
• In-App Image Editing: You can now edit (crop, rotate, flip) and delete images directly in the app before you upload.
• Flexible Transaction Notes: A new setting allows you to enable/dis-
able transaction notes, or hide the pop-up after the first use, to streamline your workflow.
• Set Your Extraction Preferences: Choose your preferences directly from your mobile device, just as you do on the web app. This ensures you have consistent control and accuracy. You can enable auto-reclassification of documents and specify the level of extraction detail, selecting from options such as Line Items, Key Information & Totals only, or VAT Summary.
Find out more
FAI that works right where they work,” said Matthew Liu, Co-founder of Finnex AI. “With the Xero connector, bookkeepers can chat with their ledger, post journals, generate financial reports or process bills and invoices into Xero - all in a few seconds using natural language.”
Key Features
• Two-way Xero sync inside Excel
Find out more
OR GOODS-BASED BUSINESSES, MANAGING INVENTORY AND PURCHASES IS AT THE HEART OF DAILY OPERATIONS; IT’S ABOUT HAVING THE RIGHT STOCK AT THE RIGHT TIME, MINIMIZING MANUAL EFFORT, AND MAKING INFORMED DECISIONS TO FUEL YOUR GROWTH. WE KNOW THESE CRITICAL TASKS CAN OFTEN FEEL LIKE A CONSTANT JUGGLE, TAKING VALUABLE TIME AWAY FROM WHAT YOU DO BEST.
Over the coming months, a series of new inventory enhancements designed to give you greater clarity, control, and efficiency in these
key areas will be rolling out. The first key updates: bulk inventory adjustments and a refreshed purchase order experience, both designed to save you valuable time and reduce errors.
Streamline your stock counts with bulk inventory adjustments
For any goods-based business, keeping your inventory quantities and costs up to date is critical for accurate financial reporting, maintaining the right level of stock, and having reliable data to inform business decisions.
“Bulk Adjustments is a
fantastic step in the right direction and will be a big time saver” – Josh Wilson, The Software Coach
Adjusting your inventory items more efficiently has been a highly requested feature in Xero Product Ideas, and we’ve heard how important this is to you. With that in mind, we’re introducing the ability to adjust inventory items in bulk, making your workflow much more efficient.
This new feature will allow you to effortlessly select multiple tracked inventory items and update their quantities in one go. Whether you’re complet-
ing a large-scale stocktake, quickly correcting discrepancies, or simply keeping your records pristine, you’ll soon be able to do this faster, with fewer errors, and with far greater accuracy.
Here’s what this means for your day-to-day:
• Save time: Update multiple stock items in a single, streamlined action.
• Enhance accuracy: Reduce errors often associated with repetitive manual entries.
Keep reading
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BGL CORPORATE SOLUTIONS (BGL), AUSTRALIA'S LEADING PROVIDER OF COMPANY COMPLIANCE, SELF-MANAGED SUPERANNUATION FUND (SMSF), INVESTMENT MANAGEMENT, IDENTITY VERIFICATION AND AI-POWERED PAPER-TO-DATA SOFTWARE SOLUTIONS, IS PROUD TO ANNOUNCE UNPRECEDENTED REGISTRATIONS AND SPONSOR SUPPORT AHEAD OF ITS PREMIER ACCOUNTING AND TECHNOLOGY ROADSHOW, BGL REGTECH 2025.
With more than 2,000 at-
tendees expected in-person and online across Australia, New Zealand, Singapore, Hong Kong and the United Kingdom and 35 exhibiting sponsors, BGL REGTECH 2025 is set to be BGL’s biggest event to date.
Adding to the momentum, the BGL Online Summit, a virtual kickoff to BGL REGTECH 2025, attracted more than 4,200 registrations across three weeks of live webinars from 15 –31 July 2025. Featuring 9 BGL Ecosystem partners, the Summit gave delegates early access to insights and solutions from select BGL
REGTECH 2025 sponsors ahead of the roadshow.
In the coming weeks, BGL REGTECH 2025 will visit 7 Australian cities, including a brand-new stop on the Gold Coast. Global access will be available via live stream and on demand, making this year’s event more accessible than ever.
“We’re absolutely blown away by the response” said Daniel Tramontana, CEO at BGL.
Keep reading
WE’RE UPDATING XERO PAYROLL FOR NEW ZEALAND TO MAKE IT EASIER FOR YOU TO MANAGE LEAVE AND COMPLY WITH NEW ZEALAND’S HOLIDAYS ACT REQUIREMENTS.
Features that were initially introduced for new Xero users in August 2024 will be rolled out to everyone using Xero payroll in New Zealand later this year. A conversion tool will be available in Xero to help you make the switch.
Karbon for Clients gives firms and clients a single place to manage tasks, documents, and messages, reducing admin work and improving firm-client collaboration.
KARBON, THE LEADER IN ACCOUNTING PRACTICE MANAGEMENT SOFTWARE, TODAY ANNOUNCED THE GLOBAL LAUNCH OF KARBON FOR CLIENTS, A SECURE, MODERN CLIENT PORTAL DESIGNED TO HELP ACCOUNTING PROFESSIONALS STREAMLINE COLLABORATION, ACCELERATE RESPONSE TIMES, AND REDUCE ADMINISTRATIVE BURDEN.
Karbon for Clients equips firms with an end-to-end solution that manages the entire client lifecycle, including onboarding, delivery, and long-term relationship management. This release integrates directly with Karbon’s intelligent practice management solution, extending the company’s vision of a platform that
connects people, data, technology and workflows, with AI and automation woven into every step.
“Our mission has always been to empower accounting professionals to deliver exceptional service,” said Mary Delaney, CEO of Karbon. “With Karbon for Clients, we're making it effortless for firms to elevate their service delivery through a secure and fully connected client experience that strengthens relationships and drives firm growth.”
Clients can access the portal 24/7 via web or mobile app to complete tasks, send documents, and communicate in real time—helping firms cut back on email follow-ups and focus on high-value work. All client activity, from comments to
eSignatures, is automatically linked to firm workflows, giving teams full visibility without the need to switch tools or duplicate effort.
Key Karbon for Client features include:
• Smart notifications and real-time updates: Keep clients informed and reduce follow-ups.
• Integrated task management capabilities: Streamlines client deliverables.
• Centralized communication history: Create a complete record of client interactions across multiple channels.
• Secure file sharing and document management: Safeguard sensitive information with enterprise-grade security, two-factor authentication, and eSignatures and
approvals for faster document processing.
• Branded client experience: Reinforce firm identity with a customizable interface tailored to each client.
This release follows Karbon’s recent launch of end-to-end tax workflows, AI-powered summarization, and advanced analytics— part of the company’s ongoing investment in building smarter, more connected accounting operations.
Firms on Karbon for Clients
More than 300 firms participated in the early access program for Karbon for Clients, with many reporting better communication and less admin.
What’s changing
• You’ll be able to assign each employee an employment type, making it easier to set up and maintain accurate leave entitlements.
• Leave balances will move from being tracked in hours to being tracked in weeks and days, aligning with current Holidays Act requirements. This also means you’ll no longer have to manually adjust leave balances when working patterns change.
• An end date can now be included for employees on fixed-term contracts
• A tool will be available in Xero later this year to help you easily make changes and use the new payroll features.
Note: Once you’ve changed to using the new payroll settings they will become your default. You won’t be able to switch back to the old setup.
Find out more
GL CORPORATE SOLUTIONS (BGL), AUSTRALIA'S LEADING PROVIDER OF COMPANY COMPLIANCE, SELF-MANAGED SUPERANNUATION FUND (SMSF), INVESTMENT MANAGEMENT, IDENTITY VERIFICATION AND AI-POWERED PAPER-TO-DATA SOFTWARE SOLUTIONS, IS PROUD TO ANNOUNCE A RAFT OF ANTI-MONEY LAUNDERING/CUSTOMER DUE DILIGENCE (AML/ CDD) FEATURES IN ITS CAS 360 COMPANY, TRUST AND KYC/AML/CDD MANAGEMENT SOFTWARE.
Unveiled at BGL REGTECH 2025 in Brisbane on Tuesday 5 August 2025, these new features include a Compliance Screen to help CAS
360 clients prepare for and comply with upcoming AUSTRAC reporting obligations, which will take effect on 1 July 2026.
“BGL is committed to helping our clients stay ahead of regulatory change” said Warren Renden, General Manager — CAS 360, BGLiD and UK. “We have been working on KYC/AML/ CDD features for all CAS 360 jurisdictions and it's exciting to bring these great features to BGL Australian clients.”
The KYC/AML/CDD Compliance Screen enables firms to collect and record essential due diligence information for companies and trusts
Find out more
THE XERO NAVIGATION AND HOMEPAGE EXPERIENCE IS ABOUT TO GET SIGNIFICANTLY BETTER – DESIGNED TO DELIVER KEY BUSINESS PERFORMANCE INSIGHTS AND ACTIONS AT A GLANCE. AS A VALUED PARTNER, YOU’RE INVITED TO TRY IT FIRST WITH A NEW PROTOTYPE, BUILT ESPECIALLY FOR YOU.
The prototype is available only to partners this week, before we share it with all customers next week so your clients can also get prepared.
Built for you, with you
The new Xero experience is evolving in collaboration with over 30,000 beta testers. We’re listening to every
VARICON, THE AI-POWERED CIVIL CONSTRUCTION MANAGEMENT SOFTWARE, IS NOW A CERTIFIED APP ON THE XERO APP STORE IN AUSTRALIA. THE CERTIFICATION CONFIRMS THAT VARICON MEETS XERO’S RIGOROUS STANDARDS FOR SECURITY AND USABILITY, OFFERING A TRUSTED, SEAMLESS INTEGRATION FOR CONSTRUCTION BUSINESSES AND THEIR FINANCIAL ADVISORS.
The integration creates a powerful link between onsite operations and back-office accounting, designed to provide civil contractors with real-time financial control and significantly reduce
administrative overhead.
A Comprehensive Toolkit for Civil Construction
Designed specifically for the demands of civil construction, VARICON gives teams the tools they need to manage complex projects and eliminate paper-based processes. Key features of the platform include:
• Project & Labour Scheduling: The newly released scheduler allows managers to plan project timelines, allocate crews and plant, and provide teams with clear mobile access to their upcoming work.
• Digital Site Diaries: Capture all critical daily information in one place—
including weather, crew, plant on-site, photos, notes, and events—creating a perfect digital record of the project.
• Custom Digital Forms: Replace binders of paper with easy-to-use digital forms for essential processes like pre-starts, site inspections, and safety reports (SWMS).
• Progress & Variation Claims: Streamline the claims process by generating accurate claims based on real-time data captured from the field.
Key Xero Integration Capabilities
piece of feedback - from what you love, to where we can improve - and are making continuous refinements to the final experience.
“Can I get this beta experience for all my clients?” Tony, Partner, Australia
“Loving the new layout which will be much easier for our clients to understand.” Penny, Partner, United Kingdom
What's changing and why it matters to you:
Get to your next task faster with the new navigation
Designed to help you flow from one task to the next with simpler labels and logical groupings. Find out more
I• AI-Powered Invoice Sync: Bills and purchase orders created in VARICON are sent to Xero with their correct tracking categories, with AI-driven 3-way matching cutting accounts payable time by up to 80%.
• Streamlined Payroll Sync: "Fat-finger friendly" mobile timesheets flow directly into Xero Payroll, eliminating manual data entry and reducing admin time by over 50%.
Find out more
The power of VARICON's operational data is now amplified by the certified Xero integration, which syncs financial information automatically to create a single source of truth.
T’S BEEN A BUSY FEW MONTHS AT DEXT, WITH NEW INNOVATIONS DESIGNED TO HELP YOU CUT DOWN ON ADMIN, STAY COMPLIANT AND GET MORE DONE, WHETHER YOU’RE RUNNING A BUSINESS OR SUPPORTING ONE.
Built for Bigger Things: a message from Sabby Gill
Dext CEO Sabby Gill opened the update with a clear message: admin is a tax on ambition. It drains time, energy and focus, and it’s hitting harder than ever.
New research from over 2,000 SMB leaders reveals nearly half feel today’s climate is tougher than during Covid. One in four spend more than 20 hours a month on financial admin, with many questioning whether
the effort is still worth it.
Despite a global slowdown and rising costs, there's a strong appetite for change. Over half of SMBs are exploring AI and investing in smarter ways to work. Sabby’s message was simple: Dext is here to help accountants, bookkeepers and businesses cut through the noise and focus on what matters: growth, clarity or time back.
AI: Beyond the Hype, Built for Impact
Stephen Edginton, Chief Product and Technology Officer, shifted the focus from hype to action. With AI tools launching almost weekly, Dext is already applying the technology where it counts: over 173 million receipts and invoices processed with 99% accuracy, bank state-
ments returned in under ten minutes, and more than five million line items handled.
This is AI built for everyday work, helping teams move faster, reduce errors and make better decisions. And as Stephen noted, this is just the beginning. The ones acting now will stay ahead.
Dext + Airwallex: Integrated Payments
Dext has partnered with global payments provider Airwallex to launch integrated payments, a major step toward effortless financial admin.
You’ll be able to manage, approve and complete supplier payments within Dext, without switching software. From invoice upload to payment reconciliation,
everything happens in one place with built-in checks, multi-currency support and real-time visibility. Support for payroll payments will follow, adding even more flexibility. The result: tighter control over cash flow, fewer delays and less admin. New in Dext
UK VAT Checking with Name Validation
Dext now extracts VAT numbers from invoices and checks them against HMRC records. It flags invalid entries and highlights when supplier names don’t closely match official records, helping reduce fraud, improve accuracy and stay compliant.
Keep reading
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Pay with Crypto powers near-instant settlement, seamless international transactions and provides transaction fee savings of up to 90%
BUSINESSES AROUND THE WORLD LOSE BILLIONS ANNUALLY IN CROSS BORDER FEES WHILE NAVIGATING A COMPLEX BANKING SYSTEM TO MAKE AND ACCEPT PAYMENTS. TODAY, PAYPAL IS SIMPLIFYING CROSS-BORDER COMMERCE FOR MERCHANTS BY CONNECTING AN UNMATCHED COMBINATION OF CRYPTOCURRENCIES, DIGITAL WALLETS, AND MERCHANTS WORLDWIDE, WHILE SIMULTANEOUSLY REDUCING TRANSACTION FEES BY UP TO 90%.
Pay with Crypto, powered by PayPal, connects merchants to a $3+ trillion2 market, by enabling instant crypto to stablecoin or fiat conversion. Supporting transactions across 100+ cryptocurrencies and wallets such as Coinbase and MetaMask, the solution expands merchant revenue opportu-
nities and taps into a global base of more than 650 million crypto users3. Additionally, with a transaction rate of 0.99%4, Pay with Crypto decreases the cost of transactions by up to 90% when compared to international credit card processing.
"Businesses of all sizes face incredible pressure when growing globally, from increased costs for accepting international payments to complex integrations. Today, we're removing these barriers and helping every business of every size achieve their goals," said Alex Chriss, President and CEO, PayPal. "Imagine a shopper in Guatemala buying a special gift from a merchant in Oklahoma City. Using PayPal's open platform, the business can accept crypto for payments, increase their profit margins, pay lower transaction fees, get near instant access to proceeds, and grow funds
stored as PYUSD at 4%5 when held on PayPal."
Pay with Crypto advances PayPal's mission to transform commerce by integrating crypto and digital currencies into a unified platform that connects fiat and digital payments. It offers consumers diverse payment options and unlocks global growth for merchants. PayPal empowers U.S. merchants to accept crypto payments, improve efficiency, attract customers, earn rewards for PYUSD held with PayPal, and send faster, low-cost payments to freelancers and vendors using PYUSD. Recently the company also announced an agreement with Fiserv to expand stablecoin use globally to drive greater business efficiency.
Find out more
STRIPE, THE PROGRAMMABLE FINANCIAL SERVICES COMPANY, TODAY SHOWCASED NEW PRODUCTS TO ACCELERATE THE GROWTH OF GERMAN BUSINESSES. THE ANNOUNCEMENTS WERE MADE AT STRIPE TOUR BERLIN, THE COMPANY’S ANNUAL GATHERING OF BUSINESS LEADERS IN GERMANY.
New products and fea-
tures in Germany include:
• Access to growth capital through Stripe Capital, which uses a company’s history on Stripe to proactively qualify them for next-day financing.
• Support for more than 25 new payment methods, including Wero, and a new pay-by-bank payment method based on Europe’s open banking system.
PayPal integrates with Wix Payments, providing a consolidated view for merchants to streamline payment management, enhance conversions and meet growing demand for flexible payment options
WIX.COM LTD. (NASDAQ: WIX), THE LEADING SAAS WEBSITE BUILDER PLATFORM GLOBALLY1, TODAY ANNOUNCED AN EXPANSION OF ITS PARTNERSHIP WITH PAYPAL HOLDINGS INC. (NASDAQ: PYPL), BRINGING ADDITIONAL ONLINE PAYMENT OPTIONS TO MERCHANTS THROUGH WIX PAYMENTS. NOW AVAILABLE AS A BUILT-IN PART OF WIX PAYMENTS, THIS PROVIDES U.S.-BASED MERCHANTS A UNIFIED, SEAMLESS EXPERIENCE THAT SIMPLIFIES BACKEND OPERATIONS AND ULTIMATELY SUPPORTS HIGHER CHECKOUT CONVERSION.
• Fraud detection and prevention on SEPA payments with Stripe Radar.
Stripe also announced that over the next year German companies will be able to hold, move, and spend balances in multiple currencies, including stablecoins, all from their existing Stripe account.
Find out more
With this deeper integration, PayPal is now available directly in the Wix Payments platform. Merchants can connect their PayPal Business account and manage all transactions from a single dashboard alongside their Wix Payments activity. This setup consolidates reporting, chargebacks, and payouts, helping merchants streamline day-to-day operations and deliver more flexible payment options to customers. Merchants also gain access to PayPal’s
broader suite of features, including PayPal Pay Later (BNPL) and Venmo, offering customers more flexible and convenient ways to pay.
Funds from PayPal wallet purchases flow directly into merchants’ Wix Payments accounts, simplifying reconciliation and improving visibility over cash flow. This seamless integration gives merchants greater operational efficiency and control, while offering consumers more flexible ways to pay. In addition, as part of this integration, PayPal will also serve as a Payment Service Provider (PSP), powering card processing capabilities within Wix Payments – further streamlining the merchant experience across channels.
“We’re always looking for ways to create more seamless experiences for our users and provide them with the best way to accept payments and manage funds online, in person, and on the go,” said Amit Sagiv and Volodymyr Tsukur, Co-Heads of Wix Payments. “By bringing PayPal under the Wix Payments umbrella, we gain significantly more control over the user experience and how
PayPal’s products are delivered to our merchants. This deeper integration allows us to improve conversion, offer more value, and drive stronger profitability, while giving our users a faster, more unified checkout flow.”
“At PayPal, we share Wix’s commitment to helping businesses grow by giving them faster, more flexible access to the capital they need,” said Michelle Gill, Executive Vice President and General Manager, Small Business & Financial Services, PayPal. “By embedding PayPal’s most popular payment methods—like PayPal Wallet and PayPal Pay Later—directly into the Wix Payments experience, we’re not just enhancing checkout. We’re enabling merchants to get paid quickly, manage everything in one place, and unlock new ways to serve their customers and scale their business.”
Wix Payments offers small businesses a more streamlined way to manage payments through its platform.
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ZBD, THE INNOVATIVE FINTECH COMPANY CREATING NEXT-GEN PAYMENT EXPERIENCES FOR INTERACTIVE ENTERTAINMENT, AND CLEARBANK, THE ENABLER OF REAL-TIME CLEARING AND EMBEDDED BANKING, ANNOUNCE A NEW PARTNERSHIP, COMING ON THE HEELS OF ZBD BEING GRANTED AN ELECTRONIC MONEY INSTITUTION (EMI) LICENSE IN THE NETHERLANDS.
ZBD was one of the first companies to secure a MiCAR license in the EU in December 2024 and the EMI approval now marks the next major step in the Fintech’s regulatory and geographic expansion. With both MiCAR and EMI licenses, ZBD is now among a very select group of companies authorised to offer a comprehensive range of fiat and crypto services across the entire European Economic Area (EEA), marking a pivotal moment in the company’s global ex-
pansion. To allow ZBD to make the most of its capabilities under the EMI and MiCAR, they have partnered with ClearBank as their EU and EEA banking partner.
The EMI license enables ZBD to store and transfer fiat e-money, offer debit cards, and in the future issue virtual IBANs for businesses and consumers. ZBD is leveraging this capability to launch revolutionary fintech products for the gaming industry. To do so, ZBD is working with ClearBank, a leader in banking for modern fintechs, bringing novel use cases to market.
ClearBank will provide ZBD with operational accounts for business expenses and safeguarding accounts for holding client funds. This enables ZBD EU users to fund a EUR balance in their virtual account, effectively introducing EUR capabilities into the ZBD ecosystem to complement existing Bitcoin capabilities.
“We’re honoured to be chosen as ZBD’s European partner. This collaboration reflects our shared commitment to delivering secure, scalable, and forward-thinking solutions, and we’re excited to be part of ZBD’s growth journey, unlocking our clients' potential to innovate revolutionary fintech products. We look forward to supporting their continued success.” Ezequiel Canestrari, Chief Operating Officer, ClearBank Europe
With this new capability, ZBD now stands ready to achieve its vision of making money move through the internet as seamlessly as information. With its mix of digital-asset, and now fiat, capabilities and licensing, as well as a new banking partnership, ZBD is positioned to break down the barriers between traditional and innovative payment rails.
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GLOBAL FINANCIAL TECHNOLOGY LEADER FIS® (NYSE: FIS) HAS ANNOUNCED A NEW PARTNERSHIP WITH A SUBSIDIARY OF CIRCLE INTERNET GROUP, INC. (NYSE:CRCL) (“CIRCLE”) TO GIVE FINANCIAL INSTITUTIONS THE ABILITY TO TRANSACT IN USDC, THE WORLD’S LARGEST REGULATED1 STABLECOIN. THIS PARTNERSHIP LAUNCHES ON THE HEELS OF NEW U.S. STABLECOIN LEGISLATION THAT PAVES THE WAY FOR DIGITAL ASSETS TO BECOME MORE INTEGRATED WITH TRADITIONAL FINANCE IN THE U.S. IT IS PART OF FIS’ BROADER STRATEGY TO SUPPORT DIGITAL ASSETS AND CURRENCIES, EXEMPLIFYING FIS’ STRATEGIC COMMITMENT TO INTRODUCE IN-
NOVATIVE TECHNOLOGY SOLUTIONS TO CLIENTS ACROSS THE MONEY LIFECYCLE.
Working together through this novel partnership, FIS and Circle will enable U.S. financial institutions to offer their customers the option to make domestic and cross-border stablecoin payments in USDC. Issued through Circle’s regulated affiliates, USDC is a fully-reserved payment stablecoin that is redeemable 1:1 for US dollars.
FIS’ recently launched Money Movement Hub is the first FIS solution to integrate with Circle, making USDC payment functionality available to a wide range of institutions. The Money Movement Hub enables fi-
nancial institutions to connect to multiple payment networks, encompassing a range of payment types, in one place. FIS will integrate its real-time payments and enhanced fraud detection solutions with Circle’s blockchain-native infrastructure, providing a scalable path for financial institution customers to adopt digital assets.
Jim Johnson, Co-President, Banking Solutions at FIS, commented, “This new partnership with Circle demonstrates FIS’ dedication to unlocking innovative financial technology that helps move money between the world’s banks, consumers and businesses.
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