KEO World Expands Automated B2B Finance and Payment Solutions to Canada

KEO World (KEO), a leading B2B digital payments and inventory financing fintech, is expanding its core solution, Workeo, to Canada with the help of Amex Business Link™, a B2B payments infrastructure. KEO’s Workeo solution provides digital lines of credit in multi-currency and for cross-border payments, and through the Amex Business Link capabilities, buyers and suppliers can now automate payment tasks, including defining invoice payment terms and conditions, managing invoice approvals, and the reporting and reconciliation processes. The...

Brex Names Sibongile Ngako as Chief Compliance Officer

Brex, the AI-powered spend platform, announced that Sibongile Ngako has joined the company as its Chief Compliance Officer. Sibongile brings over 20 years of experience as a compliance and risk management executive and joins most recently from Affirm, a leading payments company, where she served as Vice President of Compliance. Sibongile’s appointment will further Brex’s ongoing commitment to ensuring it continues to meet the highest regulatory standards for its business. In her role, Sibongile will be...

Same Day ACH Reaches New Heights as ACH Network Volume Increases

Same Day ACH reached new heights of payment volume and value as the modern ACH Network posted significant volume and value increases in the second quarter of 2024, Nacha reported. There were 8.3 billion ACH payments in the second quarter, an increase of 6.3% over the same time period in 2023. The dollar value of these ACH payments totaled $21.6 trillion, a 7% increase. Same Day ACH exceeded 100 million payments in a month for...

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