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IndustryUpdate
of their March level, according to Bolster's COVID-19
Global Online Phishing and Scams Dashboard.
MineralTree expands ERP integrations
MineralTree, an accounts payable (AP) and payment
automation solution provider, expanded its integration
capabilities to help more middle-market businesses
automate their AP processes. The new capability adds
hundreds of accounting and enterprise resource plan-
ning (ERP) software options that can integrate with
MineralTree's AP automation solution, the company
ANNOUNCEMENTS stated, adding that this opens up modern AP automa-
tion capabilities to a much larger segment of middle-
ACI Worldwide introduces Delay My Payment market businesses while also supporting remote work
requirements for finance teams.
ACI Worldwide, a global provider of real-time elec-
tronic payment and banking solutions, added new fea- Nuvei launches Merchant Guru program
tures to its ACI Speedpay solution to assist businesses
in addressing the growing consumer bill payment needs Nuvei, a global payment technology provider, launched
and overburdened call centers due to the COVID-19 its Merchant Guru program, consisting of tools and sup-
pandemic. Building off the solution's existing mobile port for small to midsize business owners. For retailers
wallet offering, moBills, Delay My Payment provides and food service businesses typically rely on a steady
an automated process for requesting payment deferrals stream of foot traffic, the coronavirus outbreak has
based on predetermined criteria, the company noted, had a devastating effect. Nuvei stated that in urgent
adding that by automating the process in the mobile response to this need, its turnkey program empowers
wallet, billers can put assistance tools directly into the SMBs to quickly convert to a cloud-based payment
hands of the consumer faster without reliance on call system and begin advertising their services to local or
center agents and staff. nationwide clients for immediate revenue generation.
Merchant Guru enables business owners to activate
Biller Genie establishes BG Boost referral program online payment processing seamlessly, and the program
helps SMBs reach thousands of local customers through
Biller Genie, an accounts receivable and e-invoicing targeted digital advertising, with little to no manual
automation solution, introduced BG Boost, its referral setup, according to Nuvei.
program. Due to the current economic climate, business
owners across the country are struggling with cash flow, Sound Payments waives fees for three months
Biller Genie pointed out. Additionally, unemployment
filings have significantly increased nationwide, leaving As part of its support for small businesses during this
people searching for other methods of earning income. challenging time, Sound Payments is waiving Sound
BG Boost provides individuals the opportunity to earn POS service fees for three months for existing mer-
supplemental income and helps businesses find a solu- chants and new merchants that are added in April.
tion for increased cash flow. Through the initiative, "We are working hard at Sound Payments to develop
anyone can refer business prospects and earn $200 for and enhance our product offerings with creative ways
every business that adopts Biller Genie's software, the to support businesses during these challenging times,"
company stated. said Andrew Russell, president of the technology com-
pany. Also, to help meet social distancing guidelines,
Bolster, offers at-cost lifetime Sound Payments is supporting small businesses with
fraud protection to nonprofits mobile POS solutions, including curbside checkout and
home delivery.
Fraud prevention company Bolster, formerly RedMarlin,
launched an online customer protection services pro- Worldesk platform helps SMBs in volatile economy
gram for nonprofit organizations. The program, Bolster
for Good, allows nonprofits to arm themselves forever Payment and fintech solutions firm Mosaica Inc.
with industry-leading online phishing and fraud pre- launched Worldesk, its global transaction management
vention technology at-cost to defend themselves from platform. Available via an integrated web tool and on
online scams and account takeovers. The program aims Android and iOS devices, Worldesk allows real-time
to help nonprofits of all sizes defend themselves against control over a host of international business needs,
today's sophisticated phishing and online spam attack including payments and receivables automation, cur-
campaigns, which have skyrocketed since the COVID- rency conversion, intelligence foreign exchange man-
19 pandemic began, Bolster stated. In April 2020, the agement, intuitive alerts and seamless integration with
overall number of phishing sites leapt to 110 percent third-party software, the company stated.
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