Keeping Small Business in Business.
Helps small businesses pay bills and get paid online, instead of through paper checks. Differentiating itself from larger competitor Bill.com, Melio targets tiny mom and pop shops whose owners often aren’t accounting savvy. It charges customers a 1% fee to expedite a same-day payment and a 2.9% to pay by credit card.
Wise, Affirm and Bilt Rewards are among the seven fintechs whose customers' data has gotten tied up in the breach. The number of affected companies …
Money transfer fintech Wise says some of its customers may have been caught up in the recent hack on Evolve Bank & Trust.
The news highlights that the fallout from the Evolve data breach on third-party companies — and their customers and users — is still unclear.