Payescape news and trends

Mode Joins Forces With PayEscape to Test First Bitcoin Payroll Offering in UK 
Bitcoin // November 11, 2021

London-based FinTech Mode is teaming with U.K. payroll service PayEscape to launch a trial of the first bitcoin payroll offering in the U.K., according to a Thursday (Nov. 11) press release. The internal pilot program will run during the rest of this year and the...

Payroll Gears Up To Leapfrog Into APIs, Faster Payments
B2B Payments // June 03, 2020

Centuries-old banks have been operating on decades-old infrastructure, leaving many traditional financial institutions (FIs) to stand idle and offer little in the way of digital-native products and services. That is, until FinTechs and challenger banks stepped onto the scene, jumpstarting financial services innovation in a...

Payescape Adds API Payroll Engine With PayRun.io Acquisition
B2B Payments // May 13, 2020

British payroll provider Payescape has acquired application programing interface (API) payroll company PayRun.io. Payescape has more than 1,200 customers in Britain and experienced a 40 percent jump in sales last year, according to an announcement from the company. Managing Director John Borland said in the announcement, “We...

What Payroll Innovation Says About Accountants’ Shifting Role
B2B Payments // April 19, 2019

The shifting role of small business (SMB) accountants is largely driven by the increase in automated solutions available to business owners today. With machines now taking care of repetitive financial tasks, accountants have had to readjust their position from number-cruncher to value-adder to remain relevant....

Quick Reads
Mode Joins Forces With PayEscape to Test First Bitcoin Payroll Offering in UK 

November 11, 2021
London-based FinTech Mode is teaming with U.K. payroll service PayEscape to launch a trial of the first bitcoin payroll offering in the U.K., according to a Thursday (Nov. 11) press release. The internal pilot program will run during the rest of this year and the beginning of 2022, according to the announcement. Bitcoin Payroll streamlines […]