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Is Quickbooks Desktop Being Phased Out?

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There’s been a lot of discussion in recent months about the apparent phase-out of QuickBooks Desktop software. Will I still be able to use my existing QuickBooks Desktop software? Do I need to transition to a new system altogether? QuickBooks Enterprise solutions for desktop will not be affected.

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Know Your Customer (KYC): What It Is and How to Comply

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That’s the amount of non-cash payments made in the U.S. Of course, financial criminal activity doesn’t have to just lead to monetary loss—it could also lead to a data breach of customer information. Between 2008 to 2018, $26 billion was handed out in fines, with 91% coming from the U.S. in 2021, according to the Federal Reserve.

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ISV vs PayFac: The Similarities and Differences Between Independent Software Vendors and Payment Facilitators

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According to the Pew Research Institute , in 2022, a whopping 41% of Americans said they don’t use cash at all for any of their weekly purchases—a significant jump from 29% in 2018. In this article, we’ll break down two popular terms used in the payment processing industry—ISV and PayFac —and see what they exactly mean.