TALLINN, Estonia, May 15, 2024 /PRNewswire/ — Swaps, one of the leading provider of crypto payment gateways for personal and business use, today announced the launch of its new product, Payment Links, an advanced solution designed to simplify and enhance the way users receive payments and transfers in crypto and fiat currencies.

Swaps Payment Links: Streamlining of Crypto and Fiat Transactions

Payment Links offers a user-friendly solution that caters to the diverse needs of modern businesses and individuals. By visiting the company’s platform at swaps.app, users can effortlessly create a payment request as a simple invoice by specifying the desired amount and currency (crypto or fiat). The process generates a unique payment link accompanied by a QR code, which can be sent to the payer or displayed directly for scanning.

Insights from Swaps

Alexander Aveshnikov, CMO at Swaps, shared insights into the strategic vision behind Payment Links: “Our goal with Payment Links was to create a tool that not only simplifies the payment process but also addresses the main friction points in crypto and fiat transactions, such as accessibility, transfer fees, diversity of payment methods and user experience. Payment Links embodies our commitment to these principles, offering a versatile and straightforward solution that empowers our users to transact globally with ease and can also be integrated into any business.”

How It Works

The payer can follow the link to a secure payment page where they can choose from multiple convenient payment methods, including bank cards, bank transfers, cryptocurrency, and various alternative and local payment options. The payer makes the payment in a couple of clicks, Swaps does the entire transaction processing on its side so that the transfer is delivered to the recipient as soon as possible. This flexibility ensures that Swaps’ Payment Links can meet the diverse needs and preferences of global users.

Benefits for Users Worldwide

With Swaps Payment Links, recipients can receive funds in their chosen format, whether in crypto or fiat currencies, no matter their location. This innovation addresses significant challenges in the payment industry, such as high fees, lack of universal accessibility, and slow processing times associated with traditional banking systems.

Why This Matters

In an increasingly interconnected world, the demand for versatile, fast, and secure payment methods continues to rise. Payment Links provide businesses and individuals with an efficient tool to manage global transactions effectively. This new release reflects a step forward in addressing the evolving needs of the financial technology market.

About Swaps

Swaps is a fintech company that specializes in providing advanced crypto and fiat payment solutions. By integrating cutting-edge technology with user-centered design, Swaps aims to build a bridge between traditional and decentralized finance, making digital and fiat currency transactions accessible and practical for everyone. Swaps is fully licensed and regulated in Estonia and Canada, ensuring a secure and reliable service for users worldwide.

For more information please visit: https://www.swaps.app/

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LONDON, May 15, 2024 /PRNewswire/ — From the Accountex show in London, IRIS Software Group, a leading global software provider of accounting, edtech, HR and payroll solutions, today unveiled IRIS Elements Central Business Review, a new client dashboard module for its IRIS Elements cloud software platform. This module will help IRIS Elements users facilitate advisory conversations with their clients and is available for demo for the first time at IRIS’ stand, 940, at Accountex.

Available in May 2024 for early adopter customers, IRIS Elements Central Business Review is a unified dashboard that leverages client accounting data to display a range of key performance indicators (KPIs) and real-time updates. With this dashboard, accountants will be better equipped to conduct financial performance health checks with clients, reducing the time spent switching between different bookkeeping tools, running ad hoc reports, and referring to multiple spreadsheets.

Mark Chambers, Managing Director for Accountancy at IRIS commented: “In today’s age of rapid digital transformation, clients are seeking quick, real-time insights and advice from their accountant. With businesses generating increasing amounts of financial data across disparate software systems, it’s more important than ever to invest in interoperability. At IRIS, we want to ensure our Elements customers have access to consistent, accurate data to meet, and exceed, these evolving client expectations.”

This module is made possible through IRIS’ agile software design and API architecture that extracts and transforms external data from third-party applications and bookkeeping tools – allowing for desktop and cloud applications to intelligently communicate back and forth (bi-directionally) and synchronise data in real-time. The first version of the module will provide full integration with Xero, and future versions will be able to pull third-party data from a wider ecosystem of vendors including all the major bookkeeping products.

IRIS Elements is a cloud-based platform, so this new module will be constantly enhanced and updated in real-time. This cloud functionality also establishes a centralized hub of current and historical data across various sources, allowing for improved data quality, query performance and a comprehensive view of trends over time.

Chambers continued: “The battleground for modern businesses is data and IRIS is on a mission to help our customers stay future-facing with cutting-edge technologies, such as machine learning, pattern recognition, workflow inspection, and natural language processing. We will continue to help our accountancy clients accelerate their digital transformation journeys by exploring and integrating new technologies with user experience and security top-of-mind.”

Notes to editors:

IRIS Elements’ Hybrid by Design brings together desktop and cloud for a seamless experience, enabling accountancy customers to cope with complex compliance tasks in one place, with one client list between desktop a cloud. This is a distinctive technological implementation, as it allows cloud and desktop to work together. IRIS has developed specific bridging technology that keeps the two systems synchronised at all times, providing customers with an ability to stage their transition into the cloud.

In 2023, IRIS Elements won ‘Cloud Innovation of the Year‘ at the UK IT Industry Awards and ‘Cloud Vendor of the Year‘ at the Computing Cloud Excellence Awards.

About IRIS Software Group
IRIS Software Group is a global provider of mission critical software and one of the UK’s largest privately held software companies. IRIS provides software solutions and services for finance, HR and payroll teams, educational organizations, and accountancy firms that takes the pain out of processes and lets professionals focus on the work they love. Through simplifying, automating and providing insights on everyday mission critical tasks for organizations of all shapes and sizes, IRIS ensures customers can look forward with certainty and confidence.

IRIS is the largest third-party online filer with the UK Government. Ninety-three of the top 100 UK accountancy firms use IRIS software. One in six of the UK’s workforce is paid by IRIS payroll offerings, and globally, six million employees receive their payslip via IRIS software every month. More than 850,000 UK employees are managed by IRIS HR solutions. Over 12,000 UK schools and academies use IRIS, with four million parents and guardians using IRIS apps to connect with their children’s school; 300 million messages are delivered between schools and parents each year, and over £15 million transactional payments are processed every month. IRIS is certified as a Great Place to Work® and recognized as one of The Times Top 50 Employers for Gender Equality in 2023. IRIS is also recognized as one of the Best Workplaces for Wellbeing, one of the Best Workplaces in Tech and one of the Best Workplaces for Women.

To see how IRIS helps organisations get things right first time, every time, visit www.iris.co.uk or follow IRIS Software Group on LinkedIn, Twitter and Instagram.

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LONDON, May 15, 2024 /PRNewswire/ — Exam season is upon on us.  As students try to cope during this pressure-cooker time, many parents are turning to reward children for their hard work not just exam success according to a survey by nimbl, the leading pocket money card and app for 6 to 18 year olds. 

The survey highlights that although parents want their children to do well, getting the top results is not the number one priority for the majority of those surveyed, with  8 in 10 primarily want to show their appreciation for their child’s efforts and 6 in10 want to motivate them to work hard.

Parents surveyed expressed that the motivation to reward their child for academic achievements has broadened.  More than half the parents  want to help foster important life skills such as focus and a good work ethic.  This signals an attitudinal shift from previous years where focus was more on rewarding children to achieve top grades. 

Majority surveyed (8 in 10) believe that rewards help their child understand the connection between hard work and financial rewards, with over 1 in 2  believe it is very important to give rewards to encourage them to work hard in school.  4 in 10 parents feel that introducing rewards early on can prepare children for the competitive nature of the workforce and help develop valuable skills such as discipline and goal setting. 

“The rewards should be varied and discussed – something that the children will appreciate but not expect as a given. This should motivate and encourage them to work hard and develop a work habit that will help them throughout their lives.  They understand it’s given for their dedication not high scores,” said Sylvia (region), son xx (17).

With the growth of children’s mental health issues reaching crisis point according to the NHS, the nimbl survey found that 47% of parents prioritise their child’s mental health over academic success and 49% want to achieve a balance their child’s academic success with their overall happiness and mental health.

The survey highlighted that support for academic achievement also came from other family members and friends (6 in 10), with grandparents playing a key role in rewarding their grandchildren, nearly 1 in 2. 

Experts argue putting a price on academic achievements may undermine the intrinsic motivation for learning, the importance of intellectual curiosity and passion for knowledge. When students are solely motivated by money or rewards, there is a risk that the joy of learning and personal growth may take a back seat.

Ultimately, there is no right answer and parents can feel conflicted even when they are using incentives and question if it is putting more pressure on their child.  The Nimble survey showed 1 in 10 parents often feel conflicted and 3 in 10 sometimes feel conflicted.

Alana Parsons, nimbl, Chief Executive, said: “As you would expect there are many opposing views on incentivising children to study.  But what the nimbl survey does signal in Mental Health Awareness month is that whatever side of the fence you sit on, we need to address the narratives around academic achievements and the values we nurture in our children’s formative years to pave a way to a healthier and more successful society and future workforce.”

Notes to Editor

nimbl surveyed 353 parents of children aged under 11 – 18 years old.  Full release here

About nimbl

nimbl is an award-winning pocket money card and app, designed with parents, carers and young people in mind.   https://www.nimbl.com/

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