2021 proved to be a record-breaking year for digital healthcare, according to Rock Health’s annual year-end report. Digital health funding among US-based startups reached an astounding $29.1 billion, doubling the amount raised in 2020 ($14.9 billion). There are many reasons that explain this rise in digital health funding. As a disruptor, digital health is finding ways to fill enormous gaps in the healthcare industry, including accessibility and affordability. These issues were especially highl

The start of a relationship is an exciting time — getting to know someone and what they like. What’s sexier than loving someone else? Loving yourself, of course. But, for women especially, innate confidence and esteem can be hard to naturally come by. A study by Cornell University found that men overestimate their abilities and performance, while women underestimate both. In fact, actual performance does not differ in quality or quantity. These qualities also play a huge role in successful int

The future of business payments with Veem Any good idea, science project, or experiment starts with a question. Veem’s CEO, Marwan Forzley, was no different. Forzley compares Veem’s technology to paying for a coffee. When the cashier tells you how much you owe, whether it’s a card, your phone or the coins in your pocket, “you don’t think of how you pay, you just do it,” he explains. Veem looks to simplify international wire transfers between businesses in the same way. At Veem, our mission was

The latest in an investigation from CBC News proves once again the uncertainty, and fragility, of wire transfers. Long-time client of Cidel Bank Canada, Rod McLeod is now suing his bank for gross negligence and the return of more than $800,000 after his money was wired to a fraudulent account despite red flags being raised. During an attempted real-estate purchase, McLeod received an email from his “realtor” asking him to send the balance to a different account. All it took was a new email ad

Time is money, and money is time. You’ve heard this cliché before and if you’re a small or medium sized business (SMB) owner, you might live by this statement. With fewer resources, less staff, and more work, time is everything to the small business owner. On average, business owners work approximately 50 hours a week. But, to them, it doesn’t feel like it. Time flies when you’re doing everything, all the time. So where does all the time go? One frequent, albeit necessary time waster is admini

Sending money bank-to-bank is a task no business can avoid. And in this modern global era, doing business with only those nearby simply isn’t possible. Inevitably, you will have to send money around the world to your employees, suppliers, miscellaneous bills, and more. And more often than not in these scenarios, a bank wire is the first thing that comes to mind. While bank wires and wire transfers are often used interchangeably, they aren’t synonymous. There is a key difference between these m

It’s nearly 2020, and while cars still don’t fly, a lot has changed in the way payments are executed and processed, and we’re here for it! In the last 70 years, payment technology has changed and evolved at a lightning fast rate. From credit cards to digital point-of-sale machines and now wire transfers, cryptocurrencies, and mobile payments. At the moment, the future of this technology seems infinite. The future of payments technology has everything to do with meeting the growing and changing

Hey Canada! Veem is in Canada’s Capital at IPBC Ignite 2019! We’re so excited to exhibit at this fantastic event and meet the bookkeepers that utilize our platform. To help our friends have the best possible time in Ottawa, here are our ten favorite things to do in and around the city. Stop by our booth on the main event floor. We’ll be there all week and would love to show you how Veem can help you and your clients change the way payments are made.

Once upon a time, financial literacy (also known as finlit) was left to the accountants and bookkeepers. They’re able to translate the numbers and decimal points into words and advice that business owners can understand to help determine their financial plan of action. A recent study by the Financial Industry Regulatory Authority showed that 60% of Americans said they were financially illiterate. And for many small-medium businesses (SMBs), accountants and financial advisors are luxuries few c