Welcome to our dedicated page for Xtm news (Ticker: XTMIF), a resource for investors and traders seeking the latest updates and insights on Xtm stock.
XTM Inc. (OTCQB: XTMIF | CSE: PAID) generates frequent news as a fintech company focused on automated tip pooling, instant payouts, and Earned Wage Access (EWA) through its AnyDay™ platform. The company’s updates often highlight how its technology supports employees, gig workers, and employers in hospitality, personal care, staffing, and other service-driven sectors.
News coverage for XTM commonly includes corporate and governance developments, such as changes to its Board of Directors and the appointment of advisors with deep experience in payments, financial services, and enterprise technology. These announcements provide insight into how XTM is shaping its leadership and governance to support enterprise partnerships and regulatory alignment.
Investors and observers also see regular product and platform updates. Recent releases have described the expansion of earnings access options within the AnyDay ecosystem, the introduction of Scheduled Payments to bank accounts, and the shift toward virtual card features that reduce reliance on physical cards. XTM’s news has also covered the migration of more than a hundred thousand members to Everyday Payments’ virtual tokenized wallet platform, which supports same-day gratuity, expense, and petty cash management.
Another recurring theme in XTM’s news is strategic and financial restructuring. The company has reported on asset sales, management services agreements, and cost reduction initiatives designed to move toward a capital-light, profit-sharing model. These stories provide context on how XTM is adjusting its operations, processing infrastructure, and financing approach while continuing to support its AnyDay and Everyday Payments platforms.
By following XTM’s news feed, readers can monitor developments in its EWA and instant pay offerings, governance changes, business model evolution, and partnerships that shape its role in the broader digital payments and real-time payroll landscape.
XTM, Inc. (OTCQB: XTMIF) has partnered with The Fifteen Group, a prominent North American hospitality consultancy, to enhance operational efficiency in the restaurant sector with its Tipstoday™ early gratuity access payout solution. This collaboration aims to leverage digital tools to optimize gratuity management, thereby improving employee satisfaction and operational profitability. Additionally, XTM announced the issuance of 525,000 restricted share units (RSUs) to external board members and strategic partners as part of its compensation plan, effective July 7, 2021.
XTM, a fintech company focused on mobile banking solutions, has partnered with Denny's Canada to implement its Today™ mobile app and prepaid card for gratuity payouts. This strategy allows Denny's employees to receive their tips quickly and directly, enhancing employee satisfaction without costs to the restaurant. XTM's solution is designed for the hospitality sector and is used widely across Canada and the U.S. Additionally, XTM issued 304,054 Restricted Share Units (RSUs) to key employees as part of its incentive plan, aligning management interests with shareholder value.
XTM, Inc. (OTCQB: XTMIF), a fintech company based in Miami and Toronto, has integrated its Today™ Mobile app with Lightspeed (TSX: LSPD), enhancing electronic wage access for employees of Lightspeed's merchants. This integration allows for seamless instant payout of employee wages and gratuities, eliminating fees and improving cash flow for businesses. CEO Marilyn Schaffer highlighted potential growth with top-tier golf courses expressing interest in the service. This collaboration aims to simplify the payroll process for businesses in the retail and hospitality sectors.
XTM, Inc. (OTCQB: XTMIF) announces the appointment of Jason Giagrande as Head of Business Strategy for the U.S. market, aiming to support its growth in the neo-banking sector. Giagrande has extensive experience, managing over $3 billion in food and beverage revenues. Additionally, Dan Tyler has been promoted to CFO, effective June 1, 2021, with Olga Balanovskaya assisting during the transition. CEO Marilyn Schaffer expressed excitement about Giagrande's role in enhancing XTM's Today™ solution across the U.S.
XTM, a fintech company focused on neo-banking and payment solutions, reported significant increases in user numbers due to the reopening of restaurants in British Columbia. The growth is linked to the resurgence of outdoor and indoor dining, with hundreds of locations onboarded and tens of thousands of active users. CEO Marilyn Schaffer expressed optimism about the recovery of service industries, highlighting a positive outlook for continued growth. XTM aims to enhance earnings payouts and reduce banking fees while servicing prominent hospitality brands across Canada and the U.S.
XTM, Inc. (OTCQB: XTMIF) has appointed Randy Khalaf to its Board of Directors as Chair of the Audit Committee. Khalaf, currently CFO at Novus International, brings over 20 years of financial leadership experience. CEO Marilyn Schaffer welcomed Khalaf, highlighting his expertise as critical for navigating XTM’s US expansion and growth strategy. Additionally, Paul Haber has resigned from the board. XTM specializes in mobile banking and payment solutions, aiming to eliminate fees and expedite payouts for businesses.
XTM, Inc. announced the full U.S. rollout of its Today™ instant mobile employee payout solution, coinciding with many states lifting COVID-19 restrictions. The company has integrated its service with various restaurants and POS platforms, onboarding active users ahead of the launch. Key markets include Florida, Texas, New York, and Nevada. XTM will also announce new executive hires and board expansions to support U.S. operations. CEO Marilyn Schaffer expressed optimism about post-pandemic spending, likening it to the Roaring 20s.
XTM Inc. (OTCQB: XTMIF) has announced that several Pizza Hut franchisees will utilize its Today Mobile App for same-day driver payment solutions. The partnership aims to address the growing need for instant access to wages in the food delivery sector, as cash transactions decline. According to Nelson Wong from Marble Restaurants, XTM's fintech solution provides an efficient and cost-free way to handle payouts. CEO Marilyn Schaffer emphasized the integration with Pizza Hut's point-of-sale system as a key example of XTM's scalable business model, enhancing operational efficiency for franchisees.
XTM, Inc. (CSE: PAID, QB: XTMIF) announced a delay in filing its annual audited financial statements for the fiscal year ended December 31, 2020, due to unforeseen administrative and audit delays linked to COVID-19 shutdowns in Ontario. The company plans to submit these financial statements on May 4, 2021, after trading hours on the Canadian Securities Exchange. XTM specializes in fintech solutions for expedited earnings payouts and offers a mobile app and debit card services.
XTM Inc. (CSE: PAID, OTCQB: XTMIF, FSE: 7XT), a fintech company based in Miami and Toronto, will present live at VirtualInvestorConferences.com on April 15 at 2:00 PM ET. This event allows investors to engage via real-time questions, with an archived webcast available post-event. Recent highlights include U.S. rollouts, partnerships with major brands, and cryptocurrency trading features in their Today™ Wallet. XTM focuses on mobile banking solutions and eliminating banking fees for businesses and workers.