{"id":3236773,"date":"2025-11-18T07:00:00","date_gmt":"2025-11-18T12:00:00","guid":{"rendered":"https:\/\/www.pymnts.com\/?post_type=nw_announcement&#038;p=3236773"},"modified":"2025-11-17T11:51:58","modified_gmt":"2025-11-17T16:51:58","slug":"tailfin-launches-to-modernize-overlooked-payments-and-eliminate-the-hidden-costs-of-tail-spend","status":"publish","type":"nw_announcement","link":"https:\/\/www.pymnts.com\/newswire-announcements\/tailfin-launches-to-modernize-overlooked-payments-and-eliminate-the-hidden-costs-of-tail-spend\/","title":{"rendered":"TailFin Launches to Modernize Overlooked Payments and Eliminate the Hidden Costs of Tail Spend"},"content":{"rendered":"<p><strong>New York, NY, November 18, 2025<\/strong> \u2014 TailFin, a fintech company focused on automating overlooked business payments, today announced its official launch. TailFin addresses a long-standing challenge for enterprise finance teams: the slow, manual, and fragmented handling of small-dollar, high-volume payments often referred to as tail spend.<\/p>\n<p>Across industries, companies lose millions each year to the inefficiencies of tail spend and unclaimed payments. These small, scattered transactions, from refunds and settlements to vendor disbursements, make up 80% of payment activity but only 20% of total spend. Managed manually, they create high costs, compliance gaps, and poor visibility into cash flow.<\/p>\n<p>TailFin was founded by technologists and financial practitioners to digitize and automate overlooked payments with the payee experience top of mind. The company\u2019s intelligent disbursement platform consolidates fragmented workflows, routes payments through the most preferred rails, and gives payees choice in how they\u2019re paid, whether ACH, Venmo, Zelle, check, virtual card, or a donation, while embedding compliance at every step, including escheatment.<\/p>\n<p>\u201cOne of the biggest pain points I hear from treasurers is managing the outdated process of tail spend,\u201d said <strong>Donny Hoye, CEO of TailFin<\/strong>. \u201cMost payment tools weren\u2019t built to handle the complexity behind these small, high-volume transactions. We set out to change that \u2014 working directly with treasury teams to build a platform that modernizes every part of the process, from digitizing outreach and not relying on prepaid debit cards and reducing checks to simplifying escheatment. The result is a system that\u2019s efficient for practitioners and seamless for payees.\u201d<\/p>\n<p>TailFin\u2019s platform gives finance teams a unified view of tail spend activity across divisions, gives the payee a choice of payment, and embeds approvals and audit trails to ensure compliance. Real-time dashboards track supplier consolidation, cost reduction, and faster payment cycles \u2014 giving enterprises the visibility and confidence they need to manage payments more strategically.<\/p>\n<p>Early enterprise customers are already seeing measurable results, including a 70% reduction in tail-related expenses within six months, a 97% decrease in check-based payments, and payment cycles that are 50% faster with improved forecast accuracy.\u00a0<\/p>\n<p>\u201cTailFin bridges a critical gap in how money moves,\u201d said Hoye. \u201cWe\u2019re helping organizations modernize payments for a digital-first world\u2014giving recipients choice, ensuring compliance, and simplifying every transaction. There\u2019s a smarter way to manage tail spend, and we\u2019re proud to be leading the charge.\u201d<\/p>\n<p><em>###<\/em><\/p>\n<\/p>\n<p><strong>About Tailfin:\u00a0<\/strong><\/p>\n<p>TailFin, formerly known as Client Pay Direct, is a modern payments company that helps large organizations automate and manage small but important payments \u2014 like refunds, settlements, and disbursements. By turning manual payment work into a secure, digital process, TailFin helps businesses save money, stay compliant, and gain confidence in every transaction.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TailFin helps enterprise finance teams automate tail spend payments, achieving up to 97% digital conversion from checks; 50% faster payment cycles; and reduced escheatment exposure.<\/p>\n","protected":false},"author":102931,"featured_media":3236771,"template":"","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"press_contact_first_name":"Angela","press_contact_last_name":"Hoye","press_contact_title":"Head of Communications","press_contact_company":"Tailfin","press_contact_email":"angela@tailfinpay.com","press_contact_phone":"3039299163","meta_description":"TailFin launches a modern platform that automates tail spend payments, giving enterprises 97% digital conversion, faster payment cycles, and full visibility from initiation through escheatment. Learn how TailFin is transforming refunds, settlements, and small-dollar payouts for finance teams.","keywords":"","spt_article_id":"XJvCANoV836zyMc25ocnw","company_logo":3236772,"package_name":"Basic","spt_editor_url":"","footnotes":""},"tags":[],"class_list":["post-3236773","nw_announcement","type-nw_announcement","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>TailFin Launches to Modernize Overlooked Payments and Eliminate the Hidden Costs of Tail Spend | PYMNTS.com<\/title>\n<meta name=\"description\" content=\"TailFin launches a modern platform that automates tail spend payments, giving enterprises 97% digital conversion, faster payment cycles, and full visibility from initiation through escheatment. 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