PaymentHub

Unfortunately for independent creators, one of the toughest parts about starting out in the music industry is getting fair compensation in a timely and efficient manner. But music publisher Regard Music and residual and royalty payment platform Exactuals LLC are trying to change that.

Los Angeles-based financial software company Exactuals reports that its flagship product PaymentHub saw 250% year-over-year growth in the past 12 months.

Los Angles-based financial software company Exactuals has reported that its flagship PaymentHub product saw 250% year-over-year growth over the past 12 months, and passed $1 billion in all-time dollars processed.

In May 2019, SAG-AFTRA launched its program to get members to sign up for Direct Deposit of residuals. In October 2020, the union announced it had made its one millionth payment by Direct Deposit, transferring a total of nearly $200 million.

Exactuals, a top provider of cloud-based payment and metadata solutions to the insurance, entertainment, and music industries, is pleased to announce that Suracy Insurance Agency, Inc. (Suracy) has recently selected the company’s PaymentHub for Insurance digital payments platform to modernize Suracy’s ability to process payments and provide insights via reporting to internal and external partners and customers.

SAG-AFTRA’s initiative with payment-processing company Exactuals to provide direct deposit of members’ residuals has been enormously successful, marking 1 million deposits. Under the system, nearly $200 million has been deposited directly into members’ bank accounts since it launched nationally on May 1, 2019.

Exactuals, a leading provider of cloud-based payment services, today announced it will launch PaymentHub for Insurance, a modern SaaS, high-tech product that will streamline insurance commission payments.

Los Angeles-based industry payments specialist Exactuals is celebrating sign-ups for its direct deposit service by many of the 160,000-plus union members with SAG-AFTRA, the company announced, with the members using the service to receive residual payments regardless of a recent change of address or filming on location.

SAG-AFTRA is launching an automated residual payment process that will be available to its 160,000 members as of May 1, replacing paper residual checks. The union currently mails more than 10,000 paper checks a day.

Chris McMurtry, 39, is head of product at Exactuals, a company that helps entertainment industry clients handle payment management. McMurtry helped create a new product, which uses metadata to help calculate royalty payments.

Exactuals, a provider of solutions for complex payments and metadata issues in the entertainment industry, has partnered with Big Deal Music Group. Exactuals will provide advanced analytics services to Big Deal via its payer and payee portal dashboards to glean trends from real-time data for its entire roster and enable complete transparency for its artists.

Def Jam’s Steven Victor kicks off Billboard’s annual 40 Under 40 list of young music executives, revealing how his 14-year business alliance with Pusha T fueled his growth and success in the industry.

DotBlockchain Partners With Exactuals In Effort to Clear Up Music's Data Problem

Mike Hurst will remain CEO of Exactuals, and he and other top executives are being retained with multiyear contracts.