PYMNTS

AUGUST 8, 2019

But reports also noted that the acceleration of check payments could have significant impact for companies and small businesses that use paper checks to pay vendors or employees. Keeping Checks In B2B Payments. It’s costly because people run overdrafts or take out short-term loans, and it’s economically inefficient.”.

FedNow 66

FedNow Checks B2B Federal Reserve 66

PYMNTS

SEPTEMBER 23, 2019

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. As businesses continue this shift, it is no longer safe to assume that corporates are not interested in faster payments.

B2B 49

B2B ISO 20022 Payment APIs and Integration ISOs 49

PYMNTS

FEBRUARY 10, 2017

It was another week of varied investments for B2B venture capitalists, who, in total, raised more than $79 million for the space. B2B payments, alternative SME finance, enterprise cybersecurity, data management and logistics all secured a financial boost — find out which startup scored the most in our breakdown below. B2B Payments.

B2B 51

B2B FinTech Cybersecurity Small Business 51

PYMNTS

OCTOBER 23, 2019

Small business cloud accounting firm Xero is strengthening its partnership with U.K.-based 22), with their tie-up allowing small businesses to automatically accept recurring payments from their customers and then mark those invoices as “paid” within Xero. businesses continue to make B2B payments via paper check.

Small Business 40

Small Business Payments ACH Authorization 40

PYMNTS

OCTOBER 1, 2018

One-quarter of small businesses continue to record financial data on paper instead of keeping digital records, according to a new survey by Clutch, a B2B ratings and reviews firm, and the tactic is exposing these companies to security risks. Clutch surveyed 302 small business owners and decision-makers for its report.

Risk 43

Risk Security Small Business Accounts 43

PYMNTS

DECEMBER 6, 2019

For Eyal Shinar, CEO of Fundbox , understanding the burden that cash-flow bottlenecks and delayed invoice payments have on B2B companies came through personal experience. His mother, who owned a small staffing business, regularly faced cash-flow constraints as business clients would wait months to pay for staffing services provided.

B2B 53

B2B Small Business Innovation CRM 53

PYMNTS

APRIL 11, 2019

Lawmakers in Australia are pushing for legal assistance for small businesses that find themselves in dispute with banks, reports in The Sydney Morning Herald said Wednesday (April 10). Further, the report noted, legal aid commissions fail to address the needs of small businesses in particular.

Disputes 60

Disputes Small Business Legal Rules 60

PYMNTS

NOVEMBER 18, 2020

The Clearing House 's RTP network is now several years old, and while the real-time payments capability is gaining traction, adoption in the B2B landscape remains muted. Indeed, it can be difficult for businesses to change their payment habits. Today's Most Valuable Use Cases. It's not just about the speed.".

RTP 82

RTP Use Case Real Time Payments ISO 20022 82

PYMNTS

FEBRUARY 27, 2020

Small businesses continue to embrace digital banking. At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB) customer base, with open banking and bank-FinTech collaborations an important part of that strategy. Open Banking Drives Challenger Bank Adoption.

Small Business 77

Small Business Third-Party Service Provider Privacy Financial Crimes 77

PYMNTS

DECEMBER 11, 2020

Their financial service providers are challenged, too, in looking into the future and forecasting the performance of small business clients seeking financing to carry them through the pandemic. According to Puskar, small businesses face a tough challenging act when it comes to their financing needs. A Hectic Experience.

Posting 93

Posting Small Business Assessments Returns 93

Payments Source

MARCH 5, 2020

As businesses change strategy and staff deployments quickly, their payment needs and flows will change rapidly, says Baldwin Hackett & Meeks’ Jack Baldwin.

Processors 88

Processors B2B Payments Business Continuity 88

PYMNTS

DECEMBER 2, 2020

Small businesses are turning toward their financial service providers now more than ever, not only for access to working capital and key products to run their business, but also for advisory services and guidance on how to navigate today's volatile market. An Agile Business Model. Getting Creative.

Credit Union 66

Credit Union Small Business Adjustments Service Provider 66

PYMNTS

MARCH 7, 2019

Small businesses continue to struggle amid a tight labor market in the U.S., The company released its Paychex | IGH Markit Small Business Employment Watch report this week, finding that while average small business wages rose for hourly workers, hiring remained flat through the month of February.

Continuity 43

Continuity Small Business Payroll Business Continuity 43

PYMNTS

OCTOBER 8, 2019

The year’s final quarter is upon us, marking an opportunity to look back at Q3 and obtain a reading of small businesses’ most pressing — and most timely — concerns. This week’s B2B Data Digest dives into the latest surveys of U.S. small businesses and finds, unsurprisingly, a trove of challenges on business owners’ plates.

Small Business 53

Small Business Non-Bank Debit Card Disputes 53

PYMNTS

FEBRUARY 4, 2019

While there’s been talk of an economic slowdown ahead, and declining optimism among the business community, the latest stats on small businesses (SMBs) are quite positive. “Small businesses continue to be big contributors to the U.S. economy,” said SBA Acting Chief Counsel Major L. .

Technology 52

Technology Small Business Economy Business Continuity 52

PYMNTS

NOVEMBER 14, 2019

While small businesses often struggle with a lack of integrated digital tools from their traditional financial service providers, the friction in small business banking is often acute even before an SMB opens an account. Power found that small businesses continue to embrace mobile banking, with its 2019 U.S.

AML 59

AML Online and Mobile Banking Small Business Deepfake 59

PYMNTS

AUGUST 10, 2020

The grocery industry has been among the most active sectors in supporting cash flow through supply chains, and this week’s B2B Data Digest finds Ireland’s supermarket industry continuing those efforts. PYMNTS rounds up the latest data in late B2B payments news below. Yet not every company has followed suit.

B2B 61

B2B Payments Disputes Legal 61

PYMNTS

APRIL 2, 2018

small businesses continue to struggle with access to bank funding, according to reports in Financial Times on Friday (March 30). Small business group SME Alliance spoke to the House of Commons select committee to discuss small firms’ ongoing challenges in seeking bank loans.

Small Business 49

Small Business Legal Treasury Finance 49

The Fintech Times

DECEMBER 5, 2023

Innovating B2B payments Stacey Sterbenz, general manager, UK commercial at American Express In 2024, there will be an increase in payments digitisation for businesses, driven by the pursuit of efficiency, says Stacey Sterbenz, general manager, UK commercial at American Express.

B2B 59

B2B On-Demand Automation Innovation 59

PYMNTS

FEBRUARY 8, 2018

The expansion of Amazon Business continues, this time in Europe. Amazon Business, the B2B commerce unit of Amazon, has launched in France, the company said on Wednesday (Feb. A press release noted that Amazon Business enables companies in these markets to procure goods online in their native languages.

B2C 40

B2C Commercial Card B2B Small Business 40

PYMNTS

DECEMBER 17, 2018

In the latest “ Biz2Credit Small Business Lending Index ,” researchers found — yet again — that financial institutions (FIs) are continuing to increase their loan approval rates. Below, PYMNTS examines some of the key findings of D&B’s report in the context of rising small business loan approval rates.

Small Business 62

Small Business On-Demand Research Legal 62

PYMNTS

MAY 1, 2018

One of the nation’s most recent B2B FinTechs to land funding is Fyle, a small business expense management company that landed $1.1 But while small businesses and their employees may have adopted electronic payments, the way SMBs manage data on those expenses has remained stuck in the past.

Small Business 40

Small Business Push-to-Card B2B Automation 40

PYMNTS

MARCH 13, 2017

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey. small businesses. 37 percent of SMEs in the U.K.

Technology 51

Technology Small Business Research Accounts 51

PYMNTS

DECEMBER 30, 2019

Small businesses continue to flock to online platforms to find much-needed financing, with banks still failing to fill the demand for small to medium-sized business (SMB) loans despite economic growth in the U.S. They are really wreaking havoc across America’s small businesses.”.

Federal Reserve 52

Federal Reserve Small Business Non-Bank PayPal 52

PYMNTS

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. accounting FinTech Receipt Bank, business lender Capital on Tap is facilitating the rollout of the Receipt Bank Card, a commercial card for small businesses.

Payroll 83

Payroll Commercial Card Legal Facilitators 83

PYMNTS

JUNE 15, 2020

Supply chain disruptions and economic volatility have elevated risk exposure for many enterprises, but for small- to medium-sized businesses (SMBs) operating globally, that risk of exposure can be catastrophic. Indeed, for some SMBs, it already has, with economists anticipating a wave of bankruptcies and permanent SMB closures ahead.

Cross-Border 98

Cross-Border Non-Bank Addressing Underwriting 98

PYMNTS

DECEMBER 12, 2017

That’s the status quo in corporate payments, and it’s not only creating friction for the business payer; it’s creating headaches for small business (SMB) accounting too. He recently told PYMNTS that small business accountants are much like their clients in the way they make and receive payments.

Accounts 44

Accounts Wire Transfer Wires Wire 44

PYMNTS

DECEMBER 13, 2019

One can’t move money without moving information — a fact that’s particularly true for the B2B payments space, in which remittance and transaction data is a critical component of accounts receivable and accounts payable operations. ” The Government’s Private Sector Influence. AUD [$21.29 AUD [$21.29

Government 52

Government Governance Payments B2B 52

PYMNTS

MAY 29, 2017

small businesses endure when trying to get paid from their larger corporate customers. Small suppliers across the globe are struggling with cash flow as businesses turn to extending payment terms to extend their own capital. It seems like every week new data surfaces about the struggle U.K. In the U.K., In the U.K.,

Regulations 40

Regulations Small Business Payments B2B 40

PYMNTS

MAY 25, 2020

In a black swan event such as the pandemic, ensuring business continues to flow not only means mitigating volatility of today. For many businesses along the global supply chain, it may also mean introducing changes that will affect how trade is done well into the future, too. Shapeshifting Supply Chains.

Adjustments 57

Adjustments B2B Product Mitigation 57

PYMNTS

NOVEMBER 3, 2016

Power finds that small businesses are increasingly willing to switch banks, and that means alternative players can snatch clients away from banks. Small Business Banking Satisfaction Study found that, as small businesses in the nation continue to grow, they’re more likely to seek out working capital financing.

Small Business 72

Small Business Finance Service Provider Business Continuity 72

PYMNTS

JULY 10, 2019

And in the near-term, small businesses aren’t necessarily jumping for joy over the figures. Small Business Frustration. The two-year long, gradual slowing of small business job growth took on a more rapid pace in June,” said IHS Markit Chief Regional Economist James Diffley in a statement.

Small Business 46

Small Business Federal Reserve Payroll Fed 46

PYMNTS

AUGUST 27, 2020

Megan Kakani , head of emerging products with KeyBank Enterprise Commercial Payments, said "managing cash flow and payable needs become more complex" as businesses continue to grow in size. "As "Through the power of Bill.com’s technology, Key CashFlow does that and more, helping to strengthen customers’ bottom line.".

Small Business 61

Small Business Business Continuity Economy Automation 61

PYMNTS

OCTOBER 2, 2017

BusinessCreator, a company designed to help small businesses get started with marketing services, will now enter the SMB financing realm. 29) that it is introducing small business loan capabilities for its clients by linking borrowers to a network of lender partners. “As The company announced news on Friday (Sept.

Small Business 40

Small Business Finance Business Continuity Continuity 40

PYMNTS

DECEMBER 30, 2019

Unlike a small business, the middle market typically holds a lower-risk profile with steady profits and strong growth. Yet, according to Kris Carrera, general manager and business line executive of Credit Payments at FIS , the middle market is often underserved — particularly when it comes to commercial card products.

Commercial Card 53

Commercial Card Push-to-Card Small Business Addressing 53

PYMNTS

NOVEMBER 12, 2020

Speaking with PYMNTS, Crystal discussed why some businesses may be better positioned to go the crowdfunding route when they need financing. Even with a surge in PPP financing, many early-stage businesses continue to struggle to access capital from traditional sources. The High-Risk Perception.

Regulations 92

Regulations Credit Union Small Business Finance 92

PYMNTS

FEBRUARY 14, 2017

has begun the process of finding a commissioner to focus on late supplier payments as small businesses continue to struggle with cash flow, but reports of the initiative were released alongside separate reports that found one government entity struggling to pay its own suppliers. Reports by The Telegraph on Sunday (Feb.

Government 40

Government Governance Payments Small Business 40