PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Based in France, Memo Bank announced a $22.5 Aye Finance. Pipe Technologies.

B2B 115

B2B Finance Small Business Underwriting 115

PYMNTS

JUNE 16, 2019

New data showed that small business optimism rose 1.5 According to the National Federation of Independent Business ( NFIB ), six factors in the Small Business Optimism Index improved, three were unchanged, and one fell. The May NFIB Jobs Report also revealed that small business owners added a net addition of 0.32

Small Business 41

Small Business Shutdown Economy Volume 41

PYMNTS

JANUARY 21, 2021

Today in B2B payments, European banks grow wary of small business loans, and Xero collaborates on API bank connectivity. Euro area banks have cut back on lending, as the pandemic continues to threaten the economy. Euro area banks have cut back on lending, as the pandemic continues to threaten the economy.

API 85

API B2B Cross-Border Small Business 85

PYMNTS

APRIL 22, 2020

But when it comes to establishing operations abroad and managing money throughout the globe — whether it be reconciling finances across multinational business units or paying suppliers in foreign currencies — the challenges are vast. ” Exploring Alternatives. ” Easing Payments Friction. ”

Cross-Border 96

Cross-Border Economy Cross-Border Payments Multi-Currency 96

PYMNTS

JANUARY 11, 2021

India-based Goldiam International has completed the soft launch of its B2B website after the acquisition of Eco-Friendly Diamonds , a successful CVD diamond growing company, a report from Business-Standard says. B2B eCommerce has been on the rise as of late, as typified by Udaan 's $280 million funding round. per piece up by 0.62

B2B 78

B2B Small Business Innovation Economy 78

PYMNTS

FEBRUARY 13, 2020

We live in an era when it is possible for a small business with a great product to go global almost overnight, thanks to the power of the internet and mobile commerce. Yet, the opportunities for growth have not resolved the age-old problem of tight cash flow that small businesses face.

Small Business 60

Small Business Settlement Point-of-Sale (POS) Payroll 60

PYMNTS

SEPTEMBER 15, 2017

14) said Intuit’s report found a lack of proper record-keeping landed at the top spot of the list of the biggest frustrations for small businesses’ accountants, with nearly three-quarters of professionals surveyed saying this was the most common problem they saw. Reports Thursday (Sept.

Small Business 61

Small Business Accounts Audit On-Demand 61

Fintech Finance

AUGUST 21, 2024

Since joining Mastercard in 2013, she has partnered with governments and corporations to spearhead the adoption of B2B platforms, enhancing the efficiency and transparency of cross-border trade in Asia Pacific. Notably, she led the launch of Mastercard Strive Women in Vietnam with CARE, an international humanitarian organization.

Visa 98

Visa Cross-Border Economy Financial Inclusion 98

PYMNTS

NOVEMBER 12, 2018

Singapore bank DBS is introducing a new solution for small businesses to embrace digital payments and better manage cash flow, according to an announcement on the FI’s website late last week.

Small Business 63

Small Business Payer Payments Payments Tools 63

PYMNTS

NOVEMBER 9, 2020

This week's B2B Data Digest looks at the latest stats in the fight against late payments, and finds several instances in which the COVID-19 crisis has exacerbated the late payments problem. 54 days, on average, pass before Chinese businesses receive payments from corporate customers , new analysis from the Financial Times reveals.

B2B 70

B2B Small Business Payments Database 70

PYMNTS

JANUARY 9, 2019

One way this shift has materialized is in how small businesses seek and hire financial professionals to join their companies. In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers.

Small Business 71

Small Business Accounts Bots AI 71

PYMNTS

DECEMBER 4, 2018

The year 2018 was a record year for small business (SMB) optimism in the U.S., The Bank of America Business Advantage “ Fall 2018 Small Business Owner Report ” found continued positivity among the nation’s small businesses, and in their outlook for the months ahead.

Small Business 50

Small Business Economy Research Continuity 50

PYMNTS

MAY 6, 2019

In honor of Small Business (SMB) Week , which kicks off in the U.S. on Monday (May 6), banks and financial service providers are releasing troves of new data on how small businesses are managing money and preparing for growth. small business. Forty-three percent plan to seek credit.

Small Business 46

Small Business Ransomware Research Finance 46

PYMNTS

NOVEMBER 14, 2017

B2B payments are powerful, but so are mounting debts. 3 billion | The estimated number of people worldwide who are without a bank account (unbanked), but do have smartphone devices and could use said devices to participate in digital transactions and the global economy.

Economy 46

Economy B2B Payments Tools Payments 46

PYMNTS

MARCH 17, 2020

A dramatic decline in B2B transactions globally has leaders considering how to move forward, according to data from Tradeshift announced in a press release. Lanng said larger businesses had seen the importance of helping the supply chain stay afloat, and governments had begun implementing solutions to funnel cash into the languishing economy.

B2B 60

B2B Transactions Volume Cross-Border 60

Clearly Payments

MAY 30, 2024

million businesses in 2024. This does not include holding companies and businesses with no employees. million businesses. Here are some statistics about Canadian businesses grouped by size: small business, large corporation, and startup. Statistics for Small Businesses in Canada As of 2024, Canada has 1.29

Small Business 105

Small Business Credit Cards Online and Mobile Banking Economy 105

PYMNTS

DECEMBER 5, 2016

The world is preparing to enter into a new year, and small businesses are getting their New Year’s resolutions lists in order. PYMNTS checks up on the health of the small business in the U.S., Medium-sized businesses write off an average of $42,000 every year. SME lender Wirefund.

Small Business 75

Small Business Checks Finance Research 75

PYMNTS

OCTOBER 28, 2020

B2B ’s pain points when it comes to payments are well known — where paper checks dominate, where even the fax machine makes an appearance. Along the way, they said, the B2B payments landscape itself will be transformed, chiefly through digitalization and verticalization. Interconnectivity And Embedded Finance.

B2B 97

B2B Payment APIs and Integration Embedded Finance Payments 97

PYMNTS

NOVEMBER 18, 2020

As the holidays grow closer, American Express says research has shown that social media promotions and engagement could be a big boost for this year's Small Business Saturday event, according to a press release. SMB economy. This year, Small Business Saturday will take place Nov. It could have a positive effect.

Economy 80

Economy Small Business NOV Participant 80

PYMNTS

DECEMBER 27, 2018

In 1960, Yul Brynner, Steve McQueen and Charles Bronson introduced America to “The Magnificent Seven,” a John Sturges film in which seven men are hired to defend a small village in Mexico from bandits. What does this have to do with small business banking? Your 1040 and Self Assessment return will be next.

Small Business 70

Small Business Card Issuer Issuers API 70

PYMNTS

APRIL 17, 2018

Small Business Administration (SBA) are hosting a small business (SMB) hackathon later this month to promote the development of small business solutions. Reports in FedScoop said the event, part of Small Business Week, will offer the winner a $10,000 prize for its solution designed for SMBs.

Small Business 44

Small Business FinTech API Payroll 44

PYMNTS

JUNE 13, 2019

PayPal is introducing a new solution for Canadian small businesses (SMBs) to lower their logistics costs when doing business with the U.S. The company announced on Wednesday (June 12) that it will introduce shipping discounts for Canadian small business customers, as well as one-day shipping to the U.S.,

Cross-Border 46

Cross-Border Small Business PayPal Real Time Payments 46

PYMNTS

JULY 5, 2018

small businesses (SMBs) in June, leading to a decline in an index measuring economic health in those areas. According to the Paychex | IHS Markit Small Business Employment Watch , the Small Business Index in June declined to 99.40, a 0.69 Sluggish wage and job growth hit U.S. percent year-over-year decrease.

Small Business 40

Small Business Economy FinTech B2B 40

PYMNTS

MAY 4, 2017

Top FIs are rolling out their Small Business Week contributions. Capital One and Santander are two banks that both announced Wednesday (May 3) their perspective efforts to support small businesses as Small Business Week continues. So when small businesses flourish, everyone wins.

Small Business 40

Small Business Underserved Economy Industry Trends 40

PYMNTS

MAY 14, 2020

Hussein Ahmed , founder and CEO of Oxygen, said the gig economy in the U.S. To service people working in this new economy, Oxygen offers individual and small business accounts with no monthly fees. That is critical for gig economy workers, who often don’t distinguish between their personal and business lives.”. “We

Economy 53

Economy FinTech Consulting Small Business 53

PYMNTS

SEPTEMBER 6, 2017

Sweden is looking to become an epicenter for entrepreneurs and hopes to entice small businesses to set up shop, thanks to tax legislation changes in the country. Reports said legislators are also planning to lessen payroll taxes for small businesses. Reports Tuesday (Sept. billion for extra spend.

Small Business 51

Small Business Payroll Rules Addressing 51

PYMNTS

NOVEMBER 16, 2020

Today in B2B payments, Mastercard adds new features to its Track Business Payment Service, while a U.K. FinTech with a focus on small businesses secures a restricted banking license. Plus, FactorForYou launches, Ordway enables multi-entity B2B billing and Fiskl partners with Samsung Appstack.

B2B 56

B2B Visa Security Online and Mobile Banking 56

PYMNTS

MAY 21, 2018

Small businesses are in a tight spot when it comes to technology. It’s holding entrepreneurs back, too, with a lack of technology adoption being linked to lack of growth, cybersecurity risk and a broader impact on their national economies. At the same time, though, U.K. Thirty-one percent of U.K.

Small Business 41

Small Business Cybersecurity Real Time Payments Innovation 41

PYMNTS

OCTOBER 15, 2018

India-based PayMate is expanding its offering beyond B2B payment services as it steps into the small business (SMB) lending market. 12) said PayMate is collaborating with local banks, as well as Non-Bank Financial Companies (NBFCs), to introduce a small business finance option for its customers.

B2B 49

B2B Small Business Non-Bank Payments 49

PYMNTS

JULY 21, 2017

A new report from Indeed.com pinpoints the most in-demand professionals for small business employers, but it’s what’s not at the top of the list that has analysts surprised. ” Notably absent from the top 10 list is “small business accountant.”

Small Business 43

Small Business Accounts On-Demand Economy 43

PYMNTS

JULY 10, 2017

How many of those jobs were added at small businesses? New statistics released by CBIZ and Paychex paint very different pictures about June small business hiring practices. In its Small Business Employment Index , CBIZ concluded that small business hiring soared last month.

Small Business 41

Small Business Federal Reserve Economy Payroll 41

PYMNTS

JUNE 1, 2020

In today’s top news, China’s economy looks to be rebounding, and a minimum of $20 billion in PPP loans has been returned. China’s Rebounding Economy Is Likely Exception, Not Norm. Manufacturing indexes in China show that the country’s post-pandemic economy is on the rebound, the latest reports indicate.

Economy 52

Economy FTC Federal Trade Commission B2B 52

PYMNTS

MAY 9, 2016

Some of the largest financial institutions came out this week with new statistics on small business sentiment in the U.S. Small business sentiment is perhaps the most mixed and muddled metric. One constant is the ongoing presidential election, cited by several reports as the top concern among small business owners.

Small Business 44

Small Business Wire Transfer Addressing Economy 44

PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding.

B2B 59

B2B Small Business Payments Online and Mobile Banking 59

PYMNTS

JUNE 1, 2018

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based The report, entitled “The Economic Benefits of Online Lending to Small Businesses and the U.S. billion in 2017 from $2.6

Small Business 41

Small Business Credit Risk Assessments Research 41

PYMNTS

DECEMBER 27, 2019

It’s a trend that has already begun to manifest in 2019 as more B2B FinTech solutions not only announced integrations with banks, but with each other. The macroeconomic trends of a robust economy have led to both new SMB formations and growth in existing SMBs at record level,” he said.

Small Business 53

Small Business Payment APIs and Integration Credit Union Underserved 53

PYMNTS

NOVEMBER 2, 2017

Small business (SMB) ownership is preparing for a shakeup in the coming years as more entrepreneurs plan to exit and sell their companies between now and 2022. New data released from Chase in its Business Leaders Outlook report, published Wednesday (Nov. The Veteran Business Owner.

Small Business 46

Small Business Finance Economy NOV 46