PYMNTS

OCTOBER 19, 2020

Mastercard has added new B2B payment features in the Asia Pacific, intending to bolster its services for businesses looking for diverse payments methods, a press release says. Mastercard Track was debuted in 2018, and works on real-time data collection and faster payments, helping businesses with B2B payments.

B2B 75

B2B Visa Accounts Cross-Border 75

PYMNTS

FEBRUARY 13, 2020

Small business owners have historically faced a unique challenge in the banking world: Financial institutions (FIs) can sometimes fail to clearly define their small business services, blurring the lines between personal and corporate banking and forcing an SMB to fit somewhere within that ambiguity.

Small Business 61

Small Business Payment APIs and Integration Economy Finance 61

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

JULY 9, 2020

When it comes to B2B payments, the mobile device has limited traction. adoption is typically limited to contexts in which an individual may be making a purchase in a retail setting on behalf of a company: a professional on a business trip paying for lunch, for instance, or a delivery driver refueling while on the road.

B2B 82

B2B Cross-Border Cross-Border Payments Small Business 82

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

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

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

OCTOBER 3, 2019

However, according to new research from LexisNexis , loan fraud is now moving into the small business (SMB) front, leading to similar cases of small business loans taken out with no intent to pay, loans obtained via false small business identities or multiple fraudulent small business loans taken out for a single borrower.

Small Business 63

Small Business Credit Union Mitigation Account Takeovers 63

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

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

NOVEMBER 19, 2020

Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B payments tool and Billtrust embraces machine learning.

B2B 65

B2B Visa Commercial Card NOV 65

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

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 Payments Embedded Finance 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

DECEMBER 9, 2020

The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. B2B Use Cases Are Mushrooming. population, according to PYMNTS).

Use Case 134

Use Case B2B Cross-Border Payments Cross-Border 134

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

Fintech Finance

SEPTEMBER 12, 2024

Companies using Mastercard Business cards in the Eastern Europe, Middle East and Africa (EEMEA) region are set to benefit from a new value-added service – a business subscription management tool powered by technology partner Nuclei. The innovative feature will help small businesses streamline processes and reduce costs.

Visa 88

Visa Value Added Service Small Business On-Demand 88

PYMNTS

NOVEMBER 19, 2020

Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B payments tool and Billtrust embraces machine learning.

B2B 52

B2B Visa Commercial Card NOV 52

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