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NOVEMBER 12, 2020

Today In B2B payments, NeweggBusiness integrates business financing and payment terms via Behalf, while Deutsche Bank expands its cash management offering into Australia. Plus, GE shutters its staff audit program, and Park Place Payments partners up for small business B2B payments. 11) press release.

Cash Management 67

Cash Management B2B Audit Cross-Border Payments 67

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NOVEMBER 9, 2016

bank profited by pushing its small business clients into its Global Restructuring Group (GRG), allegedly imposing high fees and often forcing those SMEs into financial ruin. The saga hit what may turn out to be its pinnacle this week when RBS revealed it would allocate nearly $500 million to repay to its small business customers.

Small Business 55

Small Business NOV Regulations Authorization 55

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NOVEMBER 16, 2020

American Express has enhanced its Early Pay system with digital payment features aimed at giving large businesses greater control over their ability to make and receive B2B payments, the company announced Monday (Nov. Through Early Pay, buyer cash flow can be optimized by early payments funded by American Express or buyers.

B2B 53

B2B Payments Commercial Card Automation 53

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NOVEMBER 28, 2018

Deskera has secured an investment of more than $60 million from Jungle Ventures and other backers in support of its small business (SMB) cloud-based solutions, including enterprise resource planning (ERP), inventory management and customer relationship management (CRM) tools. According to The Business Times on Tuesday (Nov.

B2B 55

B2B CRM NOV FinTech 55

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NOVEMBER 26, 2020

KashFlow by IRIS Software Group will work with Yapily , an enterprise connection platform, to help enable real-time insights into cash flow and allow a frictionless end-to-end bookkeeping service, according to a Wednesday (Nov. 25) media release.

B2B 73

B2B Payment APIs and Integration NOV Small Business 73

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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

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NOVEMBER 4, 2016

Not every week can be a home run for B2B startups. Software-as-a-Service earned some surprising investor attention, but it was small business financing that earned the biggest round of the week. Reports Tuesday (Nov. million will be Tim McCormick, a veteran of the B2B software space and SaaSOptics’s new CEO.

B2B 74

B2B Finance NOV On-Demand 74

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NOVEMBER 5, 2019

-based NatWest has introduced Apple Pay to its 1 million small and medium-sized enterprise (SME) business banking customers, giving them more options to make payments on the go, LearnerBonds reported on Tuesday (Nov.

Small Business 40

Small Business Online and Mobile Banking Credit Cards Encryption 40

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NOVEMBER 5, 2018

Chinese conglomerate Tencent is the latest to step into the blockchain trade finance space via its FinTech unit Tencent Financial Technology, according to reports in China Daily on Friday (Nov. Its focus on trade finance and SMB services marks Tencent’s recent restructuring and refocus on B2B operations. B2B is not in our blood.

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B2B Blockchain Finance B2C 60

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NOVEMBER 21, 2016

India B2B payments firm Happay is now looking to accelerate the time it takes to onboard SMEs to its platform. The company revealed Friday (Nov. 18) that it rolled out its Express On-boarding Program for small businesses in the nation aimed to help SMEs more quickly use Happay services.

Small Business 76

Small Business NOV Credit Cards On-Demand 76

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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. This year, Small Business Saturday will take place Nov. SMB economy. It could have a positive effect.

Economy 80

Economy Small Business NOV Participant 80

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DECEMBER 1, 2016

as small businesses struggle to keep their financial heads above water. For the companies that do ultimately receive payment for their outstanding bills, the payment terms can be long and disrupt cash flow, leading business owners to struggle with paying their own suppliers and employees. Research published Monday (Nov.

B2B 52

B2B Payments NOV Research 52

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DECEMBER 3, 2018

According to The Wall Street Journal ( WSJ ) on Friday (Nov. lawmakers proposed a bill to make filing for bankruptcy easier, faster and more affordable for small businesses (SMBs) with $2.5 The Small Business Reorganization Act of 2018, introduced Thursday (Nov. 30), two U.S. million or less in debt.

Small Business 49

Small Business NOV Rules Security 49

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NOVEMBER 20, 2018

HSBC Bank Canada is collaborating with alternative lending firm Biz2Credit to streamline and digitize small business lending in the country. A press release issued Monday (Nov. 19) said HSBC Bank Canada is launching its eCredit solution, providing small business loan applicants with a digital platform to seek financing.

Small Business 60

Small Business NOV Process Finance 60

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NOVEMBER 16, 2018

Mastercard and Australia-based small business accounting platform MYOB are collaborating to streamline vendor payments and payroll. In a press release on Thursday (Nov. The company plans to introduce additional capabilities in small business payments for MYOB customers.

Visa 54

Visa Debit Card Payroll Online and Mobile Banking 54

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NOVEMBER 8, 2018

PayPal is broadening its small business financing offering into the German market, a press release announced on Wednesday (Nov. “With PayPal Businesskredit, we can now offer our large base of small and medium-sized businesses in Germany a quick and easy funding solution and means to grow their businesses.”

PayPal 77

PayPal Small Business Finance NOV 77

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NOVEMBER 9, 2018

small business customers. Reports in Verdict on Thursday (Nov. 8) said Barclays now allows small and medium-sized businesses to access a mobile eInvoicing tool, including invoice generation and submission. The solution is available within the Barclays mobile business banking app for both Android and iOS devices.

Small Business 67

Small Business Reconciliation NOV Returns 67

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DECEMBER 30, 2016

SMEs in India will have more time to pay off their loan debts as the nation looks to ease small businesses’ cash crunch following demonetization. Reports this week said the Reserve Bank of India (RBI) has extended standing special allowances for small business borrowers of outstanding loans. “On

Money Laundering 40

Money Laundering NOV Small Business B2B 40

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NOVEMBER 7, 2018

financial institution owned by RBS, has launched a mobile app-only small business bank account, according to reports on Tuesday (Nov. The solution is NatWest’s response to small firms’ demand for digital financial services, offering current account services, invoicing, bookkeeping and a debit card.

Accounts 63

Accounts Small Business Debit Card NOV 63

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NOVEMBER 2, 2017

small business (SMB) owners and freelancers are speaking out about their late B2B payments experiences in a new report by the Associated Press published Wednesday (Nov. Research released last week by Bibby Financial Services found that, compared to other jurisdictions, B2B payment times in the U.S. percent fee.

B2B 40

B2B Small Business Payments NOV 40

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NOVEMBER 13, 2019

New Zealand’s cloud-based accounting firm Xero is overhauling payments to integrate with TransferWise , Stripe and GoCardless , Xero said in a press release Wednesday (Nov. The integration will make it easier and faster for small businesses in the U.K. businesses manage money with real-time data.

Transactions 46

Transactions Small Business Payments Debit Card 46

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NOVEMBER 21, 2018

A new survey of small business owners suggests that small businesses are struggling to find the right targets for their technology investments. Research from Capterra published on Tuesday (Nov. The Internet of Things is another area of technological innovation in which small firms are skeptical of its value.

Small Business 51

Small Business CRM AI NOV 51

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NOVEMBER 11, 2016

B2B FinTech startups on this week’s list. But never fear: Europe and Asia pulled through with several rounds landing at alternative lending, eInvoicing and B2B eCommerce players. million in funding announced last Friday (Nov. next year as it looks to ease the cash flow burden of small and medium-sized enterprises.

NOV 64

NOV B2B Cross-Border Origination 64

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NOVEMBER 22, 2016

India’s small business finance space got some renewed attention by investors this week when local startup numberz.in offers cash flow management for businesses. The company secured $650,000 from Kae Capital and Khosla Impact, reports said Monday (Nov. announced seed funding. Owned by Paradime Technologies, numberz.in

Cash Management 71

Cash Management FinTech NOV B2B 71

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NOVEMBER 18, 2019

UPS-owned Ware2Go, which connects merchants with logistics and fulfillment services, is integrating small business financing to the platform through a collaboration with Fundera. In a press release issued on Monday (Nov. “It’s no longer enough just to create a good product,” she said.

Finance 43

Finance Small Business Credit Cards NOV 43

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NOVEMBER 11, 2019

lender HSBC made progress in the launch of its digital banking platform for small businesses, Kinetic, which is now operating in beta phase, Reuters reported on Monday (Nov. The bank expects a full launch of Kinetic in the first half of next year, when it is expected to integrate with HSBC’s banking infrastructure.

Small Business 42

Small Business Returns NOV Accounts 42

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OCTOBER 11, 2020

Patrick Smith was named head of Small Business Banking. Smith is new to the bank and will be based in Boston, overseeing the strategic direction, product pricing and portfolio management of the Small Business Banking division, Santander stated in the announcement. She is set to join the bank Nov.

Small Business 64

Small Business NOV Regulations Product 64

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NOVEMBER 10, 2017

Alternative small business lender Ultimate Finance is adding a new product to its offering built on Big Data and risk mitigation technologies. As covered in news reports by Asset Finance International on Thursday (Nov. As covered in news reports by Asset Finance International on Thursday (Nov.

Finance 40

Finance Risk Mitigation Mitigation B2B 40

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NOVEMBER 20, 2018

FinTech startup Plastiq has announced a $27 million venture capital funding round for its solution that lets businesses and consumers make payments with their payment cards, regardless of if cards are accepted. Investors at Kleiner Perkins led the Series C funding round, according to a press release issued by Plastiq on Monday (Nov.

Credit Cards 60

Credit Cards Payer Commercial Card NOV 60

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NOVEMBER 22, 2017

As Australian policymakers explore how to combat late B2B invoice payments to small- and medium-sized businesses (SMBs), the government is beginning to tackle the issue within its own walls. Reports in the Brisbane Times on Tuesday (Nov. Reports in the Brisbane Times on Tuesday (Nov.

Governance 43

Governance Government Payments Rules 43

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NOVEMBER 2, 2018

Credit scoring and data company Equifax has joined its top-two rivals on the Nav platform to offer small business (SMB) credit scores. In a press release issued Thursday (Nov. The partnership with Equifax will give SMB owners access to the three credit scores beginning next month, Nav noted.

Small Business 61

Small Business Data Breach Breach NOV 61

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NOVEMBER 11, 2020

Park Place Payments , which provides payment processing to companies, and Atlanta-based NOW® Corp unveiled a collaboration that is meant to change how small and medium-sized businesses (SMBs) take payments, according to a Wednesday (Nov. 11) announcement.

Payments 86

Payments NOV Credit Cards Small Business 86

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NOVEMBER 2, 2016

Reports by Financial Times on Tuesday (Nov. 1) said the program that requires traditional banks to refer small businesses to alternative lenders if they’re rejected for a loan has begun. Further, according to reports, 80 percent of small business loans are provided by the Big Four banks — RBS, Lloyds, Barclays and HSBC.

Small Business 74

Small Business Finance NOV Treasury 74

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NOVEMBER 16, 2016

Despite what Bank of America describes as a “challenging business environment,” SMBs are thriving, thanks in large part to friends and family. The bank released its latest semi-annual report on small businesses Tuesday (Nov. small businesses stay ahead. Close friends are also helping U.S.

Small Business 66

Small Business NOV Advisors Economy 66

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NOVEMBER 7, 2016

The stakes are high for businesses of all sizes, and the latest data on corporates in America makes that abundantly clear. Small businesses are anxious, and there is evidence that large corporates’ cash management and investment strategies are also being shaped by political uncertainty. We share all the details below.

Small Business 74

Small Business AFP Finance Cash Management 74

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NOVEMBER 8, 2018

The company announced this week the rollout of QR Pay, allowing small businesses to make a mobile payment via their mobile wallet or credit cards when doing business with FedEx. Small businesses can scan the FedEx-provided QR code presented by couriers or on invoices.

APACS 60

APACS Cross-Border Mobile Payments Small Business 60

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JUNE 8, 2018

Clarity , a startup that offers small businesses (SMBs) a way to manage their data , announced plans for a token sale before its official launch. “Small businesses power the global economy, but so many fail to reach their full potential because they don’t have clarity.”

Small Business 59

Small Business NOV Finance Verification 59