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Business Continuity Continuity Economy 
PYMNTS
MAY 5, 2017
million storefront businesses that form the lifeblood of the U.S. economy are on a run and are seemingly gaining momentum. According to the latest findings of the PYMNTS Store Front Index , small businesses across the U.S. are continuing to build on their gains from 2016. points, has since been picking up steam.
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. . percent, up from 2.28
43 
Fintech Finance
SEPTEMBER 25, 2024
This innovative approach not only minimizes revenue losses but also maintains business continuity during network outages and other disruptions, such as automatic fraud rules being applied to genuine transactions or problems with the acquirer or payments processor.
98 
PYMNTS
JUNE 23, 2020
One company capitalizing on the need for vet care is TeleVet , whose CEO Steven Carter told PYMNTS that the platform would likely be a permanent fixture in the years to come as millennials, focused on savvy digital modes of doing business, continued to want services in that digital mode.
70 
PYMNTS
JUNE 19, 2020
Finance reported. “Many small businesses will continue to struggle in the weeks and months to come,” Senator Ben Cardin (D-Maryland) told Yahoo. Congress must once again act urgently to support our most vulnerable small businesses through this crisis, so our economy can recover as quickly as possible after the pandemic.”.
PYMNTS
APRIL 23, 2020
and global economies. Business Continuity Is Key. Through our experience with previous black swan events and other crises, we know that a comprehensive business continuity plan should be developed and continuously evolved. This is imperative to mitigating impact.
63 
PYMNTS
SEPTEMBER 19, 2018
.” In another statement, PNC Treasury Management Executive Vice President and Head of Product Chris Ward said the demand for real-time payments across the globe is “critical” as the economy digitizes.
PYMNTS
NOVEMBER 12, 2020
And when federal funding runs dry, SMBs will continue to need financing to remain viable and thrive in a post-pandemic market. Speaking with PYMNTS, Crystal discussed why some businesses may be better positioned to go the crowdfunding route when they need financing. And the pandemic has accelerated the digitization of business.".
92 
Fintech News
MAY 20, 2024
The COVID-19 pandemic led to restrictions on physical gatherings, prompting businesses to swiftly move their marketing activities to online platforms and bringing webinars into the spotlight. of businesses reporting an increase in webinar hosting, and 28.3% Similarly, research by GoodFirms found a notable uptick, with 46.5%
121 
PYMNTS
AUGUST 27, 2020
Josh Goines , senior vice president with strategic partnerships and business development with Bill.com, said the collaboration will hopefully aid companies in digitizing to help them reach more of a profit.
FICO
APRIL 21, 2020
In the third installment of my series , here are some insights about the future of banking and what small business lenders should prepare for in a post-Coronavirus economy. When it comes to a paperless economy, most people have already become comfortable with the absence of cash and coin. More Contactless Customer Experiences.
75 
PYMNTS
JUNE 9, 2020
Small-business owners across the United States are feeling more upbeat about the state of the economy as a growing number expect the downturn to be “short-lived,” the National Federation of Independent Business ( NFIB ) reports. the small business group noted in a press release. The NFIB’s optimism index jumped 3.5
PYMNTS
APRIL 3, 2020
In today’s top news, Airbnb has lowered its internal valuation 16 percent as lockdowns continue to hammer business, and gig workers face uncertainty over how they will get any money from the government’s relief package. The SBA’s lifeline for the small businesses that are the backbone of the U.S. economy is now available.
52 
PYMNTS
NOVEMBER 19, 2020
The suite of Mastercard payment solutions aims to enable businesses to save time, reduce costs and manage business expenses in more streamlined ways. Amex Study: Social Media Shout-Outs Could Pump $197B Into SMB Economy. SMB economy. Payments Startup Veem Introduces New Tool for Easy B2B Payments. 18) press release.
65 
PYMNTS
APRIL 3, 2020
Short-term rental site Airbnb has lowered its internal valuation to $26 billion, a 16 percent drop, as business continue to be hammered by lockdowns, Reuters reported , citing sources familiar with the matter. At its most recent funding round of $1 billion in September 2017, Airbnb had a valuation of $31 billion, the source said.
56 
PYMNTS
JUNE 12, 2020
Remote working requirements have forced corporates to have serious conversations about whether the way their back offices operate is conducive to the realities of a modern economy. But those business models are “starting to crumble” in today’s environment, he noted.
56 
PYMNTS
JANUARY 30, 2019
And mobile continues to increase its dominance when it comes to Facebook advertising. Our community and business continue to grow,” Mark Zuckerberg, Facebook founder and CEO, said in a statement. The company’s average revenue per user stood at $7.37, a 19 percent year-over-year jump and an increase of 21 percent from Q3 2018.
49 
PYMNTS
DECEMBER 17, 2018
businesses. A strengthening economy and forecasts of new revenue heights have corporates large and small looking up. In the latest “ Biz2Credit Small Business Lending Index ,” researchers found — yet again — that financial institutions (FIs) are continuing to increase their loan approval rates.
PYMNTS
FEBRUARY 4, 2019
Better-than-expected job performance, as well as new evidence from the Small Business Administration (SBA) on SMBs’ contribution to the economy, are the bright spots in this week’s B2B Data Digest. “Small businesses continue to be big contributors to the U.S. Clark in a statement announcing the report.
52 
PYMNTS
OCTOBER 1, 2020
PepsiCo will be “making the necessary investments in our manufacturing capacity, go-to-market systems and digital initiatives such as improving our presence and scale in our e-commerce business, which nearly doubled during the third quarter,” Chairman and CEO Ramon Laguarta said in a conference call with analysts. .
72 
PYMNTS
SEPTEMBER 30, 2020
job market continued to slowly recover in September, although small businesses reported only small gains. The labor market continues to recover gradually,” said Ahu Yildirmaz , vice president and co-head of the ADP Research Institute. “In However, small businesses continued to demonstrate slower growth.”.
PYMNTS
JANUARY 17, 2021
It was supposed to be a compelling option for consumers in the connected economy, but the subscription model for automobiles is hitting some speed bumps as BMW and Audi are pulling back on their programs. To that point Volvo continues to be aggressive on its Care by Volvo subscription program. Prices start at $650 per month.
81 
PYMNTS
JANUARY 26, 2017
corporations spent more than $282 billion on corporate travel last year, and the latest data from T&E company Certify says more of that money is going to the sharing economy. But the biggest story, Certify said, is the increase in dollars allocated to sharing economy services.
40 
Segpay
MAY 1, 2024
The Act aims to ensure digital services’ continuity, security, and stability, particularly in critical sectors such as finance, by addressing various operational risks, such as cyber threats, system failures, and operational disruptions. Protect Consumer Interests: DORA aims to protect consumer interests.
The Finance Weekly
APRIL 25, 2022
Most of these steps, which include empowering CISOs, concentrating on business continuity capabilities and investments, and improving scenario planning, intersect with the CFO’s growing role in supporting and financing the organization’s cybersecurity framework.
107 
PYMNTS
MARCH 31, 2020
The program is free, and the company said its goal is to ensure that the economy keeps rolling amid the global pandemic. David Mitchell, president of Nymbus, said the company is doing its best in an unprecedented time to help businesses continue to pay their employees with modern digital tools.
52 
PYMNTS
MARCH 18, 2020
As the coronavirus continues to spread, the hospitality industry in the U.K. UKHospitality, which represents more than 700 businesses, has urged Prime Minister Boris Johnson to implement special actions due to the “acute” economic impact on the sector. “The is taking a big hit while the U.S.
52 
PYMNTS
NOVEMBER 19, 2020
The suite of Mastercard payment solutions aims to enable businesses to save time, reduce costs and manage business expenses in more streamlined ways. Amex Study: Social Media Shout-Outs Could Pump $197B Into SMB Economy. SMB economy. Payments Startup Veem Introduces New Tool for Easy B2B Payments. 18) press release.
52 PYMNTS
NOVEMBER 30, 2017
While, for many industry spectators, the growth in volume of contactless payments equated to a correlating drop in cash use, the actual numbers reveal that despite a growth in competition from alternate payment forms, cash is continuing to hold its ground. continues to climb. As it turns out, the overall use of cash in the U.K.
PYMNTS
AUGUST 7, 2019
C2FO’s focus on small businesses comes after the company published research last year showing that small businesses continue to face significant market uncertainty, despite a strengthening economy and improved access to capital.
Lending Front
FEBRUARY 22, 2021
With vaccines rolling out, small businesses are finally on the road to recovery. In fact, new businesses continue to form. More new businesses were registered in the U.S. In Connecticut alone, 22,832 new businesses opened in 2020. . COVID hit small businesses hard. A better way to do small business loans.
PYMNTS
APRIL 9, 2020
It is impossible to fully prepare for something of this magnitude, which has rocked the world’s economy and turned once-thriving cities into temporary ghost towns. For example, establishing a crisis management team before a crisis even occurs — as well as having a business continuity strategy — will help all aspects of your business.
63 
PYMNTS
OCTOBER 8, 2019
small businesses and finds, unsurprisingly, a trove of challenges on business owners’ plates. Cyberattacks continue to rise, for example, with experts warning that small businesses are especially at-risk. and China, which, small businesses say, is causing a ripple effect that may lead to price hikes.
PYMNTS
JUNE 11, 2020
Lawton said curbside pickup and ordering online, among other pandemic-era trends, were likely to be permanent fixtures of the economy even after the virus is less of a factor in normal life, saying they would “stay in customers’ minds,” CNBC reported. The survey found that 67.4
PYMNTS
JULY 10, 2017
In its Small Business Employment Index , CBIZ concluded that small business hiring soared last month. Meanwhile, Paychex and IHS in their Small Business Employment Watch report concluded that employment among its even-smaller-businesses continued to grow in June, but the pace of that growth has slowed.
PYMNTS
NOVEMBER 5, 2020
By the numbers, Uber’s ridesharing business continued to see diminished use as ridership was down 52 percent year on year, a fall off not quite displaced by the 190 percent year-on-year growth its delivery business saw in Q3. Khosrowshahi also celebrated the passage of Proposition 22 in California Tuesday (Nov.
49 
PYMNTS
JUNE 25, 2018
“When there are large, systemic changes coming into the economy, it was important as a first step to wrap our arms around the change,” said Narayan. Reports noted that this effect made a mark on Power2SME’s balance sheet. ” Power2SME had originally planned to go public in the 2019 fiscal year.
PYMNTS
JUNE 23, 2016
“As phishing attacks on small businesses continue to increase, hackers are gaining entry into email accounts and altering the bank details in invoices before sending to an unassuming client,” the company stated.
40 
PYMNTS
JANUARY 16, 2019
After all, despite recent stock market woes, the economy remains relatively strong, with low unemployment. This isn’t 2008 or 2009, when consumers were having a hard time paying their bills and small business owners were trying to keep the lights on.
PYMNTS
JUNE 22, 2020
Enabling employees to work remotely during the COVID-19 pandemic has sent a wake-up call to companies that their old-school accounts payable (AP) practices will not cut it in the new economy. Why FIs Continue To Work With FinTechs. FIs are partnering with FinTechs to meet businesses’ growing demands for digital AP solutions.
56 PYMNTS
MAY 23, 2017
Analysis published Monday (May 22) from ratings agency Fitch concluded that the potential for a spike in trade protectionism is a significant risk to the global economy. “A A hypothetical trade war would lead to adverse outcomes in all major economies,” said Fitch Chief Economist Brian Coulton in a statement.
40 
FICO
MARCH 2, 2021
Many businesses are slowly being overwhelmed by customer requests, calls and multi-channel contacts, as we start to approach the peak of the pandemic’s mounting debt pressures. Customer expectations had continued to skyrocket thanks to the services provided by tech giants and fintechs. The Art of the Possible.
52 PYMNTS
JULY 10, 2019
“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. ADP Research Institute and Moody’s also published their June jobs data that week, similarly finding mounting pressure for small businesses.
PYMNTS
NOVEMBER 6, 2020
Uber Touts Delivery Business in Q3 Earnings Call. Uber’s ride-hailing business continued to see diminished use as ridership was lower by 52 percent year on year, a drop-off not fully displaced by the 190 percent YOY growth its delivery business experienced in Q3. billion in “pre-money equity value.”.
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