PYMNTS

FEBRUARY 8, 2017

Denver-based Greenline Ventures is opening up a new fund to help finance small businesses in the U.S. 7) that it has created a fund to provide SMEs with between $250,000 and $2 million in an effort to support job growth and small business success. The fund will target minority- and women-owned businesses, Greenline added.

Small Business 41

Small Business Underserved Finance Origination 41

PYMNTS

JULY 31, 2017

A new report from FIS finds small businesses continue to feel fed-up with their big banks, despite a rebound in large bank loan approval rates for SME borrowers. The research, published last week, found that there are more aspects to small business banking than borrowing money that are frustrating SME customers.

Small Business 45

Small Business Online and Mobile Banking Community Banks Non-Bank 45

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

Payments Source

MARCH 12, 2021

It's crucial small businesses continue to expand user experience improvements made during the first year of the pandemic, says NMI's Nick Starai.

Small Business 81

Small Business Business Continuity Continuity Payments 81

VISTA InfoSec

OCTOBER 21, 2024

Small and medium enterprises (SMEs) are especially vulnerable to these attacks due to limited resources and a lack of cyber security expertise. Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity.

Security 130

Security Phishing Ransomware Risk Assessment 130

PYMNTS

JUNE 19, 2020

More help for certain small business owners could be on the way if Congress approves another round of Paycheck Protection Program (PPP) loans. The Prioritized Paycheck Protection Program (P4) Act would allow businesses with fewer than 100 employees to get a second loan. In the House, U.S.

Small Business 91

Small Business Shutdown Underserved Treasury 91

PYMNTS

SEPTEMBER 23, 2020

Intuit is pushing deeper into the booming eCommerce sector with a new platform aimed at small businesses as the coronavirus continues to push more and more sales activity online. 23) announced the launch of QuickBooks Commerce, a new online business management platform designed particularly for smaller firms.

Small Business 65

Small Business Business Continuity Continuity Process 65

PYMNTS

DECEMBER 11, 2020

That's especially true for small and medium-sized businesses today, which, while hoping to plan for growth in the coming years, are more often looking toward resources that can help them survive in the next few weeks and months. According to Puskar, small businesses face a tough challenging act when it comes to their financing needs.

Posting 93

Posting Small Business Assessments Returns 93

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

DECEMBER 18, 2020

He added that the COVID-19 pandemic decimated Black-owned businesses, and that PayPal aims to help “increase their opportunity to survive and thrive.”. PayPal awarded $10 million in grants to the Association for Enterprise Opportunity (AEO), which in turn offered direct financial support to 1,167 Black-owned businesses nationwide.

PayPal 114

PayPal Small Business Visa Business Continuity 114

Fintech Finance

JULY 25, 2024

Billion-Dollar Days Prior to the pandemic, mobile banking for businesses was a nice-to-have convenience. During the pandemic, it became a necessity for business continuity, and is now an everyday experience. For added security, these payments may require additional levels of approval prior to being released.

Online and Mobile Banking 105

Online and Mobile Banking Payment APIs and Integration Payments Volume 105

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.

Online and Mobile Banking 59

Online and Mobile Banking AML Small Business Mobile Banking 59

PYMNTS

JUNE 25, 2020

Google is ramping up its small business offerings in India with newly bundled digital services and a system to let financial institutions offer business loans through the Google Pay app. The small business loan program through Google Pay will be available “soon,” the executives wrote.

Small Business 55

Small Business Business Continuity Authorization Product 55

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

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

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

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

Open Banking

OCTOBER 19, 2023

Over 1 in 9 (11%) British consumers are active users of open banking, and 17% of small businesses. Adoption of open banking continues at pace, with over 1 in 9 (11%) British consumers becoming active users, up from around 7% in December 2021. We look forward to continuing this work to deliver benefits for the wider industry.”

Small Business 52

Small Business Regulations Volume Consumer 52

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.”.

Small Business 52

Small Business Shutdown Economy Continuity 52

PYMNTS

APRIL 14, 2020

As an instant payments company, we have learned from past events that business continuity and pandemic planning is a core part of the payments business. We can continue to employ our human capital from at-home work situations, and we have made sure our technology exists in hardened and redundant environments.

Digital Payments 103

Digital Payments Instant Payments Payments Continuity 103

Lending Front

FEBRUARY 22, 2021

Over a year later, many business owners are still holding their breath. . 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. .

Small Business 52

Small Business Credit Union Economy Procedures 52

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. small businesses and finds, unsurprisingly, a trove of challenges on business owners’ plates. 76 percent of U.S. The firm surveyed more than 300 U.S.

Small Business 53

Small Business Non-Bank Debit Card Disputes 53

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

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

Small Business 61

Small Business Business Continuity Economy Automation 61

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.".

Regulations 92

Regulations Credit Union Small Business Finance 92

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 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 Product 72

PYMNTS

MARCH 8, 2019

The company offers businesses Continuous Performance Management tools, which integrate goal creation and execution services and provide organizations with an alternative to the yearly performance review.

B2B 72

B2B FinTech Small Business Financial Inclusion 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

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. Three Types of Emerging Small Businesses. However, in the long-term, there will be a major uptick in small business loan applications.

Posting 75

Posting Small Business Community Banks Economy 75

Lending Front

MARCH 2, 2021

For small businesses, the “home” office may take on new meaning altogether. By not being tied to brick-and-mortar space, business owners can work out of their den, their mountain retreat, or a relative’s sunbelt condo. . For many small banks and credit unions, digital transformation isn’t a new concept.

Credit Union 40

Credit Union Small Business Underwriting Procedures 40

PYMNTS

JANUARY 17, 2020

Matan Bar, co-founder and CEO of Melio Payments , recently spoke with PYMNTS about the challenges that small businesses face when digitizing their invoice payment procedures, even with a recent surge in digital, automated AP solutions. ” Finding A Middle Ground. . ” Finding A Middle Ground. Conflict Of Interest.

Faster Payments 61

Faster Payments B2B Small Business Venmo 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

JULY 12, 2020

As a result of the inability to reach an accord, not a single loan has been issued as of Wednesday (July 8), and sources told the paper the Fed has said weeks have been wasted as businesses continue to suffer. “I expect that we’ll continue to have to make compromises.”.

Fed 60

Fed Treasury Federal Reserve Compromise 60

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

APRIL 13, 2020

Plus, Karen Webster details Main Street small business continued worries. The $350B Small Business Administration (SBA) Paycheck Protection Program (PPP) COVID-19 relief fund is intended as a lifeline for small and medium-sized businesses (SMBs) whose businesses have been hit hard by coronavirus.

Non-Bank 60

Non-Bank PayPal Small Business Payments 60

PYMNTS

JUNE 15, 2020

B2B FinTechs continue to step up to introduce new solutions for their customers with an eye on helping business owners survive this market crisis and persevere into the future. And as Aion Bank looks to expand geographically, Czuba said there are some universal challenges SMBs struggle with today.

Cross-Border 98

Cross-Border Non-Bank Addressing Underwriting 98