PYMNTS

JUNE 19, 2020

“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.”.

Small Business 91

Small Business Shutdown Underserved Treasury 91

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.

Cross-Border Payments 77

Cross-Border Payments Cross-Border Treasury Treasury Management 77

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.

Posting 75

Posting Small Business Community Banks Economy 75

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.

Credit Union 63

Credit Union Credit Union Service Organization Business Continuity Fraud Detection 63

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

Small Business 53

Small Business Economy Returns Business Continuity 53

Fintech Finance

FEBRUARY 20, 2025

Commenting on the findings of the third edition of the SME Confidence Index, Dimitrios Dosis, President, Eastern Europe, Middle East and Africa, Mastercard, said: SMEs are the backbone of economies, driving innovation, creating jobs and enhancing resilience.

Financial Inclusion 59

Financial Inclusion Digital Payments Visa Payments 59

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. In the digital economy, financial institutions are continuously developing and offering new technology products to enhance transaction processes.

FinTech 135

FinTech Embedded Finance BNPL AI 135

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.

B2B 65

B2B Visa Commercial Card NOV 65

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. Through the power of Bill.com’s technology, Key CashFlow does that and more, helping to strengthen customers’ bottom line.".

Small Business 61

Small Business Business Continuity Economy Automation 61

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.

Economy 56

Economy Business Continuity Continuity Posting 56

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. .

On-Demand 72

On-Demand Consumer Economy Adjustments 72

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.

Technology 52

Technology Small Business Economy Business Continuity 52

PYMNTS

APRIL 3, 2020

Short-term rental site Airbnb has lowered its internal valuation to $26 billion, a 16 percent drop, as businesses continue to be hammered by lockdowns. The SBA’s lifeline for the small businesses that are the backbone of the U.S. economy is now available. Gig Workers’ Unemployment Benefits a Question Mark.

Economy 52

Economy Payments Small Business Continuity 52

PYMNTS

NOVEMBER 12, 2020

Speaking with PYMNTS, Crystal discussed why some businesses may be better positioned to go the crowdfunding route when they need financing. Even with a surge in PPP financing, many early-stage businesses continue to struggle to access capital from traditional sources. The High-Risk Perception.

Regulations 92

Regulations Credit Union Small Business Finance 92

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.

Small Business 52

Small Business Credit Union Economy Procedures 52

PYMNTS

JANUARY 30, 2019

Our community and business continue to grow,” Mark Zuckerberg, Facebook founder and CEO, said in a statement. “We’ve Facebook continues to try to get ahead of the Cambridge Analytica scandal and complaints about the distribution of false political information on the platform. billion.

Posting 49

Posting Privacy Economy Data Security 49

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.

B2B 52

B2B Visa Commercial Card NOV 52

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.

On-Demand 40

On-Demand Economy Continuity Business Continuity 40

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.

Process 52

Process Payroll Underwriting Legal 52

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. The month saw a $0.66

Continuity 43

Continuity Small Business Payroll Business Continuity 43

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.

Small Business 51

Small Business Finance Participant Business Continuity 51

PYMNTS

SEPTEMBER 30, 2020

“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.”. economy added 1.4 economy shrunk by 31.4 August’s report showed that the U.S. 30) that the U.S.

Small Business 52

Small Business Shutdown Economy Continuity 52

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.

Checks 56

Checks Accounts Automation Continuity 56

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.

On-Demand 81

On-Demand Shutdown Consumer Finance 81

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.

Laws 63

Laws Mitigation Adjustments Technology 63

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

Contactless Payments 52

Contactless Payments Consumer Payments Business Continuity 52

PYMNTS

MARCH 18, 2020

She called for “immediate and far-reaching support from the government, and meaningful business continuity measures.”. “We We believe that urgent Government action is needed to support the sector” and the “wider economy” the letter indicated, as reported by Bloomberg.

Government 52

Government Governance On-Demand Business Continuity 52

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.

Small Business 62

Small Business On-Demand Research Legal 62

Segpay

MAY 1, 2024

Promote Market Stability: DORA seeks to promote market stability by reducing the risk of systemic failures or disruptions that could have widespread implications for the economy, financial system, and society. Protect Consumer Interests: DORA aims to protect consumer interests.

Cybersecurity 52

Cybersecurity Compliance Procedures Risk Management 52

PYMNTS

OCTOBER 8, 2019

The latest data also hints at the possibility banks may be feeling skittish about lending to small and medium-sized business (SMB) customers. Although hiring slowed in September, small businesses continue to remain optimistic and have even reported some significant benefits resulting from late-2017’s tax reform.

Small Business 53

Small Business Non-Bank Debit Card Disputes 53

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.

Small Business 55

Small Business Payroll Checks Mobile Deposit 55

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.

Small Business 40

Small Business Adjustments Government Governance 40

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.

Small Business 41

Small Business Federal Reserve Economy Payroll 41

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.

Phishing 40

Phishing Scams Online and Mobile Banking Small Business 40

PYMNTS

OCTOBER 23, 2019

Small businesses drive economies of the world, yet late payments are a big issue for small businesses and impact how they make day-to-day decisions,” said Xero Founding Chief Technology Officer and Executive General Manager for Payments Craig Walker in a statement. businesses continue to make B2B payments via paper check.

Small Business 40

Small Business Payments ACH Authorization 40

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.”.

Payments 40

Payments Volume Business Continuity Economy 40

PYMNTS

NOVEMBER 30, 2017

With the average value of cash transactions remaining steady at around £10, the payment method will continue to be widely used for day-to-day small-value transactions, she said. As with other developed economies, a growing adoption of online and mobile banking in the U.K. Changing accessibility of cash. As of 2016, some 3.7

Contactless Payments 66

Contactless Payments Alternative Payment Methods Online and Mobile Banking ATM 66