PYMNTS

APRIL 6, 2020

government, angling to jump-start the economy, is urging public entities to negotiate with procurement card providers to raise the limits on what can be spent, according to the National Health Executive. The intent of this, the PPN said, is to help stimulate the coronavirus -ravaged economy.

Governance 52

Governance Government Small Business Economy 52

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

JANUARY 5, 2021

Government pandemic aid helped bankruptcy filings hit a 35-year low in 2020, according to legal service firm Epiq. Those numbers are a measuring stick for the economy, and Chris Kruse, senior vice president of Epiq AACER. “We However, Epiq officials said in the release that recent government financial aid will help those numbers.

Governance 63

Governance Government Legal Economy 63

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

DECEMBER 30, 2019

Chinese banks are easing loan requirements in an attempt to stimulate a stalled economy and fulfill the government’s goal to increase small business lending by 30 percent, the Financial Times reported on Sunday (Dec. Interest rates on small business loans dropped to 6.8 Last year’s total loans were ¥1.7

Economy 52

Economy Small Business Non-Bank Governance 52

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

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

APRIL 9, 2020

In an effort to deliver more relief to the nation’s struggling small businesses and boost the economy amid the global coronavirus pandemic, the Federal Reserve announced it has taken actions to facilitate $2.3 trillion in loans. The Treasury will offer credit protection totaling $35 billion under the plan.

Federal Reserve 56

Federal Reserve Facilitators Economy Fed 56

PYMNTS

OCTOBER 11, 2016

government inquiry called into question RBS’ tactics in dealing with its SME clients. In what BuzzFeed and BBC are calling the “RBS Files,” internal documents from RBS have been obtained by the outlets that reportedly outline how 16,000 small businesses were coerced into joining RBS’ Global Restructuring Group (GRG).

Small Business 80

Small Business Treasury Governance Government 80

The Fintech Times

NOVEMBER 14, 2024

In fact, all their economies would be considered low-middle income based on gross domestic product (GDP), excluding Turkmenistan. Other goals of the Strategy included developing e-government services and platforms and promoting economic growth via digital transformation of the fintech and banking sectors.

FinTech 71

FinTech Online and Mobile Banking Financial Inclusion Central Bank 71

PYMNTS

JANUARY 19, 2021

UK To Require Companies To Pay Small Businesses In 30 Days. The British government is aiming to clamp down on firms that take too much time to provide payment to vendors. The effort is meant to relax the pressure on small and medium-sized businesses (SMBs) encountering cash flow difficulties due to the continuing pandemic.

Small Business 53

Small Business Economy Payments Governance 53

Fintech News

OCTOBER 2, 2024

million Thais, including students, educators, small business owners, and developers. This expansion follows an agreement with the Thai government in 2023, which outlined plans for digital infrastructure development, responsible AI adoption, and accessible digital skills.

AI 112

AI On-Demand Governance Government 112

Fintech Finance

JANUARY 22, 2024

Mastercard and ADGM will work with its local banking partners to issue SME cards, which will offer a seamless and secure way to manage business expenses. Beyond card offerings, small businesses can also participate in Mastercard’s SME business education program. SMEs are the backbone of the economy.

Visa 90

Visa Small Business Economy Non-Bank 90

PYMNTS

APRIL 2, 2020

Australian challenger bank Judo will now have an extra $500 million to distribute in loans to small businesses amid the coronavirus pandemic, coming directly from the government, The Sydney Morning Herald reported. Hornery said the bank’s demand was high and their deposit book currently sits at $1.4

Governance 66

Governance Government Security Mitigation 66

PYMNTS

APRIL 17, 2020

On April 3, the federal government launched a heretofore unprecedented program to funnel money to U.S. small businesses hit hard by the coronavirus pandemic. Moreover, he noted, the government needs to help banks, particularly smaller ones, who have carried as many of these loans on their balance sheets as they can. “It

Small Business 59

Small Business Community Banks Non-Bank Payroll 59

PYMNTS

MARCH 31, 2020

economy into a recession. This is unlike 2008, when “the cancer in the housing market” left the economy permanently damaged when it ultimately collapsed from the inside. This isn’t a case of internal collapse, so much as it is a case of the economy being hit by a wrecking ball from the outside. Probably not.

Economy 56

Economy Push-to-Card IRS ACH 56

PYMNTS

MAY 9, 2016

Some of the largest financial institutions came out this week with new statistics on small business sentiment in the U.S. Small business sentiment is perhaps the most mixed and muddled metric. One constant is the ongoing presidential election, cited by several reports as the top concern among small business owners.

Small Business 44

Small Business Wire Transfer Research Economy 44

The Fintech Times

MARCH 22, 2024

A survey that took in the views of more than 1500 small British businesses showed that one in five (21 per cent) of SMEs plan to apply for a business loan within the next six months. This would partly account for the fact that 15 per cent of the small businesses surveyed have recently been rejected for a loan.

Small Business 103

Small Business Funds Availability Finance Security 103

Open Banking

JULY 23, 2024

Open Banking Limited (OBL) announced today that there are now 10 million consumers and small businesses regularly benefiting from using open banking technology. Henk Van Hulle, OBL CEO welcomed the Government’s announcement. Open banking has shown what a truly smart data economy can achieve.

Small Business 80

Small Business Message Standards Regulations Economy 80

PYMNTS

OCTOBER 28, 2020

Switzerland reports about a third of intensive care units remain available for now, but they run the risk of filling up completely within the next 10 days if current infection rates persist, Andreas Stettbacher, a government delegate for the country’s Coordinated Medical Services, told Reuters. Bars and restaurants are closing at 6 p.m.

Economy 71

Economy Shutdown Returns Governance 71

PYMNTS

MARCH 26, 2020

economy has never seen a clearer picture of the consequences of friction in government procurement practices than it is witnessing right now. COVID-19, the disease caused by the coronavirus , could prove to become a catalyst for digitization in government procurement operations, according to Mark Eigenbauer, president of BidNet.

Governance 58

Governance Government On-Demand Automation 58

PYMNTS

APRIL 14, 2020

Louis said while the coronavirus pandemic has crippled the economy, it could quickly rebound if everyone gets tested for the virus. Louis Regional Chamber Tuesday (April 14), said closing non-essential businesses is appropriate for now but it’s a “crazy inefficient policy,” the St. Small businesses can’t last much longer.

Economy 56

Economy Federal Reserve Fed Non-Bank 56

The Fintech Times

JUNE 15, 2024

FundOnion AI-driven business finance comparison site FundOnion highlights the lack of focus on small businesses in the manifesto. “There were no rabbits in Labour’s manifesto and only five mentions of small business in the entire 136-page document,” says James Robson , CEO of FundOnion.

FinTech 58

FinTech Money Laundering Financial Crimes Crime 58

Payments Source

MARCH 27, 2020

government will shortly funnel trillions of dollars into the economy to soften the coronavirus’ impact on a variety of industries and small businesses. Payment companies that are also lenders will soon find out if it’s enough to save the market.

Small Business 102

Small Business FinTech Economy Governance 102

Fintech Finance

AUGUST 21, 2024

Since joining Mastercard in 2013, she has partnered with governments and corporations to spearhead the adoption of B2B platforms, enhancing the efficiency and transparency of cross-border trade in Asia Pacific. Notably, she led the launch of Mastercard Strive Women in Vietnam with CARE, an international humanitarian organization.

Visa 98

Visa Cross-Border Economy Financial Inclusion 98

PYMNTS

DECEMBER 27, 2019

federal government passes the SAFE Act to allow financial service providers to service legal marijuana businesses, the largest banks are unlikely to step in. The macroeconomic trends of a robust economy have led to both new SMB formations and growth in existing SMBs at record level,” he said.

Small Business 53

Small Business Payment APIs and Integration Credit Union Underserved 53

Open Banking

SEPTEMBER 5, 2024

Open Banking Limited (OBL) will be attending Labour Party and Conservative Party Conferences this year to highlight how open banking is driving financial innovation, bringing wide-ranging benefits to consumers and SMEs, and acting as the foundation and a catalyst for a smart data economy.

Financial Inclusion 52

Financial Inclusion Economy Authorization SWIFT 52

PYMNTS

APRIL 10, 2020

Federal Reserve said that it had launched a multi-trillion dollar lending program that targets smaller businesses, and in a broadened salvo, targets local governments, too. economy, as the fallout from the coronavirus continues. It’s all meant to shore up the U.S. But he also said, in a nod toward reopening the U.S.

Fed 135

Fed Federal Reserve Returns Consumer 135

PYMNTS

APRIL 27, 2020

The stimulus checks are part of the trillions of dollars that the federal government is spending to keep the economy from collapsing as millions of people are laid off due to the COVID-19 pandemic. But despite such ongoing questions, experts say the PPP is essential to keeping small businesses afloat amid the economic mayhem.

IRS 103

IRS Checks Small Business Direct Deposit 103

PYMNTS

NOVEMBER 10, 2020

The economy will not grow unless we bring people up from the lower-skilled jobs into the middle class,” Harker said during an interview that will be part of Bloomberg’s Friday (Nov. economy triggered by the pandemic’s lockdowns could lead the country into a permanent state of decline unless the government steps in with job training.

Fed 87

Fed Federal Reserve NOV Small Business 87

PYMNTS

JANUARY 19, 2018

where payments and FinTech companies have worked to raise awareness of the issue, and where government policymakers have taken steps to combat the problem. According to the latest figures from Dun & Bradstreet, small businesses (SMBs) in the U.K. When it comes to late B2B payments, eyes most often turn toward the U.K.,

Governance 40

Governance Government Small Business Payments 40

PYMNTS

DECEMBER 23, 2020

China’s State Council announced late Tuesday that small and micro-sized businesses can defer loan payments past first quarter 2021 as needed, according to CNBC. Certain banks catering to small businesses will also continue to receive government support in the wake of a massive shutdown earlier this year due to the COVID-19 pandemic.

Economy 69

Economy Returns Shutdown Small Business 69

Fintech Finance

FEBRUARY 22, 2024

Wise is calling on the Government to End the Opt Out, and for regulation to be further tightened to ban hidden fees for businesses and as well as consumers for good. The fact that businesses are being ripped off when it comes to international payments is not only bad for them – but it’s bad for consumers and the economy.

Small Business 52

Small Business International Payments Regulations Research 52

PYMNTS

JULY 20, 2017

An announcement Wednesday (July 19) said Axis is rolling out Invoicemart, a digital invoice discounting platform for small businesses. TReDS will provide a further impetus for growth for SME customers, a key engine of growth in the Indian economy.”. “We Axis Bank has got a very strong MSME franchise and launching of A.

Governance 52

Governance Government Finance Cross-Border 52

PYMNTS

AUGUST 21, 2020

We have deep dives into small and medium-sized business (SMB) financing, eLearning platform payments and the rise of the auto-refill economy. The Rise Of The Auto-Refill Economy. Brands and marketplaces now make it simple to auto-refill all sorts of products such as pet food and paper towels. Walmart ’s U.S.

Economy 63

Economy Finance Payments BNPL 63

PYMNTS

JANUARY 8, 2021

There's no doubt that the small business community is facing a period of immense tribulation. In addition to navigating forced shutdowns and supply chain disruptions, business owners are now tasked with making some difficult decisions about how to keep their business alive, or whether to throw in the towel.

Finance 92

Finance Small Business Credit Union Shutdown 92

The Fintech Times

JUNE 11, 2024

CFIT’s coalition will unite big tech providers, trade associations, major retail and challenger banks, fintech firms, digital ID solution providers and credit agencies to explore how collaboration can make the UK economy even more resilient against fraud. This will be achieved through verifying UK businesses to fight economic crime.

Crime 58

Crime Small Business Verification Finance 58