PYMNTS

AUGUST 6, 2020

From the rise of the gig economy and lower barriers to becoming an independent contractor or a solo-preneur, to the accelerated development of real-time payments capabilities all had major implications for payroll. Again, this all occurs with potentially significant effects on how payroll and the human resource team overall operate.

Payroll 60

Payroll Real Time Payments Automation On-Demand 60

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

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 daily demand for loans has been more than the SBA typically processes in a year.

Federal Reserve 56

Federal Reserve Facilitators Economy Fed 56

PYMNTS

APRIL 22, 2020

The surge in gig workers and independent contractors has professionals, service providers and regulators engaged in new debates about what it means to be an employee or a small business. The payroll status quo has created cash flow challenges for many employees, particularly the estimated 60 percent of U.S.

Payroll 62

Payroll ACH Same Day ACH Innovation 62

PYMNTS

JULY 23, 2018

Xero has announced that Gusto will be the preferred payroll provider for its small business and accountant customers in the U.S. The partnership will allow Xero to deliver full-service payroll in all 50 U.S. By joining forces, we can help more small businesses and accountants find long-term success.”.

Payroll 40

Payroll Small Business Credential Advisors 40

PYMNTS

OCTOBER 30, 2018

Payroll is not a one-size-fits-all function of the enterprise. As payroll technology evolves, companies have more options when it comes to improving this financial function. In the entertainment industry, there are certainly commonalities with businesses of other sectors. As much as one third of the U.S.

Payroll 53

Payroll Product Direct Deposit Checks 53

PYMNTS

DECEMBER 20, 2019

Payroll and insurance are two areas in which technology startups have brought disruption to the fold, but challenges in these markets are rarely tackled simultaneously. Each month, businesses must report payroll data to workers’ comp insurance carriers in order to accurately calculate premiums and make insurance payments.

Payroll 52

Payroll Audit On-Demand Legal 52

PYMNTS

APRIL 17, 2020

small businesses hit hard by the coronavirus pandemic. Administered by the Small Business Association (SBA) and processed through financial institutions (FIs), including banks and selected FinTechs, the program offers small- to medium-sized businesses (SMBs) loans worth twice their monthly payroll expenses.

Small Business 59

Small Business Community Banks Non-Bank Payroll 59

PYMNTS

NOVEMBER 27, 2020

At a time when the coronavirus has caused a spike in unemployment and crippled countless small businesses, the pawnbroking industry has found itself in a perfect storm of sorts, which has fueled a surge in demand for loans as well as an appetite for secondhand merchandise. We call it the ‘silly season’,” Summa said.

Economy 87

Economy ATM Payroll Checks 87

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

PYMNTS

SEPTEMBER 23, 2019

Unfortunately, says Caroline Hollis, head of Square Payroll , what entrepreneurs quickly find once they’ve begun the process of turning their passion into a profession, is that an awful lot of what they do isn’t going to be the thing they find inspiring. Most payroll software, she noted, is built for companies that have salaried workers.

Payroll 59

Payroll Innovation IRS Process 59

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

PYMNTS

JUNE 5, 2019

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. That would be our business model going forward,” he said, a comment that underscored the importance of all those factors. Payroll Card Evolution. Take payroll cards.

Payroll 63

Payroll Use Case Innovation Consumer 63

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

MARCH 31, 2016

As The Wall Street Journal noted on Wednesday (March 30), the overall payroll figure met expectations, and as stated by Automatic Data Processing Inc., along with Moody’s Analytics, the 200,000 boost in payrolls was in line with expectations of economists polled by WSJ. In discussion of the results, Paul Ashworth, chief U.S.

Payroll 40

Payroll Small Business Economy Continuity 40

PYMNTS

NOVEMBER 1, 2019

We’re still in an expanding economy, but one that is expanding at a slower clip,” Gregory Daco, chief U.S. Conversely, businesses are holding off on spending in reaction to tariffs and political misgivings. small business owners last year, confidence started slipping in January. percent annual rate from 1.7 told the WSJ.

Economy 40

Economy Federal Reserve Small Business Payroll 40

PYMNTS

JANUARY 17, 2019

The evolution of payroll is all about pushing back against the notion of one-size-fits-all. As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. ” In the U.S.,

Payroll 69

Payroll Payment APIs and Integration On-Demand Identity Theft 69

PYMNTS

APRIL 3, 2020

Treasury Secretary Steven Mnuchin said community banks have helped process many of the small business Paycheck Protection Program (PPP) loans. The relief is meant to support the economy during the worldwide COVID-19 pandemic, CNBC reported. SBAgov ’s top priority is keeping small businesses open and employees on payroll. ”.

Community Banks 61

Community Banks Process Small Business Non-Bank 61

PYMNTS

JUNE 24, 2020

The United States economy is steadily reemerging from the COVID-19 pandemic-induced shutdown. Businesses are reopening to a different reality than the one that existed just three months ago, however. Around The Changing Payroll Landscape. This requires businesses to spend most of their PPP funding on payroll.

Payroll 94

Payroll Checks IRS Shutdown 94

PYMNTS

APRIL 9, 2020

The demand for Small Business Administration (SBA) loans has led the Federal Reserve to consider allowing non-bank lenders to speed distribution of $350 billion in loans through the coronavirus crisis, Reuters reported. The daily demand for loans has been more than the SBA typically processes in a year. trillion in loans. “Our

Federal Reserve 70

Federal Reserve Fed FinTech Small Business 70

PYMNTS

MAY 19, 2020

Mnuchin said his department, in cooperation with the Small Business Administration (SBA), has processed more than 4.2 million loans for $530 billion in the Paycheck Protection Program (PPP) to keep tens of millions of Americans on the payroll. The Fed pledged a range of tools to support the economy.

Federal Reserve 72

Federal Reserve Payroll Economy Treasury 72

PYMNTS

MAY 1, 2020

Small businesses fortunate enough to get their Paycheck Protection Program (PPP) loans forgiven will forfeit some tax breaks, according to new rules from the Internal Revenue Service (IRS). . Operated by the Small Business Administration ( SBA ), it provides cash for two months of payroll costs.

IRS 70

IRS Payroll Small Business Returns 70

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 daily demand for loans has been more than the SBA typically processes in a year.

Federal Reserve 60

Federal Reserve Facilitators Fed Small Business 60

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Based in France, Memo Bank announced a $22.5 million investment round this week.

B2B 115

B2B Finance Small Business Underwriting 115

PYMNTS

MARCH 7, 2019

Small businesses continue to struggle amid a tight labor market in the U.S., according to payroll and human resource management solution provider Paychex. “Small business job growth remains weak in this very low unemployment economy,” he said. The month saw a $0.66 percent, up from 2.28

Continuity 43

Continuity Small Business Payroll Business Continuity 43

PYMNTS

JULY 1, 2020

“Small-business hiring picked up in the month of June,” Ahu Yildirmaz , vice president and co-head of the ADP Research Institute, said in a press release. “As the economy slowly continues to recover, we are seeing a significant rebound in industries that once experienced the greatest job losses. .

Small Business 78

Small Business Payroll Economy Research 78

PYMNTS

JANUARY 26, 2021

Small Business Administration (SBA) has approved 400,000 more pandemic relief loans worth $35 billion, saying it is trying to repair operational problems in the program brought up by lenders, Reuters reported. The SBA launched the newest round of the Paycheck Protection Program (PPP) earlier this month. billion, PYMNTS reported.

Payroll 93

Payroll Small Business Rules Governance 93

PYMNTS

JANUARY 22, 2020

bank NatWest is augmenting its small business (SMB) lending offering through a new partnership with small business prepaid card provider Soldo. The tie-up will see NatWest extend its small business lending services to existing Soldo cardholders, connecting them with loans and credit lines.

Commercial Card 52

Commercial Card Payroll B2B Small Business 52

PYMNTS

AUGUST 5, 2020

ADP found that while June’s payroll was revised upward to 4.3 While the revised number for June was good news for the economy after May’s increase of 3.3 We have seen the slowdown impact businesses across all sizes and sectors.”. Small businesses with between one and 49 workers saw job growth of 63,000.

Payroll 78

Payroll Shutdown Adjustments Economy 78

PYMNTS

AUGUST 5, 2019

Small businesses appear to be pulled in two different directions. On the one hand, the latest payroll data show job growth continues, with small firms reporting confidence in the overall economy and their ability to grow with it. Small businesses decreased hiring in July by a rate of 0.43

Continuity 61

Continuity Small Business Payroll Finance 61

PYMNTS

AUGUST 23, 2019

Payroll provider OnPay is collaborating with accounting software company Xero to bring back-office services to the agricultural industry, Accounting Today reported on Wednesday (Aug. that already use Xero for payroll, HR and benefits, will find additional benefits and easier bookkeeping with the Xero-OnPay collaboration.

Payroll 45

Payroll Small Business Accounts Finance 45

PYMNTS

MAY 31, 2016

All points of pain and friction in cross-border payments and all factors that can stymie cash flow for firms and even the smallest sole proprietors or freelancers that operate in a global, always-on economy. Though still early in the game, noted MacMullin, much of the initial interest comes from smaller firms.

Payroll 47

Payroll B2B Cross-Border Payments Cross-Border 47

PYMNTS

SEPTEMBER 30, 2020

Small business owners who have been waiting to have their Paycheck Protection Program (PPP) loan forgiven can breathe a sigh of relief. Under the measure, small businesses were promised loan forgiveness as long as the 60 percent of the money used toward payroll and 40 percent to other allowable expenses.

Treasury 101

Treasury Small Business Payroll Governance 101

PYMNTS

DECEMBER 20, 2019

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. Small business accounting startup Xendoo announced a $3.5 Small business accounting startup Xendoo announced a $3.5

Small Business 52

Small Business FinTech Payroll Treasury 52

Clearly Payments

NOVEMBER 6, 2024

payment processing market remains a major player in the global economy, with transaction volumes that highlight the sector’s vast scale and continued expansion. payment processing industry is essential to the country’s economy, supporting millions of businesses with access to secure, efficient payment solutions.

Process 95

Process ISOs Credit Cards Online and Mobile Banking 95

PYMNTS

AUGUST 7, 2020

New Jersey’s Buckle is an InsurTech company focused on arming the gig economy, including rideshare providers, with access to total insurance coverage. based small business lending platform iwoca, which secured $131.45 ’s Coronavirus Business Interruption Loan Scheme (CBILS). earlier this year.

B2B 100

B2B FinTech Small Business Participant 100

Tearsheet

NOVEMBER 21, 2024

billion people on the planet, only some people have the resources or access to participate in the global economy fully felt like a problem Caplan was determined to address. Tech and collab: Caplan emphasizes the importance of technology and collaboration in the firm’s growth and providing better support to small businesses (SMBs).

Cross-Border 52

Cross-Border Online and Mobile Banking Compliance Community Banks 52