PYMNTS

APRIL 13, 2020

Small businesses are hurting, which has been reflected in record unemployment numbers, the near-total shutdown of mainstream businesses and in PYMNTS data revealing that as of about two weeks ago, a quarter of small businesses didn’t think they would survive the coronavirus pandemic at all.

Security 67

Security Payroll Phishing Small Business 67

PYMNTS

SEPTEMBER 7, 2020

And cash coming into the (real and virtual) doors would do much to replace the spotty success of various government programs that were designed to help SMBs weather shutdowns. To hire means that some top line torque, or at least visibility, must be in place — cash flow, after all, is what pays for employees.

Shutdown 64

Shutdown Small Business Economy Payroll 64

PYMNTS

SEPTEMBER 7, 2020

With a sense of intense urgency, the corporate card arena began to explore how to support some of the companies that were struggling the most as a result of an economic shutdown: small businesses. As the year pushed forward, government initiatives to support small businesses eased the cash flow burden on these firms.

Commercial Card 98

Commercial Card Push-to-Card Small Business Card Issuer 98

PYMNTS

MARCH 30, 2020

For them, it all depends on how long the current lockdown/shutdown lasts and when consumer demand will return — and at what level. At that point in time, only 20 percent of SMBs we talked to that asked the government (at any level) for assistance received any, and only 17 percent that asked their banks for more funding had gotten it.

On-Demand 92

On-Demand Credit Cards Returns Shutdown 92

PYMNTS

JUNE 25, 2020

Most of the company’s facilities have reopened, which is good news for property owners and the thousands of Westgate workers who were furloughed during the shutdown. Allowing employees to control when they are paid is just one innovation transforming longstanding payroll processes. Going Digital With Pay Cards.

Checks 57

Checks Payments Payroll Faster Payments 57

PYMNTS

FEBRUARY 14, 2019

Federal Government is gearing up to overhaul and upgrade its payroll technology thanks to a $20.7 Reports in GCN this week said the government has announced funding for the payroll project that will upgrade the way an estimated 800,000 federal employees are paid. the publication said.

Payroll 40

Payroll Shutdown Government Governance 40

PYMNTS

JULY 6, 2020

Kohli said such customers are looking to turn the shutdown into an opportunity by rethinking some manual processes that their payments workflows are still chained to. He said businesses and government agencies need to switch to a PayPal-like model for disbursements instead. “It Building A New Ecosystem Collaboratively.

Instant Payments 59

Instant Payments ACH PayPal Payments 59

PYMNTS

APRIL 27, 2020

There’s certainly a movement of SMBs doing … well, something to preserve operations as the shutdowns spread out across almost all US states. percent said they’d not felt comfortable taking on government aid. Applying for the PPP aid, in fact, eclipsed cutting employee payrolls, which had been a tactic for 36.8 Another 16.5

On-Demand 67

On-Demand Small Business Shutdown Payroll 67

PYMNTS

APRIL 13, 2020

On March 24, knowing that government help was on the way, but not certain of the specifics, one in four Main Street SMBs didn’t think their businesses would survive the pandemic, and four in 10 said they weren’t sure. Today, for most Main Street SMBs, there is no money to meet payroll or pay bills. times their W-2 payroll.

Payroll 115

Payroll On-Demand Returns Economy 115

PYMNTS

FEBRUARY 3, 2019

Despite the negative assessment on the part of the small businesses surveyed by the WSJ, the Labor Department announced late last week that nonfarm payrolls increased by 304,000 last month. Close to one in four small business owners said the Trump Administration has negatively impacted the outlook for their operations.

Small Business 40

Small Business Shutdown Economy Payroll 40

CB Insights

OCTOBER 31, 2017

Most surprising was the sudden shutdown of Sprig, a startup in the beleaguered food-delivery space that first received funding in 2013. ” Title: Shelfie to Shutdown on 31 January – Download Your eBooks NOW. The shutdown was a conscious business decision. Having an independent platform to do this is no longer necessary.”

Posting 78

Posting Product Online and Mobile Banking On-Demand 78

PYMNTS

JANUARY 6, 2019

With the government shutdown continuing, banks in the U.S. According to a report in The Financial Times citing JPMorgan Chase , the bank has waived all fees on checking accounts, including overdraft charges, for customers who no longer receive a government check directly deposited into their account with the bank.

Shutdown 71

Shutdown Government Governance Direct Deposit 71

PYMNTS

MAY 12, 2020

House Democrats unveiled a $3 trillion spending package for more coronavirus aid on Tuesday (May 12), including more money for individuals affected by the shutdown, according to CNBC. Republicans, who have been resistant to spending more on stimulus packages, are not likely to go along with the plan.

Shutdown 78

Shutdown Enrollments Payroll Governance 78

PYMNTS

MAY 14, 2020

The 1,800-page measure provides more money for Americans impacted by the shutdown. Polls reveal that Republican voters are convinced the government is already doing enough to assist businesses and families, and they are worried about printing money and raising the federal debt. .

Shutdown 60

Shutdown Payroll Assessments Governance 60