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Payroll Cards Find Opportunity In Corporates’ Digitization Push

PYMNTS

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. ADP Eyes Payroll Card Adoption Jump. Capital on Tap wields the commercial card to connect small and medium-sized businesses (SMBs) to financing.

Payroll 83
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What Payroll Innovation Says About Accountants’ Shifting Role

PYMNTS

The shifting role of small business (SMB) accountants is largely driven by the increase in automated solutions available to business owners today. With machines now taking care of repetitive financial tasks, accountants have had to readjust their position from number-cruncher to value-adder to remain relevant.

Payroll 61
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How Payroll Supports Employers’ Position As Financial Wellness Coach

PYMNTS

Like the rest of the financial services market, payroll is participating in the anti-paper movement. Direct deposit was one of the first major disruptors to payroll, followed by payroll cards, initially surfacing as a way for under- and un-banked employees to be paid.

Payroll 55
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How Bookkeeping Capitalizes On Young, Digital-First SMBs

PYMNTS

An entrepreneur who opens a coffee shop or launches a FinTech startup isn’t in business to crunch numbers and file taxes. Yet, the burden of financial management, from tedious data entry to compliance challenges, is a nonnegotiable part of starting a small business (SMB). “In retrospect, it was a big mistake.

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The Commercial Card Embraces A Season Of (Major) Change

PYMNTS

In March, American Express — the largest commercial card issuer — was next in line to face criticism for its commercial card fees, with accusations that sales associates misled small businesses with regards to rewards and fees on the company’s SMB card products. In late-March, Bloomberg reported that large U.S. Summer Trips: Canceled.

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How FinTech Tackles Financial Inclusion For India’s SMBs

PYMNTS

According to Mittal, there are three main factors that small businesses in India need to succeed: a “strong network, access to finance and simplified business support functions.” However, offering SMBs a digital platform to connect with other business buyers and sellers is only one piece of the puzzle.

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Square Card Delivers Instant Funds To Square SMBs

PYMNTS

That enables small businesses to use funds that become available as soon as they make a sale — an increasing trend in the payments world, as recent PYMNTS research and coverage has demonstrated. The motivations behind that new card help illustrate why other companies see Square as a threat.