SMBs

SMBs
30% of UAE SMB Customers Pay Online Using Digital Wallets, Highest in 6-Country Study
May 22, 2022

Digital wallets, including PayPal, Apple Pay and Google Pay, have grown in popularity in recent years and can be an important payment feature for global small- to medium-sized businesses (SMBs) to provide to their consumers. Read the report: 2022 Global Digital Shopping Index – SMB...

SMBs
SMBs Add New Features to Boost Sales, Close Shopping ‘Usage Gap’
May 20, 2022

When shopping with small- to medium-sized businesses (SMBs), the shopping features consumers care about most are rewards programs and the ability to use their preferred payment method. Double-digit shares of SMB customers cited those shopping features as the most important for businesses to offer, with...

SMBs
Deutsche Bank Backs MarketFinance’s Efforts to Lend $125M to UK SMBs
May 19, 2022

London-based FinTech MarketFinance has raised debt from Deutsche Bank that will allow the company to fund part of a 100 million British pound (about $125 million) lending effort for small- to medium-sized businesses (SMBs), according to a Thursday (May 19) press release. Lending to U.K....

SMBs
The Data Point: 82% of SMBs Interested in All-in-One Platforms to Receive Payments
May 12, 2022

Small- to medium-sized businesses (SMBs) keep pulling through the pandemic heroically and taking digital steps to improve many aspects of their operation, but the back office remains an issue. Surveying 500 SMBs in the consumer goods, manufacturing, eCommerce, retail, wholesale trade or transportation, logistics and...

SMBs
Main Street Restaurants, Fitness, Personal Services Rebound From Pandemic Lows
May 10, 2022

Three types of Main Street small and medium-sized businesses (SMBs) that were among those most affected by the pandemic have also seen the swiftest recovery over the past year from their pandemic low points. In terms of their year-over-year Main Street Index score variations as...

SMBs
SMBs Say Costly, Time-Consuming Payment Processes Are Chronic Supplier Pain Point
May 09, 2022

Small- to medium-sized businesses (SMBs) experience several problems when making payments to suppliers. The most common pain points are manual invoice review, the high cost of using credit, and the high cost of making payments. Those problems are cited by 45%, 43% and 41% of SMBs,...

SMBs
Mastercard, Enterprise Nation Launch SMB Support App
May 09, 2022

Mastercard and Enterprise Nation have teamed up to launch an app designed to help micro and small enterprises (MSEs) get tools and other support from their phones. The Enterprise Nation: Make a Plan app, has been developed as part of the Strive UK program, which...

SMBs
Morgan Stanley Names 10 Small Businesses to Its Academy Program
May 05, 2022

Morgan Stanley’s Institute for Inclusion and the Morgan Stanley Supplier Diversity Program have set up the inaugural class of the bank’s Small Business Academy, a press release said, which will promote equity and diverse leaders of small business. The initiative will help small businesses improve...

SMBs
dLocal Launches Platform to Help Small Businesses in Emerging Markets
May 05, 2022

Payment platform dLocal has launched dLocal Go, an online platform for entrepreneurs, startups and small- to medium-sized businesses (SMBs) to process payments and access other financial services in emerging markets, according to a company press release Thursday (May 5). dLocal Go is a self-service platform...