Davos. It’s a small skiing village in Switzerland that has become synonymous with the World Economic Forum’s signature event that, in better years, has drawn CEOs, celebrities and international political leaders to discuss the macroeconomic trends that will define global business. So it was interesting...
The COVID-19 pandemic has impacted all businesses, but the smaller firms have been particularly hard-hit. Jonathan Hughes, co-founder of Pollinate and CEO of Pollinate Horizons, shares his thoughts on why, and how, the payments industry must support the small businesses coming out of the crisis....
Yitz Mendlowitz, founder and CEO of PAAY, shares his insights on how the pandemic has impacted small businesses, and what they should do in the year ahead to prevent fraud and survive in the new digital economy. “With an effective fraud prevention solution, businesses can...
After a long wait and months of debate, the Paycheck Protection Program (PPP) is setting forth on its second round. Congress has allotted $284.5 billion for PPP loans, with $137 billion set aside for “second-draw” loans for firms that need help beyond their initial loan...
As the holiday shipping delay season fades into the books, the feeling of ordering something and doubting its arrival should be fresh in the minds of American consumers. Now imagine that same feeling, with thousands — or even millions — more dollars at stake. Welcome...
The U.K. government is looking to crack down on companies that take too long to pay suppliers, according to a report from the Financial Times (FT). The effort is intended to relieve pressure on small- to medium-sized businesses (SMBs) facing cash flow troubles because of...
A year ago, solidifying a digital business was still at the level of a “nice to do” for most SMBs. A year and one global pandemic later, digital transformation has become a need-to-do for SMBs looking to survive the storm. Luckily, PYMNTS can offer some...
The pandemic was a crushing blow for SMBs, with many of them pushed to the edge of survival and beyond. Still others rolled up their sleeves, pivoted their business models and embraced the digital-first economy. It’s a smart bet that for all of them, it...
For Main Street businesses, to say 2020 was challenging is an understatement. The good news, according to PYMNTS data, is that as 2020 is coming to a close, small- to medium-sized businesses (SMBs) are feeling genuinely more confident about their odds of continued survival than...
