American Express is rolling out a new commercial card solution for small businesses targeting cash flow management for its users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Most individuals would feel compelled to have a good excuse if they were late in paying back someone who lent them money. This isn’t the case in the world of trade credit, however, in which millions of U.S. firms sell their products and services to...
New data showed that small business optimism rose 1.5 points to 105 in May, surpassing pre-shutdown levels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Machine learning and artificial intelligence can help smooth business processes and eliminate reliance on paper-based and manual operations. Prashant Fuloria, COO at financial technology firm Fundbox, tells PYMNTS that when it comes to offering SMBs credit there are guiding principles about what data are most...
The rise of the gig economy exposed an issue that had plagued freelancers for ages: past-due invoices and cash flow. PYMNTS’ Gig Economy Index found that 84.5 percent of existing freelancers say they would do even more freelance work if they were paid more quickly....
There are few areas of the economy in which millions of dollars in goods and services could be received solely with an IOU. Yet, such a system prevails for the millions of U.S. businesses that engage in trade credit relationships with their business partners. One...
Small businesses have sent out a warning to the Trump administration over new tariffs being levied on Chinese goods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
FinTech Fundbox said on Thursday (March 28) that it is expanding its partnership with Synchrony, the consumer financial services company, to make B2B credit available to the latter’s merchant client base. Synchrony already offers consumer financing to those merchants across verticals such as retail, auto...
Coming off a strong 2018, small business owners are becoming more conservative in terms of how many investments they make and how many new people they will hire. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
