small business

Citi’s SMB Lending Platform Targets Corporate Suppliers
Citi’s SMB Lending Platform Targets Corporate Suppliers
March 21, 2023  |  SMBs

As banking relationships evolve, bank offerings are transforming alongside them. This, as Rohit Mathur, head of Bridge built by Citi, tells PYMNTS CEO Karen Webster that...

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Monite Raises $5 Million for Embedded Finance Workflows Solution
Monite Raises $5 Million for Embedded Finance Workflows Solution
March 20, 2023  |  B2B Payments

Embedded finance workflows startup Monite has closed $5 million in seed funding. This follows a $5 million seed round in February 2022, bringing the firm’s...

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SVB Collapse Has Companies Reviewing Financing, Cash Management Strategies
SVB Collapse Has Companies Reviewing Financing, Cash Management Strategies
March 17, 2023  |  CFO

Silicon Valley Bank’s (SVB) failure killed the argument that midsize banks pose no systemic risk.  Chief Financial Officers and corporate treasurers have gotten the message, and company...

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Smaller Retailers Without Rewards Programs Risk Losing Inflation-Weary Customers 
Smaller Retailers Without Rewards Programs Risk Losing Inflation-Weary Customers 
March 17, 2023  |  Loyalty & Rewards

Everyone loves a bargain, but small- and medium-sized business (SMB) retailers have been pulling back from promotional codes and rewards recently. As noted in proprietary...

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52% of Retailers Plan to Modernize Their Supply Chain Processes
52% of Retailers Plan to Modernize Their Supply Chain Processes
March 16, 2023  |  Supply Chain

Retailers, dependent on supply chains, are making modernization moves to better facilitate keeping their inventory stocked, as indicated in the PYMNTS collaboration with Corcentric, “Digital...

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Some UK Lawmakers Eye Dropping Small Businesses from Crime Bill
Some UK Lawmakers Eye Dropping Small Businesses from Crime Bill
March 13, 2023  |  Security & Fraud

The scope of the United Kingdom’s economic crime bill may be narrower than some hope. Some lawmakers have proposed excluding small businesses from the laws...

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BILL and BMO Debut Bill Pay and Invoicing Tool
BILL and BMO Debut Bill Pay and Invoicing Tool
March 09, 2023  |  B2B Payments

Billing software firm BILL has launched a bill pay/invoicing platform with BMO. Dubbed BMO Bill Connect, the cloud-based platform “gives customers more visibility and control...

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Brazilian Startup Barte Raises $3 Million for B2B Payments Platform
Brazilian Startup Barte Raises $3 Million for B2B Payments Platform
March 06, 2023  |  B2B Payments

Barte has raised 16 million Brazilian real (about $3 million) for its B2B payments platform. This seed round brings to 22 million Brazilian real (about...

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Digital-First Banks Well-Positioned to Win Small Business Hearts and Minds
Digital-First Banks Well-Positioned to Win Small Business Hearts and Minds
March 03, 2023  |  Digital Banking

Traditional FIs are at risk of losing their business banking relationships — especially with smaller firms. Doug Brown, president of NCR, told PYMNTS’ Karen Webster...

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