SMBs

Small and Medium businesses are privately owned corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation.

75% of Companies Still Use Paper Checks Despite High Cost
75% of Companies Still Use Paper Checks Despite High Cost
August 29, 2024  |  Digital Payments

In today’s business environment, effective payment methods are essential. Outdated payment systems can create cash flow challenges, while digital payments offer streamlined processing, enhanced operational...

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Small Businesses Embrace Instant Payments: Benefits Beyond Speed
Small Businesses Embrace Instant Payments: Benefits Beyond Speed
August 29, 2024  |  Real-Time Payments

Small and medium-sized businesses (SMBs) across sectors are widely using instant payments. For many, they have become their primary method of sending payment. Across four...

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Citigroup Aims to Double Commercial Banking Revenue by Targeting Small Businesses
Citigroup Aims to Double Commercial Banking Revenue by Targeting Small Businesses
August 28, 2024  |  SMBs

Citigroup is reportedly looking to increase its revenue by adding smaller clients. Traditionally known for serving only the largest clients, the bank has expanded its...

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Sezzle Teams With Liberis on Small Business Funding Program
Sezzle Teams With Liberis on Small Business Funding Program
August 28, 2024  |  SMBs

Buy now, pay later (BNPL) firm Sezzle and embedded finance platform Liberis teamed to help American small businesses get funded. The partnership is centered around...

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Vault Introduces New AP Features for Canadian Businesses
Vault Introduces New AP Features for Canadian Businesses
August 27, 2024  |  Accounts Payable

Vault has released new functionality for its platform to help Canadian businesses automate vendor payments. The new addition, announced in a news release Tuesday (Aug....

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Small Businesses Turn Digital Payments Into Cash Flow Engine
Small Businesses Turn Digital Payments Into Cash Flow Engine
August 27, 2024  |  Digital Payments

Being in business means putting a lot of effort into staying in business. And staying in business is a challenge many small and medium-sized businesses...

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CFPB’s Small Business Lending Data Collection Rule Leaps Legal Hurdle
CFPB’s Small Business Lending Data Collection Rule Leaps Legal Hurdle
August 26, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) rule requiring lenders to gather demographic information about small business borrowers has leapt another legal hurdle.  A federal judge rejected...

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Reserve Bank of India to Launch Lending Platform
Reserve Bank of India to Launch Lending Platform
August 26, 2024  |  Loans

The Reserve Bank of India (RBI) plans to launch a technology platform designed to enable frictionless credit, especially for small- to medium-sized businesses (SMBs). The...

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CFPB Launches Beta Platform for Small Business Lending Data Collection
CFPB Launches Beta Platform for Small Business Lending Data Collection
August 26, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) launched a beta platform for the small business lending data collection rule under section 1071 of the Dodd-Frank Act....

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