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.

Payoneer Pays $61 Million for HR/Payroll Platform Skuad
Payoneer Pays $61 Million for HR/Payroll Platform Skuad
August 07, 2024  |  Acquisitions

Small-business-focused FinTech Payoneer has acquired Singapore-based payroll/HR platform Skuad for $61 million. The deal is designed to bolster Payoneer’s efforts to serve as a “business-grade financial stack” for small...

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Citi and IFC Partner on Sustainable Supply Chain Finance Program
Citi and IFC Partner on Sustainable Supply Chain Finance Program
August 06, 2024  |  Supply Chain

Citi and International Finance Corp. (IFC), a global development institution that is a member of the World Bank Group, have partnered on a $2 billion...

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Delta, CrowdStrike Fallout Highlights Why Firms Need a Recovery Plan
Delta, CrowdStrike Fallout Highlights Why Firms Need a Recovery Plan
August 06, 2024  |  B2B Payments

No one is an island. And in our interconnected and digital world, no company is, either — meaning that the cost of a single facet’s...

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8 in 10 Execs Have Lost Business Due to Payment Errors
8 in 10 Execs Have Lost Business Due to Payment Errors
August 06, 2024  |  B2B Payments

The business-to-business (B2B) payments sector is undergoing a transformation as traditional manual processes strain business relationships. Lengthy payment cycles, inefficient communication, and error-prone methods are...

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COE Distributing CEO: Soaring Shipping Costs Hit Small Businesses Hard
COE Distributing CEO: Soaring Shipping Costs Hit Small Businesses Hard
August 05, 2024  |  SMBs

In his testimony last month before the House Small Business Committee, COE Distributing Chairman and CEO J.D. Ewing highlighted the issue of soaring shipping costs...

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CredibleX and Fracxn Partner on Financing Solutions for Small Businesses
CredibleX and Fracxn Partner on Financing Solutions for Small Businesses
August 05, 2024  |  Partnerships

CredibleX and Fracxn partnered to provide small- to medium-sized businesses (SMBs) with access to a variety of financing solutions. With this collaboration, Fracxn’s instant financing...

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Branded, Faster Checkout Options Gain Momentum as PayPal, Shopify Report Earnings
Branded, Faster Checkout Options Gain Momentum as PayPal, Shopify Report Earnings
August 05, 2024  |  Checkout Conversion

If there’s a common theme emerging among eCommerce platforms this earnings season, it’s that the last moments of a transaction are continually being refined and...

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Earnings Season Shows Business Demand for Working Capital Remains Robust
Earnings Season Shows Business Demand for Working Capital Remains Robust
August 02, 2024  |  SMBs

Although all eyes this earnings season might be focused on consumer spending, there are several puts and takes on business demand for working capital, particularly...

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Embracing a Specialist Approach Helps Lenders Overcome Small Business Difficulties
Embracing a Specialist Approach Helps Lenders Overcome Small Business Difficulties
August 01, 2024  |  SMBs

Small businesses represent 99.9% of American firms, yet effectively financing them remains an ongoing challenge. Small businesses are inherently risky — and many end up...

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