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.

Bank of America CEO: Consumers, Businesses Pulling Back on Spending
Bank of America CEO: Consumers, Businesses Pulling Back on Spending
May 30, 2024  |  Economy

Brian Moynihan, CEO of Bank of America, said higher inflation and interest rates have dampened consumer and business spending this year. From hardware to software,...

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This Week in B2B Innovation: Embedded Experiences, AI and Leverage
This Week in B2B Innovation: Embedded Experiences, AI and Leverage
May 30, 2024  |  B2B Payments

Digital is a one-way street. And that street is being populated by B2B firms who aren’t looking back after embracing digital innovation to both compete...

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NatWest Extends Mastercard Business Savings to Debit Cards in UK
NatWest Extends Mastercard Business Savings to Debit Cards in UK
May 30, 2024  |  SMBs

NatWest has extended the Mastercard Business Savings program to include small business debit card customers in the United Kingdom. Previously, the program was only available...

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B2B Companies Embrace Invoice Financing to Drive Business Continuity
B2B Companies Embrace Invoice Financing to Drive Business Continuity
May 30, 2024  |  B2B Payments

As businesses evolve, so too do the ways in which they pay and get paid. After all, cash flow is the lifeblood of any business....

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Brazil’s Olist Expands Banking Services for Retailer Clients
Brazil’s Olist Expands Banking Services for Retailer Clients
May 29, 2024  |  Banking

Brazilian eCommerce company Olist is expanding its banking services. Founder and CEO Tiago Dalvi told Bloomberg News on Wednesday (May 29) that the company expects...

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Relay Raises $32.2 Million to Expand Business Banking Platform
Relay Raises $32.2 Million to Expand Business Banking Platform
May 29, 2024  |  Investments

Relay has raised $32.2 million in a Series B financing round to accelerate product development of its business banking platform. With the new funding, the...

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70% of Restaurant SMBs Say Convenience Is Top Instant Payments Benefit
70% of Restaurant SMBs Say Convenience Is Top Instant Payments Benefit
May 29, 2024  |  Faster Payments

While instant payments might seem like an innovation that only big companies would embrace, these types of expenditures are gaining traction with many mom-and-pop eateries....

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Elavon and Woo Partner on Online Payments for European Businesses
Elavon and Woo Partner on Online Payments for European Businesses
May 29, 2024  |  Partnerships

Elavon and Woo partnered to facilitate online payments for small- to medium-sized businesses (SMBs) in Europe. With this collaboration, Elavon’s payment extension will be integrated...

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Small Retailers Relying on In-Store Sales Are More at Risk
Small Retailers Relying on In-Store Sales Are More at Risk
May 28, 2024  |  Retail

Small retailers that make most of their sales via brick-and-mortar are the most at risk of closing, compared to those that leverage an omnichannel strategy...

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