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.

Many Smaller SMBs Opt to Process Ad Hoc Payments Manually — and It’s Costing Them
Many Smaller SMBs Opt to Process Ad Hoc Payments Manually — and It’s Costing Them
May 06, 2024  |  Accounts Receivable

Fifty-seven percent of the total accounts receivable (AR) transactional volume flowing into the coffers of small to mid-sized businesses (SMBs) comes in the form of nonrecurring,...

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US Small Businesses See Drop in Failure Risk Compared to Larger Firms
US Small Businesses See Drop in Failure Risk Compared to Larger Firms
May 06, 2024  |  SMBs

Despite news about rising inflation and stalled interest rates, recent PYMNTS Intelligence data confirms that many of the small and medium-sized businesses (SMBs) that dot...

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Exclusive: Markaaz Introduces Global Business Identity Platform
Exclusive: Markaaz Introduces Global Business Identity Platform
May 06, 2024  |  Monday Meetup

A new global business identity platform is on the scene, enabling banks, FinTechs and enterprises to verify and onboard businesses of all sizes, particularly smaller...

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Gen Z Small Business Owners Get Personal for Business Loans
Gen Z Small Business Owners Get Personal for Business Loans
May 03, 2024  |  SMBs

At a time when every financial decision counts, many small to medium-sized businesses (SMBs) can at least take some comfort knowing there are a wide...

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BILL’s Payment Processing Rises 20% as Small Businesses Adopt ePayments
BILL’s Payment Processing Rises 20% as Small Businesses Adopt ePayments
May 02, 2024  |  Earnings

The number of small- to medium-sized businesses (SMBs) using BILL’s solutions to digitize their operations and adopt electronic payments increased by 10,000 over the past...

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Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
May 02, 2024  |  Real-Time Payments

In B2B interactions, faster payments — especially ad hoc payments — may prove to be a competitive advantage. PYMNTS Intelligence found that non-recurring payments represent roughly a quarter of...

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Tuza Raises $5 Million for Business Card Payments Comparison Site
Tuza Raises $5 Million for Business Card Payments Comparison Site
May 02, 2024  |  Investments

London-based Tuza secured 4 million pounds (about $5 million) in seed funding for its platform that brings price comparison to card payments in the United Kingdom. The...

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Amazon Launches Grants, Education Hub for Small Business Owners
Amazon Launches Grants, Education Hub for Small Business Owners
May 02, 2024  |  SMBs

Amazon’s B2B procurement store is rolling out new resources designed to help smaller entrepreneurs. It’s all part of Amazon Business’ third annual Small Business Month, the retail...

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Chase Debuts Tools for Small Business Payment Pain Points
Chase Debuts Tools for Small Business Payment Pain Points
May 02, 2024  |  SMBs

Chase introduced a series of payments-oriented tools aimed at small- to medium-sized businesses (SMBs). The new tools include offerings to help SMB owners electronically create and send invoices and gain...

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