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.

Dynamic Routing Boosts Merchant Conversion Rates and Customer Loyalty
Dynamic Routing Boosts Merchant Conversion Rates and Customer Loyalty
August 14, 2023  |  Payments Innovation

Andy McHale, senior director of product and market strategy at Spreedly, told PYMNTS in an interview that in the age of digital commerce, dynamic routing can...

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Business Travel Looks to Take Flight With Cloud Benefits
Business Travel Looks to Take Flight With Cloud Benefits
August 11, 2023  |  B2B Payments

It has been a failure to launch for business travel coming out of the pandemic. The year 2019 is still the one to beat from...

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Starling Bank to Expand into Asia-Pacific
Starling Bank to Expand into Asia-Pacific
August 11, 2023  |  Digital Banking

Starling Bank plans to make its first expansion outside of Europe, moving into the Asia-Pacific (APAC) region. The British neobank has been in talks with an...

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ShipStation Releases New Product Bundles Feature for Merchants
ShipStation Releases New Product Bundles Feature for Merchants
August 10, 2023  |  SMBs

ShipStation has released a new feature called Product Bundles that allows merchants to fulfill, ship and track bundled items more thoroughly on the company’s platform. Doing so allows...

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SumUp Raises $100 Million to Offer Merchants Cash Advances
SumUp Raises $100 Million to Offer Merchants Cash Advances
August 09, 2023  |  Alternative Finances

SumUp has raised a $100 million credit facility to launch a merchant financing solution. The British company’s Cash Advance tool offers advances of up to...

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Virtusa and Thought Machine Launch Customer Onboarding Platform
Virtusa and Thought Machine Launch Customer Onboarding Platform
August 09, 2023  |  Partnerships

Virtusa and Thought Machine have teamed up to launch a platform that helps financial institutions onboard small- to medium-sized businesses (SMBs). The new SME Customer Onboarding Platform is designed to...

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Bank Loan Losses Hit Three-Year High at $19 Billion
Bank Loan Losses Hit Three-Year High at $19 Billion
August 09, 2023  |  Banking

American banks reported nearly $19 billion in loan losses during the second quarter. As the Financial Times reported Wednesday (Aug. 9), the $18.9 loan-loss rate...

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Winning Checkout Game Requires Demystifying Payments Orchestration, Says Spreedly CEO
Winning Checkout Game Requires Demystifying Payments Orchestration, Says Spreedly CEO
August 09, 2023  |  Payment Methods

The world of payment services is constantly evolving and can be frustrating to navigate. That’s why payments orchestration is so important. And for those businesses...

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Alternative Payment Methods Boost Conversions When Expanding Globally
Alternative Payment Methods Boost Conversions When Expanding Globally
August 09, 2023  |  Payments Innovation

Emerging from the pandemic, companies need to put payments at the center of their strategic roadmaps, according to Nuvei Chief Revenue Officer Laura Miller. For...

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