Small and medium-sized businesses (SMBs) and their owners are the backbone of local economies worldwide. And they haven’t had it easy, not recently. That’s because they have to big needs: streamlined access to capital to expand their businesses and keep the lights on, and the...
In contrast to typical business loans or personal sources of financing, business cards offer multiple benefits for small- to medium-sized businesses (SMBs). These benefits include easier qualification than bank loans, higher credit limits and other various perks. According to a recent poll, more than 9...
PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that have shaped business in 2023. Enigma Co-founder and CEO Hicham Oudghiri says artificial intelligence-forward financial and payments companies will build...
An online presence is a must for any business today, and online sales require a platform that allows consumers to have an easy, quick and reliable shopping experience. But building your own platform is expensive and takes time, making it impossible for many small and...
February 23, 2024
In contrast to typical business loans or personal sources of financing, business cards offer multiple benefits for small- to medium-sized businesses (SMBs). These benefits include easier qualification than bank loans, higher credit limits and other various perks. According to a recent poll, more than 9 in 10 new business owners who used business cards as […]
December 29, 2023
2023 hasn’t been an easy environment for small and midsized businesses (SMBs). Business bankruptcy rates jumped 30% between September 2022 and September 2023, as macro factors like record-high interest rates and the...
December 20, 2023
The COVID-19 pandemic accelerated the shift to an eCommerce economy, resulting in historically high sales in 2020 and 2021. Almost all small- to medium-sized businesses (SMBs) on Main Street see...
October 30, 2023
The world of payment processing plays a crucial role in the operations of small- to medium-sized businesses (SMBs). That payment processor landscape, particularly for Main Street SMBs, is “saturated but...
October 03, 2023
Data science company Enigma has debuted its know your business (KYB) platform. The new product, announced Tuesday (Oct. 3), is designed to allow users to conduct KYB checks to onboard new business customers with minimal friction. “Our customers’ top KYB priorities are meeting compliance and regulatory requirements, swiftly onboarding more customers, and overcoming the growing pressure to […]
March 29, 2023
Enigma and Noble have partnered to help lenders make underwriting decisions about businesses. The collaboration brings together Enigma’s intelligence about the financial health and identity of U.S. businesses and Noble’s...
February 07, 2023
Enigma and Alloy have partnered to help financial institutions (FIs) better understand small businesses. The collaboration adds Enigma’s intelligence about the financial health and identity of U.S. businesses to Alloy’s...
