Small And Midsized Businesses news and trends

Business Bankruptcies Jump as COVID Relief Ends
Economy // December 18, 2023

The end of pandemic relief and steep interest rates have ramped up corporate bankruptcies. Business bankruptcy rates had been falling in the U.S. for a decade, but jumped 30% between September 2022 and September of this year,  the Financial Times (FT) noted in a report...

Amex Aims to Onboard Thousands of Small Australian Merchants
Credit Cards // December 17, 2023

American Express has launched a campaign to increase acceptance of its cards in Australia. The company’s OptBlue program is set to onboard “thousands” of small merchants onto American Express’s network via two merchant acquirers, Fiserv and Tyro, the company said in a news release provided...

Quick Reads
Court Ruling: PayPal Australia Unfair to Small Merchants

July 05, 2024
Australia’s federal court has ruled that a term in PayPal’s contract for local small businesses is unfair. The reason, the court ruled Friday (July 5) is because the contract terms allowed PayPal to retain fees it had erroneously charged if the small business failed to inform PayPal of the error within 60 days of the […]

Business Bankruptcies Jump as COVID Relief Ends

December 18, 2023
The end of pandemic relief and steep interest rates have ramped up corporate bankruptcies. Business bankruptcy rates had been falling in the U.S. for a decade, but jumped 30% between...

Amex Aims to Onboard Thousands of Small Australian Merchants

December 17, 2023
American Express has launched a campaign to increase acceptance of its cards in Australia. The company’s OptBlue program is set to onboard “thousands” of small merchants onto American Express’s network...