Small Business Owners news and trends

Owners Bank Unveils Credit Card for Small Businesses
SMBs // September 08, 2023

Owners Bank, a new digital bank created to cater to the needs of small business owners, has launched a business credit card. This product aims to address the common challenges faced by small business owners when searching for a credit card that suits their requirements,...

Alibaba Adds Smart Assistant and Upgraded Image Search to B2B Platform
Commercial Payments // September 07, 2023

Alibaba.com has added enhancements to its global B2B eCommerce platform to help small business owners level up their sourcing and supply chain operations. “We are making the sourcing journey more intuitive and visualizable by helping enterprises of all sizes better utilize today’s leading eCommerce technologies,” Stephen...

SBA to Debut Changes to Boost Small Business Access to Credit
SMBs // July 31, 2023

Sweeping changes to the federal program for small business lending will begin taking effect Tuesday (Aug. 1). Among the upcoming changes are simplified loan requirements, more widespread automation and an expansion of the number of nonbank lenders that are licensed to issue Small Business Administration...

Small Business Optimism Rises To Historic Highs
SMBs // June 16, 2019

New data showed that small business optimism rose 1.5 points to 105 in May, surpassing pre-shutdown levels. According to the National Federation of Independent Business (NFIB), six factors in the Small Business Optimism Index improved, three were unchanged, and one fell. Capital spending plans increased...

Interviews & Exclusives
Mastercard Launches New SMB Card Rewards

May 02, 2019
The main challenge of designing a holistic solution for the small business (SMB) community is that it’s a diverse segment, making it particularly hard to create one-size-fits-all solutions. The term “small business,” Mastercard EVP of Core Products Amnah Ajmal told PYMNTS in a recent conversation, can refer to all kinds of firms — from gig workers to […]

Quick Reads
IRS Boosts Safeguards on Tax Credit to Prevent PPP-Like Fraud

September 14, 2023
The Internal Revenue Service (IRS) has placed a moratorium on processing new claims for the Employee Retention Credit (ERC), a pandemic-era relief program, aiming to prevent a recurrence of the sort of fraud that happened around the Paycheck Protection Program (PPP). This decision comes in response to growing concerns about the influx of ineligible claims and aggressive marketing tactics that are […]

Owners Bank Unveils Credit Card for Small Businesses

September 08, 2023
Owners Bank, a new digital bank created to cater to the needs of small business owners, has launched a business credit card. This product aims to address the common challenges...

Alibaba Adds Smart Assistant and Upgraded Image Search to B2B Platform

September 07, 2023
Alibaba.com has added enhancements to its global B2B eCommerce platform to help small business owners level up their sourcing and supply chain operations. “We are making the sourcing journey more intuitive...

SBA to Debut Changes to Boost Small Business Access to Credit

July 31, 2023
Sweeping changes to the federal program for small business lending will begin taking effect Tuesday (Aug. 1). Among the upcoming changes are simplified loan requirements, more widespread automation and an...