SMBs

SMBs
Fiserv and ADP Partner to Build Small Business Management Platform
November 19, 2024

Fiserv and ADP have partnered to offer U.S.-based small businesses a management system with capabilities across payroll, cash management and payments. The companies will create an integrated solution that brings together the capabilities of ADP’s small business payroll and human resources solution, RUN Powered by...

SMBs
Enigma and Databricks Partner to Deliver Financial Health Intelligence
November 18, 2024

Enigma and Databricks are collaborating to deliver data on small- to medium-sized business (SMB) financial health signals to customers. With this data, customers can access financial health intelligence about more than 33 million businesses, based on a panel of more than 40% of U.S. card transactions,...

SMBs
EverCommerce Adds AI Tools for Compiling Data to Small Business Platform
November 18, 2024

EverCommerce has expanded the capabilities of its platform for service-based small- to medium-sized businesses (SMBs) by adding artificial intelligence (AI) tools for compiling data. This data can inform small business owners’ decision-making in marketing, customer service and payments, the company said in a Monday (Nov....

SMBs
Nearly Three-Quarters of Small Businesses Using Embedded Lending Access Bigger Credit Lines
November 14, 2024

Small and medium-sized businesses (SMBs) face challenges when securing credit, especially in an uncertain economy. Embedded lending, which integrates credit options directly into purchase platforms, offers a fast and convenient solution. But a key element of embedded lending is the need for SMBs to share...

SMBs
Panel: Small Businesses Want Control, Automation Gives It to Them
November 13, 2024

Small- to medium-sized businesses (SMBs) have historically faced outsized challenges relative to their own footprint. From managing ever-growing tech stacks to optimizing cash flow amidst economic volatility, SMBs already have their work cut out for them when it comes to driving competitive differentiation versus their...

SMBs
Paychex Debuts Working Capital Offering for SMBs
November 12, 2024

Human capital management software solutions provider Paychex has introduced a working capital offering. Paychex Funding Solutions, announced Tuesday (Nov. 12), is designed to provide small- to medium-sized businesses (SMBs) with fast access to capital as needed. “Lack of capital is the top reason that small...

SMBs
One-Third of SMBs Still Don’t Get a Choice in How They’re Paid
November 12, 2024

You pays your money, you makes your choice. That old idiom does not apply to many small- to medium-sized businesses (SMBs), however. The PYMNTS Intelligence report “How Instant Ad Hoc Payments Benefit Digital-First SMBs,” in collaboration with Ingo Payments, found that strides are being made...

SMBs
Small Businesses That Sell Online Outpace Brick-and-Mortar Store Sales
November 08, 2024

Small- to medium-sized businesses (SMBs) that focus on online sales outperform those that rely on physical stores, according to the PYMNTS Intelligence report “SMB Growth Report: Online vs. In-Store SMBs.” The report revealed how online SMBs record higher revenue, better growth prospects and more access...

SMBs
Chase Expands Availability of Business Intelligence Platform
October 30, 2024

Chase for Business expanded the availability of a business intelligence platform to all Chase business checking accounts at no additional cost. The Customer Insights platform was previously available only to Chase Payment Solutions clients, the bank said in a Wednesday (Oct. 30) press release. “Our...