Vault has launched an all-in-one online financial platform for small- to medium-sized businesses (SMBs) in Canada. The platform is designed to give SMB owners access to financial products and services that are not easily available to them otherwise, Vault said in a Tuesday (May 16) press release. “My...
Far from being just another noisy headline, the current Capitol slugfest could soon affect Main Street if left unresolved. For many U.S. consumers, raising the debt ceiling is usually one of those pieces of legislation that just passes. But in a sign of living in...
Hundreds of millions of consumers and businesses use digital wallets — and not traditional bank accounts — to transact across the globe. That’s especially true in emerging markets, where the ubiquity of mobile devices offers a springboard to transitioning away from bills and coins. But...
The small- to medium-sized business (SMB) space offers an outsize opportunity for B2B growth. Despite the attractive white space, financial services, merchant services and vertical Software-as-a-Service (SaaS) organizations often need better, more effective help to reach SMBs efficiently and productively. Today’s ongoing digitization provides an...
Inflation, consumer cutbacks, and limited access to capital are all hindering small and medium businesses (SMBs), which are turning to digital tools to close gaps and firm up operations. While throngs of shoppers returned to physical stores in 2022 and so far in 2023, they’re...
Melio has launched a mobile app that helps small businesses make and track B2B payments while on the go. The new app, which is now available on the Apple App Store and will be added to the Google Play Store in the coming months, complements...
Cash is the lifeblood of a business, meaning that delayed payments delay growth. Payment defaults are even worse. Today’s turbulent macroclimate has only underscored the importance of keeping cash on hand for businesses — complicating the buyer and seller dynamic by adding more pressure around...
Nothing is more rewarding than being a small business owner — and nothing is more challenging. That’s because being your own boss brings with it a whole new set of financial responsibilities, and those responsibilities come with a wide array of operational vulnerabilities that can...
Small and medium-sized businesses (SMBs) have a big problem — their access to capital is shrinking. A historically underbanked segment, it is becoming more difficult for SMBs to borrow as the economy tightens and macro conditions worsen. This, as ongoing contractions across the Main Street...
