Pocketbook and Bond have partnered to help small- to medium-sized businesses (SMBs) deploy digital wallets. By adding Bond’s embedded finance platform to Pocketbook’s white-label solution that provides branded banking options to SMBs, Pocketbook will be able to allows its customers to accept payments directly from...
C2FO and the Schultz Family Foundation have partnered to provide access to working capital to small and diverse businesses. The partnership will leverage data from the C2FO on-demand working capital platform and a $10 million investment from the Foundation to deliver an additional $100 million...
It’s a given that smaller businesses have a hard time getting the capital they need. As noted here in recent PYMNTS coverage, big banks’ approval rate for business loans dipped to just below 15%, a 10-month low. And as we found in the recent report...
January’s retail figures caused a collective sigh of relief, hinting we may be turning an economic corner. The 3% consumer spending surge felt especially sharp after November and December saw sales decline by 1% and 1.1%, respectively. The Census Bureau-issued report on this much-anticipated barometer of U.S....
Smaller grocers are again caught between consumers and prices as major brands pass on their commodities costs. Shoppers globally are expected to pay even more for branded food items in the coming year as packaged goods production expenses remain high, Reuters reported Wednesday (Feb. 8)....
These are tough times for small businesses. Enigma Technologies Chief Operating Officer and Chief Product Officer Scott Steinberg told PYMNTS that economic uncertainty is not only making capital harder to come by for small- to medium-sized businesses (SMBs), but also more expensive. “Interest rates are...
In an area once dominated by banks, EMEA FinTechs are now major SMB lenders. Across Europe, Middle East and Africa (EMEA) region, a generation of FinTech lenders are shaking up the way small and medium-sized businesses (SMBs) access finance. And if recent events are anything...
Open banking can help small and medium-sized businesses (SMBs) in more ways than one. In fact, from payment gateways to automatic invoicing software, a variety of Europe-based startups are using the technology to better cater to the needs of the SMB market. Payments Automation Managing...
Even small changes may reap cost-cutting rewards for small businesses seeking to weather 2023’s projected rocky road. Economic news over the past few days has felt grim. Grocers are seeing even their higher-income customers buy less, and interest rate hikes are influencing the shopping behaviors...
