SMBs

SMBs
Mastercard Offers Grants and Mentorship to Women Entrepreneurs in Canada
September 18, 2024

Mastercard is inviting women entrepreneurs in Canada to apply to receive one of 10 $10,000 CAD ($7,396) grants and access to mentorship opportunities to help them grow and scale their businesses. The company will accept applications for the Mastercard x Pier Five Small Business Fund until...

SMBs
How RPA Makes AP/AR Automation More Accessible for Small Businesses
September 17, 2024

Many hands make light work, but digital solutions remove the need for hands. And scaling operational productivity without scaling headcount, particularly within the back-office, is increasingly top of mind for today’s businesses of all shapes and sizes. After all, among the core processes that directly...

SMBs
Santander Consumer Expands Small Business Offering to Car Dealers
September 16, 2024

Santander Consumer is expanding its small business offering to all auto dealers using its platform. The program lets small business owners and entrepreneurs finance vehicles through the lender’s consumer banking division, broadening their available financing options, Santander said in a news release Monday (Sept. 16)....

SMBs
New Data: Embedded Lending Favored by India’s 473M Consumer Class Economy
September 16, 2024

Embedded lending offers convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This proves impactful for individuals and microbusinesses and small businesses (MSBs) that want to align their cash flow and expenses. In India, 15% of consumers and 37%...

SMBs
22% of US Small Businesses Struggle to Pay Bills Due to Cash Flow
September 10, 2024

Small- to medium-sized businesses (SMBs) often find themselves in a constant struggle to manage cash flow, focusing more on survival than growth. Many SMBs use outdated cash management practices, which leads to mounting pressures from delayed payments and inefficient processes. The PYMNTS Intelligence report “From...

SMBs
Small Businesses Tap FinTech Innovations to Close Big Digital Transformation Gap
September 05, 2024

While no two small and medium-sized businesses (SMBs) are alike, many face similar challenges. And those challenges tend to be related to the widening gap in digital transformation when it comes to the back office and payments functions of SMBs versus their larger, enterprise peers. Still,...

SMBs
60% of Small Businesses Struggle With Cash Flow Management
September 04, 2024

In an era where technological advances promise unprecedented efficiency, small and mid-sized businesses (SMBs) contend with a persistent issue: delayed payments. This financial bottleneck, stemming from outdated processes and slow manual systems, threatens the stability and growth potential of SMBs. As the landscape shifts, a...

SMBs
Amex and UNIPaaS Team on Small Business Invoice Payments
September 03, 2024

Payment-as-a-Service provider UNIPaaS has launched a small-business-focused invoice payments partnership with American Express. The collaboration, announced by the London-based UNIPaaS Tuesday (Sept. 3), will let small- to medium-sized businesses (SMBs), give customers the option of paying invoices with American Express (Amex) Cards through the UNIPaaS...

SMBs
Application Frictions Slow Australians From Adopting Embedded Lending
September 03, 2024

Embedded lending is growing in popularity around the world. It offers convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This proves especially impactful for individuals and microbusinesses and small businesses (MSBs) that want to better align cash flow...