Zaid Rahman, CEO of Flex, told PYMNTS that the traditional channels through which small businesses manage their finances and their operations leave plenty of room for innovation, and for improvement. Most small to midsize businesses (SMBs) do not have the time or resources or staff...
The European Commission (EC) has proposed that all small and medium-sized businesses (SMBs) must be paid within 30 days. The new proposal for regulation on late payments in commercial transactions says that payment delays are “an unfair practice that compromises the cash flow of [SMBs] and hampers...
In recent years, TikTok has emerged as a powerful tool for small and medium-sized businesses (SMBs) looking to drive business growth. Its reach and engagement levels have transformed it into a digital marketing paradise, offering opportunities for SMBs to reach a massive audience without breaking...
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,...
Access to business financing is crucial for Main Street small and medium-sized businesses (SMBs). But while a significant share of these small businesses across all revenue tiers have access to business funding sources, about 30% of those with less than $150,000 in annual revenue have...
BILL has integrated its accounts payable (AP), accounts receivable (AR), and spend and expense management solutions into a single platform. The new BILL Financial Operations Platform allows small- to medium-sized businesses (SMBs) to optimize and manage their cash flow effectively, the provider of financial automation software for...
Main Street may be the soul of America, but its businesses find themselves increasingly embattled. That’s because small and medium-sized business (SMBs) looking for credit or working capital and other financing solutions are often underserved and ignored by traditional financial institutions (FIs). It is a...
Credit decisioning platform Uplinq has teamed with Visa to help small businesses access credit. The collaboration, announced Wednesday (Aug. 30), is designed to help lenders reduce risk while also giving American and Canadian small business owners access to fair credit. “Having fast access to working capital is important for businesses of...
U.S. Bank subsidiary Elavon has launched a next-generation model of its Android-based point-of-sale (POS) system called talech Terminal. The system aims to help small business owners streamline their operations and enhance customer payment experiences, the company said in a Wednesday (Aug. 30) press release. With various hardware options available, including...
