Hello Alice has launched a Business Health Score to help small businesses access investment, capital and credit. The new assessment tool is designed to support small businesses seeking to increase their financial and business health and to help Hello Alice and its ecosystem partners better...
Enigma and Noble have partnered to help lenders make underwriting decisions about businesses. The collaboration brings together Enigma’s intelligence about the financial health and identity of U.S. businesses and Noble’s verification, credit underwriting and decisioning solutions, the companies said in a Wednesday (March 29) press...
The Small Business Administration (SBA) is pledging more support to female entrepreneurs. President Joe Biden is set to announce the expansion of the SBA’s network of Women Business Centers, bringing the total to 160 nationwide, the White House said Monday (Mar. 27). “These centers are...
As banking relationships evolve, bank offerings are transforming alongside them. This, as Rohit Mathur, head of Bridge built by Citi, tells PYMNTS CEO Karen Webster that the needs of small and medium-sized businesses (SMBs) have never been greater than they are today. “There’s not many out...
Small to mid-sized businesses (SMBs) are sometimes portrayed as the underdogs in a fight against larger companies to win customers. It is said that the Amazons and Walmarts of the world have the upper hand, while mom-and-pop stores on the corner have just a slim...
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....