PYMNTS-MonitorEdge-May-2024

financing

Finance is a term for matters regarding the management, creation, and study of money and investments. Specifically, it deals with the questions of how and why an individual, company or government acquires the money needed – called capital in the company context – and how they spend or invest that money.

Florida-Based Liberty Savings Bank Taps Upstart to Provide Personal Loans
Florida-Based Liberty Savings Bank Taps Upstart to Provide Personal Loans
March 21, 2024  |  Partnerships

Florida-based Liberty Savings Bank has partnered with artificial intelligence (AI) lending marketplace Upstart to provide personal loans.  The bank, which serves Florida’s Sarasota-Manatee County and has...

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Inflation Concerns Sideline Small Business Borrowing
Inflation Concerns Sideline Small Business Borrowing
March 15, 2024  |  SMBs

With the news that inflation climbed upward last month, many small- to medium-sized businesses (SMBs) may find themselves walking a tightrope with even fewer safety nets...

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Optimism in Fleet and Mobility Sector Fuels Use of Working Capital
Optimism in Fleet and Mobility Sector Fuels Use of Working Capital
March 12, 2024  |  Business

All companies in growth mode need access to capital, whether to fund short-term operational needs, mitigate unexpected expenses or execute plans for growth. One key...

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ChargeAfter Debuts Embedded Lending Hub for Banks
ChargeAfter Debuts Embedded Lending Hub for Banks
March 04, 2024  |  Loans

Point-of-sale financing firm ChargeAfter has debuted an embedded lending platform for banks. The Lending Hub, announced Monday (Mar. 4), is designed to let banks and financial institutions...

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Point-of-Care Payment Options Expand Access to Dental Care for Patients
Point-of-Care Payment Options Expand Access to Dental Care for Patients
March 04, 2024  |  Healthcare Financing

Dental services represent a $155 billion market that is projected to grow to $254 billion by 2032. Against that backdrop, it’s critical, especially in an...

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Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
February 28, 2024  |  Blockchain

Proponents of blockchain’s underlying technical capabilities are determined to shake off its cryptocurrency-centric associations. In large part by finding historical opportunity areas within the traditional...

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Technology Helps Smaller Businesses Turn Embedded Finance Into Competitive Advantage
Technology Helps Smaller Businesses Turn Embedded Finance Into Competitive Advantage
February 28, 2024  |  SMBs

Ed O’Donnell, CEO of Versatile Credit, said that embedded finance can — and already is — transforming smaller businesses’ competitive dynamics.  “Technology’s been the great...

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Allure Bridals Offers New Stock Financing Program to Merchants
Allure Bridals Offers New Stock Financing Program to Merchants
February 26, 2024  |  Retail

Bridal and formalwear brand Allure Bridals has debuted a finance program for retailers. The program is “a first-of-its-kind program within the bridal industry,” the Memphis-based company said in...

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Sixty Percent of Startups Using Cards Credit Them With Business Success
Sixty Percent of Startups Using Cards Credit Them With Business Success
February 23, 2024  |  SMBs

In contrast to typical business loans or personal sources of financing, business cards offer multiple benefits for small- to medium-sized businesses (SMBs). These benefits include...

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