PYMNTS News

37 Angels’ Lee: Angel Investing Has Evolved From Side Gig to Asset Class of Its Own
37 Angels’ Lee: Angel Investing Has Evolved From Side Gig to Asset Class of Its...
August 01, 2023  |  Investments

Picture an entrepreneur pitching their business to a panel of investors to convince them that their idea is worth funding. That’s the concept of the...

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Working Capital Gets Rebrand as CFOs Harness Solutions to Fast-Forward Growth
Working Capital Gets Rebrand as CFOs Harness Solutions to Fast-Forward Growth
August 01, 2023  |  Loans

The rules of the road are changing. The fleet and mobility sector finds itself at the forefront of the winds of this transformation. The rise...

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Uber Platform Cross-Selling Drives Up Q2 Expectations
Uber Platform Cross-Selling Drives Up Q2 Expectations
July 31, 2023  |  Earnings

Uber is set to report its second-quarter 2023 earnings on Tuesday (Aug. 1). Investors are eager to see how the rideshare and delivery aggregator giant is...

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SBA to Debut Changes to Boost Small Business Access to Credit
SBA to Debut Changes to Boost Small Business Access to Credit
July 31, 2023  |  SMBs

Sweeping changes to the federal program for small business lending will begin taking effect Tuesday (Aug. 1). Among the upcoming changes are simplified loan requirements,...

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Proportion of US Banks Tightening Loan Terms Rises to 50.8%
Proportion of US Banks Tightening Loan Terms Rises to 50.8%
July 31, 2023  |  Loans

Banks are continuing to tighten their terms on commercial and industrial loans. The proportion of U.S. banks tightening their terms on such loans for medium...

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Weave Adds Mobile Tap to Pay to Healthcare Platform
Weave Adds Mobile Tap to Pay to Healthcare Platform
July 31, 2023  |  Mobile Payments

Weave has added Mobile Tap to Pay to its customer experience platform for small- to medium-sized businesses (SMBs) in healthcare. The new feature expands the company’s payment...

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Janover Adds Email to AI-Based Agent on Financing Marketplace
Janover Adds Email to AI-Based Agent on Financing Marketplace
July 31, 2023  |  Real Estate

Janover has added email capabilities to the artificial intelligence (AI) agent on its business-to-business (B2B) marketplace connecting commercial real estate borrowers and lenders. Along with...

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Data Shows 52% of Gen Z Borrow Money to Make Ends Meet
Data Shows 52% of Gen Z Borrow Money to Make Ends Meet
July 31, 2023  |  Connected Economy

As is often the case, but especially during troubled economic times, a fair amount of borrowing to meet expenses goes on.  In New Reality Check: The...

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Fed’s Senior Loan Officer Survey Signals Pressure as Small Businesses Seek Credit
Fed’s Senior Loan Officer Survey Signals Pressure as Small Businesses Seek Credit
July 31, 2023  |  Banking

The traditional avenues of lending are narrowing, signaling tougher times ahead for smaller businesses seeking access to credit. As detailed Monday (July 31) in the...

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