PYMNTS-MonitorEdge-May-2024

small business

Visa Says 10 Billion Tokenized Payments Are Just the Beginning
Visa Says 10 Billion Tokenized Payments Are Just the Beginning
June 04, 2024  |  VISA

The modern consumer more and more demands convenience and seamlessness across their daily lives. This simple, singular fact has served as a benchmark for much...

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Bank of America CEO: Consumers, Businesses Pulling Back on Spending
Bank of America CEO: Consumers, Businesses Pulling Back on Spending
May 30, 2024  |  Economy

Brian Moynihan, CEO of Bank of America, said higher inflation and interest rates have dampened consumer and business spending this year. From hardware to software,...

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This Week in B2B Innovation: Embedded Experiences, AI and Leverage
This Week in B2B Innovation: Embedded Experiences, AI and Leverage
May 30, 2024  |  B2B Payments

Digital is a one-way street. And that street is being populated by B2B firms who aren’t looking back after embracing digital innovation to both compete...

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NatWest Extends Mastercard Business Savings to Debit Cards in UK
NatWest Extends Mastercard Business Savings to Debit Cards in UK
May 30, 2024  |  SMBs

NatWest has extended the Mastercard Business Savings program to include small business debit card customers in the United Kingdom. Previously, the program was only available...

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Brazil’s Olist Expands Banking Services for Retailer Clients
Brazil’s Olist Expands Banking Services for Retailer Clients
May 29, 2024  |  Banking

Brazilian eCommerce company Olist is expanding its banking services. Founder and CEO Tiago Dalvi told Bloomberg News on Wednesday (May 29) that the company expects...

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Amazon Small Business Initiative Heads Into 25th Year and Takes Turn as Job Creator
Amazon Small Business Initiative Heads Into 25th Year and Takes Turn as Job Creator
May 09, 2024  |  Amazon

In November 2000 the Nasdaq was at the 6,000 mark, just starting to shed the internet companies that had been overvalued and would eventually lead...

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Many Smaller SMBs Opt to Process Ad Hoc Payments Manually — and It’s Costing Them
Many Smaller SMBs Opt to Process Ad Hoc Payments Manually — and It’s Costing Them
May 06, 2024  |  Accounts Receivable

Fifty-seven percent of the total accounts receivable (AR) transactional volume flowing into the coffers of small to mid-sized businesses (SMBs) comes in the form of nonrecurring,...

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Exclusive: Markaaz Introduces Global Business Identity Platform
Exclusive: Markaaz Introduces Global Business Identity Platform
May 06, 2024  |  Monday Meetup

A new global business identity platform is on the scene, enabling banks, FinTechs and enterprises to verify and onboard businesses of all sizes, particularly smaller...

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68% of Main Street SMBs Leveraging Social Media See Increasing Revenues
68% of Main Street SMBs Leveraging Social Media See Increasing Revenues
May 01, 2024  |  SMBs

Since April 2021, most Main Street small to mid-sized businesses (SMBs) in the U.S. have been experiencing significant growth. In fact — according to PYMNTS...

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