PYMNTS-MonitorEdge-May-2024

small businesses

Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

Source: en.wikipedia.org

Main Street SMBs Tap Online Channels to Drive Business Growth
Main Street SMBs Tap Online Channels to Drive Business Growth
February 28, 2024  |  SMBs

The COVID-19 pandemic has accelerated the shift to an eCommerce economy, with historically high sales in 2020 and 2021. As a result, most Main Street...

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TD Bank Adds Mobile-Based Payment Acceptance Option for Small Businesses
TD Bank Adds Mobile-Based Payment Acceptance Option for Small Businesses
February 22, 2024  |  Mobile Payments

TD Bank has launched “Tap to Pay on iPhone,” a new mobile-based payment acceptance option that aims to provide greater flexibility and convenience for business owners....

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eCommerce Platforms Make the Leap Into One-Stop-Shop Embedded Trade Finance 
eCommerce Platforms Make the Leap Into One-Stop-Shop Embedded Trade Finance 
February 22, 2024  |  SMBs

For the merchants doing business online, serving consumers and even buying goods and services from one another, working capital is a lifeline. Working capital provides...

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BankiFi Partners With Praetura to Expand Small Business Funding Access in UK
BankiFi Partners With Praetura to Expand Small Business Funding Access in UK
February 21, 2024  |  SMBs

FinTech BankiFi has partnered with financier Praetura to develop a lending-as-a-service solution for small to medium-sized enterprises (SMEs) in the U.K. The platform is specifically designed to help...

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42% of SMBs Would Pay a Fee to Receive Instant Ad Hoc Payments
42% of SMBs Would Pay a Fee to Receive Instant Ad Hoc Payments
February 21, 2024  |  Real-Time Payments

Small and medium-sized businesses (SMBs) heavily rely on ad hoc payments to sustain their cash flow.  According to “How Instant Ad Hoc Payments Drive SMB...

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Fiserv and Genesis Bank Provide POS Technology to Small Businesses
Fiserv and Genesis Bank Provide POS Technology to Small Businesses
February 20, 2024  |  SMBs

Genesis Bank and Fiserv have formed a new partnership aimed at supporting small businesses in low-to-moderate income (LMI) neighborhoods. The collaboration seeks to build economic empowerment and create...

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Finom Raises $54 Million to Expand Digital Business Banking Solution
Finom Raises $54 Million to Expand Digital Business Banking Solution
February 13, 2024  |  Investments

Finom has raised 50 million euros ($53.6 million) in Series B financing to expand its digital business banking solution in the European Union (EU). The...

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BAFS Commercial Platform Aims to Connect Borrowers and Lenders
BAFS Commercial Platform Aims to Connect Borrowers and Lenders
February 06, 2024  |  Loans

BAFS (Business Alliance Financial Services) has debuted a platform to connect commercial lenders with borrowers. The Louisiana company’s Borrower Portal, announced Tuesday (Feb. 6), lets borrowers input...

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Coris Raises $3.7 Million, Adds 2 New Risk Management Products
Coris Raises $3.7 Million, Adds 2 New Risk Management Products
February 01, 2024  |  SMBs

Risk management platform provider Coris has raised $3.7 million in its first funding round. The company has also introduced two new products — a fraud model and...

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