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

Top News In Payments: JPMorgan Blocks FinTechs From Passwords; Ant, Razer Join Rally For Singapore eBank Licenses
Top News In Payments: JPMorgan Blocks FinTechs From Passwords; Ant, Razer Join Rally For Singapore...
January 02, 2020  |  News

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one...

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Xero Overhauls Payments For Faster Transactions
Xero Overhauls Payments For Faster Transactions
November 13, 2019  |  B2B Payments

New Zealand’s cloud-based accounting firm Xero is overhauling payments to integrate with TransferWise, Stripe and GoCardless, Xero said in a press release Wednesday (Nov. 13)....

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Struggling SMBs Soliciting Donations Via GoFundMe
Struggling SMBs Soliciting Donations Via GoFundMe
November 10, 2019  |  SMBs

Some small businesses have turned to an interesting place when in need of a cash infusion: GoFundMe. The donation platform’s CEO recently revealed that thousands of...

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Small Business Advocates Decry Exit Of SMB Commissioner Uppal
Small Business Advocates Decry Exit Of SMB Commissioner Uppal
October 15, 2019  |  B2B Payments

U.K. Small Business Commissioner Paul Uppal will step down from the position due to a conflict of interest, according to The Times. Reports said the...

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UK Treasury On The Defensive Over Bank Referral Scheme
UK Treasury On The Defensive Over Bank Referral Scheme
September 04, 2019  |  B2B Payments

The U.K. government’s bank referral scheme, designed to connect small businesses that were rejected for a traditional bank loan to alternative lenders, has faced its...

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Cyberattacks, Fraud Cost UK SMBs Nearly $11B
Cyberattacks, Fraud Cost UK SMBs Nearly $11B
August 29, 2019  |  B2B Payments

Small businesses in the U.K. lost an estimated $10.74 billion due to cyberattacks, fraud, terrorism and other risk factors, according to new research by insurance...

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NorthOne Taps Radius Bank For SMB Mobile Banking
NorthOne Taps Radius Bank For SMB Mobile Banking
August 28, 2019  |  B2B Payments

U.S. challenger bank NorthOne has announced the launch of its mobile-first small business banking platform, the result of a collaboration with digital-first Radius Bank. In...

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Small Business Bankruptcy Bill Becomes Law
Small Business Bankruptcy Bill Becomes Law
August 28, 2019  |  B2B Payments

U.S. President Donald Trump has signed into law legislation that streamlines the bankruptcy process for small businesses and farmers. According to reports in Lexology this...

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Mastercard, Salesforce Team To Offer Tailored SMB Solutions
Mastercard, Salesforce Team To Offer Tailored SMB Solutions
August 05, 2019  |  SMBs

Software company Salesforce has joined Mastercard’s small business program, along with Intuit, to supply solutions in the small business space, according to a release. The...

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