PYMNTS-MonitorEdge-May-2024

SMB lending

Lender Kabbage Furloughs Workers, Warns Of SMB Cash Shortfall
Lender Kabbage Furloughs Workers, Warns Of SMB Cash Shortfall
March 30, 2020  |  Coronavirus

As COVID-19 saps consumer demand across all manner of verticals, and small businesses bear the brunt of a sudden disappearance of revenues, the firms that...

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Reconciliation Troubles, Supplier Inexperience Exacerbate Late Payments
Reconciliation Troubles, Supplier Inexperience Exacerbate Late Payments
March 02, 2020  |  B2B Payments

Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small suppliers that lack...

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EU Bank License To Boost Banking Circle Expansion
EU Bank License To Boost Banking Circle Expansion
February 27, 2020  |  Banking

Banking Circle is now licensed to do banking in Luxembourg after the Commission de Surveillance du Secteur Financier (CSSF) granted the license. The company has been making...

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Open Banking Deepens Its SMB Accounting, Lending Presence
Open Banking Deepens Its SMB Accounting, Lending Presence
February 20, 2020  |  B2B Payments

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. This week’s exploration of the...

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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations
Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations
February 07, 2020  |  Walmart Amazon whole paycheck

It was a fairly quiet week on the Walmart front in the race for the consumer’s whole paycheck, with only one big piece of news...

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SMB Lender Liberis Raises £32M
SMB Lender Liberis Raises £32M
January 22, 2020  |  B2B Payments

Liberis, a London-based FinTech that lends to small- to medium-sized businesses (SMBs) for future credit and debit card sales, has raised £32 million (more than...

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Enticing Suppliers, Buyers To Embrace The Commercial Card
Enticing Suppliers, Buyers To Embrace The Commercial Card
January 22, 2020  |  B2B Payments

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions...

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Bank-FinTech Tie-Ups Continue Despite SMB Skepticism
Bank-FinTech Tie-Ups Continue Despite SMB Skepticism
January 21, 2020  |  B2B Payments

While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research...

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Banks Elevate SMB Lending With FinTech Tie-Ups
Banks Elevate SMB Lending With FinTech Tie-Ups
January 07, 2020  |  B2B Payments

Open Banking and bank-FinTech collaboration are the new norm for financial institutions around the world looking to upgrade their offerings for small businesses (SMBs). In...

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