PYMNTS-MonitorEdge-May-2024

SMB

View the latest news, analysis and trends in main street small business, their digital shift and key insights from main street businesses and innovators

Google Adds Digital Offerings To Boost India’s SMBs
Google Adds Digital Offerings To Boost India’s SMBs
June 25, 2020  |  Google

Google is ramping up its small business offerings in India with newly bundled digital services and a system to let financial institutions offer business loans...

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The Negative Trickle Down Effect of COVID’s (Wealthy) Consumer Spending Pause
The Negative Trickle Down Effect of COVID’s (Wealthy) Consumer Spending Pause
June 22, 2020  |  Economy

Call it the trickle down theory – in reverse. To be clear: We’re not talking about the economic theory that posits that incenting business and relatively wealthier...

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Today In Payments: Proposal Would Allow SMBs To Get Another PPP Loan; Alibaba, JD.com Net $136B In Annual Shopping Event
Today In Payments: Proposal Would Allow SMBs To Get Another PPP Loan; Alibaba, JD.com Net...
June 19, 2020  |  News

In today’s top news, Congress is considering passing another round of PPP loans for certain small and medium-sized businesses (SMBs), and Alibaba and JD.com recorded...

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Amazon, Goldman Sachs Launch SMB Credit Line
Amazon, Goldman Sachs Launch SMB Credit Line
June 10, 2020  |  Amazon

In what is seen as the latest marriage between tech and Wall Street, Amazon has partnered with Goldman Sachs to launch a digital credit line...

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Today In Payments: Senate Passes Bill To Extend PPP; Amex CFO Sounds Alarm Over Post-Lockdown Furloughs
Today In Payments: Senate Passes Bill To Extend PPP; Amex CFO Sounds Alarm Over Post-Lockdown...
June 04, 2020  |  News

In today’s top news, the Senate passes an amendment to the Paycheck Protection Program, Amex CFO voices concern as large companies’ pledges to freeze job...

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SMBs May Be On the Hook for Losses Amid Social Unrest
SMBs May Be On the Hook for Losses Amid Social Unrest
June 03, 2020  |  SMBs

Amid the social unrest dominating the country at the moment, will small- to mid-sized businesses (SMBs) face crippling losses tied to looting? Landlords mandate that...

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Alibaba Launches Credit For SMBs Buyers On Its Platform
Alibaba Launches Credit For SMBs Buyers On Its Platform
June 02, 2020  |  B2B Payments

Alibaba.com is rolling out a new program that aims to make it easier for small- and medium-sized businesses (SMBs) to enter the world of global...

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Today In Payments: China’s Rebounding Economy Is Likely Not Norm; At Least $20B Of PPP Loans Have Been Canceled
Today In Payments: China’s Rebounding Economy Is Likely Not Norm; At Least $20B Of PPP...
June 01, 2020  |  News

In today’s top news, China’s economy looks to be rebounding, and a minimum of $20 billion in PPP loans has been returned. Plus, lawmakers ask...

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Related Co Chair: Many SMB Retail, Restaurants ‘Don’t Have The Wherewithal To Reopen’
Related Co Chair: Many SMB Retail, Restaurants ‘Don’t Have The Wherewithal To Reopen’
May 27, 2020  |  Retail

Stephen Ross, chairman of Related Cos., said bankruptcy could be the future for many retailers as the effects of the pandemic continue to play out....

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