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

Unemployment Data Shows Darkening Coronavirus Clouds For SMBs
Unemployment Data Shows Darkening Coronavirus Clouds For SMBs
April 02, 2020  |  Economy

These are the kinds of records that no one wants to see broken. And yet, as the coronavirus pandemic keeps decimating businesses, particularly smaller ones,...

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New Data: SMBs Shift COVID Cash Flow Challenges To Their Workforce
New Data: SMBs Shift COVID Cash Flow Challenges To Their Workforce
April 02, 2020  |  Coronavirus

The coronavirus pandemic is advancing, wreaking havoc on U.S. citizens and the economy. Consumers are staying at home more, buying less and saving what they...

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ADP Job Loss Data Spotlights SMB Impact — With More To Come
ADP Job Loss Data Spotlights SMB Impact — With More To Come
April 01, 2020  |  Economy

The latest jobs data show bad news … more than likely to get much, much worse. Last month, unemployment claims spiked in a single week...

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Portfolio Firms Want Cut Of Coronavirus SMB Rescue Funds
Portfolio Firms Want Cut Of Coronavirus SMB Rescue Funds
April 01, 2020  |  Coronavirus

Industry lobbyists and executives from major private equity firms are asking the federal government for a piece of the coronavirus small business stimulus funds, the...

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Today In Payments: Visa Transaction Volumes Take Coronavirus Hit; Kabbage Furloughs Workers
Today In Payments: Visa Transaction Volumes Take Coronavirus Hit; Kabbage Furloughs Workers
March 31, 2020  |  News

In today’s top payments news, Visa said transaction volumes have severely decreased due to social distancing coronavirus protocols, and small business lender Kabbage will furlough...

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When Will COVID-19 End, And Will SMBs Survive?
When Will COVID-19 End, And Will SMBs Survive?
March 30, 2020  |  Coronavirus

Two weeks into social distancing — and unfortunately it is not possible as of yet to say the end is near. As of this weekend, President...

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SMBs’ Futures Uncertain As They Wait For Help
SMBs’ Futures Uncertain As They Wait For Help
March 27, 2020  |  Coronavirus

Small businesses are looking for good results from the House of Representatives’ vote on Friday (March 27) on a $2 trillion stimulus package that would...

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UK Banks Criticized For SMB Coronavirus Loan Requirements
UK Banks Criticized For SMB Coronavirus Loan Requirements
March 26, 2020  |  B2B Payments

U.K. government officeholders and companies have chastised financial institutions for requiring personal guarantees for emergency loans that are backed by the state. The mandate puts much...

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GoFundMe, Yelp Launch Crowdfunding Campaign For SMBs
GoFundMe, Yelp Launch Crowdfunding Campaign For SMBs
March 24, 2020  |  Coronavirus

To offer a quick and easy way for independent businesses to begin fundraisers and take donations via their Yelp pages, Yelp has teamed with social...

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