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

How Spend Tools Feed Food Banks’ Need For Accountability
How Spend Tools Feed Food Banks’ Need For Accountability
November 26, 2019  |  Spend Management

Every dollar matters for a small to medium-sized business (SMB). Recent data indicated that 82 percent of SMBs shutter in their first year because of...

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The Economic Case For Remote Sales Tax Uniformity
The Economic Case For Remote Sales Tax Uniformity
November 25, 2019  |  Next-Gen Sales Tax

Small and medium-sized businesses (SMBs) struggle to meet new remote sales tax laws that vary across 43 states — a consequence of the 2018 South...

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Top News In Payments: BB&T, SunTrust Receive Approval For Merger; Wells Fargo Rolls Out RTP Integration
Top News In Payments: BB&T, SunTrust Receive Approval For Merger; Wells Fargo Rolls Out RTP...
November 20, 2019  |  News

In today’s top payments news, SunTrust and BB&T have announced that they have received the regulatory green light to finish their merger to become Truist Financial...

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NEW DATA: Two-Thirds Of SMBs Show Interest In Immediate Payments To Boost Cash Flow
NEW DATA: Two-Thirds Of SMBs Show Interest In Immediate Payments To Boost Cash Flow
November 20, 2019  |  B2B Payments

U.S. suppliers face a $3.1 trillion accounts receivable (AR) problem. That is how much their buyers collectively owe them on any given day. Waiting to...

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Mixing Tech With Humans To Fill Colombia’s SMB Finance Gap
Mixing Tech With Humans To Fill Colombia’s SMB Finance Gap
November 12, 2019  |  B2B Payments

In Latin America, Colombia is a bright spot for innovation and growth within the small business ecosystem. An Oxford Business Group report on the nation...

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HSBC’s Digital SMB Banking Platform Launches In Beta
HSBC’s Digital SMB Banking Platform Launches In Beta
November 11, 2019  |  B2B Payments

U.K. lender HSBC made progress in the launch of its digital banking platform for small businesses, Kinetic, which is now operating in beta phase, Reuters...

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In Australia, Late Payments Hit SMBs During Holiday Season
In Australia, Late Payments Hit SMBs During Holiday Season
November 11, 2019  |  B2B Payments

Late payments have hit Australian firms across several verticals — with a notable impact across the transport industry. The practice of supply chain finance is...

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Instamojo Opens Credit Book As Digital Ledger For SMBs
Instamojo Opens Credit Book As Digital Ledger For SMBs
November 11, 2019  |  B2B Payments

Small business (SMB) tech startup Instamojo announced the launch of its Instamojo Credit Book, which aims to get rid of manual ledgers by digitizing records....

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How Back-Office FinTech Boosts Spas’ Recurring Revenue Opportunity
How Back-Office FinTech Boosts Spas’ Recurring Revenue Opportunity
November 07, 2019  |  B2B Payments

Every small business (SMB) and entrepreneur wants to boost revenue, and recurring customers are a welcome source of cash inflows. However, for salons and spas,...

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