SMBs

Small and Medium businesses are privately owned corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation.

British Business Bank Boost Government-Backed Loans to Small Businesses
British Business Bank Boost Government-Backed Loans to Small Businesses
July 08, 2024  |  SMBs

The British Business Bank, the U.K. government’s economic development bank, has launched a new program designed to support access to finance for smaller U.K. businesses. The Growth...

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Niva Raises $3.3 Million for AI-Powered Business ID Solution
Niva Raises $3.3 Million for AI-Powered Business ID Solution
July 08, 2024  |  Investments

Business identity platform Niva has launched after raising $3.3 million for its verification solution, according to a Monday (July 8) news release. Verifying the identities of small and...

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Embedded Lending Puts SMBs at Center of Financial Services Landscape
Embedded Lending Puts SMBs at Center of Financial Services Landscape
July 08, 2024  |  SMBs

The growing importance of seamless, customer-centric financial solutions has transformed today’s digital economy. And innovations like embedded lending have revolutionized the financial services ecosystem by...

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Court Ruling: PayPal Australia Unfair to Small Merchants
Court Ruling: PayPal Australia Unfair to Small Merchants
July 05, 2024  |  Legal

Australia’s federal court has ruled that a term in PayPal’s contract for local small businesses is unfair. The reason, the court ruled Friday (July 5)...

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AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
July 03, 2024  |  Artificial Intelligence

As artificial intelligence revolutionizes the banking sector, industry leaders from UBS and McKinsey highlighted the potential and challenges facing financial institutions. Concerns range from return...

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State Bank of India Launches Web-Based Invoice Financing Solution
State Bank of India Launches Web-Based Invoice Financing Solution
July 01, 2024  |  B2B Payments

The State Bank of India reportedly launched a web-based invoice financing solution for microbusinesses and small- to medium-sized businesses (SMBs). The new MSME Sahaj solution...

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ChatGPT Finds Its Soul Mate: Meet CriticGPT
ChatGPT Finds Its Soul Mate: Meet CriticGPT
June 28, 2024  |  Artificial Intelligence

In Silicon Valley, a new kind of proofreader is hard at work. It doesn’t wield a red pen or squint at comma splices. Instead, this...

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New Episode: GenAI Helps Small Business Play Big on a Global Stage
New Episode: GenAI Helps Small Business Play Big on a Global Stage
June 28, 2024  |  Artificial Intelligence

What’s the most precious resource for a small business? Arguably, there are three: capital, customers and time. Artificial intelligence is emerging as a technology that...

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Rainforest Raises $20 Million to Expand Embedded Payments Offering
Rainforest Raises $20 Million to Expand Embedded Payments Offering
June 26, 2024  |  Investments

Payments provider Rainforest has raised $20 million to expand its embedded payments offering. The Atlanta-based company said it will use funds from the Series A round, led...

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