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.

AI Moves From Boardroom Hype to Main Street Reality
AI Moves From Boardroom Hype to Main Street Reality
October 22, 2024  |  Artificial Intelligence

Businesses across the United States are moving beyond the artificial intelligence hype and starting to use it for practical tasks like inventory tracking and customer...

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Small Businesses Face Higher Rents as Retail Space Availability Drops
Small Businesses Face Higher Rents as Retail Space Availability Drops
October 22, 2024  |  Real Estate

Retail space availability is reportedly near record lows, giving national chains an advantage over small businesses in securing space as rents rise. Nearly 60% of small...

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No Cash, No Problem: Mobile Payments Surge as Businesses Ditch Hardware
No Cash, No Problem: Mobile Payments Surge as Businesses Ditch Hardware
October 21, 2024  |  Mobile Wallets

Gone are the days of customers fumbling in their back pockets for cash or cards. “Innovations like tap on mobile and mobile wallets go a...

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This Week in B2B: Payments Get Interesting When Finance Teams Get Smarter
This Week in B2B: Payments Get Interesting When Finance Teams Get Smarter
October 17, 2024  |  B2B Payments

For decades, B2B payments were an unglamorous yet essential component of corporate finance. Now, B2B payments have started to become a little more glamorous as...

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Visa and littlefish Team to Help Africa’s MSMEs Go Digital
Visa and littlefish Team to Help Africa’s MSMEs Go Digital
October 17, 2024  |  Digital Payments

Visa is teaming with littlefish, an omnichannel platform that helps financial institutions serve small businesses. The  partnership will support micro, small and medium-sized businesses (MSMEs)...

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HoneyBook Launches Expanded Suite of Financial Tools for Independent Businesses
HoneyBook Launches Expanded Suite of Financial Tools for Independent Businesses
October 16, 2024  |  SMBs

HoneyBook launched an expanded suite of financial tools that can be integrated into its client relationship management (CRM) platform for independent businesses. The new HoneyBook...

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Monzo Business Customer Base Exceeds 500K
Monzo Business Customer Base Exceeds 500K
October 16, 2024  |  Digital Banking

British neo-bank Monzo says it now has more than 500,000 business customers. And with that milestone, the company announced Wednesday (Oct. 16) a new plan...

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Why So Many Mid-Sized Banks Fail the Digital Lending Readiness Test
Why So Many Mid-Sized Banks Fail the Digital Lending Readiness Test
October 16, 2024  |  Digital-First Banking

Mid-sized financial institutions (FIs) — including community banks, regional banks, and credit unions — face growing challenges in automating their lending processes. This is particularly...

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Why Financial Visibility Is the New Currency for SMBs
Why Financial Visibility Is the New Currency for SMBs
October 15, 2024  |  SMBs

For businesses, cash is king. But a new threat, that of operational uncertainty and back-office opacity, is prowling around the kingdom’s perimeter. “Small businesses, fundamentally,...

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