working capital

Working Capital Deserts on Main Street Challenge Small Business Survival
Working Capital Deserts on Main Street Challenge Small Business Survival
October 02, 2023  |  SMBs

Access to business financing is crucial for small and medium-sized businesses (SMBs) on Main Street — firms generating less than $10 million in annual revenue...

READ MORE >
Small Business Bankruptcies Jump as Capital Grows Scarce
Small Business Bankruptcies Jump as Capital Grows Scarce
October 02, 2023  |  SMBs

Rising interest rates have reportedly helped fuel a spike in small business bankruptcies. As The Wall Street Journal  (WSJ) reported Sunday (Oct. 1), the jump...

READ MORE >
As Third Quarter Ends and Earnings Loom, FinTech Profits Come Into Focus
As Third Quarter Ends and Earnings Loom, FinTech Profits Come Into Focus
September 30, 2023  |  Fintech Investments

As of the close of trading Friday, the third quarter’s in the books. And in just a few weeks, the scoring begins in the form...

READ MORE >
Report: 40% of CFOs Cut Spending Due to Rate Hikes
Report: 40% of CFOs Cut Spending Due to Rate Hikes
September 28, 2023  |  CFO

A new survey finds a growing number of CFOs trimming spending due to higher interest rates. The survey, issued earlier this week by Duke University’s Fuqua School of...

READ MORE >
Visa Debuts Virtual Card Solution With Lloyds Bank
Visa Debuts Virtual Card Solution With Lloyds Bank
September 27, 2023  |  B2B Payments

Visa has teamed with Lloyds Bank to launch a virtual card solution for businesses. “Available now to Lloyds Bank customers, Visa Commercial Pay addresses businesses’ payments and purchasing...

READ MORE >
Wells Fargo, Centerbridge Collaborate to Provide Loans for Middle Market Firms
Wells Fargo, Centerbridge Collaborate to Provide Loans for Middle Market Firms
September 26, 2023  |  B2B Payments

Wells Fargo and Centerbridge Partners have announced a partnership to provide direct lending solutions to non-sponsor North American middle-market companies. This partnership will be facilitated through the...

READ MORE >
FlexPoint Launches Payments Automation Platform for Managed Service Providers
FlexPoint Launches Payments Automation Platform for Managed Service Providers
September 25, 2023  |  B2B Payments

Payments automation platform FlexPoint has announced its public launch to help managed service providers (MSPs) with cash flow.  Founded last year, FlexPoint’s platform helps MSPs increase visibility...

READ MORE >
UK Banking Sector Reforms Pushed Back Six Months
UK Banking Sector Reforms Pushed Back Six Months
September 25, 2023  |  Bank Regulation

England’s central bank is putting new banking reforms on hold until the summer of 2025. As the Financial Times (FT) reported Sunday (Sept. 24), the Bank of England’s (BOE)...

READ MORE >
Swipe2B Tops $2 Billion in B2B Supplier Payments in UAE
Swipe2B Tops $2 Billion in B2B Supplier Payments in UAE
September 22, 2023  |  B2B Payments

Dubai-based payment solutions provider Swipe2B has surpassed $2 billion in B2B supplier payments in the UAE. The company’s payment solution offers a range of benefits for buyers...

READ MORE >