Small and medium-sized businesses (SMBs) are increasingly adopting digital solutions to help them improve their cash flow, Intuit executives said Thursday (Aug. 22). The company, which owns TurboTax, Credit Karma, QuickBooks and Mailchimp, saw the revenue growth in its SMB unit outpace that of its...
In the global view, small businesses aren’t so small. They represent 90% of all businesses and more than 50% of employment globally. And in emerging markets, they are contributing 40% of GDP. Those stats from the World Bank underscore the need for these smaller companies...
Citi and International Finance Corp. (IFC), a global development institution that is a member of the World Bank Group, have partnered on a $2 billion sustainable supply chain finance program focused on emerging markets. The first project under the umbrella of this agreement is a...
The business-to-business (B2B) payments sector is undergoing a transformation as traditional manual processes strain business relationships. Lengthy payment cycles, inefficient communication, and error-prone methods are particularly challenging for small and medium-sized businesses (SMBs) that rely on timely payments. The demand for efficiency and trust necessitates...
August 06, 2024
The business-to-business (B2B) payments sector is undergoing a transformation as traditional manual processes strain business relationships. Lengthy payment cycles, inefficient communication, and error-prone methods are particularly challenging for small and medium-sized businesses (SMBs) that rely on timely payments. The demand for efficiency and trust necessitates adopting automated and digital solutions. In response, businesses are adopting […]
July 31, 2024
The future of payments and commerce gets closer every day. So close, in fact, that they are becoming intertwined — and embedded. In an era where technology integrates with daily...
June 12, 2024
PYMNTS Intelligence’s recently-released “New Report: SMBs Race to Critical Mass on AI Usage found there is a sharp divide in how small and medium-sized businesses (SMBs) tackle growth strategies. SMBs...
June 11, 2024
The most valuable solution is the one that is there when you need it. And for America’s millions of small and medium-sized businesses (SMBs), they mostly share one common problem:...
August 22, 2024
Small and medium-sized businesses (SMBs) are adopting financial operations platforms to improve their visibility and control of cash flow as they deal with an uncertain economic environment, BILL CEO René Lacerte said Thursday (Aug. 22). Speaking during the company’s quarterly earnings call, Lacerte said BILL, a financial operations platform for SMBs, is growing its own […]
August 22, 2024
Small and medium-sized businesses (SMBs) are increasingly adopting digital solutions to help them improve their cash flow, Intuit executives said Thursday (Aug. 22). The company, which owns TurboTax, Credit Karma,...
August 06, 2024
Citi and International Finance Corp. (IFC), a global development institution that is a member of the World Bank Group, have partnered on a $2 billion sustainable supply chain finance program...
July 18, 2024
London-based FinTech wamo has raised $5 million to develop small to medium-sized business (SMB)-focused banking solutions. In addition to the growth investment, CEO and founder Yanki Onen said on the company blog Thursday (July 18), wamo...