Smb/page/4 news and trends

Docyt Adds ‘AI Bookkeeper’ to Small Business Financial Management Platform

July 16, 2024
Corporations Follow Small Businesses in Returning to Travel
Travel Payments // June 04, 2024

Large corporations are reportedly catching up with small and medium-sized businesses (SMBs) in returning to business travel. While SMBs led the post-pandemic rebound in business travel, corporations are increasingly booking travel as well, Reuters reported Tuesday (June 4). Hotel CEOs attending the NYU International Hospitality...

Visa Says 10 Billion Tokenized Payments Are Just the Beginning
VISA // June 04, 2024

The modern consumer more and more demands convenience and seamlessness across their daily lives. This simple, singular fact has served as a benchmark for much of the innovation defining the payments and commerce landscape of the past few decades. And with the news Tuesday (June...

Small Businesses Confront Card Fraud Vulnerabilities
Fraud Prevention // May 29, 2024

Large enterprises continue to fight all kinds of fraud, from insider threats to payments fraud to social engineering. But small businesses are often overlooked as they fight the same battles. Visa Senior Vice President and Global Head of Risk and Identity Solutions James Mirfin and...

Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending
Earnings // April 23, 2024

Online lender Enova International reported growing lending volume and solid credit performance for the first quarter. During the quarter ended March 31, Enova’s combined loans and finance receivables increased 23% year over year, reaching a record $3.5 billion. Total company originations for the quarter totaled $1.4 billion,...

Interviews & Exclusives
Small Businesses Confront Card Fraud Vulnerabilities

May 29, 2024
Large enterprises continue to fight all kinds of fraud, from insider threats to payments fraud to social engineering. But small businesses are often overlooked as they fight the same battles. Visa Senior Vice President and Global Head of Risk and Identity Solutions James Mirfin and Jotform Head of Information Security Johannes Wiklund told Karen Webster […]

Main Street Merchants Find Their 2024 Footing Online

December 29, 2023
2023 hasn’t been an easy environment for small and midsized businesses (SMBs). Business bankruptcy rates jumped 30% between September 2022 and September 2023, as macro factors like record-high interest rates and the...

Google Aims New Shopping Tools at Boosting Small Business Sales

November 01, 2023
People want to make conscious choices and contribute to the success of local and independent enterprises. This inclination to “shop small” is driven by various factors, including a desire to...

1 in 6 Main Street SMB Retailers Are Considering Switching Payment Processors

October 17, 2023
The competition in the payment processor market is fierce because of the success of incumbent leaders, as the majority of Main Street small to midsized business (SMB) retailers are satisfied...

Quick Reads
Docyt Adds ‘AI Bookkeeper’ to Small Business Financial Management Platform

July 16, 2024
Docyt has added an “AI bookkeeper” called GARY to its digital back-office solutions for small and medium-sized businesses (SMBs). GARY is built on the Docyt AI software-as-a-service (SaaS) financial management platform that integrates expense management, revenue accounting, industry vertical reporting and financial reporting of key performance indicators (KPIs), the company said in a Tuesday (July […]

Corporations Follow Small Businesses in Returning to Travel

June 04, 2024
Large corporations are reportedly catching up with small and medium-sized businesses (SMBs) in returning to business travel. While SMBs led the post-pandemic rebound in business travel, corporations are increasingly booking...

Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending

April 23, 2024
Online lender Enova International reported growing lending volume and solid credit performance for the first quarter. During the quarter ended March 31, Enova’s combined loans and finance receivables increased 23% year over...

UK Committee Says Banks Closed 2.7% of Small Business Accounts

February 28, 2024
More than 140,000 business accounts in the United Kingdom were closed by major banks in the last year, according to the U.K. Parliament’s Treasury Committee. That figure amounts to 2.7% of...