Card issuing platform Marqeta has launched a partnership with U.K.-based, entrepreneur-focused digital bank OakNorth. The collaboration will see Marqeta offer a commercial card for OakNorth’s business banking clients, with the Marqeta platform giving these customers a better view of the finances, the companies said in a news release Wednesday (April...
Small businesses don’t want embracing modern technology to be a big, technical lift. After all, these Main Street-style companies are increasingly busy building out their growth plans and managing a laundry list of unpredictable daily realities. They don’t have the time to devote their finite...
Loan origination platform Decipher Credit has teamed up with small business financial data provider Validis. The partnership will allow commercial lenders to extract financial and accounts receivable data in real-time, letting small- to medium-sized businesses (SMBs) go from “application to automated spreading” in seconds, the companies said...
As small and medium-sized businesses (SMBs) on Main Street, USA increasingly make their offerings available online, many are looking to digital channels to expand to new areas, PYMNTS Intelligence findings reveal. By the Numbers The PYMNTS Intelligence study “Main Street Health Survey Q4 2023: eCommerce...
Nav has added a new “credit health experience” to its financial health platform for small businesses. The new Nav Credit Health helps small business owners understand their business and personal credit, learn how to improve them, and see how they can use both their current and...
Inflation is top of mind for the small businesses that power Main Street and the U.S. economy at large. Small business optimism hit its lowest level in more than a decade, according to a survey from the National Federation of Independent Businesses. “The small business sector is showing...
From time to time, most small and medium-sized businesses (SMBs) find themselves having to borrow money to meet short-term needs or unexpected expenses. But as PYMNTS Intelligence recently reported, many SMBs — especially those earning modest revenues — avoid borrowing whenever possible. One of the...
The Maryland Online Data Privacy Act of 2024, a proposed bill set to impact data collection and online privacy, successfully passed both the Senate and House of Delegates and now awaits approval by Gov. Wes Moore. The legislation, set to take effect by October 2025, marks a...
Small and medium-sized businesses (SMBs) and their owners are the backbone of local economies worldwide. And they haven’t had it easy, not recently. That’s because they have to big needs: streamlined access to capital to expand their businesses and keep the lights on, and the...
