Watch more: Need to Know With Mastercard’s Mark Barnett The most digital generation in history is running a surprising share of its businesses the old-fashioned way: with cash in hand. “The fact that 52% of the payments that Gen Z SMBs make are in cash...
Mastercard has introduced an agentic AI offering designed to help small businesses. The company’s Virtual C-Suite, announced Tuesday (March 10), is a collection of artificial intelligence (AI) agents that serve as a “digital executive” to help with things like finance, security and marketing. “Small businesses are the cornerstones...
Cash retains a stubborn presence in small- and mid-sized businesses, but business credit cards are beginning to erode that dominance by addressing the operational pressures that keep firms tied to currency and paper. The findings come from “Ready for Change: Why Nearly Half of SMBs...
People tend to gravitate toward what’s easy and familiar. Businesses typically do the same. This reality creates an uncomfortable truth for small- to medium-sized business (SMB): if it’s even slightly inconvenient to pay them, they might get paid last. In a business environment shaped by...
Small businesses are treating credit cards less like a backup and more like a flexible operating tool, and the way they use them is starting to look surprisingly consumer-like. That is the throughline of “SMB Growth Monitor: How Firms Use and Choose Credit Cards” a PYMNTS...
Watch more: What’s Next In Payments With Mastercard’s Mark Barnett Strategic narratives in payments can come with some loaded words. Artificial intelligence, institutional blockchain and real-time rails are routinely positioned as the decisive forces shaping the next cycle. Mark Barnett, global head of small and...
Small to mid-sized businesses (SMBs) are approaching a practical turning point in how they pay. Cash and checks still play an outsized role in day-to-day operations, especially for supplier and vendor payments, but the direction of travel is clear. Many SMBs want simpler, more modern...
Small businesses are not just borrowing to survive. They are using credit cards as operating systems, and they are willing to pay for features that make day-to-day cash flow easier to manage. “SMB Growth Monitor: Small Businesses, Big Credit Needs,” a PYMNTS Intelligence collaboration with i2c,...
Blockchain and decentralized finance company Wellspring has introduced a treasury management solution for small and medium-sized businesses (SMBs). Wellspring Institutional is designed to offer finance teams centralized cash visibility, integrated domestic and cross-border payments, as well as “the ability to generate yield on treasury balances...