Small business (SMB) adoption of technology can be a process filled with growing pains and friction points, thanks to the cost and disruption associated with integrating a new technology. Those challenges have made SMBs notoriously technology-adverse, though it may be an unfair characterization, particularly considering...
U.K. alternative small business (SMB) lender iwoca announced on Monday (Feb. 18) a fundraise worth nearly $194 million. Reports in Business Leader said Augmentum Fintech led the Series D funding round, which was made up of equity and debt capital, while NIBC Bank and existing...
Payroll and accounting software company Patriot Software is addressing the friction of onboarding employees to receive wages via direct deposit. In an announcement on Monday (Feb. 18), Patriot Software said it is rolling out Patriot Direct Deposit, a way to streamline employee onboarding to direct deposit...
With faster payments functionality beginning to take off in the U.S., the outlook of how accelerated transaction times might impact B2B payments and, more specifically, the issue of late payments to suppliers, remains unclear. Get the Full Story Complete the form to unlock this article...
Small businesses combatting the practice of late invoice payments in the U.K. are proposing a new tactic in the fight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Members of Japan’s insurance and financial services sectors are teaming up in an effort to remove barriers for small businesses (SMBs) to conduct trade with the U.S. Reports in the Nikkei Asian Review on Monday (Feb. 18) said Hiroshima Bank is collaborating with Tokio Marine, Nichido...
The U.S. banking industry is in flux, largely thanks to federal policy that has made it easier (and faster) for institutions to merge. As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder...
In Australia, large supermarket chains are among the firms combatting late payments, and adhering to a supplier payment code. In the U.S., the government shutdown impact lingers as workers and contractors are still waiting to get paid.
The American Institute of CPAs (AICPA) has asked the Internal Revenue Service (IRS) to exclude some small businesses (SMBs) from being treated as tax shelters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
