Payments messaging company SWIFT is gearing up to close its Trade Services Utility (TSU), a workflow engine aimed at facilitating value-added supply chain services. Reports in Global Trade Review (GTR) on Monday (April 8) said SWIFT will switch off its TSU in December 2020. Get the...
The All-Party Parliamentary Group (APPG) on Fair Business Banking is calling for a new investigation into Lloyds and how much its executives knew about the ongoing mistreatment of small business customers by its HBOS unit. Get the Full Story Complete the form to unlock this...
U.S. President Donald Trump announced over the weekend that U.S. Treasurer Jovita Carranza is his pick to lead the Small Business Administration (SBA), after its current chief, Linda McMahon, announced on Friday (March 29) that she will leave the post. Get the Full Story Complete...
President Donald Trump has announced that he will nominate U.S. Treasurer Jovita Carranza to be the next chief of the Small Business Administration (SBA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Hundreds of thousands of new small businesses (SMBs) open their doors every year in the U.S., be them physical or digital. The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth...
Revolution Payments announced its Level 3 Processing solution that can help businesses reduce the interchange cost of accepting commercial or government credit cards by 1 percent to 1.5 percent. Founded 24 years ago, Revolution is focused on delivering reliable and secure payment solutions for clients, including Ramada, Holiday...
Public contractors get a warning in the United Kingdom that late payments to suppliers and subcontractors could get them banned from public works once new rules debut in the Fall. Xero finds a number of smaller firms are cash flow negative in the past year...
Recent data has warned that small business (SMB) optimism is beginning to drop after months of record highs. It wasn’t altogether unexpected, though: After all, what goes up must come down. Yet, amid talk of declining optimism and an impending recession in the U.S., the...
Small business lending platform OnDeck is accelerating access to capital for its users through the launch of a same-day funding option. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
