Despite the moniker attached to their segment, small businesses loom large in the American economy. And with the U.S. Small Business Administration (SBA) celebrating National Small Business Week starting Sunday (April 28), the staying power of entrepreneurship in the U.S. is top of mind for both...
As consumers have grown to expect seamless digital convenience, many are finding that smaller merchants fall short of their expectations, PYMNTS Intelligence reveals. By the Numbers The “2024 Global Digital Shopping Index: SMB Edition,” a PYMNTS Intelligence study commissioned by Visa Acceptance Solutions, drew from a survey of...
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...
