Artificial intelligence-powered tools and commerce platforms are expanding the reach of small retailers, pulling niche, mission-driven products into the mainstream without requiring massive headcount or capital. That shift is playing out at Hugimals World, a direct-to-consumer brand built around weighted plush products designed to provide...
Experian made its commercial data information available through its Ascend platform. The move offers “in-depth, granular information on the borrowing and repayment history” of more than 8 million businesses in the United Kingdom to help lenders with their decisions, the data and tech company said...
Small- to medium-sized businesses are preparing for another year shaped by economic pressure, uneven consumer demand and tighter margins, forcing a more disciplined approach to how they operate and grow. Jonathan Aguilar, associate vice president of Partner Experience at Maverick Payments, told PYMNTS in an...
Embedded finance made its mark as a capability advantage for large retailers and digital-native platforms. By streamlining checkout, offering branded payment products and monetizing customer relationships, mid-market and enterprise retailers were able to scale their digital operations and drive a competitive moat. That narrative held...
PayPal said it is ready to venture deeper into small business lending. The company applied to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp. to create PayPal Bank, a proposed Utah-chartered industrial loan company, according to a Monday (Dec. 15) press...
Square is piloting a cash rounding functionality with sellers in the United States to help them deal with the end of the penny. The solution automatically rounds cash transactions to the nearest five cents, with one or two cents being rounded down to zero, three...
Bank of America is introducing a retirement-focused digital platform for business owners and their workers. The new platform, announced Monday (Dec. 8), is designed to provide greater access to retirement plans such as IRAs and 401(k), along with health benefit solutions and financial wellness resources....
Business credit for large enterprises operates at arm’s length, guided by formal procurement flows and rigid financial controls. Everything is mediated through procurement teams, finance departments and policies. But small and medium-sized businesses (SMBs) — the engines of Main Street — have traditionally been underserved...
Many small- to medium-sized businesses (SMBs) are looking past the trade-driven uncertainty dominating national headlines and are instead showing a level of confidence not seen in more than three years. The PYMNTS Intelligence report “Small Business Growth Monitor Q2 2025: From Headwinds to Hope on...