Small businesses want tools that give them more control over when money moves, how spending gets tracked and what happens when a payment goes wrong. The PYMNTS Intelligence report “Ready for Change: Why Nearly Half of SMBs Want to Ditch Cash and Checks,” a collaboration...
Israel-based software company Wix has launched a partnership with U.S. Bank-owned payment processor Elavon. The collaboration, announced Tuesday (July 7), is designed to enhance the recently launched Elavon Business Solutions (EBS) platform by combining the company’s small business payments/software capabilities with Wix’s website creation and...
Watch more: Need to Know With Capital One’s Shena Ashley For America’s small business owners, optimism and caution are no longer opposing forces. They are operating simultaneously. Even as inflation pressures persist, borrowing costs remain elevated and economic uncertainty continues to shape decision-making, a growing...
Large corporations and small businesses aren’t the same. The most obvious difference is sheer scale, but the knock-on effects of that scale have effectively erected an operational wall between what the world’s multinational enterprises do for their day-to-day growth and what a domestic Main Street...
Small business banking has entered a period of reassessment as business owners look beyond rates and fees toward financial partners that can combine modern treasury technology with informed, local decision making. For years, conventional wisdom held that sophisticated commercial banking belonged almost exclusively to large...
Digital financial services app SoFi introduced a lending program for small businesses, according to a Tuesday (June 30) press release. SoFi Small Business Loans are aimed at entrepreneurs and small business owners to help their businesses function and grow, the release said. “For many of...
Watch more: What’s Next in Payments With BILL’s Archana Prasad Growing pains aren’t just for kids; they impact small businesses too. Paying suppliers, collecting receivables, reconciling accounts and managing cash flow are critical tasks, yet they rarely represent the reason an entrepreneur starts a company....
Running a small business can take up a big chunk of its owner’s time. Even something as simple as ordering the breakroom snacks each month can add up, and as small and medium-sized businesses (SMBs) face mounting pressure to do more with less, the time...
Main Street businesses are losing momentum, but planned and recurring services are still finding room to grow. The latest PYMNTS Intelligence Main Street Health Index, “Why Main Street Is Splitting: The Data Behind Small Business Winners and Losers,” found that Main Street growth slowed to...