SMBs

SMBs
Personalized Loans Helps Small Businesses Break Their Funding Slump, Says Enigma COO
July 07, 2023

The secret of getting ahead is getting started. After all, an object — or a business — in motion tends to stay in motion. But for the small and medium-sized businesses (SMBs) that power the U.S. economy, just getting started is becoming harder than ever...

SMBs
How Real-Time Payments Can Right-Size Small Business Cash Flow
June 28, 2023

Small and medium-sized businesses (SMBs) haven’t been able to catch a break in recent years. But tough times make tough companies. Still, after emerging straight from the pandemic years into a record inflationary environment juxtaposed against rising interest rates and ongoing macro and geopolitical hostility,...

SMBs
Nearly Half of Main Street SMBs Shopping for More Credit
June 27, 2023

Main Street small to mid-sized businesses (SMBs) that have struggled to keep their doors open amid pandemic-related upheaval and survived are looking to solidify their finances amidst an inflationary market environment. PYMNTS finds that 40% of SMBs remain more worried about inflation than one year...

SMBs
Mixed PMI Data Signals Recession May Still Hit Main Street Small Businesses
June 23, 2023

For Main Street’s small businesses, the jury’s still out as to whether — or when — a recession will hit. A spate of recent economic reports underscores a slowdown, while costs are increasing for the firms that power the U.S. economy. S&P Global said in a...

SMBs
SAP Fioneer Launches Banking Solution for Small Businesses
June 22, 2023

SAP Fioneer has launched a banking solution for small and medium-sized businesses (SMBs). The new Fioneer SME Banking Edition enables banks and neobanks to offer digital-first banking capabilities that are tailored to the needs of SMBs, SAP Fioneer said in a Thursday (June 22) press...

SMBs
Novo Adds Debit Card to Financial Platform for Small Businesses
June 22, 2023

Novo has added a debit card to its financial platform for small businesses. The new Novo Debit Card features transaction monitoring, fraud alerts and in-app controls designed to help small business owners keep track of their transaction activity, the company said in a Thursday (June 22) press release....

SMBs
Cross River and Fintainium Partner on Small Business Payment Services
June 21, 2023

Cross River Bank and Fintainium have partnered to deliver payment services to small businesses. The collaboration will allow Fintainium to offer its business customers access to automated clearing house (ACH), push-to-card and check processing with positive pay fraud prevention enabled by Cross River Bank, the companies said in a Wednesday...

SMBs
Froda Launches Embedded Lending Solution for Small Businesses in Denmark
June 20, 2023

Swedish FinTech Froda has launched a card-based embedded lending solution in Denmark. Developed in partnership with digital challenger bank Lunar and Visa, this offering was successfully tested in Denmark during the spring and became available to all Lunar customers in the country Tuesday (June 20), Froda said in a Tuesday press release....

SMBs
Lingering Office Closures Hit Hard for Times Square Small Businesses
June 02, 2023

Small businesses in Times Square are reportedly struggling in the post-pandemic environment. While crowds have returned to the New York City neighborhood, they are smaller than they were before the pandemic, and they include a notable reduction in the numbers of office workers and tourists, The Wall...