Small businesses run on big decisions—but when it comes to credit card usage, many are blending business and personal finance in ways that reveal shortcomings in today’s financial products. That’s one of the key discoveries in “SMB Growth Monitor: How Firms Use and Choose Credit...
For millions of smaller businesses across America, the ubiquitous credit card has become less of a standard payment tool and more of a financial lifeline. Staring daily at fluctuating revenue, tight cash flow and a banking system that can treat them as second-tier borrowers, small...
Point-of-sale system Clover launched a new integration with small business management platform Homebase. The integration embeds Homebase’s scheduling, time tracking and employee management capabilities into the Clover Web Dashboard, giving merchants a single platform to manage daily operations, according to a Monday (July 14) press...
The quest for profitable small business lending is often thwarted not by a lack of demand, but by a shortage of reliable data. The PYMNTS Intelligence report “Keeping Score: Why Data Quality Determines Lending Decisions for the Smallest Firms” revealed a challenge for financial institutions....
It’s summertime, and that means sun, friends, backyards and cold beverages. It also means summer sales and yard games aimed squarely at those backyard and park hangouts. Today’s eCommerce landscape is dominated by mass production and algorithmic marketing, but Matt Butler and Kelvin Sealy, co-founders...
Mastercard is expanding its small business platform with a new offer from Fiserv’s Clover. As part of this partnership, the company is offering the first 1,000 small- to medium-sized businesses (SMBs) who apply and qualify one of Clover’s point-of-sale/business management devices for one penny a...
While many small- to medium-sized businesses (SMBs) nationwide are charting a course toward long-term growth, a new financial analysis reveals a geographic divide in their optimism. The PYMNTS Intelligence report “The Urban-Rural Economic Divide: How Location Affects SMBs’ Outlook” uncovered a nuanced landscape for SMBs...
In an era of acute business uncertainty, America’s small- to medium-sized businesses (SMBs) are deploying a complex mix of financial strategies to stay afloat, revealing both their resilience and vulnerability, according to new research. A recent data book from PYMNTS Intelligence, titled “How Small Businesses...
Artificial intelligence is reportedly one of the factors driving small- to medium-sized businesses (SMBs) to reduce their number of middle managers. SMBs have joined enterprises like Amazon and Meta in reducing their number of middle managers, Bloomberg reported Monday (June 30). Among SMBs, the average...