small business

US FinTech Aliaswire sells SMB Credit Card Firm Payvus to Onboard Partners
US FinTech Aliaswire sells SMB Credit Card Firm Payvus to Onboard Partners
June 01, 2023  |  Acquisitions

Boston-based FinTech  Aliaswire has sold its Payvus small business credit card issuing and capital management business to Onboard Partners. The acquisition announced Thursday (June 1) expands Onboard’s financial...

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Small Businesses Struggle as Banks Tighten Lending
Small Businesses Struggle as Banks Tighten Lending
June 01, 2023  |  Loans

Smaller businesses have begun cutting back as banks impose tougher lending standards. As The Wall Street Journal (WSJ) notes in a Thursday (June 1) report...

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Why Lenders Should Stop Asking Small Businesses for 36 Months of Bank Statements
Why Lenders Should Stop Asking Small Businesses for 36 Months of Bank Statements
June 01, 2023  |  SMBs

Small businesses are the backbone of the economy, providing jobs and driving innovation. Hicham Oudghiri, CEO of Enigma Technologies, told Karen Webster, with a nod...

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Credit Scarce for Brick & Mortar, but Not Online Small Businesses
Credit Scarce for Brick & Mortar, but Not Online Small Businesses
May 23, 2023  |  SMBs

The old adage is that the best time to get credit … is when you don’t need credit.  That’s because when a firm’s coffers are...

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Cash-Strapped Main Street Merchants See Credit Options Shrinking
Cash-Strapped Main Street Merchants See Credit Options Shrinking
May 23, 2023  |  SMBs

Many Main Street small businesses are operating on the brink without adequate capital to survive a downturn, making access to finance a critical consideration in...

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Amazon’s New Seller Promotions Underscore Small Business Ecosystem Buildout 
Amazon’s New Seller Promotions Underscore Small Business Ecosystem Buildout 
May 22, 2023  |  Retail

Amazon’s evolution of its commerce ecosystem includes building brands for smaller businesses. The latest promotional activity is, we note, a snapshot effort tracing back to...

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Businesses Tap Into the Power of Networks As VC Funding Disappears
Businesses Tap Into the Power of Networks As VC Funding Disappears
May 19, 2023  |  SMBs

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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Fed Lending, Business Formation Data Hint at Main Street Crunch
Fed Lending, Business Formation Data Hint at Main Street Crunch
May 17, 2023  |  SMBs

Data from the Federal Reserve and the Census Bureau hint at a looming crunch on Main Street. Specifically: The businesses that power the economy are...

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UK Neobanks Try Business Rewards Accounts to Win Over Small Businesses
UK Neobanks Try Business Rewards Accounts to Win Over Small Businesses
May 17, 2023  |  Digital-First Banking

From high fees to complex applications and an impersonal service, the business current accounts offered by traditional banks still leave a lot to be desired,...

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