SMB

View the latest news, analysis and trends in main street small business, their digital shift and key insights from main street businesses and innovators

Deep Dive: Why Manual Expense Reporting Systems Have Outlived Their Usefulness

Deep Dive: Why Manual Expense Reporting Systems Have Outlived Their Usefulness
Deep Dive: Why Manual Expense Reporting Systems Have Outlived Their Usefulness
December 30, 2019  |  Spend Management

Employee reimbursements can be frustrating for all parties involved, even as expense reporting goes digital. Approximately 38 percent of U.S. employees use their own funds...

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Law Enforcement Cracks Down On Corporate Payments Fraud
Law Enforcement Cracks Down On Corporate Payments Fraud
December 23, 2019  |  B2B Payments

Payments messaging technology provider SWIFT recently opened up its Know Your Customer (KYC) platform, the KYC Registry, directly to corporates. The initiative enables 2,000 corporate...

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The Power Of THREE: Inside Berkshire Hathaway’s New SMB InsurTech Platform
The Power Of THREE: Inside Berkshire Hathaway’s New SMB InsurTech Platform
December 23, 2019  |  SMBs

When people joke about boring professions and industries, one can bet that insurance will almost always be one of the top targets of such humor....

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How Open Banking, Faster Payments Change Banks’ Fraud Threat
How Open Banking, Faster Payments Change Banks’ Fraud Threat
December 19, 2019  |  B2B Payments

An explosion of FinTech innovation has jump-started traditional financial institutions’ (FIs) digitization efforts. M&A initiatives and partnerships, Open Banking business models and data integrations, and...

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Why Main Street SMBs Are A Greenfield For InsurTech
Why Main Street SMBs Are A Greenfield For InsurTech
December 19, 2019  |  B2B Payments

Insurance may not be the most flashy or exciting of industries, but its continued reliance on paper and inefficient underwriting processes makes the market a...

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Payroll Startup Hourly Raises $7.15M In Seed Round
Payroll Startup Hourly Raises $7.15M In Seed Round
December 18, 2019  |  B2B Payments

Hourly — a FinTech startup that helps with workers’ comp insurance, time-tracking and payroll for small businesses — has raised $7.15 million in a Seed...

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Giving Truckers Better Loans Can Lower Carbon Footprints: Here’s Why
Giving Truckers Better Loans Can Lower Carbon Footprints: Here’s Why
December 11, 2019  |  Loans

Of late, California’s emissions standards have become a source of some controversy as the state’s ability to set emission standards for cars and trucks that...

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NYC’s Payoneer Acquires optile To Bolster Payment Technology
NYC’s Payoneer Acquires optile To Bolster Payment Technology
December 11, 2019  |  Partnerships

New York City digital payment platform Payoneer is set to acquire the Germany-based open payment orchestration platform optile, Payoneer announced in a press release on...

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