SMBs

Small and Medium businesses are privately owned corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation.
Mastercard and Bank of Punjab Launch Corporate Cards in Pakistan
Mastercard and Bank of Punjab Launch Corporate Cards in Pakistan
February 14, 2024  |  B2B Payments

Mastercard and the Bank of Punjab (BOP) have expanded their two-decade-long partnership to cover the commercial segment in Pakistan. This expanded partnership will include solutions...

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Ripple Acquires the Digital Asset Platform Standard Custody & Trust Co.
Ripple Acquires the Digital Asset Platform Standard Custody & Trust Co.
February 13, 2024  |  Cryptocurrency

Blockchain and crypto company Ripple has agreed to acquire Standard Custody & Trust Co., a regulated platform for digital assets, the company said Tuesday (Feb....

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Finom Raises $54 Million to Expand Digital Business Banking Solution
Finom Raises $54 Million to Expand Digital Business Banking Solution
February 13, 2024  |  Investments

Finom has raised 50 million euros ($53.6 million) in Series B financing to expand its digital business banking solution in the European Union (EU). The...

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FIs Explore GenAI Potential in Small Business Lending Despite Customer Concerns
FIs Explore GenAI Potential in Small Business Lending Despite Customer Concerns
February 12, 2024  |  Artificial Intelligence

Financial institutions are embracing the integration of generative artificial intelligence into their operations, recognizing it as a vital step to remain competitive in today’s fast-evolving...

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B2B Firms Tap Affordable Credit Card Solutions to Maximize Cash Flow Efficiency
B2B Firms Tap Affordable Credit Card Solutions to Maximize Cash Flow Efficiency
February 07, 2024  |  B2B Payments

Historically, working capital options for small and medium-sized businesses (SMBs) have been somewhat limited, and the current interest rate environment has only exacerbated this limitation....

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Finally Raises $10 Million to Expand Small Business Automation Solutions
Finally Raises $10 Million to Expand Small Business Automation Solutions
February 06, 2024  |  Investments

FinTech startup Finally has raised $10 million in new funding to fuel its growth and expand its suite of solutions for small- to medium-sized businesses...

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BAFS Commercial Platform Aims to Connect Borrowers and Lenders
BAFS Commercial Platform Aims to Connect Borrowers and Lenders
February 06, 2024  |  Loans

BAFS (Business Alliance Financial Services) has debuted a platform to connect commercial lenders with borrowers. The Louisiana company’s Borrower Portal, announced Tuesday (Feb. 6), lets borrowers input...

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Closing the Books on the Global Challenge of X-Border Accounting
Closing the Books on the Global Challenge of X-Border Accounting
February 06, 2024  |  Cross Border Commerce

One of the biggest challenges to account for in cross-border payments is, well, the accounting. It’s a silent but often deadly snarl that can tangle...

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Fiserv’s Clover Logs 30% Revenue Growth, Zelle Transactions Surge 44%
Fiserv’s Clover Logs 30% Revenue Growth, Zelle Transactions Surge 44%
February 06, 2024  |  Earnings

Fiserv’s most recent results show momentum as smaller businesses and financial institutions (FIs) alike invest in upgrading their digital and mobile capabilities and payments acceptance....

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