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.

CitiBusiness Small Business Banking Services Closing In Singapore

CitiBusiness Small Business Banking Services Closing In Singapore
CitiBusiness Small Business Banking Services Closing In Singapore
June 16, 2021  |  B2B Payments

Small businesses banking with Citi’s CitiBusiness unit won’t have the option in Singapore by mid-August as the U.S. giant shutters that division, the company said,...

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Today In Digital-First Banking: Novo Lands $40.7 Million; FamPay Notches $38 Million
Today In Digital-First Banking: Novo Lands $40.7 Million; FamPay Notches $38 Million
June 16, 2021  |  Banking

In today’s top news in digital-first banking, Novo has notched $40.7 million in venture capital, while India’s FamPay has landed $38 million in venture capital....

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Proposed Bills Aim To Reduce Fines For NYC Main Street Businesses
Proposed Bills Aim To Reduce Fines For NYC Main Street Businesses
June 16, 2021  |  Legal & Regulation

New legislation proposed by two New York City council members aims to help mom-and-pop shops by reducing fines and relaxing code enforcement, The Wall Street...

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Mexican FinTech Credijusto Buys Bank To Serve X-Border SMBs
Mexican FinTech Credijusto Buys Bank To Serve X-Border SMBs
June 15, 2021  |  B2B Payments

Mexican financial technology firm Credijusto has purchased Banco Finterra, a bank that is geared toward financial offerings for small companies and the agriculture industry, according...

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PYMNTS Pollinate Report: Main Street Shoppers Want Local Loyalty Run By Rewards Experts
PYMNTS Pollinate Report: Main Street Shoppers Want Local Loyalty Run By Rewards Experts
June 15, 2021  |  SMBs

The timeworn phrase “think global, act local” is attributed (somewhat mistakenly) to the 1915 book “Cities in Evolution” by civic planner Sir Patrick Geddes. The...

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American Express Acquisition Kabbage Rolls Out Checking For Small Businesses
American Express Acquisition Kabbage Rolls Out Checking For Small Businesses
June 14, 2021  |  B2B Payments

Online lender Kabbage, which was acquired by American Express last year, is rolling out a checking account for small businesses, according to a press release....

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PYMNTS Data Brief: 140 Million People Want Local SMB Rewards Run By Big Loyalty
PYMNTS Data Brief: 140 Million People Want Local SMB Rewards Run By Big Loyalty
June 11, 2021  |  Loyalty & Rewards

In any crisis, a sense of community infuses human emotion and behavior. It’s exactly the effect we’re seeing, but with a twist. New data reveals...

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Today In Payments: UPS Piloting Same-Day Delivery; Former CFTC Chair Says Stablecoin Regulatory Framework Needed
Today In Payments: UPS Piloting Same-Day Delivery; Former CFTC Chair Says Stablecoin Regulatory Framework Needed
June 10, 2021  |  News

In today’s top news, UPS is testing a same-day delivery model, and a former chair of the Commodity Futures Trading Commission called for increased stablecoin...

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