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.
HSBC Launches Document-Free Trade Finance Tool TradePay
HSBC Launches Document-Free Trade Finance Tool TradePay
September 19, 2023  |  Accounts Receivable

Banking giant HSBC debuted a trade finance offer to help clients pay suppliers. The tool, dubbed TradePay, is an industry-first, document-free trade finance solution that...

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Bank of America Debuts Tool to Digitize Trade Finance
Bank of America Debuts Tool to Digitize Trade Finance
September 18, 2023  |  Accounts Receivable

Bank of America has unveiled a platform to help business clients digitize trade finance. The company’s CashPro Supply Chain Solutions tool is designed to offer supply chain...

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Swift and Wise Team to Offer FIs More Cross-Border Options
Swift and Wise Team to Offer FIs More Cross-Border Options
September 18, 2023  |  Partnerships

Money transfer firm Wise and global messaging platform Swift have launched a cross-border payment partnership. The collaboration, announced Monday (Sept. 18), is designed to provide financial institutions and their customers with...

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How to PayFac: What Software Platforms Need to Know
How to PayFac: What Software Platforms Need to Know
September 18, 2023  |  Digital Payments

The merchant acquiring model has undergone many changes since the introduction of the first general-purpose credit card in 1958. Back then, acquiring banks were responsible...

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Amazon Launches Buy With Prime Merchant Tools Aimed at Increasing Conversions
Amazon Launches Buy With Prime Merchant Tools Aimed at Increasing Conversions
September 14, 2023  |  Amazon

Amazon has unveiled a pair of tools to help merchants using its Buy with Prime program. Introduced in April 2022, the program lets merchants sell...

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BigTime Software and BlueSnap Partner on Payment Solutions in Canada
BigTime Software and BlueSnap Partner on Payment Solutions in Canada
September 14, 2023  |  B2B Payments

BigTime Software, an operating platform for professional services organizations, has partnered with BlueSnap, a global payment orchestration platform, to bring online payment and financial management capabilities...

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Spiking Fuel Prices Pitch Wallets of Consumers and Businesses
Spiking Fuel Prices Pitch Wallets of Consumers and Businesses
September 14, 2023  |  Economy

It’s a season of pain at the pump, no matter what type of fuel you’re pumping. As The Wall Street Journal (WSJ) noted in a report Thursday...

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What 873 CFOs Can Teach Banks About Working Capital Efficiencies    
What 873 CFOs Can Teach Banks About Working Capital Efficiencies    
September 14, 2023  |  Business

“You can’t always get what you want” are both lyrics made famous by Mick Jagger in the 1968 rock classic by the same name and...

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SimpleClosure CEO Says Automating Shutdowns Breaks the Taboo Around Startup Failures
SimpleClosure CEO Says Automating Shutdowns Breaks the Taboo Around Startup Failures
September 14, 2023  |  Startups

It’s a challenging economy for consumers — and startups don’t have it any better. Nine out of every 10 startups that raise money end up failing over a 10-year period. Observers...

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