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.

Small Business Banking Targeted In Open Banking Initiatives

Small Business Banking Targeted In Open Banking Initiatives
Small Business Banking Targeted In Open Banking Initiatives
August 12, 2020  |  B2B Payments

Small businesses have landed at the center of B2B FinTechs’ and financial service providers’ latest collaborative efforts. In this week’s roundup of open banking initiatives...

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COVID-19 Has Devastated SMBs, But It Might Make Their Insurance Policies Better
COVID-19 Has Devastated SMBs, But It Might Make Their Insurance Policies Better
August 12, 2020  |  B2B Payments

For decades, the insurance industry is quite literally a lifeline for those affected by unfortunate events. As service providers in the business of disasters and...

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JPMC CEO: PPP Saved Roughly 35M Jobs
JPMC CEO: PPP Saved Roughly 35M Jobs
August 11, 2020  |  SMBs

J.P. Morgan Chase CEO Jamie Dimon estimated the federal Paycheck Protection Program (PPP) has saved as many as 35 million jobs by delivering the Small...

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Banks Brace For Wave Of Corporate Credit Calamities
Banks Brace For Wave Of Corporate Credit Calamities
August 11, 2020  |  Loans

Before the deluge – of possible bankruptcies, that is – come the provisions. Get the Full Story Complete the form to unlock this article and...

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American Express Reportedly Close To Buying SMB Lender Kabbage For Up To $850M
American Express Reportedly Close To Buying SMB Lender Kabbage For Up To $850M
August 11, 2020  |  Partnerships

American Express Co. (Amex) could be the new owner of Kabbage Inc., one of the largest online business lenders. Get the Full Story Complete the form...

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Deep Dive: Offering Fast And Secure Localized Payments To Cross-Border Shoppers
Deep Dive: Offering Fast And Secure Localized Payments To Cross-Border Shoppers
August 11, 2020  |  Payments Innovation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Agora Services Debuts New Tools For SMB Banking
Agora Services Debuts New Tools For SMB Banking
August 10, 2020  |  B2B Payments

Challenger bank Agora Services wants to address challenges with banking for small businesses with a new solution called Agora SMB, which will help them compete...

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Lightspeed, Stripe To Offer SMB Loans
Lightspeed, Stripe To Offer SMB Loans
August 06, 2020  |  Alternative Credit

Lightspeed and Stripe have teamed up to launch Lightspeed Capital, which will, initially offer loans aimed at small and medium-size businesses (SMBs) in the U.S.,...

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