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.

Banks Reject Small Business Credit Applications Five Times More Than Enterprise Clients, New Study Finds

Banks Reject Small Business Credit Applications Five Times More Than Enterprise Clients, New Study Finds
Banks Reject Small Business Credit Applications Five Times More Than Enterprise Clients, New Study Finds
June 26, 2025  |  SMBs

Half of financial institutions reject micro-business loan applications due to unverifiable legitimacy. Among those with access to third-party data, confidence in credit decisions — and...

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Mastercard Targets ‘Friendly’ Fraud With Expanded Program
Mastercard Targets ‘Friendly’ Fraud With Expanded Program
June 25, 2025  |  Payment Methods

Mastercard said it is expanding its First Party Trust program to tackle “friendly” fraud. Also known as first-party fraud, the term refers to genuine transactions...

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Xero Acquires B2B Bill Pay Platform Melio for $2.5 Billion
Xero Acquires B2B Bill Pay Platform Melio for $2.5 Billion
June 25, 2025  |  Partnerships

New Zealand-based small business platform Xero is set to acquire Melio for $2.5 billion. The deal, announced Tuesday (June 24) evening, gives Xero access to...

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Velera Builds Governance Framework to Shield Credit Unions From AI Risk
Velera Builds Governance Framework to Shield Credit Unions From AI Risk
June 25, 2025  |  Artificial Intelligence

Watch more: Velera Builds Governance Framework, Shields Credit Unions From AI Risk There’s no reason credit unions should be left out of the artificial intelligence...

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Small Businesses Lose Vital Financing as Banks Struggle to Verify Who They Are
Small Businesses Lose Vital Financing as Banks Struggle to Verify Who They Are
June 25, 2025  |  SMBs

A solo dental practice in a small town. A mom-and-pop Italian restaurant in a large city. Or a one-of-a-kind hair salon somewhere in between. Tiny,...

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Orus Raises $29 Million to Expand Small Business Insurance Platform
Orus Raises $29 Million to Expand Small Business Insurance Platform
June 24, 2025  |  SMBs

Paris-based digital insurer Orus raised 25 million euros (about $29 million) in a Series B funding round to fuel the planned pan-European expansion of its...

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Vaya Co-Founders Join Fundbox to Help Expand Embedded Lending Offerings
Vaya Co-Founders Join Fundbox to Help Expand Embedded Lending Offerings
June 23, 2025  |  B2B Payments

Members of the founding team of embedded lending platform Vaya Technologies have joined embedded capital infrastructure provider Fundbox, according to a Monday (June 23) press release. Vaya’s co-founders, Ankit...

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Tensec Raises $12 Million to Promote Real-Time X-Border Payments
Tensec Raises $12 Million to Promote Real-Time X-Border Payments
June 23, 2025  |  Cross-border Payments

Cross-border payments FinTech Tensec raised $12 million in new funding. The financing will help the company provide payments and financial services for companies in the...

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