Small Business news and trends

Behind the Report: A Sneak Peek Into the Future of Credit Unions

January 29, 2025
45% of CEOs Say Business Model Clarity Is Crucial to Optimizing Cash Flow
SMBs // January 23, 2025

Small- to medium-sized businesses (SMBs) often find themselves in a constant struggle to manage cash flow, focusing more on survival than growth. Many SMBs use outdated cash management practices, which leads to pressure from delayed payments and inefficient processes. The PYMNTS Intelligence report, “From Cash Flow Pain...

UK Consumer Group Launches Business Bank Account Product Ratings
Banking // January 20, 2025

British independent consumer group and rating provider Fairer Finance has added new business bank account product rankings designed to help small businesses. The group now offers ratings for more than 30 product types, including insurance, banking and credit products, Fairer Finance said in a Monday...

Nearly Half of Rural Small Businesses Do Business With the Bank on the Corner
SMBs // January 08, 2025

Small and mid-sized businesses (SMBs) are considering a switch from national banks to local financial institutions (FIs) like community banks and credit unions (CUs). While the convenience of national banks has traditionally been a strong draw, factors such as personalized service, lower fees, and better...

PayU-Backed BRISKPE Launches Cross-Border Payments Platform for Indian Small Businesses
Cross-border Payments // January 07, 2025

PayU-backed BRISKPE has launched a unified platform for cross-border payments that is designed for Indian small and medium-sized businesses (SMBs). With this platform, SMBs can access account-to-account (A2A) transfers, card collections powered by PayU, and wallet-based collections through PayPal, BRISKPE said in a Tuesday (Jan....

Interviews & Exclusives
Behind the Report: A Sneak Peek Into the Future of Credit Unions

January 29, 2025
Tomorrow, PYMNTS Intelligence, in collaboration with Velera, will release a groundbreaking report, “Roadmap to 2030: The Seven Strategic Planks for Credit Unions To Capture Top of Mind.” The report will offer a detailed analysis of how credit unions (CUs) can thrive in the highly competitive and rapidly changing financial landscape. This report, based on surveys […]

Nearly Half of Rural Small Businesses Do Business With the Bank on the Corner

January 08, 2025
Small and mid-sized businesses (SMBs) are considering a switch from national banks to local financial institutions (FIs) like community banks and credit unions (CUs). While the convenience of national banks...

Amex Sees ‘Tremendous Growth’ in Virtual Cards for B2B Payments

December 18, 2024
Complexities breed inefficiency, as business-to-business (B2B) payments throughout their history have proven. But B2B payments should be simple, easy and secure. In an era when digital transformation is reshaping every...

81% of SMBs Are Open to Adopting Integrated Payments

December 18, 2024
Small to mid-sized businesses (SMBs) across the U.S. face struggles due to fragmented and inefficient business-to-business (B2B) payment systems. While many SMBs recognize the potential of integrated solutions to streamline...

Quick Reads
UK Consumer Group Launches Business Bank Account Product Ratings

January 20, 2025
British independent consumer group and rating provider Fairer Finance has added new business bank account product rankings designed to help small businesses. The group now offers ratings for more than 30 product types, including insurance, banking and credit products, Fairer Finance said in a Monday (Jan. 20) press release emailed to PYMNTS. The new business […]

PayU-Backed BRISKPE Launches Cross-Border Payments Platform for Indian Small Businesses

January 07, 2025
PayU-backed BRISKPE has launched a unified platform for cross-border payments that is designed for Indian small and medium-sized businesses (SMBs). With this platform, SMBs can access account-to-account (A2A) transfers, card...

Parafin Raises $100 Million to Grow Embedded Finance Infrastructure for Platforms

December 17, 2024
Parafin has raised $100 million in a Series C funding round to grow its embedded finance infrastructure that powers financial services for marketplaces, vertical software-as-a-service (SaaS) providers and payment platforms....

Small Business Loans Decreased in 2023 as Lending Standards Tightened

December 16, 2024
Small business and small farm loans decreased in 2023 as interest rates rose and lending standards tightened, according to three federal banking agencies with responsibilities for the Community Reinvestment Act...