Small Business/page/8 news and trends

61% of Small Businesses Use AI to Automate Daily Tasks

June 12, 2024
small business owner
Small Merchants Struggle to Provide Delivery Affordable Enough for Consumers
Delivery // June 12, 2024

With the high labor costs of delivery, smaller merchants are struggling to find ways to compete on convenience without excessively compromising their margins and without alienating customers. National Retail Solutions (NRS), a point-of-sale (POS) company providing systems geared toward independent retailers, said Thursday (June 6)...

Forwardly Adds ‘Pay by Credit Card’ to B2B Payments Platform
B2B Payments // June 11, 2024

Forwardly has added a “pay by credit card” option to its business-to-business (B2B) payments platform. With this feature, small and medium-sized businesses (SMBs) can both accept card payments for outstanding invoices from their clients and make card payments to pay business bills to vendors and...

Pipe Aims $100 Million at Embedding Working Capital Solutions Into Business Software
SMBs // June 11, 2024

The most valuable solution is the one that is there when you need it. And for America’s millions of small and medium-sized businesses (SMBs), they mostly share one common problem: access to capital. Karen Webster sat down with Luke Voiles, CEO at Pipe, and Thomas Welch,...

White House Launches Working Capital Pilot Program for Small Business
SMBs // June 06, 2024

The Small Business Administration (SBA) plans to launch a working capital pilot program featuring a newly structured line of credit for small businesses that is designed to give greater flexibility than a traditional term loan. The 7(a) Working Capital Pilot (WCP) Program will launch later...

Interviews & Exclusives
61% of Small Businesses Use AI to Automate Daily Tasks

June 12, 2024
PYMNTS Intelligence’s recently-released “New Report: SMBs Race to Critical Mass on AI Usage found there is a sharp divide in how small and medium-sized businesses (SMBs) tackle growth strategies. SMBs with revenues that exceed $150,000 annually are more likely to map out innovation and expansion strategies aimed at igniting growth. SMBs that generate less than […]

Pipe Aims $100 Million at Embedding Working Capital Solutions Into Business Software

June 11, 2024
The most valuable solution is the one that is there when you need it. And for America’s millions of small and medium-sized businesses (SMBs), they mostly share one common problem:...

Simplicity Defines the Small Business Online Payments Playbook

April 29, 2024
Moving a business online can be rewarding as enterprises reach broader audiences, sometimes global in scope, and expand their revenue opportunities with online payments. But challenges persist, whether it’s a...

NCR Says Digital Banking Has ‘Unique’ Small Business Opportunity

April 23, 2024
Financial institutions have a unique opportunity to bolster the resilience of small businesses by providing tailored financial tools and support, NCR Voyix Chief Product Officer, Digital Banking Doug Brown says...

Quick Reads
Forwardly Adds ‘Pay by Credit Card’ to B2B Payments Platform

June 11, 2024
Forwardly has added a “pay by credit card” option to its business-to-business (B2B) payments platform. With this feature, small and medium-sized businesses (SMBs) can both accept card payments for outstanding invoices from their clients and make card payments to pay business bills to vendors and contractors, the company said in a Tuesday (June 11) press […]

White House Launches Working Capital Pilot Program for Small Business

June 06, 2024
The Small Business Administration (SBA) plans to launch a working capital pilot program featuring a newly structured line of credit for small businesses that is designed to give greater flexibility...

Corporations Follow Small Businesses in Returning to Travel

June 04, 2024
Large corporations are reportedly catching up with small and medium-sized businesses (SMBs) in returning to business travel. While SMBs led the post-pandemic rebound in business travel, corporations are increasingly booking...

Rapid Finance Debuts Updates to Fraud Detection Platform for SMB Loans

June 04, 2024
Small business banking platform Rapid Finance has introduced updates to its fraud detection platform Lynx. The platform now has a cloud-based rules engine that lets the company’s enterprise customers create...