Small businesses are investing in artificial intelligence (AI) software and services to keep up with the fast-developing technology. Experts say that AI can pay off as an investment. In fact, PYMNTS reporting shows that AI is assisting small businesses with daily operations. “AI can help...
Business travel, once a stalwart of corporate existence, has been taxiing on the post-COVID runway. But the strong financial results posted by American Express Global Business Travel (Amex GBT) on Tuesday (March 5) for the fourth quarter and full year ending Dec. 31 point to hopes...
More than 140,000 business accounts in the United Kingdom were closed by major banks in the last year, according to the U.K. Parliament’s Treasury Committee. That figure amounts to 2.7% of all accounts held by small businesses, the committee said in a Tuesday (Feb. 27) press...
Sage, an accounting technology firm serving small to medium-sized businesses (SMBs), is partnering with Amazon Web Services (AWS). This agreement will improve the way SMBs optimize their operations with generative artificial intelligence (AI) and tackle environmental responsibilities, Sage said in a Wednesday (Feb. 28) news release. Using...
December 29, 2023
2023 hasn’t been an easy environment for small and midsized businesses (SMBs). Business bankruptcy rates jumped 30% between September 2022 and September 2023, as macro factors like record-high interest rates and the end of pandemic relief increasingly battered small businesses’ prospects. That’s why it has never been more crucial for Main Street SMBs to identify and act […]
November 01, 2023
People want to make conscious choices and contribute to the success of local and independent enterprises. This inclination to “shop small” is driven by various factors, including a desire to...
October 17, 2023
The competition in the payment processor market is fierce because of the success of incumbent leaders, as the majority of Main Street small to midsized business (SMB) retailers are satisfied...
October 13, 2023
This week, Amazon and Walmart have been locked in intense competition, each striving to secure the loyalty and spending of shoppers. On Wednesday (Oct 11), Amazon concluded its Prime Day...
April 23, 2024
Online lender Enova International reported growing lending volume and solid credit performance for the first quarter. During the quarter ended March 31, Enova’s combined loans and finance receivables increased 23% year over year, reaching a record $3.5 billion. Total company originations for the quarter totaled $1.4 billion, according to the press release. Small and medium-sized business (SMB) products […]
February 28, 2024
More than 140,000 business accounts in the United Kingdom were closed by major banks in the last year, according to the U.K. Parliament’s Treasury Committee. That figure amounts to 2.7% of...
February 28, 2024
Sage, an accounting technology firm serving small to medium-sized businesses (SMBs), is partnering with Amazon Web Services (AWS). This agreement will improve the way SMBs optimize their operations with generative artificial...
February 26, 2024
GoDaddy has launched an artificial intelligence (AI) solution aimed at helping small businesses save time and grow their online presence. The new GoDaddy Airo platform uses generative AI technology to create logos,...