Smbs news and trends

Amex: Card Spending by Millennials and Gen Z Up 16%

January 24, 2025
American Express
NMI Embeds Payment Functionality Into Popular Accounting Software
B2B Payments // January 23, 2025

Embedded payments infrastructure provider NMI has launched a new extension for use with its NMI Payment Gateway that embeds payment functionality directly into popular accounting software like QuickBooks and Xero. This new extension, Bill Connect, is powered by Biller Genie, NMI said in a Thursday...

Visa Invests in Moniepoint to Unlock Africa’s Small Business Potential
SMBs // January 23, 2025

Visa is betting that Nigerian FinTech Moniepoint will accelerate growth for small- to medium-sized businesses (SMBs) in Africa. The global payments giant invested in the company to advance financial inclusion, shape the future of digital payments and foster SMB growth across the continent, according to...

Why SMB Optimism Will Likely Carry Over Into 2025
SMBs // January 23, 2025

The year 2024 began as a question mark for the smaller firms that are central to Main Street communities and that power the U.S. economy as a whole. Inflation, of course, remained top of mind — and, yes, that’s a key concern as 2025 takes...

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 Many SMBs use outdated cash management practices, which leads to pressure from delayed payments and inefficient processes.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...

Interviews & Exclusives
Why SMB Optimism Will Likely Carry Over Into 2025

January 23, 2025
The year 2024 began as a question mark for the smaller firms that are central to Main Street communities and that power the U.S. economy as a whole. Inflation, of course, remained top of mind — and, yes, that’s a key concern as 2025 takes shape. But looking back through the year that was, and […]

88% of Firms Say They Benefit From Faster Payments

January 17, 2025
Late payments are a common issue for businesses, especially small- to medium-sized businesses (SMBs) struggling with cash flow. As payment delays persist, businesses are turning to faster payment solutions to...

77% of Travelers Prioritize Experience Over Cost

January 09, 2025
The hospitality industry has seen a resurgence since COVID-19, and international travel and tourism are expected to surpass pre-pandemic levels. To capitalize on the growth, hospitality businesses must adapt to...

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...

Quick Reads
NMI Embeds Payment Functionality Into Popular Accounting Software

January 23, 2025
Embedded payments infrastructure provider NMI has launched a new extension for use with its NMI Payment Gateway that embeds payment functionality directly into popular accounting software like QuickBooks and Xero. This new extension, Bill Connect, is powered by Biller Genie, NMI said in a Thursday (Jan. 23) press release. Bill Connect helps the small and […]

Visa Invests in Moniepoint to Unlock Africa’s Small Business Potential

January 23, 2025
Visa is betting that Nigerian FinTech Moniepoint will accelerate growth for small- to medium-sized businesses (SMBs) in Africa. The global payments giant invested in the company to advance financial inclusion,...

Qomodo Raises $14.1 Million to Offer BNPL to Italian Brick-and-Mortar Merchants

January 22, 2025
Milan-based Qomodo has raised 13.5 million euros (about $14.1 million) in a Series A funding round to continue developing solutions like buy now, pay later (BNPL) and SmartPOS for Italian...

UK’s FCA Proposes Removing Contactless Limit to Allow ‘Greater Flexibility’

January 22, 2025
The U.K.’s Financial Conduct Authority may remove the 100-pound (about $123) contactless limit and “set new digital service standards” as part of its efforts to support the government’s growth mission....