Smbs/page/4 news and trends

AppTech Payments Aims to Take on Venmo With InstaCash

May 16, 2024
AppTech Integrates Its Commerse Platform With FinZeo
Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa
Cross-border Payments // May 15, 2024

Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to power cross-border payments and decentralized identity use cases, the companies said in a Tuesday (May 14) press release. “Across Africa, the...

Instant Payments Emerge as Balance Sheet Boost for Independent Restaurants
Real-Time Payments // May 15, 2024

Small to mid-sized businesses (SMBs) in the restaurant segment now use instant payments more than other payment methods. PYMNTS Intelligence finds that 74% of businesses surveyed sent instant payments in the last year. Moreover, 40% identify an instant option as their most used form of...

Small Retailers Struggle to Bounce Back From the Pandemic
Retail // May 13, 2024

As many small- to medium-sized businesses (SMBs) have spent the last year recovering from the impact of the pandemic, mom-and-pop retailers have struggled to regain their footing. By the Numbers The PYMNTS Intelligence report “Main Street Businesses Are Outperforming the US Economy” examined the state of the...

New Technology Puts Financial Improvements on the Menu for Restaurants
ResTech // May 13, 2024

Even as Main Street businesses outperform the rest of the economy, there’s a whole different set of rules for restaurants. For example, PYMNTS Intelligence found that over the last 12 months, Main Street businesses have operated with the lowest risk of closing since early 2020. A report from Fiserv went into...

Interviews & Exclusives
New Technology Puts Financial Improvements on the Menu for Restaurants

May 13, 2024
Even as Main Street businesses outperform the rest of the economy, there’s a whole different set of rules for restaurants. For example, PYMNTS Intelligence found that over the last 12 months, Main Street businesses have operated with the lowest risk of closing since early 2020. A report from Fiserv went into more detail. The Fiserv Small Business Index showed that small business sales […]

Study Finds Small Business Healthcare Providers Receive 25% of Payments Late

May 09, 2024
Increasingly, small- to mid-sized businesses (SMBs) operating in the healthcare field are using real-time payment technology to improve cash flow efficiency. Thirty-eight percent of the healthcare SMBs PYMNTS Intelligence surveyed for “Small Business Real-Time...

Gen Z Small Business Owners Get Personal for Business Loans

May 03, 2024
At a time when every financial decision counts, many small to medium-sized businesses (SMBs) can at least take some comfort knowing there are a wide variety of borrowing tools available...

Visa Stresses Education as Small Businesses Confront Fraud Vulnerabilities

May 02, 2024
Most crimes, as the saying goes, are crimes of opportunity. And that’s bad news for small businesses, whose lack of resources and challenges when accessing financing often leaves them ill-prepared...

Quick Reads
AppTech Payments Aims to Take on Venmo With InstaCash

May 16, 2024
Frictionless commerce firm AppTech Payments completed the pilot of its Banking-as-a-Service (BaaS) platform. Now, the company will use the BaaS solution for the commercial launch of InstaCash, a real-time pay-by-bank transaction system that AppTech is positioning as a rival to both Venmo and Western Union, according to a Thursday (May 16) press release. “The success of our BaaS pilot program signifies a significant milestone as we […]

Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa

May 15, 2024
Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to power cross-border payments and decentralized...

Report: Alphabet in Continuing Talks to Acquire HubSpot

May 09, 2024
Google parent company Alphabet is reportedly in continuing talks with HubSpot about acquiring that company. The companies have discussed the potential terms of a deal, although the deliberations are ongoing, there is no certainty the two...

Amazon to Launch Dedicated Online Store in Ireland in 2025

May 09, 2024
Amazon will launch a dedicated online store in Ireland in 2025. The new Amazon.ie will offer more products from Irish businesses; low, local prices; and no additional customs charges, the company said in a Wednesday (May 8)...