SMBs

Small and Medium businesses are privately owned corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation.
Fiverr Sees 6% Revenue Rise in Q2 Despite ‘Volatile’ Market for Freelancers
Fiverr Sees 6% Revenue Rise in Q2 Despite ‘Volatile’ Market for Freelancers
July 31, 2024  |  Earnings

Freelancer platform Fiverr saw its revenue rise 6% year over year, to $94.7 million, in the second quarter of 2024 despite macroeconomic volatility. In the...

READ MORE >
70% of Small Businesses Want Better Cash Management Services From Banks
70% of Small Businesses Want Better Cash Management Services From Banks
July 31, 2024  |  SMBs

Small to mid-sized businesses (SMBs) are contending with a perfect storm of financial difficulties: outdated payment systems, persistent inflation and delayed payments. These issues disrupt...

READ MORE >
Mastercard Sees Embedded Finance as Revolutionizing Digital Payments
Mastercard Sees Embedded Finance as Revolutionizing Digital Payments
July 31, 2024  |  Mastercard

The future of payments and commerce gets closer every day. So close, in fact, that they are becoming intertwined — and embedded. In an era...

READ MORE >
PayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
PayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
July 30, 2024  |  Earnings

If the global consumer is showing signs of cutting spending, PayPal didn’t get that email. The digital payments and peer-to-peer platform on Tuesday (July 30)...

READ MORE >
Meta’s Open-Source AI Model Sparks Industry Debate on Commerce’s Future
Meta’s Open-Source AI Model Sparks Industry Debate on Commerce’s Future
July 29, 2024  |  artificial intelligence

Industry experts are debating the business impact of Meta’s free artificial intelligence (AI) model Llama 3.1, weighing its potential against practical implementation challenges. Boasting 405...

READ MORE >
Cuba Bans Small Business From Using US Bank Accounts
Cuba Bans Small Business From Using US Bank Accounts
July 26, 2024  |  SMBs

Cuba has reportedly banned its small businesses from using U.S. bank accounts, just weeks after the Biden administration allowed Cubans to use the banking system....

READ MORE >
3 Big Ideas From the PYMNTS Visa SMBTV Series
3 Big Ideas From the PYMNTS Visa SMBTV Series
July 26, 2024  |  VISA

In the digital marketplace, the effortless nature of eCommerce transactions masks a complex network of systems designed to ensure a smooth customer experience. While consumers...

READ MORE >
Sage Enhances Payment Processing for SMBs With Stripe Integration
Sage Enhances Payment Processing for SMBs With Stripe Integration
July 26, 2024  |  SMBs

Sage and Stripe have partnered to help improve cashflow management and payment processing for small- to medium-sized businesses (SMBs). Stripe’s financial infrastructure platform for businesses will be...

READ MORE >
Instant Payments Book a Long Stay With Independent Hotels
Instant Payments Book a Long Stay With Independent Hotels
July 26, 2024  |  Real-Time Payments

Instant payments have become a mainstay for small to mid-sized businesses (SMBs) in the hospitality sector. For example, more hospitality SMBs used instant PayPal to...

READ MORE >