PYMNTS

OCTOBER 30, 2020

Smaller businesses are financially struggling due to the pandemic and extended revenue shortfalls could affect the millions of workers they employ, the Fed said in announcing the new parameters. The three Main Street facilities have been lowered to $100,000 from $250,000 and the fees adjusted accordingly. .

Fed 53

Fed Adjustments Small Business Federal Reserve 53

Fintech Finance

APRIL 14, 2025

. “This innovative spend management solution is built directly into our existing credit card experience to give our cardholders an effortless way to manage their business expenses without additional applications or setup,” said Courtney Kelso, head of U.S. Bank Payments: Consumer and Small Business.

Credit Cards 81

Credit Cards Adjustments Small Business Continuity 81

Stax

JULY 5, 2024

This fee falls under the category of of non cash adjustment—a term that a term that describes any additional charges applied to non cash payments to cover processing costs. TL;DR In a non cash adjustment (NCA) program, the listed price shows the amount a customer would pay if they chose a debit or credit card as their payment method.

Adjustments 68

Adjustments Credit Cards Debit Card Best Practices 68

PYMNTS

FEBRUARY 21, 2019

The small business (SMB) banking sector continues to endure seismic disruption from many angles. regulators are cracking down on big bank misconduct against small firms, while simultaneously exploring ways to inject competition into the sector via initiatives like the RBS fund. small businesses. In the U.K.,

Small Business 54

Small Business Finance On-Demand Addressing 54

PYMNTS

DECEMBER 7, 2020

Despite a surge in sales, small businesses selling online can struggle to manage working capital, particularly as many rely on third-party marketplaces like Amazon that don't facilitate instant access to revenues. But most people forget that we're still talking about small businesses with a limited number of resources.".

Finance 142

Finance Small Business Underwriting B2C 142

Nanonets

SEPTEMBER 23, 2023

Small business accounting software  can unlock efficiency and streamline financial management for businesses of all sizes. With  small business accounting software , businesses can easily manage income and expenses, create invoices, track payments, reconcile bank statements, and generate accurate financial reports.

Small Business 52

Small Business Accounts Automation Compliance 52

Clearly Payments

FEBRUARY 27, 2025

Additionally, the widespread adoption of Interac e-Transfer for peer-to-peer payments and small business transactions highlights the shift toward seamless, secure digital payment solutions. Personalized Service : Small businesses can offer tailored experiences, with 57% of consumers preferring customized product recommendations.

BNPL 59

BNPL Payments Small Business PayPal 59

The Finance Weekly

JANUARY 5, 2025

They analyze spending habits and recommend adjustments to help individuals or businesses achieve their financial goals. Pricing Starter - $29/ month Ideal for small businesses focused on enhancing customer satisfaction via live chat support. Best Finance AI Chatbots 1. Affordable pricing. Free plan with basic features.

AI 130

AI Finance Automation Non-Bank 130

Nanonets

SEPTEMBER 22, 2023

Accounts payable software for small business  can significantly enhance financial workflow and improve overall efficiency. This powerful tool automates and streamlines the accounts payable processes, helping businesses manage invoices, vendor payments, and maintain accurate financial records.

Small Business 52

Small Business Accounts Online and Mobile Banking Automation 52

PYMNTS

APRIL 12, 2020

Checks will go out first to people with the lowest adjusted gross income. It offers unemployment insurance and forgivable loans to small businesses and large corporations. Most adults making less than an adjusted gross income of $75,000 annually will receive a $1,200 one-time payment.

IRS 123

IRS Direct Deposit Consumer Payments 123

PYMNTS

AUGUST 29, 2019

Some of the world’s largest banks are adjusting their strategies in Asia in order to strengthen their support of corporate and small business clients. financial institution announced plans for a six-month interest rate rebate for small business loans issued under loan guarantee schemes.

Adjustments 43

Adjustments Small Business Cross-Border Disputes 43

Nanonets

APRIL 4, 2023

tools available to small business owners. Even if you’re not a math whiz or an accounting expert, Excel allows you to keep detailed, accurate business records. You can customize Excel to the level of detail you need for your business. This would allow for plenty of accounts for a small business.

Small Business 52

Small Business Accounts Automation Payment APIs and Integration 52

PYMNTS

APRIL 2, 2020

has abruptly cut off credit to small business customers. Georgia-based Kabbage claims it has provided small business borrowers with over $9 billion in loans as of its 2009 establishment. Kabbage is now said to aim to be an intermediary connecting people with Small Business Administration ( SBA ) loans.

Small Business 78

Small Business Underwriting Adjustments Economy 78

PYMNTS

FEBRUARY 6, 2019

“Business Advantage 360 will help entrepreneurs save time and money, by providing a more complete financial picture of their business,” said Sharon Miller, managing director and head of small business at Bank of America. Users can also manually adjust cash flow projections and thresholds to account for additional data.

Online and Mobile Banking 72

Online and Mobile Banking Small Business Adjustments Payroll 72

PYMNTS

OCTOBER 4, 2020

Square Capital is the company's small business financing arm, providing loans from $300 up to $10,000, charging a single fee for loans. In the most recently reported quarter, Square stopped its small business financing in lieu of providing Paycheck Protection Program (PPP) loans. Revenues had surged to $1.3

Federal Reserve 92

Federal Reserve Small Business Adjustments Finance 92

Nanonets

SEPTEMBER 21, 2023

In today's competitive business landscape, small businesses can unlock their growth potential and streamline operations by implementing ERP systems designed specifically for their unique needs. Implementing an ERP system can help small businesses overcome challenges and simplify operations.

Small Business 40

Small Business Automation Risk Process 40

The Fintech Times

MARCH 17, 2025

Adjust the initial design of Canadas open finance regime The second recommendation looks to build on the previous development of open banking and evolve its development to open finance. . ” The post Improved Open Finance Regime: FDATA Provides Government of Canada Pre-Budget 2025 Recommendations appeared first on The Fintech Times.

Government 59

Government Governance Finance Consulting 59

The Finance Weekly

JUNE 22, 2022

There is no longer a need to recreate a whole process for each individual client, yet it’s extremely simple to make adjustments to that existing process when needed. By eliminating all of the manual work, FCFOs will have a significantly more amount of time on their hands.

Automation 264

Automation Process On-Demand Audit 264

Stax

OCTOBER 21, 2024

As beneficial as credit card processing is for small businesses, you’ll have to work with a payment service provider and their fees can be tricky to navigate. Moreover, this pricing model allows merchants to move to more favorable tiers as their business evolves. That’s over $10 trillion in transactions. Let’s take a look.

Credit Cards 88

Credit Cards Process Processors Processing Costs 88

The Payments Association

JUNE 3, 2025

Additionally, an influx of CBDC usage across the globe could encourage central banks to adjust their foreign exchange reserves to include more CBDCs, influencing global capital flows and the traditional dynamics of reserve currency utilisation. Yet, merchants, especially small businesses, face real hurdles.

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

PYMNTS

AUGUST 5, 2020

Adjusted earnings per share were 18 cents. While there was growth in Cash App, Square remains heavily indexed to small businesses including cafes and eateries through the company’s payment terminals. Square saw its shares skyrocket Tuesday (Aug. CNBC reported the company had $1.92

Tax Refunds 87

Tax Refunds Small Business Shutdown Venmo 87

The Fintech Times

FEBRUARY 22, 2024

Insurtech startup blip officially launched in the UK earlier this week, looking to offer affordable business insurance for small businesses, amid difficult macroeconomic conditions. “blip is a new way to think about insurance that does more than just protect your business.

Small Business 69

Small Business Adjustments End User Mitigation 69

FICO

APRIL 10, 2020

Many small businesses are closing, and jobs are disappearing in the COVID-19 economy. In part one of my blog series, I talked about the steps that small banks and credit unions can take to help their clients adjust in these challenging times. Expect to see businesses that are current to suddenly not be current.

Small Business 83

Small Business Credit Union Economy Accounts 83

PYMNTS

AUGUST 12, 2020

As service providers in the business of disasters and disruptions, insurance companies have had a front-row seat to the ways the pandemic has affected their small business policyholders. But as Pogreb highlighted, small businesses also have an opportunity to change the way they interact with their insurance providers, too.

Small Business 91

Small Business Underwriting Direct Deposit Shutdown 91

PYMNTS

DECEMBER 2, 2020

Small businesses are turning toward their financial service providers now more than ever, not only for access to working capital and key products to run their business, but also for advisory services and guidance on how to navigate today's volatile market. An Agile Business Model. Getting Creative.

Credit Union 66

Credit Union Small Business Adjustments Service Provider 66

Stax

MAY 20, 2024

Legal and regulatory implications There are strict accounting standards in place to manage unearned revenue and revenue recognition for large and small businesses. For financial accounting purposes, businesses must establish a clear schedule for recognizing revenue and recording both their long-term and short-term liabilities.

Accounts 167

Accounts Adjustments Legal Agreements 167

PYMNTS

MAY 27, 2020

Among the numerous ways small businesses have been affected by the global pandemic, the sudden race to launch online operations has been among the most profound — and may ultimately be among the most long-lasting changes to the SMB community. “It does seem absolutely logical, up until the point that you start calculating costs.”

Small Business 71

Small Business B2B Payments Gateways 71

EBizCharge

JANUARY 6, 2025

For business owners, this practice isnt just a thoughtful nod to customersits a smart move to reduce payment processing costs and encourage more cash transactions. Whether youre a small business owner or a curious customer, this is your guide to understanding cash discounts better. What is a cash discounting program?

Legal 52

Legal Adjustments Compliance Assessments 52

Stax

APRIL 23, 2024

ACH payments are a convenient way for business owners, individuals, and employers to use intuitive automated banking throughout their daily lives. Most small business owners and employers are turning to ACH payments instead paper check payments because of the ease and instant access the ACH network provides.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

Stax

MAY 6, 2025

Youre hitting volume or transaction limits Many small business owners face caps on daily credit card transactions or suffer from settlement delays. Ask about flat-rate options, subscription pricing (like Stax), and whether fees adjust as your business evolveswithout locking you into long-term contracts.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Volume Payments 88

PYMNTS

DECEMBER 17, 2018

Use of alternative finance (AltFin) sources among small business (SMB) owners is on the rise, but still has a long way to go before it poses a legitimate threat to traditional banks’ market dominance. Mercator Advisory Group data released earlier this year found that 27 percent of small businesses in the U.S.

Small Business 78

Small Business Finance Non-Bank Accounts 78

PYMNTS

JANUARY 31, 2021

The platform helps [small- to medium-sized businesses (SMBs)] gather and scan invoices and receipts, eliminate manual data entry using machine learning technology, approve and execute payments, set up automated workflows, and sync to accounting systems like QuickBooks Online, Sage Intacct, Xero, and others in real time.

Adjustments 85

Adjustments B2B Automation Small Business 85

PYMNTS

APRIL 2, 2020

With cash flow constraints dominating the headlines, financial service providers are introducing a slew of new products and services to help small businesses strengthen their financial standings amid the coronavirus crisis. PYMNTS rounds up the latest in commercial card innovation below. Comdata Fuel Cards Facilitate Factoring.

Commercial Card 65

Commercial Card Small Business Debit Card Credit Cards 65

PYMNTS

APRIL 13, 2020

While small businesses across the globe face pressing cash flow challenges, in the Netherlands, small suppliers’ payment cycles were already feeling the squeeze before coronavirus disruption. At the same time, traditional lenders, like in many parts of the world, have struggled to fill the small business financing gap.

Finance 62

Finance Small Business Blockchain Assessments 62

The Fintech Times

SEPTEMBER 23, 2024

One in six B2B suppliers now give business customers over two months to pay their invoices, according to a joint report by economic consultancy Cebr and European small business lender iwoca. This rise comes as more businesses demand greater payment flexibility from suppliers.

B2B 69

B2B Adjustments Payments Risk 69

PYMNTS

JUNE 29, 2020

Separate analysis from The Hackett Group found that as businesses adjust their supplier payment terms, they’re relying less on external financing tools like supply chain financing, and more on invoice payment optimization, to improve their cash positions. ” $1.3

Payments 102

Payments B2B Volume Adjustments 102

PYMNTS

FEBRUARY 4, 2020

small businesses more control over short-term funding needs. “As a former small business owner, I know managing cash flow is a major headache,” said Rob Frohwein, CEO of Kabbage. Kabbage Payments is perfect for a small business owner who wants to start generating invoices and getting paid today.”.

Small Business 61

Small Business Payments Adjustments Credit Cards 61