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Proposal Would Allow SMBs To Get Another PPP Loan 

PYMNTS

Cardin, the ranking member of the Small Business Committee, along with Senators Chris Coons (D-Delaware) and Jeanne Shaheen (D-New Hampshire) introduced the bill in the Senate. The lawmakers say the nation’s small businesses continue to struggle as the shutdown continues. “In In the House, U.S.

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SME finance gap: Why UK SMEs deserve better financial access

The Payments Association

While lending remains a barrier, financial enablement, such as instant onboarding, merchant services, and access to global payments, is equally important for business continuity and growth. Meanwhile, newer SMEsespecially startups or sole tradersare frequently excluded by rigid eligibility criteria.

Finance 88
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The Complicated Picture Of Banking Cannabis SMBs

PYMNTS

.” As a result, as the regulatory landscape continues to develop, non-bank alternatives will also see an opportunity to step in and fill the gaps for financing and other services cannabis businesses continue to need.

Legal 78
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Where Faster Payments Fits Between B2B Buyers And Suppliers

PYMNTS

It’s a significant opportunity for companies of all sizes, but with small businesses continuing to be underserved, Bar noted that technological innovations will open up more doors for service providers to fill that gap. “There’s a really big need for a Venmo for small businesses,” he said.

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10 Upcoming Fintech Webinars to Attend

Fintech News

The COVID-19 pandemic led to restrictions on physical gatherings, prompting businesses to swiftly move their marketing activities to online platforms and bringing webinars into the spotlight. Webcasting and virtual event platforms like ON24 witnessed a remarkable surge, reporting a 167% increase in webinar hosting activities.

FinTech 135
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$79M Funded Across B2B FinTechs

PYMNTS

Greenline Ventures didn’t announce a new investment in a B2B FinTech startup this week, but it did reveal the launch of its $20 million Small Business Capital Fund, which will be used to provide between $250,000 and $2 million to SMEs in an effort to support economic growth and the success of small businesses across the nation.

B2B 51
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Closing The Bank/Middle Market Commercial Card Gap

PYMNTS

Yet, according to Kris Carrera, general manager and business line executive of Credit Payments at FIS , the middle market is often underserved — particularly when it comes to commercial card products. And unlike the large commercial enterprise space, the middle market doesn’t often demand immense complexity of products and services.