Fintech Finance

MARCH 7, 2025

A new report from bank payment company GoCardless , commissioned through the Federation of Small Businesses (FSB), has revealed late payments are not only a perennial concern for small and medium businesses (SMBs) — theyre a growing one too. The perceived lack of control varies based on the payer.

Small Business 59

Small Business Payer Payments Economy 59

Fintech Finance

NOVEMBER 18, 2024

The current cross-border payment system imposes high costs on businesses and economies worldwide, stifling economic potential and limiting financial inclusivity. Any improvement in the efficiency of cross-border transactions would, therefore, lead to considerable benefits for businesses and individuals globally.

Cross-Border Payments 136

Cross-Border Payments Cross-Border Transactions Financial Inclusion 136

Fintech Finance

NOVEMBER 12, 2024

Acknowledging the impact of creators on the digital economy, Visa officially recognized creators as small businesses. Today, creators can easily and securely pay and be paid with Visa’s financial tools, resources and products made available to small businesses worldwide. Visa is also helping creators get paid fast.

Small Business 98

Small Business Debit Card Financial Literacy Economy 98

Agile Payments

JULY 7, 2023

Navigating the Digital Economy: Online Payment Solutions for Small Businesses

Small Business 88

Small Business Economy Payment Solutions Payments 88

Fintech News

APRIL 28, 2025

The initiative is expected to simplify digital payments for travelers and cross-border workers, reduce the need for currency exchange, and support tourism, e-commerce, and small businesses in both nations.

Cross-Border 119

Cross-Border Payments Settlement Agreements 119

Fintech News

DECEMBER 1, 2024

Bhargav Dasgupta “MSMEs are the backbone of economies across Asia and the Pacific, yet many struggle to obtain adequate finance. Jon Huntsman “This partnership deepens the work we’re doing in the Asia and Pacific region to support entrepreneurs and small businesses, which are the lifeblood of communities and economies.

Visa 127

Visa Finance Financial Inclusion Underserved 127

Fintech Finance

SEPTEMBER 20, 2024

The government has unveiled new measures to support small businesses and the self-employed by tackling the scourge of late payments, which is costing small businesses £22,000 a year on average and leads to 50,000 business closures a year.

Small Business 97

Small Business Governance Government Payments 97

Fintech Finance

JUNE 18, 2024

GoCardless , the bank payment company, announces a new partnership with the Federation of Small Businesses (FSB ) to offer its members practical tips and advice to help address late payments. FSB campaigns for measures to curb poor payment practices by large companies to small businesses. This needs to change.”

Small Business 97

Small Business Payments Addressing Payments Strategy 97

Fintech Finance

DECEMBER 4, 2024

In addition to the financial toll, online fraud is impacting the productivity of small businesses. This time commitment diverts resources from core business operations, further straining already limited budgets.

Account Takeovers 104

Account Takeovers Small Business Phishing Scams 104

Fintech Review

NOVEMBER 27, 2024

Small and medium enterprises (SMEs) are the backbone of emerging economies. In many regions, they create jobs, drive innovation, and stimulate local economies. By developing digital financial solutions specifically for small businesses, they aim to bridge the gap and provide accessible, affordable services.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

Fintech Finance

MARCH 18, 2025

Many small businesses find themselves stuck in a debt trap paying high interest expense whilst they wait a very long time to get paid. The Prime Minister Sir Keir Starmer has committed to back small businesses by unlocking barriers to growth, with the government committed to addressing access to finance and payment practices. .”

Governance 102

Governance Government FinTech Payments 102

Stax

NOVEMBER 20, 2023

Small Business Saturday, or SBS, is a much-anticipated shopping event that takes place between the Black Friday and Cyber Monday holiday shopping frenzy. This day benefits local businesses since it encourages 72% of shoppers to shop and dine at small, independently-owned retailers and restaurants—not only on SBS—but year-long.

Small Business 88

Small Business Online and Mobile Banking Participant On-Demand 88

Fintech Finance

DECEMBER 5, 2024

Late payments cost UK SMBs an average of £22,000 annually, contributing to 50,000 business closures each year due to cash flow issues, according to the Federation of Small Businesses and the UK Government. Intuit QuickBooks financial software is delivered as part of Intuit’s business platform. billion annually.

Small Business 98

Small Business Embedded Payments Reconciliation Real Time Payments 98

The Fintech Times

MARCH 19, 2025

After the collapse of ISG (September 2024), industry has warned that the late payments and insolvency crisis in the sector represent a significant threat to the governments ambitions to grow the UK economy. It contributed to the severe housing shortage, creating one of the most unaffordable housing markets in the world.

Governance 98

Governance Government Small Business Addressing 98

Fintech News

FEBRUARY 20, 2024

But amidst this evolving discourse, micro, small, and medium-sized enterprises (MSMEs) have been frequently marginalised players, despite pivotal roles in global supply chains, leading to the development of Project Savannah.

Small Business 109

Small Business Credential Facilitators Verification 109

Fintech Finance

FEBRUARY 13, 2025

Zelle has announced that in 2024 the network reached 151 million enrolled users and helped American consumers and small businesses send over $1 trillionthe most money ever sent by a person-to-person payments service in a single year. billion, a 25% increase from the prior year. billion, a 25% increase from the prior year.

Zelle 86

Zelle Credit Union Scams Small Business 86

Fintech Finance

AUGUST 7, 2024

We’re particularly pleased to see the uptick in spending at French small businesses after we helped 13 million of them digitize over the last 4 years in Europe and connected them to spectators through the Visa Go app. Visa has launched the Visa Go app to connect spectators and tourists with local businesses during the Games.

Economy 105

Economy Small Business Contactless Payments Payment Networks 105

Fintech Finance

MARCH 26, 2025

Africas digital payments economy is set to grow from strength to strength according to a Mastercard-commissioned report by Genesis Analytics stating that the digital payments economy is expected to reach $1.5 Mastercard is playing a key role in enabling the infusion of funds into local economies. trillion by 2030.

Economy 52

Economy Cross-Border Cross-Border Payments Digital Payments 52

Fintech Finance

NOVEMBER 26, 2024

Remittances are vital in supporting households, small businesses, and local economies across Africa. This strategic expansion aims to boost financial inclusion by providing efficient, affordable cross-border payment solutions to one of the world’s fastest-growing economic regions. In 2023, remittances accounted for nearly 1.5

Cross-Border Payments 98

Cross-Border Payments Cross-Border Financial Inclusion Underserved 98

Fintech Finance

OCTOBER 28, 2024

Our success with Dojo demonstrates just how strong the demand from small businesses is for timely, accessible capital. Together, we’ve provided essential financing to tens of thousands of businesses, empowering them to pursue ambitious goals and make a meaningful impact on society.”

Embedded Finance 105

Embedded Finance Finance On-Demand Small Business 105

Fintech News

APRIL 17, 2025

Clara Shi WorldFirst enables business growth by delivering solutions featuring global coverage, secure transactions and operational efficiencyessential foundations for SMEs success in today’s digital economy. Todays small businesses often have global ambitions, but outdated payment processes can hold them back.

Visa 118

Visa Global Payments PCI DSS Treasury Management 118

The Fintech Times

FEBRUARY 4, 2025

Its offerings include digital business accounts, automated invoicing, expense tracking tools, and a seamless digital onboarding process. Designed to serve the needs of micro and small businesses (SMEs) and freelancers, Yuze offers financial solutions that look to support local businesses and fuel growth in Indias economy.

Micro-Entry 72

Micro-Entry Financial Inclusion Underserved Small Business 72

Fintech Finance

FEBRUARY 23, 2025

The discussions focused on fostering youth empowerment, small and medium-sized enterprise (SME) development, and the expansion of Nigeria’s digital economy. President Bola Ahmed Tinubu concluded the meeting by highlighting the vital role of collaborative efforts in empowering Nigeria’s youth and business community.

Economy 96

Economy Small Business Digital Payments Innovation 96

The Fintech Times

DECEMBER 20, 2024

Global payment provider, Mastercard is aiming to bring one billion people and 50 million micro, small and medium enterprises (MSMEs) into the digital economy by 2025.

Visa 59

Visa Small Business Economy Finance 59

The Fintech Times

MARCH 7, 2025

This is crucial given that fraud is currently costing the UK economy 6.8billion. CFIT says this new approach to compliance could reduce regulatory and administrative burdens for businesses, leading to annual reduction in compliance costs of 1.7billion. This would be especially helpful for SMEs, the backbone of the UK economy.

Compliance 96

Compliance Financial Crimes Crime Government 96

Fintech Finance

NOVEMBER 12, 2024

Mastercard today announces Biz360, a comprehensive digital solution designed for providers to equip their small business customers with a simplified way to manage the most critical aspects of running and growing a business. Digitization is non-negotiable for small businesses. network.

Small Business 52

Small Business Visa Innovation Economy 52

The Fintech Times

MARCH 12, 2025

” Empowering SMEs with CredibleX Mastercard will also integrate its Small Business Credit Analytics into CredibleXs embedded financing journey, providing CredibleX with enhanced data-driven insights based on anonymised and aggregated transaction data. Khalil , division president, East Arabia, at Mastercard.”We

Visa 75

Visa Financial Literacy Small Business Payments 75

Fintech Finance

JANUARY 20, 2025

Late invoices are the primary culprit for causing cash flow problems for businesses according to two fifths (41%) of UK small and medium-sized enterprises (SMEs) while making sure the bills are paid was an issue for a third (32%) and having access to emergency cash (21%) was also top of the list. This way we all thrive.

Payments 98

Payments Small Business Mitigation Faster Payments 98

Fintech News

JANUARY 22, 2025

The digital revolution in Southeast Asia (SEA) is transforming consumer behaviour, with the region’s digital economy projected to hit US$1 trillion by 2030. Tackling Fragmentation with Unified Solutions Source: Freepik Managing diverse payment channels and methods can be complex for businesses.

Payment APIs and Integration 117

Payment APIs and Integration eWallet SARS Privacy 117

The Fintech Times

MARCH 4, 2024

Allica Bank , which offers full-service banking for SMEs with between five and 250 employees, is backing a new campaign looking to shake up the SME business savings market, which is leaving small businesses shortchanged.

Small Business 64

Small Business Economy Treasury Finance 64

The Fintech Times

MARCH 10, 2025

While late payments are a constant concern for small and medium businesses (SMBs), their impact continues to grow, according to a new report from bank payment company GoCardless. Meanwhile, 50 per cent revealed concern over the number of late payments rising over the next 12 months.

Small Business 52

Small Business Payer Payments Economy 52

The Fintech Times

JUNE 18, 2024

GoCardless has partnered with the Federation of Small Businesses (FSB) to help provide practical tips and advice to tackle late payments. The FSB GoCardless Late Payments Hub aims to support small businesses by offering guidance on minimising payment administration, improving cash flow as well as evaluating different payment methods.

Small Business 59

Small Business Payment Solutions Payments Payments Strategy 59

Fintech Finance

OCTOBER 16, 2024

Leading digital bank Monzo today announces that it has over 500,000 business banking customers and launches a new plan for bigger small businesses called ‘Team’. The new plan gives business owners more control over managing their finances and saves them from endless expense admin. TS Anil, CEO of Monzo, said : “The 5.5

Small Business 73

Small Business Accounts Payroll Finance 73

The Fintech Times

MARCH 28, 2025

The company’s commitment to financial inclusion is evident in its pledge to connect one billion people to the digital economy by 2025, including 50 million small businesses and 25 million women entrepreneurs. This extensive network positions Ethio Telecom as a major driver of Ethiopia’s digital economy.

Financial Inclusion 69

Financial Inclusion Visa Cross-Border Cross-Border Payments 69

Clearly Payments

NOVEMBER 6, 2024

payment processing market remains a major player in the global economy, with transaction volumes that highlight the sector’s vast scale and continued expansion. payment processing industry is essential to the country’s economy, supporting millions of businesses with access to secure, efficient payment solutions.

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

Neopay

NOVEMBER 26, 2024

of UK businesses – a staggering 5.6 million enterprises – the findings underscore the potentially devastating financial and operational toll of fraud on both businesses and the economy. This shift in consumer behaviour highlights the critical role of trust and security in sustaining business operations and consumer confidence.

Small Business 52

Small Business Fraud Prevention RTP Online and Mobile Banking 52

Fintech Finance

APRIL 7, 2025

This solution is designed to elevate payment acceptance capabilities for small and medium enterprises, driving the widespread adoption of contactless payments while accelerating the country’s digital transformation agenda.

Visa 85

Visa Digital Payments Payment Solutions Payments 85