PYMNTS

MARCH 30, 2020

For most small businesses, the dawn of the new decade was filled with optimism for their futures. For them, it all depends on how long the current lockdown/shutdown lasts and when consumer demand will return — and at what level. And without any certainty about when demand may return. In other words, not right away.

On-Demand 92

On-Demand Credit Cards Returns Shutdown 92

PYMNTS

JUNE 24, 2020

The United States economy is steadily reemerging from the COVID-19 pandemic-induced shutdown. Businesses are reopening to a different reality than the one that existed just three months ago, however. This requires businesses to spend most of their PPP funding on payroll. The centerpiece of these efforts in the U.S.

Payroll 94

Payroll Checks IRS Shutdown 94

PYMNTS

SEPTEMBER 28, 2020

But that’s changing by the day, pushed by the strict lockdowns and shutdowns of the physical commerce sphere as the pandemic hit Italy incredibly hard in early spring and held on for weeks. “Unfortunately, our country was one of those where technological understanding and tech culture is low.”. Amazon is the biggest winner.”.

Push-to-Card 94

Push-to-Card Shutdown Consumer Contactless Payments 94

PYMNTS

MAY 25, 2020

If Amazon sees any M&A deals this year, it will likely be on the infrastructure side: shipping, return platforms and payment mechanisms. The Facebook-sponsored Small Business Roundtable results were among the truly stunning aspects of the business side of the pandemic.

Shutdown 64

Shutdown Returns On-Demand Government 64

PYMNTS

MAY 20, 2020

The majority of firms we talked to in our most recent survey of SMB owners believe that what’s happening now will mark a change in how they do businesses going forward. They think a shift to digital will be a feature that lasts well beyond the shutdown period. Will The Platforms Save Main Street?

PayPal 70

PayPal FinTech Small Business Shutdown 70

PYMNTS

JULY 2, 2020

Even before any official shutdowns, 43.8 economy, typified by the looming failure of millions of Main Street small businesses. “By That tracks roughly with expectations around the idea of “normal” returning, but 10 percent of respondents don’t think the old normal is coming back at all. Similarly, 49.4 percent of U.S.

Returns 52

Returns Consumer Research Shutdown 52

PYMNTS

DECEMBER 16, 2020

Main Street SMBs across the board are fairly optimistic about the return to normal in the economy – largely premised, it seems, on the recent news of vaccine development. But that optimism is translating into an expectation among SMBs that things will return to normal sooner than most consumers expect.

On-Demand 112

On-Demand Shutdown Returns Consumer 112

CB Insights

JULY 17, 2018

North 3rd Street Market opened in Williamsburg, Brooklyn, in May 2018, just in time for the dreaded L train shutdown. But with commercial rents continuing to rise in most urban areas, it’s been a challenge both for small businesses and national retailers to find affordable space. The sushi kiosk: Miso Ko.

On-Demand 69

On-Demand Automation Origination Fed 69

CB Insights

OCTOBER 31, 2017

We needed 40% day-one returns and were closer to 25%. Most surprising was the sudden shutdown of Sprig, a startup in the beleaguered food-delivery space that first received funding in 2013. ” Title: Why is Finance for Small Business Still Broken? Dealstruck closed its doors after more than three years in business.

Posting 78

Posting Product Online and Mobile Banking On-Demand 78

CB Insights

NOVEMBER 9, 2017

. “The general consensus of the employee base is that there was mismanagement of finances,” said one former company executive… The day after the shutdown announcement, one Mode manager of an overseas office described receiving frantic emails from headquarters requesting immediate transfer of all funds and assets back to the US.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Shutdown Push-to-Card 78

PYMNTS

OCTOBER 19, 2020

For Main Street businesses, the pain isn’t the result of just one shop or restaurant closing down, since the churn of small businesses is part of the small business reality – particularly in the retail and restaurant sector. And it may not for a long time. The hustle on Newbury Street has lost its bustle.

Blocks 79

Blocks Consumer Returns Small Business 79

PYMNTS

JANUARY 17, 2019

After months of record highs, small business optimism has apparently begun a downswing — or has it? The latest research on the topic reveals a multifaceted view of small businesses’ economic and financial outlook in the U.S., for the forth month in a row, citing National Federation of Independent Business analysis.

Small Business 61

Small Business Research Shutdown Disputes 61

PYMNTS

JANUARY 18, 2019

The record-breaking government shutdown is at the center of debate, largely for its impact on unpaid government workers. While President Donald Trump authorized federal government workers to receive back pay when the shutdown is over, employees of vendors with government contracts are not guaranteed the same safety net.

Shutdown 71

Shutdown Government Governance Payments 71

PYMNTS

DECEMBER 17, 2020

Interestingly, small business formation is at a multi-year high, as estimated by the Census Bureau. Small Business Solutions Matt Baker , Zoku Sushi CEO Charlie Yi and The Better Box owner Tamekah Bost said that innovations – particularly payments innovations – are helping to position them for a digital-first, and brighter, future.

Small Business 46

Small Business Shutdown Point-of-Sale (POS) B2B 46

PYMNTS

APRIL 13, 2020

workforce, and whose businesses had been hard hit by the #stayathome requirements of the COVID-19 pandemic. That was the day the SBA PPP rescue relief effort began accepting applications from banks on behalf of their small business customers. Small businesses can’t survive weeks without demand. November is 8.5

Payroll 115

Payroll On-Demand Returns Economy 115