Many hands make light work, but digital solutions remove the need for hands. And scaling operational productivity without scaling headcount, particularly within the back-office, is increasingly top of mind for today’s businesses of all shapes and sizes. After all, among the core processes that directly...
Santander Consumer is expanding its small business offering to all auto dealers using its platform. The program lets small business owners and entrepreneurs finance vehicles through the lender’s consumer banking division, broadening their available financing options, Santander said in a news release Monday (Sept. 16)....
Embedded lending offers convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This proves impactful for individuals and microbusinesses and small businesses (MSBs) that want to align their cash flow and expenses. In India, 15% of consumers and 37%...
Small- to medium-sized businesses (SMBs) often find themselves in a constant struggle to manage cash flow, focusing more on survival than growth. Many SMBs use outdated cash management practices, which leads to mounting pressures from delayed payments and inefficient processes. The PYMNTS Intelligence report “From...
While no two small and medium-sized businesses (SMBs) are alike, many face similar challenges. And those challenges tend to be related to the widening gap in digital transformation when it comes to the back office and payments functions of SMBs versus their larger, enterprise peers. Still,...
In an era where technological advances promise unprecedented efficiency, small and mid-sized businesses (SMBs) contend with a persistent issue: delayed payments. This financial bottleneck, stemming from outdated processes and slow manual systems, threatens the stability and growth potential of SMBs. As the landscape shifts, a...
Payment-as-a-Service provider UNIPaaS has launched a small-business-focused invoice payments partnership with American Express. The collaboration, announced by the London-based UNIPaaS Tuesday (Sept. 3), will let small- to medium-sized businesses (SMBs), give customers the option of paying invoices with American Express (Amex) Cards through the UNIPaaS...
Embedded lending is growing in popularity around the world. It offers convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This proves especially impactful for individuals and microbusinesses and small businesses (MSBs) that want to better align cash flow...
Citigroup is reportedly looking to increase its revenue by adding smaller clients. Traditionally known for serving only the largest clients, the bank has expanded its focus to include small- to medium-sized businesses (SMBs) with annual revenues between $10 million and $3 billion, the Financial Times...
