PYMNTS

SEPTEMBER 21, 2020

But 2020 isn’t a normal year, Visa ’s Global Head of Business Solutions Kevin Phalen told Karen Webster on the eve of National Small Business Week , and restaurateurs, like every other Main Street business everywhere now brace for a holiday season without precedent. She’s not unusual, Phalen said. Growing the Omnichannel Tent.

Maine 294

Maine National Study New York 294

PYMNTS

AUGUST 20, 2020

A new survey from Citizens Bank says businesses are jumping into the real-time payments opportunity. Embracing the opportunity to enhance existing payment rails, AscendantFX Capital announced recently its joining of the SWIFT network and adoption of its gpi service. Businesses Ready To Jump Into RTP. Visa Joins NACHA Pilot.

Groups 252

Groups Payments Survey Data 252

PYMNTS

JUNE 2, 2020

While the AAFA is taking its concerns to the government, the National Retail Federation (NRF) has expressed cautious optimism. Census Bureau — the Household Pulse Survey , the Small Business Pulse Survey and the Business Formation Statistics report. Brookfield is targeting $5 billion to be put toward the fund.

Retail 131

Retail Groups Washington Survey 131

Abrigo

NOVEMBER 29, 2021

To remain competitive, some of the nations’ largest banks have introduced new products. Capital One and Fifth Third Bank have launched programs to give customers early access to direct deposits, up to two days. At noncommunity banks, share of net operating revenue from noninterest income fell to 34% from 39% in the same timeframe.

Community Bank 195

Community Bank Community FDIC Trends 195

PYMNTS

OCTOBER 1, 2018

63 percent of SMBs sought a loan for working capital needs last year , including payroll, inventory and supplies, according to new data from S&B Global Market Intelligence. Nearly half of the small business borrowers surveyed said the main reason they haven’t used a digital lender is because they are unfamiliar with them.

Lending 115

Lending Survey Data National 115

PYMNTS

APRIL 27, 2020

As Bank of America CEO Brian Moynihan said on “Face the Nation” this past week, “It’s clear that between Congress, the administration and the American people, we need to get all these funded and not make this a foot race. Banks’ websites went down, and so did the Small Business Administration (SBA’s) sites. Just get the work done.”.

Columbus 149

Columbus Ohio Capital New York 149

BankBazaar

JANUARY 31, 2021

The National Sample Survey Office conducted a survey between 2017 and 2018, sampling 113,823 urban and rural households. The survey reported that out-of-pocket expenses for a single hospitalisation in private hospitals costs Rs. We await the operational details of the scheme now. percent of the rural and 80.9

Metro 122

Metro Taxes National Survey 122

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and global stock markets are also top concerns among entrepreneurs surveyed by the bank.

Taxes 144

Taxes America National Community 144

PYMNTS

MARCH 30, 2020

Today, nearly all SMBs (those that remain in operation, that is) have been forced to divert that sense of optimism into a battle for their survival. Already, in the space of those three weeks, 5 percent of the SMBs we surveyed reported closing their doors for good. A third (33 percent) aren’t sure they will. Nearly 30 (29.4)

Maine 232

Maine Data Capital Study 232

Independent Banker

NOVEMBER 30, 2022

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. We don’t operate from a position of fear.”. Grand Ridge National Bank.

Community Bank 169

Community Bank Community Montana Leadership 169

Independent Banker

JUNE 30, 2022

We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls. Dakota Community Bank & Trust, National Association.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

MAY 2, 2016

aren’t taking full advantage of resources and services provided by national and local governments, a new report from Fifth Third Bank has found. It’s OK to have a portion of your personal wealth in your business, but you shouldn’t drain your savings or create excess debt to fund daily business operations,” he stated. “By

Resources 100

Resources Community National Capital 100

Abrigo

JULY 15, 2015

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice. The advantage of working capital is obvious to some degree.

Management 150

Management Resources Capital Taxes 150

PYMNTS

MAY 24, 2018

A new survey released this week by the U.S. It’s unclear, however, whether SMBs in other markets around the globe will feel the positive effects of FinTech in their own global trade operations. Federal Reserve finds small businesses are enjoying boosted confidence (and revenues). But how are SMBs faring on a global scale?

Survey 100

Survey Fintech blockchain New York 100

PYMNTS

AUGUST 20, 2018

Consider India, where EY estimates in a recent survey that in India, companies are finding it a challenge to navigate GDPR. As the research shows, 63 percent of respondents to the survey — those who were, in fact, aware of the mandates — were non-compliant.

Fintech 101

Fintech Survey Regulation Resources 101

PYMNTS

APRIL 21, 2020

To drill into the language a bit, the language from the coronavirus relief bill outlined that businesses with fewer than 500 employees were eligible for loans, and the loans would be forgiven if those firms used the funding to cover operating expenses including payroll and did not lay off workers or rehired those who were laid off by June 30.

Maine 130

Maine National New York Operations 130

PYMNTS

JUNE 21, 2016

According to a survey conducted by the chamber, there are negative effects of such legislative efforts , with businesses noting that they have been forced to increase prices for their customers as a result of regulatory impacts or have had to delay or cancel investments for growth. Last week, reports emerged that the U.S.

Survey 101

Survey Regulation Compliance National 101

Abrigo

JANUARY 22, 2015

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

JUNE 3, 2020

RH, which operates several online brands such as RH Teen and RH Ski House, and whose retail presence is also known as Restoration Hardware, is one of the most successful curators of luxury furnishings and décor. percent over 2018 to $2.647 billion, adjusted operating margins reached 14.3

Retail 130

Retail Online Marketing Study 130

PYMNTS

JANUARY 15, 2019

As many as 73 percent of those surveyed said that it remains difficult to gather the funding needed to get a business off the ground. 30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. And 61 percent of those queried said they self-funded their business.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

AUGUST 12, 2020

To gauge the economic health and vitality of local economies, one need look no further than the financial stability of the small and medium-sized businesses that line the main streets and side streets of communities across the nation. One of the digital tools in which Main Street SMBs show great interest is real-time merchant fund settlement.

Maine 183

Maine Survey Study Tools 183

PYMNTS

MAY 15, 2017

Small Business Administration, Linda McMahon, spoke in front of the United Nations last week urging small businesses to step onto the global stage. ” McMahon also cited struggles SMEs face when seeking financing to help them expand their operations. The head of the U.S.

United States 116

United States America Survey National 116

PYMNTS

MARCH 12, 2020

PingPong did an exclusive survey of 500 merchants about their inventory level and sales expectation. More than half of respondents indicated that their total inventory in possession (FBA, in transit or received) will last less than two months, while close to 25 percent of those surveyed had inventory for less than a month.

Innovation 283

Innovation Policies social media Examples 283

PYMNTS

JUNE 6, 2019

Credit unions (CUs), meanwhile, are rarely the first point of contact for small businesses in need of capital or other financial services, according to a recent Federal Reserve report. percent of credit unions surveyed saying FinTech firms are their most important solution partners. government wants to change that.

Lending 129

Lending Analytics Data Security 129

Abrigo

JUNE 5, 2015

Sorrentino says, “As the backbone of the US economy, our nation’s growth depends on community banks figuring out how to operate in this ever-increasing regulatory environment. Sageworks is currently conducting our biennial Bank and Credit Union Examination Survey , which focuses on federal exam experiences.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

BankUnderground

AUGUST 30, 2023

Profits versus excess profits: measurement and trends Measuring profits is a challenging task : national accounts data are affected by the ‘mixed income’ of self-employed, taxes and subsidies, and conflate two different dynamics: those of the market and non-market (real estate and public) sectors.

Capital 57

Capital Comparison Maine Industry 57

PYMNTS

NOVEMBER 27, 2018

So, access to capital isn’t just essential for these companies to survive — it’s critical for the economy to thrive. Nearly half of all small businesses surveyed plan to take out a loan in the next year, and nearly two-thirds anticipate a sales increase (only 5 percent expect their sales to decline).

Lending 159

Lending Fintech Capital Report 159

PYMNTS

DECEMBER 3, 2020

It is literally under new management since it was acquired by Inspire Brands in November 2019 — a portfolio firm for Atlanta private-equity firm Roark Capital that also owns Arby’s, Buffalo Wild Wings and (soon) Dunkin Donuts and Baskin Robbins Ice Cream. All brands that incidentally already have DoorDash delivery deals.

Branding 157

Branding Atlanta Survey US 157

Abrigo

MARCH 28, 2020

The SBA is drafting guidance in the hopes of publishing it in the Federal Register as soon as possible after the bill is signed, said Bill Briggs, Senior Advisor for the SBA’s Office of Capital Access. We need our lending institutions to help provide capital to these small businesses,” Briggs said. learn more. Learn More. Learn More.

Lending 221

Lending Capital Guidelines Data 221

PYMNTS

SEPTEMBER 14, 2016

referendum would impact the markets, but immediately after the nation voted to leave the European Union, it was too soon to decipher who got it right and wrong. This week, alternative lending platform C2FO published its most recent Working Capital Outlook Survey , released annually. Analysts quarreled over how the U.K.

Survey 100

Survey Trends Capital Lending 100

PYMNTS

MAY 18, 2017

It’s hardly a surprise: SME optimism has dominated headlines, with analysts linking the trend to President Donald Trump’s administration and plans to strengthen the national economy and focus on small business growth. In its second annual SMB Confidence Indicator , OFX’s survey of 500 U.S. is on the rise. the data revealed.

social media 100

social media Analysis United States National 100

PYMNTS

DECEMBER 12, 2016

“The good news,” said ThinCats Founder and Chairman Kevin Caley in a statement, “is this tightening of lending from banks has encouraged us to become a nation of peer-to-peer lenders, giving everyday investors the opportunities to make healthy returns through the emergent alternative finance sector.”. In the U.S.,

Survey 100

Survey Analysis Florida Lending 100

PYMNTS

OCTOBER 15, 2018

Moving beyond the partisan issues at play, the controversy highlights how important the census is to commerce and payments, and how just a single change to what’s asked on the national, constitutionally-mandated survey could spark anxieties among retailers, marketers and others.

US 143

US Los Angeles Data Retail 143

PYMNTS

NOVEMBER 2, 2020

In years to come, it’ll be hard to find anything as studied and surveyed as COVID-19’s effects on commerce. Contactless payments took wing in 2020 and, given the venture capital flowing into facilitating greater payments choice overall, it’s a safe bet that digital-first payments are here to stay.

Study 205

Study Cards Payments Innovation 205

PYMNTS

DECEMBER 3, 2019

But with recent investment by Blue Star Capital, the company is expanding into the B2B realm to address cross-border corporate payments hurdles. For global businesses, national borders are less and less relevant,” SatoshiPay CEO Meinhard Benn recently told PYMNTS. However, he noted, global payments friction runs rampant.

Payments 134

Payments blockchain Tools Meeting 134

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Leading the challenges for bankers responding to this year’s survey are increasing loans (56.1%) and increasing earnings (54%). What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

APRIL 22, 2020

Facing public outcry over its $10 million PPP loan, Shake Shack parent Union Square Hospitality Group ( USHG ) announced that it will return its funds, as it has access to other capital to help it stay afloat and pay more employees during the pandemic. . USHG noted that it’s burning through money and facing operating losses of over $1.5

Kentucky 237

Kentucky Community Groups Community Bank 237