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SMBs Use New Bankruptcy Law To Save Businesses

PYMNTS

A new law could make it easier for businesses to file for Chapter 11 bankruptcy and remain open, with more leverage for small businesses and easier ways to force negotiations with suppliers and landlords, The Wall Street Journal (WSJ) reported. The company’s quick expansion had already saddled it with debt.

Texas 156
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New WEX EDGE Business Savings Network To Boost Small Fleets

PYMNTS

WEX , which works in finances for companies in industries like fleet, travel and healthcare, has a new business savings network called WEX EDGE to help smaller companies get a leg up in doing business, according to a press release.

Analytics 150
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Square launches checking and savings products for small businesses

BankInovation

Digital payments company Square unveiled on Tuesday a new suite of financial products for small businesses. The rollout of Square Banking includes new savings and checking products, with the savings accounts issued through Square Financial Services, the company’s industrial bank, a wholly-owned subsidiary of Square that began operations?in

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This Week In Payments: Saving Small Business

PYMNTS

The first half of 2020 has been rough on small businesses of all kinds, whether they had to close their doors due to public-health orders or had to relocate their staff to working from home virtually overnight. I’d say that the businesses certainly have been impacted by shelter-in-place restrictions and the economic slowdown,” he said.

Payments 176
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Celebrity Event Planner Colin Cowie On How ‘Hospertainment’ Can Save The Events Business

PYMNTS

Cowie told Webster that with no events for him to plan, he’s working on a book about hospitality, developing a new TV program and launching a hospitality consulting business that has been back-burnered for years. Cowie said one bright side of a global pandemic is that it’s forced him to innovate and diversify his business. “No

Iowa 285
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Digitizing cash flow can help save struggling businesses

Payments Source

Customers and partners will view an easy and reliable payment experience favorably, says Billtrust's Justin Main.

Maine 150