PYMNTS

JUNE 1, 2020

The nation’s manufacturing sector fell to its lowest level in 11 years in May, but other indicators suggest the worst impacts of the COVID-19 pandemic could be over, according to new data from the Institute for Supply Management (ISM). In its “ Report On Business ,” the Arizona-based trade group reported the ISM index of U.S.

US 132

US Arizona New York Groups 132

PYMNTS

SEPTEMBER 21, 2020

The ability to create loyalty via frictionless eCommerce has taken on higher importance as manufacturing firms need to adapt quicker to digital channels because of the pandemic, according to a Monday (Sept. As it stands, more than 30 manufacturing brands use GenAlpha’s Equip to supervise their aftermarket equipment business via the web.

Payments 146

Payments Online Meeting Industry 146

Abrigo

NOVEMBER 1, 2019

The General Motors strike imp acted the manufacturing sector. The precise consequence of that is tricky as there may be affected workers outside the narrow manufacturing sector, but the general expectation was on the order of 50K workers, and the BLS reports a drop of 42,000 jobs in auto manufacturing employment.

Report 150

Report Comparison National Lending 150

PYMNTS

SEPTEMBER 20, 2020

While most sectors have suffered from the pandemic, global trade has proved remarkably resilient. IHS Markit, a London-based provider of business data, reported export orders grew in 14 of 38 economies last month, compared to four in June. It is on track to be the only major economy to grow this year, researchers said.

Massachusetts 239

Massachusetts Regional Data Report 239

PYMNTS

JANUARY 26, 2020

’ business activity is on the upswing so far in 2020. If that number is above 50, it indicates a growth in business. The robust business growth is due to particular strength in the services sector, though the manufacturing numbers were not as strong, dipping from 52.4 had hit “a 10-month high of 53.1

US 141

US Survey Trends Industry 141

Perficient

AUGUST 28, 2020

Yesterday, Amazon announced its new foray into the busy wearables sector. Louis Business Journal. IoT in healthcare just gained new wings. Dominated by the Apple Watch and Fitbit, the wearables market is estimated by Gartner to reach $52 billion this year – an impressive 27% increase from 2019.

St. Louis 340

St. Louis Missouri Analytics Apple 340

PYMNTS

NOVEMBER 4, 2020

Private sector payroll was sluggish in October, according to an ADP report on Wednesday (Nov. businesses were forecast to add 600,000 jobs, according to a Dow Jones survey, per a report by CNBC. The private sector added 365,000, which is the lowest number since July.

Report 140

Report Analytics Resources Industry 140

PYMNTS

AUGUST 16, 2020

The nation’s businesses have responded, she told the newspaper, by seeking the university’s public health expertise. “I the manufacturer and marketer of tools and equipment for professional use; banks and manufacturers. to develop an enduring relationship with the business community,” she said.

US 204

US Management Company Kansas 204

PYMNTS

APRIL 1, 2019

Small businesses (SMBs) make up more than 98 percent of the U.S. manufacturing sector, according to the National Association of Manufacturers. So when small business confidence takes a turn for the worse, the manufacturing sector is particularly impacted. market in the near future. . percent of U.S.

Analysis 128

Analysis Data National Survey 128

CFPB Monitor

SEPTEMBER 6, 2023

The CFPB has filed its opposition to the motion for a preliminary injunction filed by the plaintiffs in the Kentucky federal court lawsuit challenging the CFPB’s final small business lending rule (Rule). The plaintiffs in the Kentucky lawsuit are the Kentucky Bankers Association and several Kentucky banks. Continue Reading

Kentucky 88

Kentucky Lending Texas Community Bank 88

PYMNTS

JUNE 12, 2020

“LG, which has shown a strong interest in the robot business, will develop both hardware and software for the serving robots,” LG told the Korea Times in a statement. Woowa Brothers will also join the development process, providing the technological knowhow they have built by operating the rental robot business.”.

Software 220

Software Operations Online Industry 220

PYMNTS

SEPTEMBER 30, 2020

job market continued to slowly recover in September, although small businesses reported only small gains. 30) that private-sector companies added 749,000 new jobs in September, led by increased hiring in the trade, transportation, manufacturing and healthcare sectors. Two new reports show that the U.S.

Report 130

Report National Conference Regional 130

PYMNTS

SEPTEMBER 21, 2020

As a financing tool that requires business owners to place valuable assets — whether working capital or physical — up for collateral, asset-based financing (ABF) was often viewed as a solution to a dire problem when no other options were available. Decades ago, asset-based finance developed a nasty reputation. ABL Flexibility.

Capital 256

Capital Tools Industry Lending 256

PYMNTS

JUNE 15, 2020

ByteDance is negotiating with the Lee business family, as the technology group seeks to add banking to its portfolio, sources told the Financial Times (FT). The Lee family owns several businesses including Lee Rubber Group, which manufacturers rubber products. ByteDance does not operate a digital bank, the FT reported.

Groups 268

Groups Video Digital Banking Apple 268

PYMNTS

DECEMBER 5, 2019

manufacturing sector, valued at approximately $2.4 manufacturing has encountered significant damage recently over the ongoing trade war with China. Federal Reserve said the sector entered a “technical recession” earlier this year. Federal Reserve said the sector entered a “technical recession” earlier this year.

Tools 130

Tools Resources Operations Innovation 130

Abrigo

APRIL 25, 2024

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. You might also like this guide for smarter, faster small business lending.

Lending 221

Lending Trends Capital Strategy 221

PYMNTS

JUNE 4, 2019

Reports in the New York Post on Sunday (June 2) said thousands of vendors across the globe are struggling to continue doing business with Sears, with small and independent businesses and entrepreneurs often the hardest hit. “It reflected an unhealthy manufacturing sector. ”

New York 168

New York Report Branding Retail 168

PYMNTS

JANUARY 3, 2020

Application program interface (API) technology had a standout year in 2019 as a critical component to enabling the open banking business model, unlocking financial data from silos, as well as facilitating seamless data integration and connectivity, to power a range of financial services platforms. The Pain Of Digital Transformation.

Online 131

Online Strategy Data Meeting 131

PYMNTS

SEPTEMBER 17, 2020

Even so, consumers will remain cautious about the risks of being exposed to COVID-19 as they avoid public-facing businesses. Others won’t spend because of losses of income and employment.”. Hamrick noted there could be more pain ahead if Congress and the White House fail to approve new funding to avoid a government shutdown on Oct.

US 140

US Louisiana Kentucky New Jersey 140

PYMNTS

NOVEMBER 15, 2020

A new website called FactorForYou has launched that is something of an online dating service for small- to medium-sized business (SMB) owners who want to turn accounts receivable (AR) into cash and the owners of factoring companies that make such transactions happen, according to a press release. It is a true win-win for all involved.

Company 175

Company New Jersey Illinois Ohio 175

PYMNTS

MAY 4, 2020

While the coronavirus death toll continued to rise, nearly 70 percent of small- to medium-sized businesses (SMBs) said the pandemic and the loss of revenue were temporary aberrations before they got back to business once COVID-19 ends, according to a PYMNTS survey on April 6. For some sectors, the news is even more troubling.

Maine 141

Maine Study Survey Retail 141

PYMNTS

DECEMBER 28, 2020

The garment sector is the largest part of the country's economy, representing over 95 percent of it, the report stated. billion, according to the Bangladesh Garment Manufacturers and Exporters Association. The pandemic forced many businesses to make a shift in operations toward a B2C or a direct-to-consumer (D2C) model.

Comparison 271

Comparison Retail Report Branding 271

PYMNTS

MAY 4, 2020

While the coronavirus death toll continued to rise, nearly 70 percent of small- to medium-sized businesses (SMBs) said the pandemic and the loss of revenue were temporary aberrations before they got back to business once COVID-19 ends, according to a PYMNTS survey on April 6. For some sectors, the news is even more troubling.

Maine 130

Maine Study Survey Retail 130

PYMNTS

DECEMBER 27, 2020

a Chinese manufacturer of microwave ovens, the WSJ reported. In addition to creating headaches — and fines — for Alibaba, the new measures have challenged the business practices of Ma’s Ant Group, a rising player in China’s financial services sector.

Regulation 206

Regulation Marketing Groups Report 206

PYMNTS

JANUARY 14, 2021

Although the prospect of COVID-19 vaccines has bolstered business optimism for 2021 growth, this has been tempered by concern over the recent virus resurgence and the implications for near-term business conditions,” according to the report. . Companies in the software and IT services sector reported some improvement.

Report 159

Report Survey Regional Industry 159

PYMNTS

JULY 27, 2017

Walmart announced news on Wednesday (July 26) that it had convened a broad group of individuals and organizations from the government, business and non-governmental sectors to lobby for a Policy Roadmap to Renew U.S. Manufacturing. sourcing and manufacturing , in the press release. manufacturing.”. Enhancing U.S.

Policies 111

Policies Case Study United States Boston 111

PYMNTS

JANUARY 30, 2020

Mired in a manufacturing recession, euro zone companies are challenged by lower trade. Consumers, conversely, are more optimistic for the most part as employment and wages continue to rise in an expanding service sector. Recent numbers reveal some stabilization has resulted, but the cash flow from banks to businesses was only at 0.7

Lending 130

Lending Data Policies Company 130

PYMNTS

DECEMBER 20, 2020

based supply chain trade finance platform, is rolling out its services in India, a report from The Hindu Business Online says. PrimaDollar India CEO Swati Babel cited the fact that the top 100 Indian importers bring in around $30 billion a year, saying PrimaDollar was estimating savings for that sector to be at least $50 million.

Operations 160

Operations Report Regulation Marketing 160

PYMNTS

APRIL 15, 2020

manufacturing as production has dropped to its lowest level since World War II, according to a new report by the Federal Reserve Board. The decreases for total industrial production and for manufacturing were their largest since January 1946 and February 1946, respectively,” the Fed said on Wednesday (April 15). percent dip.

US 133

US Industry Survey Operations 133

PYMNTS

JUNE 2, 2020

Wholesaling website Alibaba.com is rolling out a new program that aims to make it easier for small and medium-sized businesses (SMBs) to enter the world of global trading. Alibaba.com is a business-to-business trading platform that is a business unit of Alibaba Group.

Kansas 143

Kansas Boston America US 143

PYMNTS

MARCH 5, 2020

It follows Access Group’s other recent acquisition of People, another leader in small business HR software. Both of those acquisitions, the release states, will allow Access Group to support businesses of any size with needs for HR and payroll-related issues. Access Group has a dominant foothold in the sector in the U.K.

Groups 141

Groups Software Regional Management 141

PYMNTS

JUNE 24, 2020

While short of a travel ban, the 14-day quarantine is likely to put more pressure on the already reeling tourism sector in the Tri-State region, where businesses have been slowly reopening as infection rates steadily decline.

New York 227

New York New Jersey Connecticut South Carolina 227

PYMNTS

SEPTEMBER 22, 2020

The airline and automotive sectors have faced declining sales amid COVID-19, and steel manufacturers have long encountered strain on their bottom line. President Jay Sandler told WSJ that “credit insurance is an extremely important tool for our business.” Credit insurance is popular with U.S. Imperial Zinc Corp.

US 163

US Illinois Policies Tools 163

PYMNTS

JUNE 1, 2020

Manufacturing indexes in China show that the country’s post-pandemic economy is on the rebound, the latest reports indicate. That, she says, means creating an integrated payments experience that bridges any digital or physical touchpoint where consumers and merchants meet to do business. Here’s how he sees the future of B2B payments.

Payments 130

Payments America Survey Cards 130

PYMNTS

MARCH 30, 2020

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) released the data on Monday (March 30) on orders already made or in the works. Labor groups and manufacturers in the country have been asking major retailers to adhere to their commitments. Bangladesh is the world’s second biggest clothing exporter after China.

Retail 140

Retail Industry Branding Groups 140

PYMNTS

MARCH 12, 2020

Emotional contagion can be dangerous when it clouds the logical decisions necessary for business. “I I would argue that emotional contagion, unless we get a hold of it, is going to greatly amplify the damage caused by COVID-19,” Barsade said during a segment on Wharton Business Daily on Sirius XM.

Retail 131

Retail Resources America Software 131

PYMNTS

MAY 21, 2018

As the threat of cyberattacks increases, businesses are facing a particularly high hurdle in safeguarding their supply chains. The business and professional services industry was particularly affected by this increase, researchers noted, hit by 10 percent of global ransomware attacks.

Industry 105

Industry Regional America Security 105