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FIS | May 14, 2020
With the second phase of the U.S. Small Business Administration’s Paycheck Protection Program (PPP) well underway as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, thousands of small businesses and merchants across America will soon be turning their attention to seeking forgiveness of loans they have borrowed through the historic lending relief program. Financial services technology leader FIS ™ (NYSE: FIS) today announced a new portal for use by parti...
PYMNTS.com: | April 08, 2020
Recognizing that Main Street is being hard hit by the coronavirus pandemic, Mastercard committed $250 million over the next five years to support small- to medium-sized businesses (SMBs), according to a press release. The announcement came during the virtual America CARES Small Business Relief event hosted at the White House on Tuesday afternoon (April 7). The New York-based credit issuer pledged to help defend businesses and their employees through free cyber vulnerability assessments and ident...
FINANCE
Raistone | April 06, 2022
Raistone today announced a collaboration with Mastercard set to simplify business-to-business (B2B) finance payments and speed up access to working capital for small- and-medium-sized businesses ("SMBs"). Using Mastercard's virtual card technology, Raistone will tap into secure payment innovation to streamline finance approval processes that can exclude SMBs from accessing essential funds needed to sustain and scale their business. This innovative use of virtual cards promotes dive...
eSellerCafe | April 15, 2020
Small and micro-businesses are facing an unprecedented challenge in light of COVID-19. In the U.S., nearly two-thirds have temporarily closed or are planning to so in the next two weeks. Around the world, small and micro-businesses account for more than 90% of global businesses and 50-60% of global employment. Supporting these small and micro-businesses to help get our world moving again has never been more critical. Earlier this month, the Visa Foundation announced two programs totaling $210 mi...
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