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TECHNOLOGY

WEX | April 27, 2022

WEX, the global commerce platform that simplifies the business of running a business, announced the launch today of Flume, a digital payment platform designed to enable fast, transparent payments for small and medium businesses (SMBs). The brainchild of the company’s incubator WEX Ventures, Flume is a unique digital wallet specifically designed to support the 30 million U.S. businesses currently relying primarily on slow, analog payment methods. Unlike most payment platforms focused on dig...

Veem | May 13, 2020

Eighty-one percent of small U.S. companies surveyed by Veem expect the new coronavirus pandemic to affect their business over the next 12-16 months. Of the 690 firms surveyed, 65% said they had either submitted an application for the federal aid or planned ...

SMALL BUSINESS TRENDS

Intuit QuickBooks | April 26, 2022

Intuit declares May as Small Business Success Month for the second consecutive year. The month will feature various activities, including a Town Hall with the United States Small Business Administration and the launch of a new celebration day on May 31: Small Business Hero Day. Alex Chriss, EVP and GM, Small Business & Self Employed Group at Intuit, said, “Every day, millions of small businesses across the U.S. serve their customers, strengthen their communities and play...

Yahoo News | March 09, 2020

State-owned bank Natwest has announced a £5bn ($6.5bn) package of support for UK small businesses hit by coronavirus. Natwest, which is owned by Royal Bank of Scotland (RBS.L), said Monday it was setting up a £5bn working capital facility that would help small and medium sized businesses hit by the economic fallout from coronavirus. New measures announced include emergency no-fee loans, loan repayment holidays of up to six months, emergency overdraft extensions, and help with cashflo...