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Business 2 Community | January 28, 2020
According to our research, 63 percent of invoices are paid within 30 days. The good news is that a majority of invoices are in fact being paid. The bad news, however, is that it’s taking a month to get paid. Invoice timing matters. That may not sound like a big deal, but when you’re waiting that long to receive a payment you’re putting your business in jeopardy. And, once a bill isn’t paid in 90 days, there’s only an 18 percent chance of ever receiving that payment....
FINANCE
CI&T | May 22, 2021
(Re)open for Business, a new report exploring how banks can best support small businesses in a post-pandemic world, was released today by CI&T, a leader in driving digital transformation for global brands. While the pandemic triggered a digital transformation in financial services, the report found that small businesses still want and need banking relationships. This report examined survey responses, focus groups, and interviews with 500+ small and medium-sized businesses in t...
BUSINESS STRATEGY
MX | October 21, 2021
MX, the financial data platform and leader in modern connectivity, today announced MXdata for Business. Built on MX's industry-leading financial data platform, MXdata for Business enhances business transaction data with cleansed descriptions, business-specific categories, classifiers, merchant logos, location data, and more. MXdata for Business provides a more holistic data solution for organizations interacting with small and midsize businesses (SMBs)—which increases the effectiveness...
GreenBox | August 03, 2021
Greenbox Capital, a FinTech in the alternative industry providing small businesses access to working capital, has announced the acquisition of Level Up Funding. The acquisition will help enhance Greenbox Capital’s existing leadership team and allow it to accelerate its long-term growth opportunity by rolling out a line of credit product, launching in additional international markets, and key enhancements of its proprietary software “The Box” to further differenti...
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