Intensifying competition in the cyber insurance space will lead to more price competition as smaller firms seek to bolster protection.
Economic uncertainty has slashed small and medium-sized business (SMB) satisfaction with their payment service providers (PSPs). This is intensifying competition between acquirers and processors, banks, fintechs, and the vendors that serve them. Providers must enhance and simplify access to cutting-edge solutions that solve key pain points—or risk losing share.
Fintech is an easy scapegoat for a bigger problem: To keep nonbanks from benefiting from a new small-business lending rule, some objectors pointed to PPP fraud.
A rule on lending to small businesses arrives: The long-awaited regulation on disclosure of owners’ demographics, among other data, also has a weird part.
They launched BMO Bill Connect, which helps SMBs automate bill pay, digitize invoicing, and monitor cash flow.
TikTok’s “Sounds for Business” library needs an expansion fast: The new library is designed to court small businesses, but the small catalog could be a problem.
NBCU leans into measurement partnerships to court CTV budgets: Peacock looks to figure prominently in new offerings.
TikTok deal with IMDb enables discovery feature: Users can link to TV and movie content in their videos.
Security incident breaks Rackspace hosted email: Loss of access to emails exposes the fragility of relying on cloud providers to handle and protect businesses data. Backspace’s failure could cost customers millions.
Small-business and BNPL growth underscores two holiday trends and could direct investment for 2023.
What the IPO backlog and tumbling valuations mean for fintechs: More down rounds and private equity buyouts could be on the way.