The card, issued by Celtic Bank and powered by i2c, will be Square’s first foray into small-business credit cards.
TikTok pushes an AI advertising product: The app’s strong position is letting it experiment with machine learning to court advertisers big and small.
Meta’s Pro Quest: Mark Zuckerberg wants to replace laptops and smartphones with mixed-reality VR headsets, but he could fragment the metaverse by looking too far into the future.
Worldpay for Platforms offers embedded payment capabilities for software providers. Here’s why payment firms are targeting this group.
Network security on high alert: Security spending is rising as cyber threats and ransomware become more sophisticated. SMBs are most vulnerable yet most likely to cut expenses.
Rising labor costs cause retailers and restaurants to pause hiring: Fifty-seven percent of retailers and 38% of small restaurants have implemented hiring freezes because of inflationary pressures.
USPS commits to 40% EV fleet: Starting in late 2023, nearly half of the USPS’ fleet will be all-electric, which could accelerate EV adoption efforts as logistics companies modernize their own fleets.
The duo introduced the Fundbox Flex debit card for small small businesses and plan to add BNPL and instant disbursement through Visa Direct.
Meta touts commercial possibilities of messaging: New WhatsApp API and business messaging features offer ways to diversify revenue as ad segment comes under pressure.
Improving B2B payment automation and resolving cash flow issues provides a route into the SMB payments market.