small business

Congress Urged to Reform AML Rules, Repeal Corporate Transparency Act Amid Rising Fraud Costs
Congress Urged to Reform AML Rules, Repeal Corporate Transparency Act Amid Rising Fraud Costs
April 01, 2025  |  Fraud Prevention

Witnesses from the ranks of business and banking told lawmakers that efforts to fight payment and investment scams must be aided by a “whole government”...

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FinTech SmartBiz Eyes Full-Service Banking After Buying Centrust 
FinTech SmartBiz Eyes Full-Service Banking After Buying Centrust 
April 01, 2025  |  Banking

There are roughly 33 million small businesses in the United States, employing a bit less than half of workers in the country, according to the...

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Small Business Insurer Next Sold to ERGO for $2.6 Billion
Small Business Insurer Next Sold to ERGO for $2.6 Billion
March 23, 2025  |  Acquisitions

German insurance giant ERGO is expanding into the U.S. after acquiring Next Insurance. The $2.6 billion deal, announced in a news release Friday (March 21),...

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Flowpay Raises $32.7 Million to Grow Embedded Lending Solution in Europe
Flowpay Raises $32.7 Million to Grow Embedded Lending Solution in Europe
March 19, 2025  |  SMBs

Czech FinTech company Flowpay raised €30 million (about $32.7 million) in debt financing to grow its embedded lending solution that enables small and medium-sized businesses (SMBs)...

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Only a Tiny Minority of SMBs Think Tariffs Will Have a Positive Impact on Operations
Only a Tiny Minority of SMBs Think Tariffs Will Have a Positive Impact on Operations
March 17, 2025  |  SMBs

The ultimate impact of the tariff war being waged around the globe — which, depending on the day, seems like a game of one-upmanship —...

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Digits Debuts AI Accounting Tool and Welcomes Xero Co-Founder
Digits Debuts AI Accounting Tool and Welcomes Xero Co-Founder
March 10, 2025  |  Back-office

Accounting technology company Digits has debuted its artificial intelligence (AI)-driven autonomous general ledger (AGL). The new offering, unveiled Monday (March 10) after five years of...

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Flex Raises $225 Million for Finance Platform for Business Owners
Flex Raises $225 Million for Finance Platform for Business Owners
March 05, 2025  |  B2B Payments

Flex raised $225 million in debt and equity funding to continue building its platform that manages business owners’ transactions, both business and personal. “We bid...

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32% of SMBs Favor Community Banks Over National Banks
32% of SMBs Favor Community Banks Over National Banks
March 05, 2025  |  Banking

With 16% of small and mid-sized businesses (SMBs) considering switching banks, many are turning to community banks and credit unions (CUs) for their personalized service...

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Restaurants at a Crossroads: Economic Pressures and Declining Spend Hit Hard
Restaurants at a Crossroads: Economic Pressures and Declining Spend Hit Hard
February 28, 2025  |  Restaurant innovation

As goes Main Street, so goes the overall U.S. economy. By the numbers, roughly 99% of businesses in the U.S. are small businesses — and...

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