Payments News

On The Web

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Global

Hoping to be LatAm’s Top Digital Bank for SMBs, Xepelin Launches a Lending and Revenue Management Service

“There’s another entrant in the startup race to provide financial services to Latin America’s small and medium-sized businesses. Financial services have been a huge opportunity for startups coming out of Brazil, Colombia and Mexico in recent years, and now Xepelin , a new company from Chile, is looking to join the fray.”
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Users

Kabbage Launches Custom Loans for Small Business

“Kabbage Inc., a provider of cash-flow solutions to small business, announced the launch of a custom loans program for Kabbage Payments customers. The program allows small businesses to get anywhere from a three-day to 45-day loan that they may repay in full or allocate 100% of Kabbage Pay revenue toward the balance.  Custom loans have a […]
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On The Wires

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Companies

Is Your Business Ready for the Digital Future? Mastercard Launches Small Business Digital Readiness Diagnostic to Help Businesses Go Digital

“As small businesses accelerate digital transformation efforts in response to the pandemic, today Mastercard is announcing the U.S. launch of the Small Business Digital Readiness Diagnostic , a free online tool to help entrepreneurs future-proof their businesses for a digital world. The new Diagnostic tool is an expansion of Mastercard’s Digital Doors curriculum, which helps […]
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Users

Visa and Wave Join Forces to Improve Cash Flow Management for Small Businesses

“Visa (NYSE:V), and Wave , the financial platform for millions of small business owners, today announced a new, limited release payments solution that aims to transform the way small businesses manage their cash flow and provide merchants quicker access to funds. Utilizing Worldpay’s acquiring platform, Wave’s new Instant Payouts feature integrates Visa Direct, Visa’s real-time1 push […]
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Users

Bank of America Introduces New Digital Tools for Small Business

“Bank of America today introduced Business Advantage 360, a new digital dashboard designed to make it easier for entrepreneurs to manage the various financial aspects of their business. Available for the first time to any Bank of America client with a business deposit account, Business Advantage 360 provides a complete view of business cash flow and […]