Small Business News Archives - Page 3 of 28

Category: Small Business News

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Intuit Announces AI-Powered Intuit Assist for Small Businesses

Intuit has revealed plans to roll out a new AI-powered tool called Intuit Assist that will help both small business customers and other consumers. About Intuit Assist: This week, Intuit announced the launch of its new generative AI tool Intuit Assist. According to the company, users will interact with the tool in four main ways: "Show me," "Do it for me, " "Guide me," and "Help me." Additionally, the new...
Taltech POS device

Elavon Launches Latest Talech Terminal for Small Businesses

U.S. Bank subsidiary Elavon has unveiled the newest addition to its Talech ecosystem for small businesses. About the new terminal: Meant to serve as an extension of its Talech Register which it launched in 2022, the new Talech Terminal (stylized as "talech Terminal") is an Android-based point-of-sale system that will further enable small business owners to accept payments anywhere. As the company notes, the device features a built-in card reader and...
woman mechanic working on a car

Progressive, Hello Alice Name 2023 Small Business Grant Winners

Progressive Insurance and Hello Alice have just named the winners of their latest Driving Small Business Forward grant program. About the program and the winners: Launched in May, the 2023 edition of the Driving Small Business Forward program invited entrepreneurs to apply for a chance to win one of ten grants. While the inaugural edition of the program saw grants going to Hispanic business owners, this year's installment aimed to support Black...
Venmo Small Business Grant Program promo

Applications Open for 2023 Venmo Small Business Grant Program

Another small business grant opportunity has emerged, giving entrepreneurs a chance to win up to $10,000 for their operation. About the program. The peer-to-peer payment app Venmo has announced that applications for their second annual Venmo Small Business Grant program are now being accepted. This year's program will see 20 businesses receiving $10,000 each. These funds can then be used to cover expenses such as rent, advertising, etc.. Plus, in...
Paychex job growth chart

Paychex Small Business Jobs Index Ticks Down in June 2023

The latest report from Paychex shows that the rate of small business hiring decelerated in June of this year. About the report: This week, Paychex updated its monthly Small Business Jobs Index, which measures the rate of small business job growth. In June the index inched down to 99.21 from 99.45 in May. This also continued a downward trend, falling from 99.73 in March. It's also well off from a high...
Square Credit Cards

Square Launches Square Credit Card, New Cash Flow Tools

The popular small buisness point-of-sale system Square has announced several new tools, features, and updates that are meant to better help sellers manage their cash flow. About the announcements: This week, Square announced that it was launching new cash flow management products in beta. Perhaps most notably, this includes the Square Credit Card, which will operate on the American Express network (although it will be issued by Celtic Bank). According...
Intuit logo

Intuit Announces IDEAS Pilot Program for Small Businesses

Intuit, which owns several small business tools from QuickBooks to Mailchimp, is launching a new pilot program that will support small businesses — starting with minority-owned businesses in the greater Los Angeles area. About the program: This week, Intuit announced the launch of its Intuit IDEAS program — with IDEAS standing for Invest, Develop, Empower, Accelerate, and Scale. For this initial pilot program, the company is partnering with the Los...
Open business sign

Survey: Two-Thirds of Small Businesses Expecting Recession

A new survey from Nationwide finds that small businesses in the U.S. are increasingly growing concerned about the economy — even as they continue to roll back pandemic-era cost-cutting measures. The survey results: Headlining Nationwide's survey is the fact that 68% of respondents stated that they expected a recession to hit within the next six months. What's more, of those small businesses who anticipated a recession, 71% predict that it...
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A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...
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Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
Chase Freedom Flex card

Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories: Amazon.com, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...