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New Data: Inside Main Street SMB’s Digital Shift

PYMNTS

Businesses that did not have online shopping channels were unable to sell their products, and restaurants that did not offer online ordering for pickup or delivery could not serve their customers. In Main Street On Lockdown: Business Recovery edition, we surveyed 431 SMB owners from across the U.S. Our study finds that 33.4

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New Main Street Business Plans Restart Optimism In Post-COVID Picture

PYMNTS

Optimism around new business is materializing on Main Street, among other places, with small and medium-sized businesses (SMBs) reopening. Twenty-five percent of Main Street SMBs now say they are operating with capacity restrictions, whereas 38.6 percent of SMBs now say they are closed because of the pandemic, compared to 33.9

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FinTechs Help Main Street Find Its Footing

PYMNTS

Department of Justice’s first case of alleged PPP fraud, small businesses quickly came to realize that government relief will not be the silver bullet they need to survive the market downturn. The consensus on Main Street, however, is that the old ways of doing business may be gone for good. The Road To Recovery.

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The State Of Main Street In 2020’s Second Half

PYMNTS

The first half of 2020 was a tough time to run a small business on Main Street as stay-at-home orders closed down restaurants and retailers for much or all of the past five months. That requirement of rapid change left many Main Street merchants deeply shaken and worried about their futures.

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How Big Tech And FinTech Are Trying to Save Main Street SMBs

PYMNTS

Most businesses have been hit hard by the global pandemic, but perhaps no segment has been more crippled or left with a future more uncertain than the Main Street local establishments that rely on daily sales for traffic. percent reporting they lean “much more” on online sales. That includes 34.8 Only a third of those polled (30.7

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Why Main Street SMBs Are A Greenfield For InsurTech

PYMNTS

Insurance may not be the most flashy or exciting of industries, but its continued reliance on paper and inefficient underwriting processes makes the market a prime target for technology disruptors. “I thought, surely, this would all have gone digital, and that I could go online and buy a policy in five minutes or less,” he said.

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Disbursements, Main Street SMBs And BarkBox’s Merger With SPAC Top This Week’s News

PYMNTS

We have deep dives on disbursements, Main Street small- to mid-sized business (SMBs) and BarkBox reportedly combining with Northern Star Acquisitions Corp. Why Affirm Would Delay Its IPO Amid A Hot Market . There aren’t many online payment providers that have successfully gone offline. BarkBox To Go Public Via SPAC At $1.6

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