Small and Medium Enterprise (SME) stories - Page 3

Vistage's latest SME Confidence Index reveals a significant decline in economic optimism, coinciding with the appointment of Rebecca Drew as Managing Director.

An expert panel has raised concerns about government support for UK tech innovation, highlighting gaps that threaten the growth of SMEs seeking R&D funding.

A CommBank survey reveals almost 80% of Australian small to medium businesses struggled with cash flow last year, prompting various strategies for relief.

Canada's government has announced an investment of over CAD $7.3 million towards eight projects aimed at boosting local businesses in Quebec's Outaouais and Laurentides regions.

London-based Guavapay has reported a remarkable 71% growth in annual revenue for 2024, driven by a larger customer base and staff expansion.

Kaspersky's report reveals that 88% of businesses faced cyber attacks last year, highlighting the urgent need for improved network security measures.

Chris Wilson has been appointed Chief Financial Officer at payments platform Ecommpay, bringing a wealth of experience from the music and finance sectors.

Gamma plans to acquire STARFACE Group from Maxburg to strengthen its foothold in Europe's cloud communications market, pending regulatory approval.

In response to TikTok's Messaging Ads launch in New Zealand, Respond.io has introduced an AI-driven solution to help businesses streamline communication.

The UK government has unveiled its AI Opportunities Action Plan, prompting businesses to reconsider investments in AI amidst rising employer tax costs.

As cyber attacks rise dramatically, boards are urged to take an active role in shaping effective cybersecurity strategies to safeguard organisations.

The Asia-Pacific region is experiencing a payment revolution, with realtime transactions surging to 185.8 billion in 2023, reshaping financial interactions.

Respond.io and TikTok have launched an AI-driven tool aimed at enhancing customer interactions for SMEs, targeting the USD $4.1 trillion financing gap.

Employment Hero has acquired Canadian platform Humi for over CAD $100 million, aiming to expand into Canada’s SME market with tailored employment solutions.

The International Workplace Group forecasts significant shifts in work practices by 2025, warning that enforcing daily office attendance may trigger mass resignations.

Cybersecurity firms are bracing for a surge in AI-driven threats by 2025, with SMEs particularly vulnerable to sophisticated phishing and data breaches.

UBH Group is the first firm in the Southern Hemisphere to achieve ISO 19443 certification, bolstering Australia’s nuclear supply chain readiness.

Groyyo has promoted Nitin Jain to Co-Founder, recognising his vital role in the company's rapid growth in international markets, particularly exports.

Australia is set to enhance its cybersecurity by introducing mandatory reporting laws for ransomware payments, aiming to strengthen national resilience against cyber extortion.

Multiverse Partners Technology has launched the SELODE Mother Box, an AI device for SMEs in Australia, providing secure, on-premise data management.