Sections
small business banking
-
B2B PaymentsWave Financial Rolls Out SMB Money Management, Banking Tech
Software company Wave Financial plans to roll out a bookkeeping and banking package for small businesses called Wave Money this summer. The...
-
B2B PaymentsAion Bank’s BusinessMax Offers Digital Solutions For SMBs
Aion Bank’s newly-launched BusinessMax aims to generate high-quality digital banking services for small and medium-sized businesses (SMBs), according to a press release....
-
B2B PaymentsFinTechs Aid Banks In Their Own Open Banking Initiatives
Open banking initiatives and bank-FinTech collaborations continue to expand in an effort to improve financial services offerings for small and medium-sized businesses...
-
RetailSaving Main Street: Alliance Stands Up For SMB Policies
If anyone is on the front lines of Main Street’s struggle to survive, it’s Amanda Ballantyne. As the executive director of the...
-
B2B PaymentsSmall Businss Banking Secures New FinTech Unicorn
There may be talk of a venture capital slowdown, but B2B FinTech saw a busy week, with more than $280 million raised....
-
B2B PaymentsChallenger Banks Raise The Stakes (And The Cash)
With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering...
-
B2B PaymentsTide Revamps SMB Overdraft, Card Offerings With Mambu
Cloud banking platform Mambu will help business banking platform Tide expand its services, including innovations in releasing larger overdrafts, credit cards and...
-
B2B PaymentsSmall Businesses In Focus For B2B FinTechs (And Their Investors)
With more than $93.7 million in new funding, B2B FinTechs this week are finding support from investors embracing startups’ focus on small-...
-
B2B PaymentsUS Challenger SMB Bank NorthOne Lands VC
A new challenger bank in the U.S., NorthOne, has raised $21 million in a Series A funding round, according to a release. ...
-
B2B PaymentsMetro Bank Links With ezbob For Same-Day SMB Loans
To provide a digital lending offering for small business clients, Metro Bank has collaborated with banking software provider ezbob. The new offering...
-
B2B PaymentsBanking-As-A-Service Takes On The Underbanked SMB
There is good news, and there is bad news with regards to the path to addressing the unbanked and underbanked in the...
-
B2B PaymentsUK Explores Open Banking’s SMB Finance Impact
Open Banking business models continue to proliferate, and not just geographically. In the U.K., financial regulators are exploring an expansion of the...
-
B2B PaymentsWhat Open Banking Means For China, Challenger Banks And SMBs
Small businesses continue to embrace digital banking. At the same time, digital banks are looking to capitalize on their growing small and...
-
B2B PaymentsB2B Investors Reveal Their Appetite For ResTech
With $521 million raised this week among B2B FinTech startups, the industry continues to prove its appeal among venture capitalists. PYMNTS’ latest...
-
B2B PaymentsSilverCloud On How FIs Can Offer SMBs A ‘Consumer’ Banking Experience
Customer service is the lifeblood of financial services, just as much as credit cards, debit cards and checking accounts. But as banking...
-
B2B PaymentsSMBs Remain Hot Spot For Open Banking Business Models
As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new...
-
B2B PaymentsLarge Corporates Find Value In Bank-FinTech Connectivity Too
Small businesses are a growing target for bank-FinTech collaborations and data integration initiatives as financial service providers explore new use cases for...
-
B2B PaymentsBanking Circle Broadens SMB Lending Reach With Cardstream
Banking Circle, a company that provides global B2B payment solutions, is collaborating with payment processing company Cardstream to deploy a small business...
-
B2B PaymentsHow SMBs’ Digital Banking Demands Change The KYC Challenge For Banks
While small businesses often struggle with a lack of integrated digital tools from their traditional financial service providers, the friction in small...
-
B2B PaymentsHSBC’s Digital SMB Banking Platform Launches In Beta
U.K. lender HSBC made progress in the launch of its digital banking platform for small businesses, Kinetic, which is now operating in...
-
B2B PaymentsSmall Business Mobile Banking On The Rise, Survey Finds
A new survey from J.D. Power suggests small businesses have begun to embrace mobile banking and are satisfied with the service. Released...
-
B2B PaymentsSmall Business Lawsuit Against RBS’s Restructuring Unit Begins
A trial has begun against the financial institution Royal Bank of Scotland (RBS) brought by a small business owner and former RBS...
-
B2B PaymentsHong Kong Allows Banks To Reschedule SMB Loan Payments
Hong Kong’s central bank has announced measures that top financial institutions of the city plan to deploy in support of local small...
-
B2B PaymentsRho Enters SMB Banking Market With Emphasis On APIs
A new small business banking and financial services provider is launching in the U.S. market. Rho Technologies announced Tuesday (Oct. 15) the...
-
InvestmentsTide Raises $54.3M In Funding Round
Tide, a popular business banking platform, has raised $54.3 million in a Series B funding round, the company announced in a release...
-
B2B PaymentsCalifornia Opens Door For San Francisco Public Bank
California Governor Gavin Newsom has signed legislation allowing for the establishment of public banks in the state, and advocates in San Francisco...
-
B2B PaymentsAustralia’s Big Banks Criticized For Response To Rate Cut
An interest rate cut from Australia’s Reserve Bank has caused controversy in the small business banking sector, with Treasurer Josh Frydenberg praising...
-
B2B PaymentsRBC Augments AR Capabilities On SMB Mobile Banking
The Royal Bank of Canada (RBC) is enhancing its mobile banking solution for small businesses with a focus on speed and accounts...
-
B2B PaymentsSquare Warns Glitch May Prevent Transfers To Biz Bank Accounts
Payments technology company Square has acknowledged a technical glitch that prevented one small business in Toronto, Canada, from receiving funds in its...
-
B2B PaymentsUK’s Nationwide Makes Open Banking FinTech Investments
U.K. financial institution Nationwide Building Society has made an investment in open banking FinTech BankiFi, the companies revealed in an announcement Monday...
-
B2B PaymentsBanks’ Definitive B2B Payments Guide To Sibos
Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business...
-
NewsB2B Investors Go Big For Autonomous Fleet
The freight payments space may be exploring how autonomous and connected vehicles could promote payments automation for fleets, but investors today are...
-
B2B PaymentsCashplus Hires Amex Commercial Card Risk Exec
U.K. challenger FinTech Cashplus has hired a commercial card risk expert from American Express, reports this week said. According to reports Wednesday...
-
B2B PaymentsTide Targets SMB Customer Support With Paid Account Option
U.K. challenger bank Tide is planning to roll out a paid tier of its banking services for small businesses, connecting users of...
-
B2B PaymentsSpeed Finds Opportunity In B2B Payments Beyond Accounts Payable
Corporate treasurers show increasing interest in real time and faster payment solutions, the latest research suggests. However, it’s not necessarily the ability...
-
B2B PaymentsTide Follows Starling In Online SMB Banking Push
Another U.K. challenger bank is expanding its mobile-first strategy to the web. Tide, which targets small and medium-sized business (SMB) customers, announced...
-
B2B PaymentsSmall Biz FinTech Leads End-Of-Summer B2B VC
In the waning days of summer, venture capitalists appear to be in a lull: only $51.2 million was placed with B2B FinTechs...
-
B2B PaymentsChallenger Lender B-North Taps Mambu, nCino For Launch
U.K. challenger bank B-North has tapped two FinTechs to power its small business lending and banking operations. In a press release Tuesday...
-
B2B PaymentsSquare, TSB Bank Team Up For Suite Of SMB Services
Point-of-sale technology firm Square is teaming up with U.K. bank TSB Bank to offer a suite of financial services to joint small...
-
B2B PaymentsSMBs Hang In The Balance Of Bank-FinTech Collaboration
Small businesses have historically been deemed as unprofitable by major banks, with FIs’ innovation efforts often prioritizing consumer products, followed by commercial...
-
B2B PaymentsTop Banks Adjust Asia Strategy To Support Corporate Clients
Some of the world’s largest banks are adjusting their strategies in Asia in order to strengthen their support of corporate and small...
-
B2B PaymentsCurrencycloud, Iwoca Next To Land RBS Funds
Four U.K. FinTechs have been named as the next winners of funds from the Royal Bank of Scotland (RBS) to boost financial...
-
B2B PaymentsIn Banking, The Line Between SMB And Consumer Can Blur
In the world of small business financial services, entrepreneurs’ frustrations with banking have been loudly vocalized: firms are often considered too small...
-
B2B PaymentsIndia’s AU Bank Enables Account Opening Through WhatsApp
India’s AU Small Finance Bank is rolling out an integration with WhatsApp, allowing small business customers to open an account on the...
-
B2B PaymentsTide, Starling Ramp Up Rivalry Over SMB Customers
The rivalry between U.K. challenger banks Tide and Starling continues to heat up as Tide signs on its 100,000th small business customer....
-
B2B PaymentsWise Launches SMB Bank Services Via BBVA Partnership
Digital small business banking technology firm Wise is collaborating with BBVA Open Platform to launch a new small business banking product. In...
-
B2B PaymentsBrazil’s Nubank On The Universal Pain Points Of Small Business Banking
The U.K. may be the world’s hotbed for challenger banks, but it’s not the only market witnessing a surge in bank competition...
-
B2B PaymentsUK Businesses Accelerate Bank Switching
Small businesses in the U.K. accelerated their bank-switching in the second quarter of 2019, with twice as many small and medium-size businesses...
-
B2B PaymentsStarling Bank Launches Multi-owner Accounts For Larger SMBs
U.K. challenger bank Starling Bank has introduced a new feature to let multiple business owners access a single account. A press release...
-
B2B PaymentsNubank Lets SMBs Test New Bank Service For Free
Brazil FinTech Nu Pagamentos SA, also known as Nubank, is preparing to launch small business digital accounts, Reuters reported on Tuesday (July...
