Sections
small business banking
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4.4KB2B 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...
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5.1KB2B 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...
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2.5KB2B 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...
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3.9KB2B 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...
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4.8KB2B 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...
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2.5KB2B 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...
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3.2KB2B 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...
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1.7KB2B 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...
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2.1KB2B 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...
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2.4KInvestmentsTide 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...
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2.2KB2B 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...
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2.5KB2B 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...
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2.6KB2B 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...
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2.8KB2B 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...
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3.5KB2B 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...
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4.2KB2B 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...
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2.3KNewsB2B 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...
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3.3KB2B 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...
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2.3KB2B 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...
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3.0KB2B 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...
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2.2KB2B 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...
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3.3KB2B 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...
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4.8KB2B 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...
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3.7KB2B 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...
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3.9KB2B 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...
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2.2KB2B 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...
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2.3KB2B 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...
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3.0KB2B 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...
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2.7KB2B 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...
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2.8KB2B 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....
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4.5KB2B 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...
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3.8KB2B 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...
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2.2KB2B 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...
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3.4KB2B 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...
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3.6KB2B 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...
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3.1KB2B PaymentsCity Of London Group Preps UK Banking License For Recognise
The U.K. is seeing no signs that its influx of challenger banks will slow down. Another industry player, City of London Group,...
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3.5KB2B PaymentsInvestors Eye B2B eCommerce, Expense Tools
Though not the busiest week in B2B venture capital funding, investors presented a clear preference for corporate expense management and B2B eCommerce,...
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1.9KB2B PaymentsLaw Curbs IRS’s Power To Raid SMB Bank Accounts
The Internal Revenue Service will have less power to raid small business bank accounts as the result of new legislation signed into...
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2.5KB2B PaymentsUK SMB Challenger Bank Competition Ramps Up
U.K. challenger bank Tide is closing in on surpassing the market share of competitor The Co-Operative Bank, reports in AltFi said this...
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2.1KB2B PaymentsHeartland Launches Online Biz Acct Opening For Community FIs
Banking holding company Heartland Financial is broadening its online bank account opening capabilities to the business community. A press release Friday (May...
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2.2KB2B PaymentsCashplus Eyes Startup Credit Ratings In RBS Fund Application
U.K. challenger bank Cashplus is the latest to apply for a share of the approximately $1 billion fund set aside by RBS...
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2.8KB2B PaymentsUK Banks Create Money Pool To Refund Fraud Victims
A group of U.K. financial institutions are signing a voluntary code to refund consumer and small business victims for fraud schemes, the...
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1.8KB2B PaymentsDanske Bank Launches SMB Cybersecurity Initiative
Nordic bank Danske is launching an initiative to support its small business clients’ cybersecurity initiatives. Reports in ComputerWeekly on Monday (May 20)...
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3.4KB2B PaymentsMetro Bank Combats Internet Hoax With $478M Fundraise
Shareholders have raised $478 million for U.K. challenger bank Metro Bank after an internet hoax raised concerns over the value of the...
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2.3KB2B PaymentsPersonetics Bridges FIs To AI Small Business Banking Tech
Artificial intelligence financial services technology company Personetics is rolling out a new small business banking tool for its financial institution clients. In...
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4.7KB2B PaymentsCIBC Targets Data Integration With New SMB Platform
Canadian bank CIBC is rolling out a new small business platform that combines banking, accounting and payroll services, the institution said Monday...
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3.6KB2B PaymentsBank Mistreatment Of SMBs Goes To UK Supreme Court
U.K. lawmakers continue to crack down on unfair business practices, particularly when it comes to small business lending. But MPs are turning...
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3.3KB2B PaymentsStarling Loops Account Data Into FreeAgent Platform
U.K. challenger bank Starling Bank is connecting its small business customers to FreeAgent financial management software. Starling Bank is integrating with FreeAgent,...
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4.7KB2B PaymentsRevised Marijuana Banking Bill Gains New Support
U.S. senators have introduced a revised version of the Secure and Fair Enforcement (SAFE) Banking Act in an effort to connect legal...
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3.8KB2B PaymentsAussie Lawmakers Want Stronger Recourse For SMB Bank Disputes
Lawmakers in Australia are pushing for legal assistance for small businesses that find themselves in dispute with banks, reports in The Sydney...
