small business banking

Senate Committee Eyes Wells Fargo Scandals’ Potential Impact On SMBs
Senate Committee Eyes Wells Fargo Scandals’ Potential Impact On SMBs
September 27, 2017  |  B2B Payments

U.S. Senators have begun pressing Wells Fargo to explore whether the fake account scandal impacted small businesses as well as individual consumers, according to Small Biz...

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Banks Raise Concerns Over CFPB Small Biz Loan Data Collection
Banks Raise Concerns Over CFPB Small Biz Loan Data Collection
September 18, 2017  |  B2B Payments

The Consumer Financial Protection Bureau is preparing to collect data on how lenders work with women-owned, minority-owned and small businesses (SMBs), but the American Bankers...

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UK Regs Won’t Publish Report On RBS’s Small Biz Scandal
UK Regs Won’t Publish Report On RBS’s Small Biz Scandal
September 18, 2017  |  B2B Payments

The U.K. Financial Conduct Authority (FCA) will not publish a report on its probe into allegations against the Royal Bank of Scotland pertaining to how...

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Australian Finance Group Teases SMB Loan Platform
Australian Finance Group Teases SMB Loan Platform
August 29, 2017  |  B2B Payments

As Australian regulators continue to press the nation’s largest banks for fairer small business lending practices, a new small- to medium-sized businesses (SMB) lending platform is...

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HSBC Business Accounts Frozen After AML Misstep
HSBC Business Accounts Frozen After AML Misstep
August 28, 2017  |  B2B Payments

HSBC U.K. has reportedly frozen some small business (SMB) bank accounts, according to news reports from Reuters. The frozen bank accounts, which have occurred in the...

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Aussie SMB Ombudsman Says Bank Compliance ‘Like Pulling Teeth’
Aussie SMB Ombudsman Says Bank Compliance ‘Like Pulling Teeth’
August 23, 2017  |  B2B Payments

As Australia continues its probe into small business banking, reports this week said small- and medium-sized businesses (SMBs) may have scored a win as banks agreed...

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Small Business, Big Banking Not A Winning Combo, Survey Finds
Small Business, Big Banking Not A Winning Combo, Survey Finds
July 31, 2017  |  B2B Payments

A new report from FIS finds small businesses continue to feel fed-up with their big banks, despite a rebound in large bank loan approval rates for...

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Nesta Chooses 20 FinTechs For SME Banking Competition
Nesta Chooses 20 FinTechs For SME Banking Competition
July 20, 2017  |  B2B Payments

Innovation foundation Nesta has announced the 20 FinTechs chosen to compete for a $6.5 million prize as the company looks to boost innovation in the...

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Santander, Sanpaolo Team Up With SME FinTechs
Santander, Sanpaolo Team Up With SME FinTechs
July 12, 2017  |  B2B Payments

Two top banks in Europe have announced separate deals with SME FinTechs in an effort to increase small business access to financing. According to recent...

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