SMB banking

Nesta Chooses Open Up Challenge Winners

Nesta Chooses Open Up Challenge Winners
Nesta Chooses Open Up Challenge Winners
December 14, 2017  |  B2B Payments

Nesta has announced the 10 winners of Stage 1 of its Open Up Challenge, a competition in the U.K. for developers of FinTech targeting small...

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Boost To Finserv Competition Fails To Ease UK SMB Access To Finance
Boost To Finserv Competition Fails To Ease UK SMB Access To Finance
December 14, 2017  |  B2B Payments

New research from merchant banking group Close Brothers suggests U.K. small- and medium-sized businesses (SMBs) are still largely struggling to access financing, despite a recent...

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First National Bank Plans Online SMB Lending Portal
First National Bank Plans Online SMB Lending Portal
December 13, 2017  |  B2B Payments

First National Bank and Trust Company is planning the launch of a digital small business lending portal and has tapped a partner to create the solution....

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Challenger Banks Penta, Arro Debut Small Business Accounts
Challenger Banks Penta, Arro Debut Small Business Accounts
December 13, 2017  |  B2B Payments

Two challenger banks in the European Union — U.K.-based Arro and Germany-based Penta — both announced Tuesday (Dec. 12) that their small- and medium-sized business (SMB)...

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Helping New-To-Country Entrepreneurs Land On Their Feet In The UK
Helping New-To-Country Entrepreneurs Land On Their Feet In The UK
November 22, 2017  |  B2B Payments

Ask any entrepreneur, and he or she will tell you that starting a new business isn’t easy. Now imagine moving to a new country to...

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As UK Readies For Open Banking, FinTechs Struggle With SMB Awareness
As UK Readies For Open Banking, FinTechs Struggle With SMB Awareness
November 21, 2017  |  B2B Payments

U.K. financial institutions (FIs) have been advised to comply with the EU’s Revised Payment Service Directive (PSD2) regulations despite Brexit, but the U.K. has its...

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Citizens Digitizes SMB Lending Process With Fundation
Citizens Digitizes SMB Lending Process With Fundation
November 03, 2017  |  B2B Payments

Citizens Bank is enhancing its small and medium-sized business (SMB) lending offering by digitizing the loan application process, according to a press release published by the...

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FCA Explores How To Include More SMBs In FinServ Protections
FCA Explores How To Include More SMBs In FinServ Protections
November 02, 2017  |  B2B Payments

In business banking news, the U.K.’s Financial Conduct Authority (FCA) plans to propose an extension of its jurisdiction from serving individuals and micro-businesses to also...

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