SMBs

Small and Medium businesses are privately owned corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation.

Today In Digital-First Banking: Memo Bank Rolls Out Interest-Bearing Account; Lending Platform October Lands Funding

Today In Digital-First Banking: Memo Bank Rolls Out Interest-Bearing Account; Lending Platform October Lands Funding
Today In Digital-First Banking: Memo Bank Rolls Out Interest-Bearing Account; Lending Platform October Lands Funding
October 01, 2020  |  Banking

In today’s top news in digital-first banking, Memo Bank is rolling out an interest-bearing account for companies, while lending marketplace October has notched roughly $303...

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Mastercard Adds Another Digital Tool For SMBs
Mastercard Adds Another Digital Tool For SMBs
October 01, 2020  |  Mastercard

As the digital revolution continues to transform the way shoppers pay for things amid the COVID-19 pandemic, Mastercard announced a free online tool to help...

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The Bank-FinTech Tie-Up Streamlines Access To Finance, Data
The Bank-FinTech Tie-Up Streamlines Access To Finance, Data
October 01, 2020  |  B2B Payments

As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo...

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SWIFT Launches Service For Low-Value Cross-Border Payments
SWIFT Launches Service For Low-Value Cross-Border Payments
October 01, 2020  |  Cross-border Payments

SWIFT, a global provider of secure financial messaging, announced a new service Thursday (Oct. 1) that promises to improve the experience for small and medium-sized...

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Banking-As-A-Service Helps Corporates Monetize New Payments Flows
Banking-As-A-Service Helps Corporates Monetize New Payments Flows
October 01, 2020  |  Banking

More than 40 percent of United States businesses received at least some of their invoices in 2019 via a form of communication that many younger...

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UK Cracks Down On Late Payments To Suppliers
UK Cracks Down On Late Payments To Suppliers
September 30, 2020  |  Legal & Regulation

Large U.K. companies could face fines or penalties if they don’t pay smaller suppliers on time under new rules being considered by the government, the...

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Memo Bank Launches Interest-Bearing Account For Businesses
Memo Bank Launches Interest-Bearing Account For Businesses
September 30, 2020  |  B2B Payments

Paris-based business bank Memo Bank is offering a new product three months after obtaining its full banking license, the company said on Wednesday (Sept. 30)....

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Lending Platform October Raises Funding For SMB Loans
Lending Platform October Raises Funding For SMB Loans
September 30, 2020  |  B2B Payments

Lending marketplace October worked with major investors and raised €258 million (close to $303 million) over the summer to fund loans to small and medium-sized businesses (SMBs),...

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