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.

UK Official Calls For Late B2B Payment Fines

UK Official Calls For Late B2B Payment Fines
UK Official Calls For Late B2B Payment Fines
April 27, 2018  |  B2B Payments

U.K. officials continue their fight against late B2B payments, with Small Business Commissioner Paul Uppal now calling on the government to fine companies that pay...

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TSB ‘On Its Knees,’ Hires IBM To Address Meltdown
TSB ‘On Its Knees,’ Hires IBM To Address Meltdown
April 27, 2018  |  B2B Payments

TSB continues to face the fallout from a meltdown of online banking services to small businesses (SMBs) and consumers after a botched IT system upgrade....

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A Virtual Solution To Corporates’ Prepaid Card Woes
A Virtual Solution To Corporates’ Prepaid Card Woes
April 27, 2018  |  B2B Payments

The desire for greater visibility and ease in employee spend drove the use of prepaid cards in the corporate world. Recent innovations in corporate FinTech...

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How To Future-Proof A Financial Institution
How To Future-Proof A Financial Institution
April 27, 2018  |  Innovation

As Muhammad Ali once said, “Float like a butterfly, sting like a bee.” Translated for the financial services sector, this idiom might read thus: “Act...

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Barclays Pegs Cost Of SMB Cybercrime At $55.7 Billion
Barclays Pegs Cost Of SMB Cybercrime At $55.7 Billion
April 26, 2018  |  B2B Payments

More than $55.7 billion in costs are linked to fraud at small businesses (SMBs) in the U.K. to date, according to new analysis from Barclays...

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Overcoming Legacy Tech For Better Bank-FinTech Collaboration
Overcoming Legacy Tech For Better Bank-FinTech Collaboration
April 25, 2018  |  B2B Payments

FinTech competitive forces are often considered the largest source of pressure on traditional financial institutions (FIs) to innovate, particularly when it comes to small business...

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TSB IT Disaster Locks Entrepreneurs Out Of Accounts
TSB IT Disaster Locks Entrepreneurs Out Of Accounts
April 25, 2018  |  B2B Payments

The ongoing outage of TSB (Trustee Savings Bank) services in the U.K. isn’t just impacting consumers: The technical glitches that occurred as a result of...

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Equifax Rolls Out New Service That Predicts If A Business Will Incur Delinquencies
Equifax Rolls Out New Service That Predicts If A Business Will Incur Delinquencies
April 24, 2018  |  Merchant Innovation

Equifax, the credit scoring company at the center of a data breach that exposed the personal information of 145.5 million consumers, announced news on Tuesday...

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Australian Small Business Retirement Payments Stuck By System Glitch
Australian Small Business Retirement Payments Stuck By System Glitch
April 24, 2018  |  B2B Payments

Small businesses in Australia were hit by a system glitch affecting superannuation payment processing, according to reports in SmartCompany on Monday (April 23). Get the...

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