Digital invoicing firm Tungsten announced late last year that it would be divesting its bank, which it had acquired only months prior. Now, nearly a year...
Banks’ shortcomings when servicing small business clients have become an engine behind the FinTech boom. Alternative lenders, for instance, largely emerged as a response to...
Despite what Bank of America describes as a “challenging business environment,” SMBs are thriving, thanks in large part to friends and family. The bank released its latest...
Financial information firm Sageworks has announced its expansion into the world of SME lending. Reports said Monday (Nov. 14) that the company is entering the small business...
The latest report from Close Brothers could be bad news for banks looking to stay competitive in the SME finance space. The firm released new...
Royal Bank of Scotland has been in hot water with regulators for years following allegations that the U.K. bank profited by pushing its small business...
Will alternative lending platforms eat away at traditional banks’ market share? That’s been the question for the past few years, with many analysts agreeing that...
The U.K.’s bank referral scheme has officially kicked off. Reports by Financial Times on Tuesday (Nov. 1) said the program that requires traditional banks to refer small...
A France-based FinTech startup just secured $11 million in funding to expand its small business services. IbanFirst’s venture capital round, led by Xavier Niel, was revealed...