PYMNTS-MonitorEdge-May-2024

business banking

Community Banks Aim To Amplify Competitive Edge With FinTechs
Community Banks Aim To Amplify Competitive Edge With FinTechs
January 09, 2018  |  B2B Payments

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for...

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British MP Calls For Action Against Banks’ Small Business Mistreatment
British MP Calls For Action Against Banks’ Small Business Mistreatment
January 09, 2018  |  B2B Payments

A British member of parliament (MP) is calling for the creation of a special tribunal to tackle bankers’ mistreatment of small- and medium-sized businesses (SMBs)...

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Corporates Begin Pulling Cash From Bailed-Out Russian Banks
Corporates Begin Pulling Cash From Bailed-Out Russian Banks
December 29, 2017  |  B2B Payments

Five major banks in Russia saw capital outflows from corporate accounts last month, according to data compiled by Reuters from the nation’s central bank. That news...

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No Easy Fix For Freelancers’ FinServ Needs — Even With PSD2
No Easy Fix For Freelancers’ FinServ Needs — Even With PSD2
December 13, 2017  |  B2B Payments

A few bank scandals and research highlighting smaller companies’ frustrations with traditional financial institutions (FIs) have ushered in a wave of challenger banks in 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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FI.SPAN: APIs That Pack A B2B Punch
FI.SPAN: APIs That Pack A B2B Punch
September 11, 2017  |  API

It’s not fair, said FI.SPAN CEO and Co-Founder Lisa Shields, that Bill.com and AvidXchange get to have all the business payments fun — and there’s...

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Banks Still Forcing SMBs To Go To Physical Branches, Says Avoka
Banks Still Forcing SMBs To Go To Physical Branches, Says Avoka
August 10, 2017  |  B2B Payments

Banks appear to be finally waking up to the need to innovate. Between the growing number of blockchain consortia, in which banks explore the use...

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Qonto Opens Digital Banking Doors To Corporates
Qonto Opens Digital Banking Doors To Corporates
July 06, 2017  |  B2B Payments

French startup Qonto has officially launched its corporate digital banking solution. The company said this week that businesses can now open a bank account on...

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Citi Sets Corporate Banking Eyes On APAC
Citi Sets Corporate Banking Eyes On APAC
May 30, 2017  |  B2B Payments

Citi is expanding its corporate banking presence across the Asia-Pacific region, as concerns mount over the U.S.’s retraction from global trade. Reports in The Financial Times...

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