SMB banking

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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Investors Pick AI, Treasury As Top Funding Targets This Week
Investors Pick AI, Treasury As Top Funding Targets This Week
October 27, 2017  |  B2B Payments

In a bit of a mixed bag for B2B FinTech venture capital (VC), investment backers stayed fairly quiet this week, racking up nearly $90 million...

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Collapse Of Regional Italian Banks Puts 40,000 SMBs In Jeopardy
Collapse Of Regional Italian Banks Puts 40,000 SMBs In Jeopardy
October 23, 2017  |  B2B Payments

Earlier this year, Italy initiated its largest bank bailout in its history when it committed up to $19 billion to save two failing regional banks,...

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HSBC Begins Payouts For SMBs Affected By Frozen Accounts
HSBC Begins Payouts For SMBs Affected By Frozen Accounts
September 08, 2017  |  B2B Payments

Weeks after reports surfaced that some small business accounts at HSBC had been frozen, a result of the FI revamping anti-money laundering (AML) crackdowns, HSBC...

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Aussie SMB Ombudsman Says Bank Compliance ‘Like Pulling Teeth’
Aussie SMB Ombudsman Says Bank Compliance ‘Like Pulling Teeth’
August 23, 2017  |  B2B Payments

As Australia continues its probe into small business banking, reports this week said small- and medium-sized businesses (SMBs) may have scored a win as banks agreed...

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