PYMNTS-MonitorEdge-May-2024

SMB lending

SMBs Ramp Up Legal Fight Against New Virgin Money Owner CYBG
SMBs Ramp Up Legal Fight Against New Virgin Money Owner CYBG
October 31, 2018  |  B2B Payments

CYBG, which recently acquired Virgin Money with plans to ramp up small business lending, is facing a heightened legal challenge from small businesses accusing the...

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OakNorth: How AI Can Fuel Banks’ Return To SMB Lending
OakNorth: How AI Can Fuel Banks’ Return To SMB Lending
October 31, 2018  |  B2B Payments

Small businesses (SMBs) left behind by their banks, thanks to tightening risk and capital requirements post-financial crisis, certainly left a gap in the SMB lending...

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Alipay Ramps Up Supply Chain, Lending Services To SMBs
Alipay Ramps Up Supply Chain, Lending Services To SMBs
October 30, 2018  |  B2B Payments

Chinese payments conglomerate Alipay is ramping up its B2B services with a new suite of offerings for small businesses (SMBs). Reports in Financial IT on...

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Five At Five: Do Banks Really Appreciate SMBs?
Five At Five: Do Banks Really Appreciate SMBs?
October 29, 2018  |  News

Welcome to Five at Five, your daily look at the payments and commerce news of the day. Today’s coverage includes new data that speaks to...

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UK MPs Call For Overhaul Of Business Lending Rules
UK MPs Call For Overhaul Of Business Lending Rules
October 29, 2018  |  B2B Payments

U.K. policymakers, or Members of Parliament (MPs), are slamming financial institutions (FIs) for their treatment of small business (SMB) borrowers, and are calling on the...

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Amex Taps Alt-Lender Ezbob In SMB Financing Push
Amex Taps Alt-Lender Ezbob In SMB Financing Push
October 15, 2018  |  B2B Payments

American Express has announced a partnership with U.K.-based alternative lending platform Ezbob as it continues to broaden its small business financing offerings. In a press...

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B2B Payments Firm PayMate Enters SMB Lending Market
B2B Payments Firm PayMate Enters SMB Lending Market
October 15, 2018  |  B2B Payments

India-based PayMate is expanding its offering beyond B2B payment services as it steps into the small business (SMB) lending market. Reports in The Hindu BusinessLine...

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Sizzle/Fizzle: Barnes & Noble Founder Eyes Buyback, Job Growth Hits High
Sizzle/Fizzle: Barnes & Noble Founder Eyes Buyback, Job Growth Hits High
October 05, 2018  |  Sizzle/Fizzle

It seems that Barnes & Noble as the world has known for the last four decades may be readying to sign off. The firm announced...

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US Bank Designs Online SMB Lending Platform
US Bank Designs Online SMB Lending Platform
September 26, 2018  |  B2B Payments

U.S. Bank has debuted its online lending portal for small business borrowers, the financial institution announced on Tuesday (Sept. 25). Following in the path of...

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