PYMNTS-MonitorEdge-May-2024

SME banking

SMEs Ignoring Federal, Local Help, Says Fifth Third
SMEs Ignoring Federal, Local Help, Says Fifth Third
May 02, 2016  |  B2B Payments

The vast majority of small businesses in the U.S. aren’t taking full advantage of resources and services provided by national and local governments, a new...

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Entrepreneurs Won’t Rule Out Crime To Finance Their Business
Entrepreneurs Won’t Rule Out Crime To Finance Their Business
April 28, 2016  |  B2B Payments

SMEs in the U.K. seem to be struggling with the concept of “good debt.” A new report from Wesleyan Bank found that more than three-quarters...

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RBS Sued By SMEs For $1.5B
RBS Sued By SMEs For $1.5B
April 26, 2016  |  B2B Payments

The Royal Bank of Scotland is in hot water with small and medium-sized businesses, and reports on Monday (April 25) have put a price tag...

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Alt-SME Lenders Go On The Defensive
Alt-SME Lenders Go On The Defensive
April 21, 2016  |  B2B Payments

The alternative finance industry boomed post-2008 financial crisis as banks retreated from small business lending. Marketplace lenders emerged to fill the gap, and analysts began...

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HSBC’s $14B Bet On SMEs
HSBC’s $14B Bet On SMEs
April 19, 2016  |  B2B Payments

The U.K. is still facing a possible exit from the European Union, but the so-called Brexit isn’t stopping major bank HSBC from banking on U.K....

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Banks Scared Of Becoming ‘Irrelevant,’ Says FUNDING XCHANGE
Banks Scared Of Becoming ‘Irrelevant,’ Says FUNDING XCHANGE
April 11, 2016  |  B2B Payments

The alternative lending industry introduced a new threat to traditional banks, but the conversation has since turned to how financial institutions can collaborate with FinTech...

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