PYMNTS-MonitorEdge-May-2024

SME banking

MPs Call On Lloyds To Compensate SMEs Scammed By HBOS
MPs Call On Lloyds To Compensate SMEs Scammed By HBOS
February 07, 2017  |  B2B Payments

U.K. policymakers are calling on top bank Lloyds to compensate SMEs that were scammed by HBOS in a scheme before Lloyds acquired the banking unit...

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APS Makes Mobile SME Banking Changes
APS Makes Mobile SME Banking Changes
January 30, 2017  |  B2B Payments

APS financial is making changes to its mobile banking services. The U.K. banking technology firm announced last week that, following feedback from both its SME and...

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Misys Prepares For Alt-Lending’s Collapse
Misys Prepares For Alt-Lending’s Collapse
January 24, 2017  |  B2B Payments

In its first significant move since calling off an IPO last year, banking software provider Misys took a bold stance: Alternative lending’s days are numbered....

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Financial Advisors Launch Private UK Bank For SMEs
Financial Advisors Launch Private UK Bank For SMEs
January 24, 2017  |  B2B Payments

The financial advisors at deVere Group are launching their own private bank in the U.K. aimed at SMEs and international clientele. The company said Monday...

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Rift Between UK SMEs, Banks Grows
Rift Between UK SMEs, Banks Grows
January 18, 2017  |  B2B Payments

Small businesses in the U.K. don’t trust their banks, and new evidence may suggest that they shouldn’t either. Reports Tuesday (Jan. 17) highlighted a study published...

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Misys Helps Banks Play The Alt-Lending Game
Misys Helps Banks Play The Alt-Lending Game
January 18, 2017  |  B2B Payments

Misys is offering banking clients access to its P2P lending software, reports said Tuesday (Jan. 17). The financial technology firm revealed it will offer banks...

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EU Banks Link To Pull SMEs Onto Blockchain
EU Banks Link To Pull SMEs Onto Blockchain
January 17, 2017  |  B2B Payments

Top financial institutions around the globe are going in on blockchain in a big way, with massive investments in R&D and beyond. Larger corporations are...

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French Startup Qonto Secures Funding To Disrupt Biz Banking
French Startup Qonto Secures Funding To Disrupt Biz Banking
January 17, 2017  |  B2B Payments

France-based Qonto, which aims to disrupt the corporate banking industry, has raised new funds for its goals. Reports Monday (Jan. 16) said Qonto secured $1.7...

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Amid Liquidity Issues, Regulation And Competition, AltFin Thriving, Says EY
Amid Liquidity Issues, Regulation And Competition, AltFin Thriving, Says EY
January 16, 2017  |  B2B Payments

The alternative lending space has journeyed through growth and struggled with challenges, especially in the last year. That goes for all segments of the space:...

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